The board of directors of AVIC International Holdings Limited announced that Mr. Pan Lin Wu resigned as an executive Director with effect from the close of the extraordinary general meeting to be convened by the company and Ms. Zhou Chunhua has been nominated as a candidate for election at the extraordinary general meeting as an executive Director subject to the approval of the shareholders of the company. Mr. Pan has tendered his resignation as an executive Director with effect from the close of the extraordinary general meeting to be convened by the company due to the change of job assignments. The board announced that Ms. Zhou has been nominated as a candidate for election at the extraordinary general meeting as an executive Director subject to the approval by the shareholders.