Shanghai HeartCare Medical Technology Corporation Limited at its EGM held on November 8, 2023, approved the election and appointment of Mr. CHEN Gang as the Non-executive Director of the Company for a term of three years commencing from the date of approval at the EGM, and he shall not be entitled to receive any remuneration for his position as a Non-executive Director. The Company held the second meeting of the employee representative on November 8, 2023 and elected Mr. Xue Zongyu ("Mr. Xue") as an employee representative supervisor of the second session of the Supervisory Committee. The appointment of Mr. Xue as the Employee Representative Supervisor shall take effect from November 8, 2023 and his term of office will be in line with that of the second session of the Supervisory Committee and he shall not receive any remuneration as the Employee Representative Supervisor during the term of his office.

On the same day, Mr. Xing Tingyu ceased to perform his duties as an Employee Representative Supervisor, and has confirmed that he has no disagreement with the Board, the Supervisory Committee or the Company, there are no matters in relation to his ceasing to act as a supervisor of the Supervisory Committee that need to be brought to the attention of the Shareholders or the Stock Exchange and there is no existing or pending litigation or claim by them against the Group. Mr. Xue, aged 38, serves as the vice president of quality regulation of the Company since November 2017 and is primarily responsible for supervising and handling the quality management on research, development and production of the Group's medical devices, and the registration of such medical devices. Mr. Xue was a quality engineer at Shanghai Medical Instruments (Group) Co.

Ltd. Surgical Instruments Factory from April 2009 to May 2010 and also as a quality engineer at Shanghai MicroPort Orthopedic Medical Technology Co. Ltd. from May 2010 to March 2012. He subsequently served as a quality manager at Shanghai AngioCare Technology Company Limited (j) from April 2012 to October 2017.

Mr. Xue received his bachelor's degree in material science and engineering from Taiyuan University of Science and Technology (a) in July 2006 and his master's degree in material processing engineering from Shanghai University (j) in March 2009.