Tsingtao Brewery Company Limited announced Mr. Guo Xiu Zhang the chairman of the board of supervisor submitted a resignation report to the board of supervisors of the Company on 13 April 2022 due to adjustment of work arrangements, resigning from the chairman of the tenth session of the Board of Supervisors and a supervisor as shareholders' representative of the Company. The resignation of Mr. Guo took effect from 13 April 2022. On 13 April 2022, the Company held the second extraordinary general meeting of 2022 of the tenth session of the Board of Supervisors.

The resolution in relation to the election of the tentative convener of the tenth session of the Board of Supervisors of the Company, electing Ms. Li Yan, supervisor of the Company, as the tentative convener of the tenth session of the Board of Supervisors was considered and approved, who will be responsible for convening and presiding over the meeting of the Board of Supervisors and performing the duties of the chairman of the Board of Supervisors. Her term of office commences from the date of passing the resolution in the extraordinary general meeting until the date of election of a new chairman of the Board of Supervisors.