Xinjiang La Chapelle Fashion Co., Ltd. announced that at its Extraordinary General Meeting held on 30 December 2022, Ms. Wang Yan ("Ms. Wang") was elected as the non-executive Director of the fourth session of the Board. Ms. Wang, aged 31, obtained a master's degree in economic law from East China University of Political Science and Law in June 2017 and she holds a Chinese legal professional qualification certificate. Ms. Wang served as a project manager of business department at Shanghai Wensheng Asset Management Co., Ltd. ("Shanghai Wensheng") from July 2017 to December 2017, a practicing lawyer at Shanghai Haworth & Lexon Law Firm from January 2018 to September 2020, and has been an investor manager of the president's office at Shanghai Wensheng since October 2020.

The Board announce that, following the above-mentioned changes to the members of the Board, the members of the Board committees will be as follows: Mr. Zhao Jinwen is member of Remuneration and Appraisal Committee and Budget Committee and Chairman of Strategy and Development Committee. Ms. Zhang Ying is member of Nomination Committee and Strategy and Development Committee and member of Budget Committee, Ms. Wang Yan is member of Budget Committee and Strategy and Development Committee, Mr. Yang Heng is member of Audit Committee and Strategy and Development Committee, Mr. Xing Jiangze is Chairman of Audit Committee and Remuneration and Appraisal Committee and member of Nomination Committee and Budget Committee, Ms. Chow Yue Hwa Jade is member of Audit Committee, Budget Committee, Strategy and Development Committee, Mr. Zhu Xiaozhe is Chairman of Nomination Committee, member of Remuneration and Appraisal Committee and Strategy and Development Committee.