The Board of BabyTree Group announced that with effect from 19 December 2023: Mr. Christian Franz REITERMANN has resigned as a non-executive Director. Mr. HUANG Zhenwu has been re-designated from an independent non-executive Director to a non-executive Director. Mr. SHIAH Hung-Yu has been appointed as a member of the Remuneration Committee and Ms. Jin SU has been appointed as a member of the Nomination Committee. Mr. Huang, aged 59, was appointed as an independent non-executive Director in May 2023 and re- designated as a non-executive Director in December 2023. Mr. Huang is currently a partner at Beijing Deheng Law Offices and a practicing lawyer in China, with extensive legal service experience in
capital markets and corporate governance. He began his career as a lawyer in July 1993 and obtained the qualification of a securities lawyer award by the Ministry of Justice and the China Securities Regulatory Commission (the "CSRC") in 1996. Since July 2002, Mr. Huang has been practicing at Beijing Deheng Law Offices. Mr. Huang has served as an independent director of Jinneng Science & Technology Co. Ltd. since April 2021. He also currently serves as an independent director of Ziel Home Furnishing Technology Co. Ltd. (). From October 2017 to February 2021, he served as a member of the 17th and 18th Issuance Appraisal Committee of the CSRC. He is also a practical guidance professor at the Law School of Renmin University of China. Mr. Huang obtained his master's degree in civil and commercial law from Renmin University of China in June 1993. In light of the foregoing, the Board also announced that (i) Mr. SHIAH Hung-Yu (an independent non-executive Director) has been appointed as a member of the Remuneration Committee with effect from 19 December 2023; and (ii) Ms. Jin SU (an independent non-executive Director) has been appointed as a member of the Nomination Committee with effect from 19 December 2023.