The board of directors of BBMG Corporation announced that according to the relevant requirements of the Company Law of the People's Republic of China and the Articles of Association of the Company and the resolutions duly passed by the Board on 9 February 2023, Mr. Jiang Yingwu, an existing executive director of the Company, was appointed as the chairman of the sixth session of the Board and the chairman of the Strategic Committee of the sixth session of the Board with effect from 9 February 2023 and the term of each appointment is the same as that of the sixth session of the Board. BIOGRAPHY OF MR. JIANG YINGWU: Mr. Jiang Yingwu, born in October 1966, is the executive director, chairman of the Board and the secretary of the communist party committee of the Company. He has served as the general manager and deputy secretary of the communist party committee of the Company between December 2020 and February 2023.

Mr. Jiang Yingwu has served as the executive director of the Company since 19 January 2021. Mr. Jiang Yingwu had been the vice general manager of the Company from October 2016 to December 2020 and a standing member of the communist party committee of the Company from June 2017 to December 2020. Mr. Jiang Yingwu, who holds the title of senior economist and senior engineer, graduated with a bachelor's degree in inorganic materials science and silicate engineering from Shandong College of Building Materials Industry in August 1989.

He had been a section member and deputy section chief of the technology quality section of Beijing Yanshan Cement Plant, cadre and vice manager of the technology department of the headquarters of Beijing City Building Material Group, vice manager of the technology department of BBMG Group Company Limited, the deputy secretary general and head of the general office of the Building Materials Industry Association, and the head of the strategic development department, the manager of the policy research office and the head of the organization department of the party committee of the Company.