The board of directors of China Everbright Environment Group Limited announced that with effect from 27 March 2024, the Board, after considering the recommendation of the nomination committee of the Company, has appointed Mr. Kang Guoming (? Mr. Kang ?) and Mr. Pan Jianyun (?Mr. Pan?) as Non-executive Directors. Mr. Kang, aged 53, prior to joining the Group, had served as a deputy general manager (general manager level) of integrated development department of China Everbright Group Ltd. (?

China Everbright Group ?). He had also served as chairman of the board of China CYTS Tours Holding Co. Ltd. He holds a bachelor degree and a master degree in economics from Peking University.

He is a qualified lawyer in China. Mr. Pan, aged 53, is currently a director and vice president of China Everbright Holdings Company Limited, an indirect controlling shareholder of the Company. Prior to joining the Group, Mr. Pan had served as a deputy general manager of each of the listing office and integrated development department of China Everbright Group, and a business line director and general manager of the investment banking management headquarters of Everbright Securities Company Limited.

He previously worked as a lawyer at Ningbo Beilun Law Firm, a project manager, an assistant to general manager, a director of legal affairs office and a general manager of investment banking headquarters of Skyone Securities' investment banking division. He holds a bachelor degree in law from China University of Political Science and Law, a master degree in economics from Zhejiang University, and an executive master degree in business administration from Fudan University. The Board announced that with effect from 27 March 2024, due to work arrangement, Mr. Hu Yanguo has resigned as an Executive Director, the Vice President and a member of the disclosure committee of the Company; Mr. Qian Xiaodong has resigned as an Executive Director, the Vice President and a member of the Disclosure Committee; Mr. An Xuesong has resigned as an Executive Director, the Vice President, a member of each of the risk management committee of the Company and the Disclosure Committee and an alternate authorised representative of the Company.

Mr. Hu and Mr. Qian joined the Board in January 2018 and Mr. An joined the Board in October 2021. They have demonstrated dedication and diligence, and earnestly performed their obligations and exercised their functions and power in serving the Company during their tenure of directorship. The Board announced that pursuant to the appointment letter entered into between Mr. Zhai Haitao (?Mr. Zhai?) and the Company, the term of office of Mr. Zhai as an Independent Non- executive Director will expire after the conclusion of the annual general meeting of the Company to be held in 2024 and he is subject to the arrangements of retirement by rotation and re-election in accordance with the Articles of Association and the Listing Rules.

Since Mr. Zhai would like to devote more time to his other work and business, he will not offer himself for re-election at the 2024 AGM. Accordingly, Mr. Zhai will retire as INED upon the conclusion of the 2024 AGM, and at the same time, will cease to act as the chairman of the remuneration committee, and a member of each of the audit committee of the Company and the Nomination Committee. The Board, after considering the recommendation of the Nomination Committee, announced that with effect from the conclusion of the 2024 AGM, Mr. Fan Yan Hok, Philip will be re-designated from the chairman to a member of the Risk Management Committee, and will be re-designated from a member of Remuneration Committee to the chairman of the Remuneration Committee; and Mr. Suo Xuquan will be re-designated from a member to the chairman of the Risk Management Committee, and will be appointed as a member of the Audit Committee.

The Board announced that the Disclosure Committee was cancelled with effect from 27 March 2024 and its work and duties are thereafter performed by the Board. The chairmanship and memberships of the Disclosure Committee were automatically cancelled following the cancellation of the Disclosure Committee.