The Board of CMIC Ocean En-Tech Holding Co., Ltd. announced that Mr. Lou Dongyang has resigned as a non-executive Director and the chairman of the Board due to his other work commitments with effect from 9 December 2022. The Board further announces that with effect from 9 December 2022, Mr. Yu Zhiliang ("Mr. Yu") has been appointed as a non-executive Director and the chairman of the Board. The biographical details of Mr. Yu are set out below: Mr. Yu, aged 54, is the deputy general manager (with general manager ranking) of China Merchants Industry Holdings Co., Ltd, a controlling shareholder the Company.

Mr. Yu served as the staff member and deputy principal staff member of Guangdong Province Electric Engineering Industry Department from July 1991 to May 1997; the deputy principal staff member and principal staff member of the Science and Technology Department of the Economy and Trade Committee of Guangdong Province and the principal staff member and deputy director of the Technological Progress and Equipment Department of the Economy and Trade Committee of Guangdong Province successively from May 1997 to June 2004; a deputy director and director of the Planning and Development Division of the State-owned Assets Supervision and Administration Commission of Guangdong Province from June 2004 to August 2008; a deputy general manager of Guangdong Steel Group Company Limited from August 2008 to December 2010; a director and general manager of Guangdong Guangye Assets Management Co., Ltd. from December 2010 to September 2016; the president of Guangdong Guangye Assets Management Co., Ltd. from September 2016 to March 2017; the president of Guangdong Guangye Group Co., Ltd. from March 2017 to January 2019; and the head of the Environmental Industry Preparatory Division of China Merchants Group from January 2019 to December 2020. Mr. Yu obtained a degree of Master of Business Administration from South China University of Technology in 2001 and a doctorate degree in management specialising in Management Science and Engineering from South China University of Technology in 2004. The Board also announced that with effect from 9 December 2022: Mr. Lou Dongyang ceased to be the chairman of the Nomination Committee of the Company, a member of the Remuneration Committee of the Company and the chairman of the Compliance Committee of the Company; and Mr. Yu has been appointed as the chairman of the Nomination Committee of the Company, a member of the Remuneration Committee of the Company and the chairman of the Compliance Committee of the Company.