The board of directors of Shanghai Electric Group Company Limited announced that: On 23 February 2022, the Board considered and approved a relevant resolution, pursuant to which, the appointment of Mr. Zhang Mingjie (Mr. Zhang) as the chief operating officer of the company was approved, with the term of office starting from the date of approval by the Board and ending on the date when the term of the current senior management expires. Due to the adjustment of duties and in accordance with the Company Law and the articles of association of the Company, Mr. Zhang will no longer serve as the chief investment officer. Mr. Zhang, male, aged 58, is currently the chief operating officer and the director of economic operation department of the Company, the chairman of the board of directors of Shanghai Mechanical & Electrical Industry Co.

Ltd., the chairman of the board of directors (legal representative) and the secretary of CPC Party Committee of Tianjin Steel Pipe Manufacturing Co. Ltd., the chairman of the board of directors (legal representative) of Shanghai Electric Group Steel Pipe Co. Ltd. He successively served as the deputy director, executive deputy director and acting director of Shanghai Voltage Regulator Factory, deputy chief engineer, the assistant to the general manager and deputy general manager of Shanghai Electric Co.

Ltd., the deputy general manager of Shanghai Electric Industry Co. Ltd., the director and deputy secretary of CPC Party Committee of Shanghai Huatong Switch Factory, the secretary of CPC Party Committee and deputy general manager of Shanghai Power Transmission and Distribution Co. Ltd., the director of wind power department of Shanghai Electric (Group) Corporation (currently known as "Shanghai Electric Holding Group Co.

Ltd.