Tibet Water Resources Ltd. at the Annual General Meeting held on 30 June 2022 announced that in relation to the retirement of Mr. DAI Yang and Mr. TANG Zeping as independent non-executive directors of the Company respectively upon the conclusion of the AGM. Mr. TANG and Mr. DAI did not offer themselves for re-election at the AGM. Following their retirement as independent non-executive Directors, Mr. TANG ceased to be a member of each of the Audit Committee, Nomination Committee and Remuneration Committee and Mr. DAI ceased to be the chairman of the Remuneration Committee and a member of each of the Audit Committee, Nomination Committee and Risk Management Committee.