Lumina : CHANGE OF AUDITOR

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LUMINA GROUP LIMITED

瑩嵐集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1162)

CHANGE OF AUDITOR

This announcement is made by the board (the "Board") of directors (the "Directors") of Lumina Group Limited (the "Company") together with its subsidiaries (the "Group") pursuant to Rule 13.51(4) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

RESIGNATION OF AUDITOR

The Board announces that Deloitte Touche Tohmatsu ("Deloitte") has resigned as the auditor of the Company with effect from 1 April 2021 as the Company and Deloitte could not reach consensus on the audit fee of the Company for the year ended 31 March 2021.

Deloitte has confirmed in its letter of resignation dated 1 April 2021 that there are no matters or circumstances connected with its resignation that need to be brought to the attention of the shareholders of the Company. The Board and the Audit Committee of the Company (the "Audit Committee") have also confirmed that there is no disagreement or unresolved matters between Deloitte and the Company, and that there is no other matters in respect of the change of auditor which should be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to express its gratitude and appreciation to Deloitte for its professional and quality services rendered to the Company during the past years.

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APPOINTMENT OF AUDITOR

The Board further announces that, with the recommendation of the Audit Committee, Moore Stephens CPA Limited ("Moore Stephens"), has been appointed as the new auditor of the Company with effect from 1 April 2021 to fill the casual vacancy following the resignation of Deloitte and to hold office until the conclusion of the next annual general meeting of the Company.

The Board and the Audit Committee are of the view that the change of auditor would enable the Company to carry out effective cost control and reduce the overall operating expenses of the Company to better cope with the future business development of the Group and is in the interest of the Company and its shareholders as a whole.

The Board believes that the change of auditor will not have any significant impact on the progress of the annual audit for the year ended 31 March 2021.

The Board would like to take this opportunity to express its warm welcome to Moore Stephens on its appointment as the auditor of the Company.

By Order of the Board

Lumina Group Limited

Fok Hau Fai

Chairman and Executive Director

Hong Kong, 1 April 2021

As at the date of this announcement, the Board comprises (i) two Executive Directors, namely Mr. Fok Hau Fai and Mr. Sung Sing Yan; and (ii) three Independent Non-executive Directors, namely Mr. Hung Kin Sang, Mr. Lee Yin Sing and Mr. Wan Chun Kwan.

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