Shanghai Electric Group Co., Ltd. announced that reference to the announcement dated 16 January 2024 in relation to the resignation of Ms. YAO Minfang as a non-executive director and a member of the audit committee of the Company. Reference is also made to the poll voting results announcement of the Company dated 23 February 2024 in relation to the approval of the election of Mr. SHAO Jun as a non-executive director of the Company, with effect from the same date. The board of directors of the Company (the "Board") announces that the Board resolved to elect Mr. SHAO Jun as a member of the audit committee of the Board for a term commencing from the date of Board resolution until the end of the term of the fifth session of the Board.