Haidilao International Holding Ltd. announced that Ms. Yang Lijuan, the deputy chief executive officer and chief operating officer of the Company, was redesigned as the chief executive officer of the Company. Mr. Zhang Yong, the chairman of the Board and former chief executive officer of the Company, will remain as the chairman of the Board and an executive Director. Ms. Yang Lijuan, aged 43, is an executive Director of the Company and previously served as the deputy chief executive officer and chief operating officer of the Company.

Ms. Yang Lijuan served as a manager of Sichuan Haidilao Catering Co. Ltd. from June 1997 to March 2001. She has been serving as a director of Sichuan Haidilao since April 2001 and was re-designated as a non-executive director of Sichuan Haidilao in January 2018.