China Aircraft Leasing Group Holdings Limited dated 14 March 2023, Mr. FAN Yan Hok, Philip retired as an Independent Non-executive Director of the Company, and accordingly the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee of the Company, with effect from the conclusion of the 2023 AGM held on 16 May 2023. The board of directors (the "Board") of the Company hereby announces that as the results of the retirement of Mr. Philip FAN as an Independent Non-executive Director of the Company as set out above and with effect from 16 May 2023: Dr. TSE Hiu Tung, Sheldon has been re-designated from a member of the Remuneration Committee to the chairman of the Remuneration Committee. He is also a member of each of the Audit Committee and the Nomination Committee; Mr. CHEOK Albert Saychuan has been re-designated from the chairman of the Audit Committee to a member of the Audit Committee. He is also the chairman
of the Nomination Committee and a member of the Remuneration Committee; and Mr. FAN Chun Wah, Andrew has been appointed as the chairman of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee.