The board (the "Board") of directors (the "Directors") of China LNG Group Limited hereby announced that Dr. Kan Che Kin, Billy Albert ("Dr. Kan") has ceased to act as the chief executive officer of the Company (the "CEO") with effect from 2 October 2023 and remains as an executive Director and Chairman of the Board. The Board announcedthat Mr. Deng Yaobo ("Mr. Deng") has been appointed as CEO of the Company with effect from 2 October 2023. Mr. Deng Yaobo, aged 52, graduated from Zhongnan University of Economics and Law in 1993, majoring in industrial economics, with a bachelor's degree in economics.

He holds the qualifications of China's registered cost engineer and China's registered asset appraiser. Mr. Deng joined China Gas Group in May 2002 and served as the vice president of China Gas Holdings Limited ("China Gas"), the shares of which are listed on the Main Board of the Stock Exchange (stock code: 384). He also served as the chief strategy officer and director of certain subsidiaries of China Gas from May 2002 to September 2023, responsible for the strategic development, corporate management, corporate culture and heating business of China Gas.

Mr. Deng has extensive experience in project investment and corporate management.