Aquila Acquisition Corporation announced that Mr. Hongbo WANG, a member of the Company's Advisory Board (which provides business insights and industry expertise upon the request of the Board of Directors), has resigned from his positions in CMB International Capital Corporation Limited ("CMBI") for personal reasons. In view of his resignation from CMBI (which is the sole shareholder of CMB International Asset Management Limited, a promoter of the Company), Mr. Wang has also resigned from the Company's Advisory Board with effect from 4 May 2023. Following Mr. Wang's resignation, the Advisory Board consists of Mr. Ju ZHAO as chairman and Dr. Kexiang ZHOU and Mr. Guozheng YU as members.