Jiangsu Expressway Company Limited received resignation letters from Mr. Chen Yongbing, a director, and Ms. Yu Lanying, a supervisor, respectively, on 11 May 2021. Mr. Chen Yongbing tendered his resignation from the positions as a non-executive director and a member of the strategic committee of the board of directors of the Company due to work reassignment. After his resignation, Mr. Chen Yongbing will cease to hold any position in the Company. Pursuant to the relevant provisions of the Company Law and the Articles of Association, the resignation of Mr. Chen Yongbing shall take effect upon reporting of the resignation to the board of directors of the Company. The resignation of Mr. Chen will not result in the number of the board of directors of the Company falling below the quorum, will not affect the normal operation of the board of directors and the Company, and will not have impact on the daily management, business operations and the ability of debt repayment of the Company. Mr. Chen Yongbing confirmed that he did not have any disagreement with the board of directors of the Company, and there are no other matters that need to be brought to the attention of the shareholders of the Company. Ms. Yu Lanying tendered her resignation from the positions as a supervisor and the chairman of the supervisory committee of the Company due to work reassignment. After her resignation, Ms. Yu Lanying will cease to hold any position in the Company. Pursuant to the relevant provisions of the Company Law and the Articles of Association, the resignation of Ms. Yu Lanying shall take effect upon reporting of the resignation to the supervisory committee of the Company. The resignation of Ms. Yu will not result in the number of supervisory committee of the Company falling below the quorum, will not affect the normal operation of the supervisory committee and the Company, and will not have impact on the daily management, business operations and the ability of debt repayment of the Company. Ms. Yu Lanying confirmed that she did not have any disagreement with the supervisory committee of the Company, and there are no other matters that need to be brought to the attention of the shareholders of the Company.