The board of directors of Financial Street Property Co., Limited announced that Mr. Shen Mingsong non-executive Director of the Company, has tendered his resignation as a non-executive director of the Company and a member the Remuneration Committee of the Board due to change of his work arrangement. Mr. Shen's resignation will become effective upon election of a new non-executive Director at the annual general meeting of the Company to be held on 8 June 2023, until which he will continue to perform his duties as a non-executive Director and a member of the Remuneration Committee in accordance with the applicable laws and the Articles of Association.