The board of directors of Yuexiu Transport Infrastructure Limited announced the following changes in the composition of the Board with effect after the close of business on April 1, 2016: Mr. Liang Youpan has resigned as an executive director and a Deputy Chairman of the Company due to his retirement; and Mr. Liu Yongjie has been appointed as an executive director and a Deputy Chairman of the Company. Just prior to his appointment as an executive director and a Deputy Chairman of the Company, Mr. Liu was also an executive director, chairman and responsible officer of Yuexiu REIT Asset Management Limited, being the manager of Yuexiu Real Estate Investment Trust which is a collective investment scheme listed on the Stock Exchange. Mr. Liu was also a director and deputy general manager of Guangzhou City Construction & Development Co.

Ltd., where he was responsible for strategic planning in property development, property management, promotional campaigns, asset acquisition and asset enhancement.