The board of directors (Director(s)') of CR Construction Group Holdings Limited announced that each of Ms. CHU Ping (Ms. Chu) and Mr. LAW Ming Kin (Mr. Law') has resigned, with effect from March 28, 2023, as an executive Director of the Company due to internal work arrangement of the Company. Each of Ms. Chu and Mr. Law will remain as an employee of the Company after his/her resignation as an executive Director of the Company. The Board announced that Ms. DING Shaojian (Ms. Ding) and Mr. FAN Jingbo (Mr. Fan') have been appointed as non-executive Directors of the Company with effect from March 28, 2023.

The biographical details of Ms. Ding is as follows: Ms. Ding, aged 46, has been appointed as a non-executive Director of the Company. Ms. Ding is currently a director of China Zhejiang Construction Group (H.K.) Limited (a controlling shareholder of the Company) and Zhejiang Construction Group (H.K) Holdings Limited (a controlling shareholder of the Company). She currently works as a senior investment manager of Investment and Operation Department of the Overseas Department of Zhejiang Construction Investment Group Company Ltd. Ms. Ding graduated from Chongqing University in 2011 with a Bachelor degree in Construction Management with the emphasis in Engineering Cost Management.

Ms. Ding obtained the qualification of Registered Senior Engineer (specialised in Construction Estimation) from Zhejiang Province Human Resources and Social Security Department in 2017. Mr. Fan, aged 42, has been appointed as a non-executive Director of the Company. Mr. Fan is currently the director of China Zhejiang Construction Group (H.K.) Limited (a controlling shareholder of the Company) and Zhejiang Construction Group (H.K) Holdings Limited (a controlling shareholder of the Company) respectively.

He currently serves as a senior finance manager of finance management department of the Overseas Department of Zhejiang Construction Investment Group Company Limited. Mr. Fan obtained the Bachelor degree in Accountancy from Zhejiang Gongshang University in 2003 and Bachelor degree in Civil Engineering from China University of Geosciences in 2013. Mr. Fan was admitted as a senior accountant by Human Resources and Social Security Department of Zhejiang Province in 2015.

Mr. Fan has obtained First Class Construction Engineer Registration Certificate issued by Ministry of Housing and Urban-Rural Development, the People's Republic of China in 2021 and was admitted as a senior engineer by Human Resources and Social Security Department of Zhejiang Province in 2021. The Board announced that Mr. LAI Yuk Fai Stephen JP (Mr. Lai) has been appointed as an independent non-executive Director of the Company with effect from March 28, 2023. Mr. Lai, aged 63, has retired from the position of managing director in April 2020 and has been appointed as a consultant of Rider Levett Bucknall Limited from April 2020 to March 31, 2023.

Mr. Lai obtained a Bachelor degree in Building Economics and Measurement from University of Aston, Birmingham, UK in 1984, a Master degree in E-Commerce for Executives from the Hong Kong Polytechnic University in 2002, and an Honorary Doctor of Science degree from University of Aston, Birmingham, UK in 2018. He has been elected as professional associate of the Royal Institution of Chartered Surveyors in 1987, a fellow member of the Hong Kong Institute of Surveyors in 2001, and China Registered Cost Engineer. Mr. Lai is also a member of the Registered Professional Surveyor (Quantity Surveying Division), Hong Kong.

He was a chairman of Quantity Surveying Division of the Hong Kong Institute of Surveyors from 2008 to 2009 and the president of The Hong Kong Institute of Surveyors from 2012-2013. He is currently a director of Hong Kong Green Building Council. He was elected as a member of the National Committee of the 13th Xuhui District, Shanghai of the Chinese People's Political Consultative Conference in January 2023.

The Board hereby announces that with effect from March 28, 2023, Mr. GUAN Manyu has resigned as a member of the nomination committee of the Company (Nomination Committee'); Mr. Li Kar Yin has resigned as a member of the Nomination Committee and the Remuneration Committee; and Mr. Lai has been appointed as a member of the audit committee of the Company, a member of the Nomination Committee and a member of the Remuneration Committee.