Ganfeng Lithium Co., Ltd. announced that at its EGM held on March 24, 2020, shareholders approved that Mr. Ge Zhimin, Mr. Yu Jianguo and Ms. Yang Juanjuan were elected as non-independent directors; Mr. Liu Jun, Ms. Huang Siying, Ms. Xu Yixin and Mr. Xu Guanghua were elected as independent non-executive director. The term of office of the above elected directors is three years from March 24, 2020. Immediately following the EGM, the fifth session of the board of supervisors of the Company consists of three Supervisors, including two external Supervisors, namely, Mr. Zou Jian and Mr. Guo Huaping; one staff representative supervisor, namely, Mr. Huang Hua'an. Mr. Huang Hua'an was elected as staff representative supervisor at the staff representative meeting of the Company held on February 7, 2020. Terms for all supervisors are three years. The board of supervisors of the Company unanimously elected Mr. Huang Hua'an as the chairman of the fifth session of the board of supervisors of the Company for a term of three years. His term of office is the same as his term of supervisorship. Due to the expiration of the term of office, since March 25, 2020, Mr. Shen Haibo has ceased to be an executive director, Mr. Xu Xiaoxiong has ceased to be an executive director and a member of the strategy committee, Mr. Huang Daifang has ceased to be a non-executive director and a member of the strategy committee, and Mr. Huang Huasheng has ceased to be an independent non-executive director, the chairman of the nomination committee and a member of the audit committee, Mr. Gong Yong ceased to serve as a supervisor and Mr. Tang Xiaoqiang has ceased to serve as a supervisor. The above persons have confirmed that they have no disagreement with the Board and the board of supervisors, and there is no relevant matter that need to be brought to the attention of shareholders of the Company in terms of their departure. The Company would like to acknowledge the contributions they have made as directors and supervisors during their term of office with highest regard and deepest gratitude. Immediately following the EGM, the Board appointed the following members of the Strategy Committee, Audit Committee, Nomination Committee, Remuneration Committee and Sustainable Development Committee under the fifth session of the Board with effect from March 24, 2020: The Strategy Committee consists of five members, namely Mr. Li Liangbin, Mr. Wang Xiaoshen, Mr. Ge Zhimin, Ms. Yang Juanjuan and Mr. Yu Jianguo. Mr. Li Liangbin has been appointed as the chairman of the Strategy Committee. The Audit Committee consists of three members, namely Ms. Wong Sze Wing, Mr. Liu Jun and Ms. Xu Yixin. Ms. Wong Sze Wing has been appointed as the chairman of the Audit Committee. The Nomination Committee consists of three members, namely Mr. Liu Jun, Mr. Xu Guanghua and Ms. Deng Zhaonan. Mr. Liu Jun has been appointed as the chairman of the Nomination Committee. The Remuneration Committee consists of three members, namely Ms. Xu Yixin, Ms. Yang Juanjuan and Mr. Xu Guanghua. Ms. Xu Yixin has been appointed as the chairman of the Remuneration Committee. The Sustainable Development Committee consists of three members, namely Mr. Wang Xiaoshen, Ms. Wong Sze Wing and Mr. Yu Jianguo. Mr. Wang Xiaoshen has been appointed as the chairman of the Sustainable Development Committee.