The Board of China Yuanbang Property Holdings Limited approved the appointment of Mr. Chong Eng Wee as an Independent Director of the Company as well as Chairman of the Nominating Committee and a member of the Audit Committee and the Remuneration Committee. Working Experience: Coronet Ventures (Singapore) Pte. Ltd. - Director (May 2023 - Present) Chevalier CS Pte.

Ltd. - Director (April 2022 - Present) Nixon Peabody CWL - Partner (July 2023 - Present) Nixon Peabody CWL - Consultant (December 2021 - June 2023) Chevalier Law LLC - Managing Director (August 2021- Present) Kennedys Legal Solutions Pte. Ltd. - Partner & Head of Corporate (October 2017 - July 2021) RHTLaw Taylor Wessing LLP - Partner & Deputy Head, Capital Markets & International China Practice (July 2015 - October 2017) Duane Morris & Selvam LLP - Associate Director & Representative of Shanghai Representative Office (April 2011 - June 2015). Other directorships past: Non-Executive and Lead Independent Director, GS Holdings Limited (January 2019 - June 2023); Consultant, Nixon Peabody CWL (December 2021 - June 2023); Non-Executive and Independent Director, KTL Global Limited (August 2019 - March 2022); Non-Executive and Independent Director, CW Group Holdings Limited (November 2018 - June 2019); Non-Executive and Independent Director, Innopac Holdings Limited (April 2018 - December 2018).

Other directorships present: Managing Director, Chevalier Law LLC (August 2021 - present); Partner, Nixon Peabody CWL (July 2023 - present); Non-Executive and Independent Director, OEL (Holdings) Limited (June 2020 - present); Non-Executive and Lead Independent Director, Heatec Jietong Holdings Limited (April 2018 - present); Lead Independent Director, Willas-Array Electronics (Holdings) Limited. Director Experience Details: Non-Executive and Independent Director, OEL (Holdings) Limited (June 2020 - present); Non-Executive and Lead Independent Director, Heatec Jietong Holdings Limited (April 2018 - present); Non-Executive and Lead Independent Director, Willas-Array Electronics (Holdings) Limited. Professional Qualifications: Admitted as Advocate & Solicitor of Supreme Court of Singapore Admitted as Solicitor of the High Court of Hong Kong Admitted as Barrister & Solicitor of High Court of New Zealand Admitted as lawyer of the Supreme Court of New South Wales, Australia Postgraduate Practical Course in Law, Board of Legal Education, Singapore Graduate Diploma in Singapore Law, National University of Singapore Certificate for Professional Legal Studies course (New Zealand), Institution of Professional Legal Studies Bachelor of Laws, Victoria University of Wellington.

Appointment date is September 11, 2023.