The board of directors of China Carbon Neutral Development Group Limited announced that Dr. Dai Fan ("Dr. Dai") has tendered her resignation as an independent non-executive Director, a member of each of the remuneration committee (the "Remuneration Committee"), audit committee (the "Audit Committee") and nomination committee (the "Nomination Committee") of the Company (the "Board Committees") due to not being able to devote more time to continuously fulfill her duties for the Company, she will not be able to visit the Company in Asia in the near future for the reasons of her work adjustments, with effect from 27 December 2023.