China Bright Culture Group announced that with effect from 28 March 2023, Mr. NIE Lei has been appointed as an executive Director and a member of the Remuneration Committee; Mr. WANG Daotie has been appointed as a non-executive Director and a member of the Audit Committee; Dr. LU Di has been appointed as an independent non-executive Director, a member of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee; and Mr. YU Xuezhong, an independent non-executive Director, has been appointed as the chairman of the Remuneration Committee and a member of the Nomination Committee. Mr. NIE Lei (Mr. Nie), aged 41, has been appointed as an executive Director and a member of the Remuneration Committee with effect from 28 March 2023. Mr. Nie was appointed as the vice president of the Company in March 2023.

Mr. Nie is a senior engineer and holds a bachelor degree in civil engineering from East China Jiaotong University in the People's Republic of China (the PRC). He has over 17 years of experience in civil engineering. Pursuant to the service contract entered into between the Company and Mr. Nie, Mr. Nie is appointed for a fixed term of three years commencing on 28 March 2023 and his appointment is subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the provisions of the articles of association of the Company (the Articles) and the Listing Rules.

Mr. Nie will not receive any director's fee for his appointment as a Director. Mr. WANG Daotie (Mr. Wang), aged 34, has been appointed as a non-executive Director and a member of the Audit Committee with effect from 28 March 2023. Mr. Wang graduated from the Central Academy of Drama in the PRC with major in performing art.

Mr. Wang has over 8 years of experience as the producer and director of various media companies in the PRC. Pursuant to the appointment letter entered into between the Company and Mr. Wang, Mr. Wang is appointed for a fixed term of three years commencing on 28 March 2023 and his appointment is subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the provisions of the Articles and the Listing Rules. Mr. Wang is entitled to an annual director's fee of HKD 120,000, which is determined with reference to his roles and responsibilities and the prevailing market practice.

Dr. LU Di (Dr. Lu), aged 59, has been appointed as an independent non-executive Director, a member of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee with effect from 28 March 2023. Dr. Lu holds a doctoral degree in journalism from the School of Journalism and Communication of Renmin University of China in the PRC. He is the deputy director of the Cultural Heritage Communication Professional Committee of the China Cultural Relics Society since December 2022, the vice president of the Chinese Popular Culture Association since July 2022, the president of Beijing Writers' Association since May 2019 and the vice president of the Broadcasting and Television Research and Development Committee of the China Association of Social Organizations since May 2010.

Dr. Lu was a professor of the School of Journalism and Communication of Tsinghua University in the PRC from 2001 to 2008. Since 2008, he is a professor and doctoral supervisor at the School of Journalism and Communication of Peking University in the PRC and the director of the Centre for Visual and Media Studies of Peking University.