Anhui Conch Cement Company Limited announced due to the pursuit of his own work commitments and other business engagements, Mr. Zhou Xiaochuan (Mr. Zhou) tendered a written resignation report to the board (Board) of Directors on 19 June 2024, applying for resignation from his positions as an executive Director, a Joint Company Secretary, an authorized representative (Authorized Representative) of the company under Rule 3.05 of the Listing Rules, and a member of the Environmental, Social and Governance Management Committee (ESG Committee) of the Board. According to the relevant requirements of the Company Law (Company Law) of the PRC, Mr. Zhou's resignation became effective from the date of delivery of his resignation report to the Board, that is 19 June 2024. Upon his resignation, Mr. Zhou will no longer hold any positions and take up any role in the Group.

In light of Mr. Zhou's resignation as a Joint Company Secretary, an Authorized Representative and a member of the ESG Committee, upon the recommendation of the Remuneration and Nomination Committee, the Board has agreed to appoint Mr. Yu Shui (Mr. Yu) to serve as a Joint Company Secretary, an Authorized Representative and a member of the ESG Committee, all with effect from 19 June 2024. Mr. Yu Shui, born in October 1976, is currently a deputy general manager of the Company, a Joint Company Secretary and a member of the ESG Committee. Mr. Yu obtained a bachelor's degree in economics from Anhui University, the PRC, in July 1997.

He also obtained the qualification as an assistant economist. Mr. Yu joined the Group in July 1997. Mr. Yu had held various positions including: a Joint Company Secretary during August 2018 to September 2021 and the following positions with the Company: deputy director of the control room of the sales department; assistant to department head, deputy department head and executive deputy department head and department head of the sales department; assistant to general manager and secretary to the board of directors of the Company.

Mr. Yu also held the following positions with various subsidiaries of the Company: executive deputy general manager of each of Bengbu Conch Cement Co. Ltd., Huainan Conch Cement Co. Ltd. and Anhui Changfeng Conch Cement Co.

Ltd.; and general manager of PT Conch South Kalimantan Cement. Mr. Yu currently holds the following positions with various subsidiaries of the Company: chairman of each of Wuhu South Cement Co., Ltd, Anhui Haihui Supply Chain Technology Co. Ltd., Shanghai Conch Logistic Co.

Ltd. and Tianjin Haihui Supply Chain Technology Co. Ltd.; chairman and general manager of Wuxi Conch Cement Sales Co. Ltd., director and general manager of Anhui Haizhong Investment Co.

Ltd., and a director of Conch International Holdings (HK) Limited. Mr. Yu is also currently the chairman () of Wuhu Conch Trading Co. Ltd.