Company: CHOW
Filing Date: 2025-08-22
Form Type: F-1/A
Source: 0001641172-25-025146
Chunk: 122

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-08-22
Form: F-1/A
Chunk 122
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orting competition in Hong Kong. The key prohibitions include
(i) prohibition of agreements between businesses which have the object or effect of preventing, restricting or distorting competition
in Hong Kong; and (ii) prohibiting companies with a substantial degree of market power from abusing their power by engaging in conduct
that has the object or effect of preventing, restricting or distorting competition in Hong Kong. The penalties for breaches of the Competition
Ordinance include, but are not limited to, financial penalties of up to 10% of the total gross revenues obtained in Hong Kong for each
year of infringement, up to a maximum of three years in which the contravention occurs.

Hong Kong Laws and Regulations relating to Employment

Pursuant to Employment Ordinance(Chapter
57 of the Laws of Hong Kong) (“EO”), all employees covered by the EO are entitled to basic protection under the EO including
but not limited to payment of wages, restrictions on wages deductions and the granting of statutory holidays.

Pursuant to Mandatory Provident Fund Schemes Ordinance(Chapter 485 of the Laws of Hong Kong) (“MPFSO”), every employer must take all practicable steps to ensure
that the employee becomes a member of a Mandatory Provident Fund (MPF) scheme. An employer who fails to comply with such a requirement
may face a fine and imprisonment. The MPFSO provides that an employer who is employing a relevant employee must, for each contribution
period, from the employer’s own funds, contribute to the relevant MPF scheme the amount determined in accordance with the MPFSO.

Pursuant to Employees’ Compensation Ordinance(Chapter 282 of the Laws of Hong Kong) (“ECO”), all employers are required to take out insurance policies to
cover their liabilities under the ECO and at common law for injuries at work in respect of all of their employees. An employer failing
to do so may be liable to a fine and imprisonment.

Pursuant to Minimum Wage Ordinance(Chapter
608 of the Laws of Hong Kong) (“MWO”), an employee is entitled to be paid wages no less than the statutory minimum wage rate
during the wage period. With effect from 1 May 2025, the statutory minimum hourly wage rate is HK$42.1. Failure to comply with MWO constitutes
an offence under EO.

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<div align='center'>Management</div>

Directors and Executive Officers

The following table provides information regarding our directors and executive officers as of the date of