Huayu Expressway Group Limited (the Company, together with its subsidiaries, the Group) announced the following changes in the member of the Board with effect from 3 April 2023. Mr. Sun Xiao Nian (Mr. Sun) has tendered his resignation as an independent non-executive Director, a member of the audit committee and the chairman of the nomination committee of the Company in order to devote more time to his family and other personal engagements. Mr. Sun has confirmed that he has no disagreement with the Board and there are no other matters with respect to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the Stock Exchange) or the shareholders of the Company.

Mr. Lam Hon Kuen (Mr. Lam) has been appointed as an independent non-executive Director, a member of the audit committee and the chairman of the nomination committee of the Company. Mr. Lam, aged 56, graduated from the University of Hong Kong with a bachelor's degree in social sciences with Honors in July 1989. Mr. Lam is an associate member of The Hong Kong Institute of Certified Public Accountants, an associate of The Hong Kong Chartered Governance Institute (formerly known as The Hong Kong Institute of Chartered Secretaries) and a fellow member of the Association of Chartered Certified Accountants.

He has over 33 years of professional experience in auditing, accounting and financial management for both private and listed corporations.