BBMG Corporation approved executive changes. At the 2023 First Extraordinary General Meeting, the resolutions in relation to the election of Mr. Gu Yu and Mr. Jiang Changlu as Directors have been approved. The Company announced that according to the meeting of the Board held on 27 September 2023, the Board has resolved and approved that Mr. Gu Yu and Mr. Jiang Changlu be appointed as the executive Directors of the sixth session of the Board with immediate effect.

The term of office of Mr. Gu Yu and Mr. Jiang Changlu is the same as the current session of the Board. Mr. Gu Yu, born in March 1972, holds an on-job postgraduate degree and a master's degree in engineering. He is a senior economist.

Mr. Gu worked for Equipment and Material Company of Beijing Uni-Construction Group in July 1993. Mr. Gu currently has served as the deputy secretary of the communist party committee and the general manager of the Company since July 2023 and August 2023 respectively. Mr. Gu successively served as a material staff of distribution center and vice manager of Equipment and Material Company of Beijing Uni-Construction Group, general manager and vice chairman of Beijing Tianliao Equipment Material Co.

Ltd., assistant to the general manager of Equipment and Material Company of Beijing Uni- Construction Group, general manager of Beijing Uni-Construction International Wood Industrial Co. Ltd., deputy secretary of the Party General Branch, generalmanager and chairman of Beijing Uni-Construction Logistics Co. Ltd., assistant to the general manager of Beijing UN-Construction Group Co.

Ltd., and the deputy secretary of the communist party committee and chairman of Beijing Uni-Construction Tech.& Trade Holding Group Co. Ltd. Mr. Gu served as the deputy general manager of Beijing Uni.-Construction Group Co. Ltd. from June 2016 to October 2019; deputy secretary of the party committee and deputy general manager of Beijing Urban Construction Group Co.

Ltd. and the secretary of the party committee and chairman of Beijing Uni.-Construction Group Co. Ltd. from October 2019 to September 2020;deputy secretary of the party committee and deputy general manager of Beijing Urban Construction Group Co. Ltd. from September 2020 to July 2023 (among which, he took temporary posts as a member of the party committee of the Xinjiang Hetian Commander Headquarters and the secretary of Urumqi Municipal Committee from September 2020 to July 2023).

Mr. Jiang Changlu, born in May 1965, obtained a master's degree in engineering from University of Science and Technology Beijing. Mr. Jiang is a senior economist. Mr. Jiang has been serving as the deputy secretary of the communist party committee of the Company since July 2023.

Mr. Jiang served as a supervisor of the technology department, technician of raw materials workshop, operator of new line branch, assistant to the director of the production safety department, deputy director of the production safety department, deputy manager of transportation company, director and branch secretary of the supply department, deputy director and chief despatcher of the production management department, director of supply department and vice manager of Beijing Liulihe Cement Factory* () from August 1987 to November 2005; deputydirector and director of the cement business division of the Company, deputy manager of the cement branch company, manager of BBMG Cement Trading Co. Ltd., vice general manager and chairman of Hebei Taihang Cement Co. Ltd. from November 2005 to May 2011; and manager of BBMG Cement Trading Co.

Ltd. from May 2011 to October 2015. Mr. Jiang served as a deputy general manager and director of the cement business segment of the Company and manager of BBMG Cement Trading Co. Ltd. from May 2016 to September 2016; a deputy general manager of the Company, manager of BBMG Cement Trading Co.

Ltd., the secretary of the communist party committee and vice chairman of Tangshan Jidong Cement Co. Ltd. from September 2016 to June 2017. He successively served as the standing member of the party committee of BBMG Group Company Limited and the Company, a deputy general manager of the Company and thesecretary of the communist party committee and chairman of Tangshan Jidong Cement Co.

Ltd. from June 2017 to June 2018; standing member of the party committee and a deputy general manager of the Company and the secretary of the communist party committee and chairman of Tangshan Jidong Cement Co. Ltd. from June 2018 to January 2020; and standing member of the party committee and a deputy general manager of the Company from January 2020 to July 2023. He has been serving as the deputy secretary of the communist party committee of the Company since July 2023.