The board of directors of CLSA Premium Limited announced that Mr. Jin Shaoliang has tendered his resignation as an independent non-executive director of the Company and ceased to be the chairman and a member of the Company's remuneration committee, a member of each of the Company's nomination committee and the Company's corporate governance committee shall take effect from 1 May 2020 due to his health reason. The Board further announced that Mr. Christopher Wesley Satterfield has been appointed as a member and the chairman of the Remuneration Committee and Ms. Hu Zhaoxia has been appointed as a member of the Nomination Committee. The aforesaid appointments shall take effect from 1 May 2020. As a results of such changes, (i) the Remuneration Committee will comprise Mr. Christopher Wesley Satterfield (chairman), Mr. Yuan Feng and Mr. Wu Jianfeng with effect from 1 May 2020; (ii) the Nomination Committee will comprise Mr. Li Jiong (Chairman), Mr. Christopher Wesley Satterfield and Ms. Hu Zhaoxia with effect from 1 May 2020; and (iii) the Corporate Governance Committee will comprise Mr. Xu Jianqiang (chairman), Ms. Hu Zhaoxia and Mr. Christopher Wesley Satterfield with effect from 1 May 2020.