Greentown Management Holdings Company Limited announced the appointment of Ms. Zhang Panpan as the joint company secretary of the Company and the waivers granted to the Company from strict compliance with Rules 3.28 and 8.17 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") for a period of three years from 18 December 2020 to 17 December 2023. The Company hereby announces that the Company has recently obtained a confirmation from the Stock Exchange that Ms. Zhang has met the qualifications to act as company secretary of the Company as required under Rules 3.28 and 8.17 of the Listing Rules such that a further waiver will not be necessary. Accordingly, Ms. Zhang will act as the company secretary of the Company.

Ms. Yung Mei Yee ("Ms. Yung") has resigned as the Joint Company Secretary with effect from 4 January 2024.