The board of directors of Sino-Ocean Group Holding Limited announced the changes in Directors and composition of Board committee with effect from 19 March 2021: Mr. ZHAO Peng ("Mr. Zhao") has resigned as a non-executive Director and a member of the audit committee of the Company in order to devote more time to his other commitments; and Ms. HUANG Xiumei ("Ms. Huang") has been appointed as a non-executive Director and a member of the audit committee of the company. Ms. Huang Xiumei has been the vice president and the person in charge of finance of China Life Insurance Company Limited since May 2020.