Suntar Eco-City Limited announced Nominating Committee, having considered the qualification and experience of Mr. Hu Yugan, recommended his appointment as the Lead Independent Director of the Company effect from 1 May 2024. The recommendation was approved by the Board of Directors. Role And Responsibilities: Non-Executive.

Working Experience: 10/2010-12/2015: Senior Investment Advisor, Business Department of Guoyuan Securities Wuhu Business Department (listed company) Financial /investment /securities I public companies. 01/2016-11/2016: Investment analysts, Chairman secretary office of Yxia Automobile Co. Ltd. (listed company) Financial /investment /securities I listed companies.

11/2016-12/2018: Deputy general manager, General manager of Shanghai Yuji Asset Management Co. Ltd. (Private equity fund) Finance /investment /securities I Private companies 01/2019-12/2023 Investment banking department, general manager of the investment banking department Finance /investment /securities I Private company CAIZHONG Financial Holding Asset Management Co. Ltd. /Advantage Capital Investment Bank Department.

Director Experience Details: Will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange. Professional Qualifications: Securities qualification of China. Fund qualification of China Securities analyst qualification of China M & A Trader of China Bachelor of Accounting.

Following his appointment, Mr. Hu Yu Gan will also be appointed as the Chairman of the Audit Committee, and a member of the Nominating Committee and the Remuneration Committee of the Company. Audit Committee: Mr. Hu Yu Gan (Chairman), Mr. Foong Daw Ching (Member), Mr. Pan Shimo (Member). Nominating Committee: Mr. Pan Shimo (Chairman), Mr. Foong Daw Ching (Member), Hu Yu Gan (Member).

Remuneration Committee: Mr. Pan Shimo (Chairman), Mr. Foong Daw Ching (Member), Hu Yu Gan (Member).