LIST OF DIRECTORS AND THEIR ROLE AND FUNCTION

Members of the board of directors (the "Board") of Mascotte Holdings Limited with effect from 21 January 2015 are set out below:

Executive Directors

Mr. Chung Yuk Lun (Acting Chairman)
Mr. Chow Chi Wah, Vincent

Independent Non-executive Directors

Mr. Frank H. Miu
Mr. Robert James Iaia II Mr. Hung Cho Sing
Mr. Chung Kong Fei, Stephen

There are three Board committees:

Board Committee

Director

Audit

Committee

Remuneration

Committee

Nomination

Committee

Mr. Chung Yuk Lun

-

member

member

Mr. Frank H. Miu

chairman

member

member

Mr. Robert James Iaia II

member

chairman

chairman

Mr. Hung Cho Sing

member

member

-

Hong Kong, 21 January 2015

* For identification purpose only

distributed by