The board (the "Board") of directors (the "Directors") of Shanghai Dazhong Public Utilities (Group) Co. Ltd. (the "Company") announce that at the first meeting of the twelfth session of the Board held on 28 June 2023 (the "Board Meeting"), the Board has considered and approved the appointment of Mr. Yang Guoping as the chairman of the twelfth session of the Board and his term shall be the same as the term of the twelfth session of the Board. The Board announce that at the first meeting of the twelfth session of the supervisory committee of the Company ("Supervisory Committee") held on 28 June 2023, the Supervisory Committee has considered and approved the appointment of Ms. Zhao Siyuan as the chairman of the twelfth session of the Supervisory Committee and her term shall be the same as the twelfth session of the Supervisory Committee.

The Board announce that at the Board Meeting, the Board has considered and approved the appointment of Mr. Liang Jiawei as the president of the Company, Mr. Jiang Yun as the vice president and the chief financial officer of the Company, Ms. Zhao Fei as the Board secretary and Mr. Cao Jing as the securities affairs representative of the Company. The term of the aforesaid individuals shall be the same as the twelfth session of the Board. The composition of the twelfth session of the Board committees twelfth session is set out as follows: the audit committee of the Board comprises Mr. Jiang Guofang, Ms. Li Yingqi and Mr. Liu Feng, and is chaired by Ms. Li Yingqi; the nomination committee of the Board comprises Mr. Liu Feng, Mr. Yang Guoping and Mr. Jiang Guofang, and is chaired by Mr. Liu Feng, the remuneration and appraisal committee of the Board comprises Mr. Jiang Guofang, Mr. Yang Guoping and Mr. Liu Feng, and is chaired by Mr. Jiang Guofang; and the strategic development committee of the Board comprises Mr. Yang Guoping, Mr. Liang Jiawei and Mr. Yang Ping, and is chaired by Mr. Yang Guoping.