China Resources Mixc Lifestyle Services Limited announces that Ms. YANG Hongxia has resigned, with effect from 17 August 2023, as an executive Director, the secretary to the Board, the vice president of the Company and the chief financial officer of the Company due to her other work arrangements in China Resources Group. Ms. YANG has confirmed that she has no disagreement with the Board and that there is no matter in respect of her resignations which needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Board announced that Mr. NIE Zhizhang has been appointed as an executive Director, the secretary to the Board, the Vice President and the Chief Financial Officer with effect from 17 August 2023.

Mr. NIE, aged 40, has been appointed as an executive Director, the secretary to the Board, the Vice President and the Chief Financial Officer of the Company in August 2023. He has extensive experience in finance, operation, marketing and investment. Mr. NIE joined China Resources Land Limited, the immediate holding company of the Company, after obtaining his master's degree from the Northeastern University of China in July 2008.

From July 2008 to October 2013, he successively served as a supervisor, an assistant manager and a deputy manager of finance department of Shenyang company of CR Land. From October 2013 to September 2017, he successively served as the deputy manager, assistant general manager and deputy general manager of finance management department of Shenyang region of CR Land. He served as the general manager of finance department of Northeast region of CR Land from September 2017 to June 2019, responsible for legal and audit management, the general manager of both finance department and marketing department of Northeast region of CR Land from June 2019 to January 2020, the assistant general manager and the general manager of finance department, marketing department and investment management department of Northeast region of CR Land from January 2020 to August 2020, the assistant general manager and the general manager of marketing department of Northeast region of CR Land from August 2020 to January 2022, and the assistant general manager of Northeast region of CR Land from January 2022 to April 2022, responsible for finance, operation and investment management.

Mr. NIE has been transferred to South China region of CR Land in April 2022 and has successively served as the assistant general manager and deputy general manager of South China region of CR Land since April 2022, responsible for investment, marketing and operation management. Mr. NIE holds a bachelor's degree and a master's degree in accounting both from the Northeastern University of China.