China Vanke Co., Ltd. received a resignation letter from Mr. LI Qiangqiang ("Mr. LI"), a non-executive director of the Company, on 12 October 2021. Mr. LI has applied for the resignation from the position as a non-executive director of the Company due to the change in work arrangements. Mr. LI also ceased to serve as a member of the audit committee (the "Audit Committee") or any positions of the Company after his resignation. Pursuant to the Company Law of the People's Republic of China and the Articles of Association of China Vanke Co., Ltd. the resignation of Mr. LI shall be effective from the tender of the resignation letter to the Board.