The board of directors of China Energy Development Holdings Limited announced that the Board resolved to appoint Mr. Zhang Zhenming as an independent non-executive Director and a member of the audit committee, the nomination committee and the remuneration committee of the Company with effect from 4 July 2022. Mr. Zhang, aged 76, is experienced in the energy industry in China and has served as the Deputy Director of Economics and Technology Research Institute of China National Petroleum Corporation, and the Chairman of the Energy Commission of the China Information Industry Association of the National Development and Reform Commission. Mr. Zhang was an executive Director of the Company between 9 June 2010 and 27 November 2014. Save as disclosed above, Mr. Zhang does not hold any other positions with the Group. Mr. Zhang has not held any directorship in any other listed public company in the past three years. Mr. Zhang is not related to any directors, senior management or substantial or controlling shareholders of the Company. As of the date of this announcement, Mr. Zhang does not have any interest in the shares or underlying shares of
the Company within the meaning of Part XV of the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong.