Taizhou Water Group Co., Ltd. at the Extraordinary General Meeting held on October 27, 2021, approved the appointment of Mr. Lin Yang ("Mr. Lin") as a non-executive Director and Mr. Huang Chun ("Mr. Huang") as an independent non-executive Director. Following the conclusion of the EGM, Mr. Sun Hua resigned as a non-executive Director and a member of the Strategy Committee due to change of personal job assignments and Mr. Zheng Jianzhuang resigned as an independent non-executive director and a member of each of the Remuneration Committee, Nomination Committee and Strategy Committee due to change of personal job assignments. The Board announced that (i) Mr. Lin has been appointed as a member of the Strategy Committee in place of Mr. Sun Hua with effect from 27 October 2021; and (ii) Mr. Huang has been appointed as a member of the Remuneration Committee, Nomination Committee and Strategy Committee in place of Mr. Zheng Jianzhuang with effect from 27 October 2021.