The board of directors of Tianjin Capital Environmental Protection Group Company Limited announced that, due to work reallocation, Ms. Jing Wanying has resigned from her position as the chief accountant of the Company with effect from 1 March 2023. Ms. Jing has confirmed that she has no disagreement with the Board and there are no other matters in relation to her resignation that need to be brought to the attention of the shareholders of the Company. The Board also announced that, after considering the factors from various aspects comprehensively, the Board has consented to appoint Ms. Nie Yanhong as the chief accountant of the Company with her term of office commencing on 1 March 2023 until the expiration of the ninth session of the Board, and appraisal of her performance and payment of her remuneration will follow the remuneration and appraisal standards for senior management officers of the Company.

The independent non-executive Directors of the Company have consented to appoint Ms. Nie as the chief accountant of the Company. Ms. Nie Yanhong, aged 48, she has a master degree in business administration of Nankai University and senior accountant. Ms. Nie served in Tianjin Construction and Investment Company Limited from July 1997 to January 2021, and successively served as the director of finance, deputy chief accountant and chief accountant of Tianjin City Construction and Investment; she served as the chief accountant of Tianjin Urban Property Development Co.

Ltd. from January 2021 to August 2022; she served as the deputy general manager (presiding over the work) of the audit department (audit center) of Tianjin Infrastructure Construction and Investment Group Company Limited from August 2022 to February 2023. Ms. Nie has extensive working experience in the fields of, among other, corporate finance, finance and investment management.