Vanke Overseas Investment Holding Company Limited announced that with effect from 1 August 2023, Ms. Que Dongwu will resign as an executive Director, and cease to be a member of the Remuneration Committee and act as an Authorised Representative; Ms. Zhou Yue will resign as an executive Director; Ms. Yip Hoi Man will be redesignated from the Chief Financial Officer to the Chief Executive Officer, and appointed as an executive Director and a member of the Remuneration Committee, and cease to act as the Company Secretary; Ms. Han Huihua will be appointed as the non-executive Director; and Ms. Ivy Lai will be appointed as the Company Secretary and act as an Authorised Representative. Ms. Yip joined Vanke Property (Hong Kong) Company Limited in January 2014 and has been responsible for the finance, taxation and internal control related matters. Since December 2017, Ms. Yip has successively held the positions of Financial Controller, Chief Financial Officer (the "Chief Financial Officer") and Company Secretary of the Company.

She is currently the Chief Partner of the Overseas Business Unit of China Vanke Co. Ltd. ("China Vanke", the controlling shareholder of the Company and a company whose H shares are listed on the Stock Exchange and A shares are listed on the Shenzhen Stock Exchange (stock code: 000002)), and also the managing director of VPHK. She is currently a director of various subsidiaries of the Company and various subsidiaries of China Vanke.

Ms. Han joined China Vanke in March 2008, and successively held positions of business manager, assistant general manager and vice general manager of finance and internal control department, and central partner of financial management functions in the management center of China Vanke. Ms. Han has been serving as the Executive Vice President and the head of finance of China Vanke since March 2020. Currently, she also serves as a shareholder representative supervisor of Onewo Inc. Ms. Han graduated from the University of Science and Technology of China with a Bachelor's Degree in Administration in 2003, and Jiangxi University of Finance and Economics with a Master's Degree in Administration (majoring in accounting) in 2008.

Ms. Han is a non-practising member of the Chinese Institute of Certified Public Accountants. As a result of the resignation of Ms. Que, Ms. Que will cease to act as a member of the Remuneration Committee and Ms. Yip will act as a member of the Remuneration Committee, both with effect from 1 August 2023. Ms. Yip will cease to act as the Company Secretary with effect from 1 August 2023.

As a result of the resignation of Ms. Que, Ms. Que will cease to act as an authorised representative of the Company for the purposes of Rule 3.05 of the Listing Rules ("Authorised Representative") with effect from 1 August 2023. The Board announces that Ms. Ivy Lai ("Ms. Lai") has been appointed as the Company Secretary and an Authorised Representative with effect from 1 August 2023. Ms. Lai holds a Bachelor's Degree in Laws from the University of Hong Kong and is qualified to practice as a solicitor in Hong Kong and England and Wales.