The board of directors of China Shanshui Cement Group Limited announce that an environmental, social and governance committee (the ‘ESG Committee') is established with effect from 21 April 2023. The ESG Committee is mainly responsible for reporting to the Board matters relating to the Group's environmental, social and governance practices, as well as monitoring the formulation and implementation of the Group's vision, strategies, goals and policies regarding ESG issues. The ESG Committee comprises three executive Directors, namely Mr. LI Huibao, Ms. WU Ling-ling and Mr. HOU Jianguo, and three independent non-executive Directors, namely Mr. CHANG Ming-cheng, Mr. LI Jianwei and Mr. HSU You-yuan.

Mr. LI Huibao was appointed as the chairman of the ESG Committee. Dissolution of executive committee: The Board further announced that the executive committee of the Company (the ‘Executive Committee') has been dissolved with effect from 16 March 2023. After having regard to the functions of the Executive Committee, which were to manage the overall business of the Group, the Board considered that the Board already assumes the same management responsibilities.

Upon the dissolution of the Executive Committee, the functions and duties of the Executive Committee will be taken over by the Board.