BEST Inc. announced that Mr. Mark Qiu has resigned from his position as a director of the Company due to personal reasons, effective May 6, 2022. Mr. Qiu served as the chairman of the audit committee, and also served as the chairman of the compensation committee, of the Company's board of directors. The Company also announced that the Company has appointed Mr. Ying Wu and Mr. Klaus Anker Petersen as independent directors of the Company.

Each of Mr. Wu and Mr. Petersen satisfies the requirements for an "independent director" within the meaning of Section 303A of the Corporate Governance Rules of the NYSE and meets the criteria for independence set in Rule 10A-3 of the Exchange Act. As of now, the Company has three independent directors. The Company also announced that Mr. Wu will serve as the chairman of the audit committee and will also serve as the chairman of the compensation committee, of the Company's board of directors.