Yunnan Water Investment Co., Limited announced that Ms. Li Bo tendered her resignation as an executive Director, Chairperson and a member and chairman of the nomination committee due to another appointment from the superior unit which requiring her to put more time and energy on other commitments, with effect from the date of this announcement. According to Article 118 of the Articles of Association, where the chairman is unable to perform his/her duties, a majority of the Directors may jointly elect a Director to perform his/her duties. The Board resolved that after the resignation of Ms. Li, Mr. Yu Long ("Mr. Yu"), an executive Director and Vice-chairman, was elected as the Acting Chairman and acting chairman of the nomination committee, with effect from 30 September 2021. Mr. Yu's role as Acting Chairman and acting chairman of the nomination committee will remain until the election of new Chairman and new chairman of the nomination committee. The Board announced that on 30 September 2021, the Company was informed that Ms. Ling Hui tendered (i) her resignation as an executive Director, with effect from the conclusion of the EGM; and (ii) her resignation as the chief financial controller of the company, with effect from 30 September 2021, due to her other commitments which call for more of her time and dedication. The Board announced that Mr. Zhou has been appointed as the chief financial controller of the company, with effect from 30 September 2021.