China Hanking Holdings Limited Mr. Kenneth Lee will retire by rotation from the Board as a non-executive Director and cease to be a member of each of the audit committee and the remuneration committee of the Company, with effect from the conclusion of the forthcoming AGM; Mr. Ma Qingshan will retire by rotation from the Board as an independent non-executive Director and cease to be a member of each of the nomination committee and the remuneration committee of the Company, with effect from the conclusion of the forthcoming AGM; Mr. Wang Ping, an existing independent non-executive Director, will be appointed as a member of the nomination committee of the Company following the retirement of Mr. Ma Qingshan with effect from the conclusion of the forthcoming AGM. The Board further announces that following the retirement of Mr. Lee and Mr. Ma, (i) Mr. Wang Ping, an existing independent non-executive Director, will be appointed as a member of the Nomination Committee with effect from the conclusion of the forthcoming AGM; (ii) Mr. Zhao YC will be appointed as a member of the Remuneration Committee upon his appointment as a non- executive Director becoming effective; and (iii) Mr. Zhao BW will be appointed as a member of each of the Audit Committee and the Remuneration Committee upon his appointment as an independent non-executive Director becoming effective.