The board of Directors of SPT Energy Group Inc. announced that Mr. Ma Xiaohu ("Mr. Ma") has been appointed as an independent non-executive Director with effect from 10 June 2022. Mr. Ma Xiaohu, aged 59, has over 35 years of experience in the legal industry, specialising in commercial disputes and arbitration, PRC equity transactions, venture capital, private equity investment, PRC domestic and overseas investment, real estate development and financing. He has been a senior partner of Beijing Huizhong Law Firm since July 2019.

Prior to that, he worked at Morrison & Foerster from July 1994 to June 2019 where his last position was a partner. Mr. Ma also worked as a professional lawyer at China Legal Affairs Center and China Legal Service (H.K.) Ltd., both under the Ministry of Justice of the PRC from September 1987 to June 1994. Mr. Ma obtained a bachelor's degree and a master's degree in laws from Peking University in 1984 and 1987, respectively.

The Board announces that due to change of job assignment, Ms. Ho Siu Pik ("Ms. Ho") has resigned as the Company 's company secretary. The Board announced that Ms. Lai Siu Kuen ("Ms. Lai") has been appointed in replacement of Ms. Ho as the Company Secretary, the Authorised Representative and the Process Agent with effect from 10 June 2022. Ms. Lai is a Director of Corporate Services of Tricor Services Limited, an Asia's leading business expansion specialist specializing in integrated Business, Corporate and Investor Services.

Ms. Lai has over 20 years of experience in the corporate secretarial field. She has been providing professional corporate services to Hong Kong listed companies as well as multinational, private and offshore companies. Ms. Lai is a Chartered Secretary and a Fellow of both The Hong Kong Chartered Governance Institute (formerly The Hong Kong Institute of Chartered Secretaries) and The Chartered Governance Institute (formerly The Institute of Chartered Secretaries and Administrators).