On December 11, 2013, the Board of Directors of Tri-Tech Holding, Inc., with immediate effect, suspended the authority of Guang (Gavin) Cheng to act on behalf of the company in his capacity as a member of the its Board and authorized the company's appropriate officers to remove Mr. Cheng from any and all positions in the it's subsidiaries and affiliates. Mr. Cheng served as the company's Chief Executive Officer from January 2013 until his termination on September 17, 2013 by unanimous consent (including Mr. Cheng's own consent) of the Board.