The board of directors of CMOC Group Limited announced that on 8 October 2022, the Board resolved to appoint Mr. Xu Hui as the secretary to the Board of the Company, with effect from the date of approval by the Board until the expiry of the term of office of the current session of the Board. Mr. Xu, aged 44, graduated from Hebei University of Economics and Business with a bachelor's degree in Investment Economics Management in 2001. Mr. Xu served at Great Wall Motor Company Limited successively as the director of securities and legal department, the secretary to the board of directors, and the chairman of the financial business segment with extensive experience in information disclosure, investor relationship, corporate financing, equity investment, legal and compliance, and business financial management from July 2001 to September 2022.

Mr. Xu joined the Company in October 2022. The Board also proposes to appoint Mr. Xu as a joint company secretary of the Company, with a term until the expiry of the term of office of the current session of the Board. The Company will apply to The Stock Exchange of Hong Kong Limited for a waiver from strict compliance with the requirements under Rules 3.28 and 8.17 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Waiver") in relation to Mr. Xu's appointment as soon as practicable, and Mr. Xu's appointment is subject to the grant of the Waiver.