The board of directors of Peace Map Holding Limited (the "company") announced that Mr. Zhang Chuanjun ("Mr. Zhang") has resigned from his position as an executive director, deputy chairman and a member of the executive of the company. Mr. Zhang has also resigned from his position as a director in all the subsidiaries of the company. His resignation is with effect from 1 April 2016.

Mr. Zhang has confirmed that his resignation is due to the recent heavy work load and other personal commitments. Mr. Zhang has also confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company or The Stock Exchange of Hong Kong Limited. In addition, Mr. Wang Zheng, an executive director and the chief executive officer of the company, is appointed as a member of the Executive Committee with effect from 1 April 2016.