Tri-Tech Holding, Inc. announced that at its AGM held on December 29, 2015, Mr. Haijun Yang resigned as a member of the board of directors. The board accepted Mr. Yang's resignation and decided not to fill the vacancy. Mr. Yang's resignation was not the result of any disagreement with the company.

Effective the same day, the Nominating Committee of the company recommended, and the Board of the company approved, the Audit Committee, Compensation Committee and Nominating Committee will be consist of Messrs. Peiyao Zhang, Ming Zhu and Chunyu Gao. Dr. Peiyao Zhang will act as the Chair for both the Audit Committee and the Nominating Committee.

Mr. Ming Zhu will act as the Chair for the Compensation Committee. Effective the same day, Mr. Warren Zhao resigned as a Chief Executive Officer of the company. The Board accepted Mr. Zhao's resignation.

Mr. Zhao will remain as the Chairman of the Board. Mr. Zhao's resignation was not the result of any disagreement with the company. Effective the same day, Mr. Peter Dong resigned as a Chief Financial Officer and Chief Operating Officer of the company.

The Board accepted Mr. Dong's resignation. Mr. Dong's resignation was not the result of any disagreement with the company. Effective the same day, the Chairman of the Board nominated, and the Board of the company approved, the appointment of Mr. Peter Dong as the Chief Executive Officer of the company for a term of 2 years.

Effective the same day, the Chairman of the Board nominated, and the Board of the company approved, the appointment of Mr. William Wang as the Chief Financial Officer of the company for a term of 2 years. Mr. William Wang, 51, has served as the Vice President of the company since 2014.