Sinofert Holdings Limited together with its subsidiaries announced that Mr. Ma Yue, an executive director, passed away on 29 August 2023. Mr. Ma joined the Group in July 2001, and was appointed as an executive director, the Chief Executive Officer and the Chairman of the Corporate Governance Committee of the Company in January 2023. During his tenure of service, Mr. Ma performed his duties responsibly, diligently and sincerely, de- voted tremendous time and effort to the development of the Group, and made valuable contribution to the success of the Group.

His passing away is a huge loss to the Group. All staff members of the Group and the Board would like to express their sincere appreciation to Mr. Ma for his valuable contribution, leadership and guidance to the Group in the past. The Board would also like to express its deepest sorrow for the passing away of Mr. Ma and convey its sincere condolences to his family.