The board of directors (the ‘‘Board’’) of Tic Tac International Holdings Company Limited (the ‘‘Company’’) hereby resolves to establish a remuneration committee of the Board (the ‘‘Remuneration Committee’’). The constitution of the Remuneration Committee shall comply with the requirements of the Rules Governing the Listing of Securities (the ‘‘Listing Rules’’) on The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’) from time to time.