CIMC Enric Holdings Limited announces that Ms. Yien Yu Yu, Catherine ("Ms. Yien") has resigned as an independent non-executive Director, and ceased to be the chairman of the audit committee of the Company (the "Audit Committee") with effect from 24 August 2023 due to her desire to pursue a new career development. The Board announce that Ms. Wong Lai, Sarah ("Ms. Wong") has been appointed as an independent non-executive Director and the chairman of the Audit Committee (collectively the "Appointments") with effect from 24 August 2023. Ms. Wong Lai, Sarah, aged 45, has over 20 years of experience in corporate finance, capital markets, initial public offerings, mergers and acquisitions and placement projects. Ms. Wong is currently serving as a partner at Transpac Capital Limited, a private equity firm licensed under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) ("SFO") where she is mainly responsible for managing merger and acquisition projects and investor relationship. She had previously served as the deputy head of Investment Banking Division and head of Coverage and Financial Sponsors of the group of Guotai Junan International Holdings Limited (a company listed on the Stock Exchange in Hong Kong, head of Financial Sponsor team under the Global Coverage Department of BOC International; senior vice president of Fixed Income Division of the Greater China Region of DBS Bank (Hong Kong) Limited, director of Debt Capital Markets Department of BOC International and senior auditor at PricewaterhouseCoopers. Ms. Wong will serve as an independent non-executive director of ENN Energy Holdings Limited (a company listed on the main board of the Stock Exchange with effect from 25 August 2023. Ms. Wong graduated from the London Metropolitan University in the United Kingdom with an Honours Bachelor's Degree in accounting in 2001. Ms. Wong is a fellow member of the
Association of Chartered Certified Accountants, and a responsible officer licensed under the SFO to carry on Type 4 (advising on securities) and Type 6 (advising on corporate finance)
regulated activities.