Jiangsu Expressway Company Limited On 26 June 2024, Mr. Zhou Shudong and Mr. Liu Xiaoxing, who have served as independent non-executive directors of the Company for six years, Mr. Yu Mingyuan who intends to devote more time to his other commitments, along with Mr. Xu Haibei and Ms. Li Xiaoyan, who because of work changes, have retired from office upon the completion of the Tenth Session of the Board. Also due to work changes, Mr. Wan Liye has retired from office after the completion of the term of the tenth session of the Supervisory Committee. Each of the retiring Directors and Supervisor has confirmed that he/she has no disagreement with the Board and the Supervisory Committee of the Company, respectively and there are no matters that need to be brought to the attention of the shareholders of the Company.

On 26 June 2024, resolutions were passed at the 2023 Annual General Meeting of the Company to appoint Mr. Wang Feng and Mr. Zhang Xinyu as executive directors of the Company, Mr. Chen Yunjiang, Mr. Wang Yingjian, Mr. Zhou Hong, Mr. Wu Xinhua, Ms. Zhou Wei and Mr. Ma Chung Lai, Lawrence as non-executive directors of the Company; Mr. Xu Guanghua, Mr. Ge Yang, Mr. Gu Zhaoyang, Mr. Tan Shijun and Mr. Sun Lijun as independent non-executive directors of the Company; and Mr. Yang Shiwei, Ms. Zhou Lili and Mr. Pan Ye as supervisors of the Company. Following the retirement of the aforesaid directors of the tenth session of the Board, at the first meeting of the eleventh session of the Board of the Company, it was approved that the composition of each committee of the eleventh session of the Board is as follows: · Mr. Chen Yunjiang, Mr. Wang Yingjian, Mr. Wang Feng, Mr. Zhang Xinyu, Mr. Ma Chung Lai, Lawrence and Mr. Tan Shijun are appointed as members of the Strategy Committee of the eleventh session of the Board of the Company, with Mr. Chen Yunjiang acting as the convener of the Strategy Committee; · Mr. Xu Guanghua, Ms. Zhou Wei, Mr. Gu Zhaoyang and Mr. Sun Lijun are appointed as members of the Audit Committee of the eleventh session of the Board of the Company, with Mr. Xu Guanghua acting as the convener of the Audit Committee; · Mr. Sun Lijun, Mr. Zhou Hong, Mr. Wu Xinhua, Mr. Xu Guanghua and Mr. Ge Yang are appointed as members of the Nomination Committee of the eleventh session of the Board of the Company, with Mr. Sun Lijun acting as the convener of the Nomination Committee; and · Mr. Ge Yang, Mr. Zhou Hong, Ms. Zhou Wei, Mr. Xu Guanghua and Mr. Tan Shijun are appointed as members of the Remuneration and Appraisal Committee of the eleventh session of the Board of the Company, with Mr. Ge Yang acting as the convener of the Remuneration and Appraisal Committee. The Board of the Company announces that Ms. Chen Jinjia ("Ms. Chen") and Ms. Cheung Bo Chun Janet ("Ms. Cheung") have been appointed as the joint company secretaries (the "Joint Company Secretaries", each a "Joint Company Secretary") of the Company with effect from 26 June 2024.

Ms. Chen has also been appointed as one the authorised representatives of the Company with effect from 26 June 2024. The biographical details of Ms. Chen are set out as below: Deputy General Manager, Secretary of the Board of Directors, Person-in-charge of Accounting Affairs, Member of the Party Committee, born in 1975, holder of a Master's degree, Bachelor's degree, is a member of the Communist Party of China, Certified Asset Appraiser, International Certified Internal Controller of the International Internal Control Association. Ms. Chen previously served as the deputy manager (person in charge) of the Operations and Management Department of Jiangsu Railway Development Co.

Ltd., the deputy manager of the Securities Department (in charge of the work), the manager of the Securities Department, the manager of the Board Secretary Office, and the manager of the Comprehensive Management Department of Jiangsu Yunshan Clean Energy Investment Holding Co. Ltd., Deputy General Manager, Party Branch Member, and Labor Union Chairman. Ms. Chen has been engaged in business management for a long time and has rich experience in business management.

The biographical details of Ms. Cheung are set out as below: Ms. Cheung, qualified as a solicitor in Hong Kong in 1995, has been a partner in the Reed Smith Richards Butler LLP (and its predecessors, Richards Butler and Reed Smith Richards Butler) since 2001 and has extensive experience in the area of corporate finance and compliance with the relevant Hong Kong listing regulatory requirements.