Colour Life Services Group Co., Limited announce that Ms. Yang Lan has been appointed as an executive director of the Company with effect from 21 June 2023., Ms. Yang Lan aged 47, joined the Group in March 2018. She is currently the Chief Financial Officer of the Group. Prior to joining the Group, Ms. Yang worked at TCL Multimedia Technology Holdings Limited from July 1998 to February 2018, with her last position as the financial controller.

Ms. Yang has approximately 25 years of experience in accounting and financial management. Ms. Yang obtained a Bachelor's Degree in Economics from Xi'an Jiaotong University in July 1998, a Master's Degree in Economics from Peking University in December 2010 and a Master's Degree in Business Administration from Peking University HSBC Business School in August 2020. She holds the title of senior accountant.

The board of directors of the Company (the "Board") announces that Mr. Zhu Guogang ("Mr. Zhu") has tendered his resignation as an executive director of the Company with effect from 21 June 2023 due to his other personal affairs. Mr. Zhu has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company and the Stock Exchange.