The board (the "Board") of directors (the "Directors") of Qilu Expressway Company Limited announced that due to work reallocation, Mr. Li Gang has resigned from his positions as the chairman of the Board, an executive Director, the chairman of the nomination committee, the chairman of the strategy committee, the legal representative and an authorised representative for the purpose of Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (an "Authorised Representative") of the Company with effect from 22 June 2021. The Board announced that the Board proposes to appoint Mr. Wang Zhenjiang as an executive Director, as nominated by the nomination committee of the Board and approved by the Board. The proposed appointment shall be subject to approval at the extraordinary general meeting to be held on 9 August 2021 (the "EGM"). If the proposed appointment is approved by the Shareholders by way of ordinary resolution, his appointment shall take effect from the date of the EGM until the expiration of the term of the current session of the Board. The Board announced that Mr. Cheng Xuezhan has been appointed as the chairman of the nomination committee of the Board with effect from 22 June 2021. The nomination committee currently comprises three independent non-executive Directors, namely Mr. Cheng Xuezhan(chairman), Mr. Li Hua and Mr. Wang Lingfang. The Board announces that Mr. Peng Hui, an executive Director, has been appointed as an Authorised Representative of the Company with effect from 22 June 2021.