Antelope Enterprise Holdings Limited announced that effective December 1, 2022, its Board of Directors has appointed Mr. Ishak Han as a member of the Company's Board of Directors. Mr. Han has been appointed as an independent director and as a member of the Board's Audit, Nominating and Compensation committees. Mr. Han meets the Nasdaq Stock Market independence requirements as well as additional independence requirements under the US securities laws for membership on these committees. Mr. Ishak Han is the General Manager of Shenzhen Baisifu Industrial Co. Ltd., which engages in property management and leasing, management services for catering businesses, and enterprise management consulting. Having founded the firm in 2017, Mr. Han developed Shenzhen Baisifu Industrial Co. Ltd.'s marketing strategy, management policies, financial
budgeting, and corporate planning activities. From 2011 to 2016, Mr. Han was the General Manager of Shenzhen Baisi Technology Co. Ltd. which engages in the development of self-service website application systems, the training and development of online ventures, online marketing training, and e-commerce product consignments. As the founder of Shenzhen Baisi Technology Co. Ltd., Mr. Han oversaw its financial budgeting and corporate planning functions, and was responsible for its overall marketing strategy. Mr. Han graduated with a higher degree diploma in marketing from Guangdong Open University in 2021. Also, effective December 1, 2022, Roy Tan Choon Kang, a member of the Board, tendered his resignation as a director. Mr. Tan's resignation was for personal reasons and not due to any disagreements with the Company or its management. With Mr. Tan's resignation, current Board Director Mr. Dian Zhang becomes the chairperson of the Company's Audit Committee.