Shanghai Conant Optical Co., Ltd. announced that at the EGM held on 16 December 2022 approved the appointment of Ms. Zhao Xiaoyun as a non-executive director of the Company with the term of office commencing from 16 December 2022 until expiry of the term of the current session of the Board. Ms. Zhao Xiaoyun, aged 50, is currently the supervisor (part-time) of Asahi Optical Co., Ltd, an indirect wholly-owned subsidiary of the Company. Prior to joining the Group in April 2018, Ms. Zhao worked in a number of financial consultancy, asset management and securities companies in the PRC as their legal representative and/or financial controller.

Ms. Zhao holds a Bachelor of Arts in Literature from Waseda University in Japan. She passed the examination for the securities qualification issued by the Securities Association of China in September 2009 and the fund qualification issued by the Asset Management Association of China in June 2018, and possesses the accounting qualification (intermediate level) issued by the Ministry of Personnel of the PRC in May 2007. Ms. Zhao's appointment was recommended by the nomination committee of the Company after taking into account her previous work experience and her expected devotion to the Company in terms of time and effort.

Taking into consideration of the diversity perspectives (including but not limited to gender, age, cultural and educational background, professional experience, length of service, skills and knowledge), the Board is satisfied that Ms. Zhao is of such character, integrity and experience which commensurate with the office of a non-executive Director.