The board of the directors of Enviro Energy International Holdings Limited announced that Mr. Cao Zhongshu has been appointed as the executive Director and a member of the nomination committee of the Company with effect from 30 June 2023. Mr. Cao, aged 31, obtained a master degree in Diplôme ESC from ESCP Business School in France and a bachelor degree in science from Peking University. He also has the practicing license in securities issued by the Securities Association of China and the Securities Practice Qualification Certificate granted by Asset Management Association of China.

Mr. Cao has many years of experience in investment, financing and corporate management. He has served in Ether Capital, a financial consulting company, and HC Capital, a private equity firm. Mr. Cao is currently a legal representative of Hangzhou Jun Heng Building Materials Limited (``Jun Heng Building Materials''), an indirect non wholly-owned subsidiary of the Company, responsible for its daily operations, and an investment director of Zhejiang Zhongnan Construction Group Company Limited, which has an indirect interest in Jun Heng Building Materials.

The Board hereby announced that Mr. Tan Xiangyi has resigned as the independent non- executive Director, chairman of the Nomination Committee, a member of the audit committee of the Company and a member of the Remuneration Committee with effect from 30 June 2023, due to his other business engagements which require more of his dedications. Mr. Tan has confirmed to the Board that he has no disagreement with the Board, and there is no matter which has to be brought to the attention of the shareholders of the Company and the Stock Exchange in relation to his resignation. The Board also announced that Mr. Pan Yongye has been appointed as the independent non-executive Director, chairman of the Nomination Committee, a member of the Audit Committee and a member of the Remuneration Committee.

Mr. Pan, aged 28, obtained a British Honours Bachelor Degree. He passed the Securities Practitioner Qualification Examinations of the Securities Association of China and completed the AFP financial planner training. Mr. Pan has many years of experience in investment, financing and undertaking in the Hong Kong capital market.

He is good at business management, corporate financing and capital cooperation and so on. He has worked for the credit department of Industrial and Commercial Bank of China, MILA SPC- Stawell Gold Mine Fund SP as an assistant of the fund manager, and the product department of Genuine Oriental Wealth Management Limited as a senior manager. Mr. Pan is currently the managing director of Foshin Pan-Asia Capital Limited, responsible for undertaking investment and merger and acquisition projects.

Following the abovementioned change of the Directors, with effect from 30 June 2023: Mr. Tan has ceased to be a member of the Audit Committee, while Mr. Pan has been appointed as a member of the Audit Committee. The Audit Committee is comprised of Mr. Liu Qin, Mr. Pan and Mr. Zhong Jian. Mr. Liu Qin serves as the chairman of the Audit Committee.

Mr. Tan has ceased to be the chairman of the Nomination Committee and Mr. Pan Lihui has ceased to be a member of the Nomination Committee, while Mr. Pan has been appointed as the chairman of the Nomination Committee and Mr. Cao has been appointed as a member of the Nomination Committee. The Nomination Committee is comprised of Mr. Pan, Mr. Zhong Jian and Mr. Cao. Mr. Pan serves as the chairman of the Nomination Committee.

Mr. Tan has ceased to be a member of the Remuneration Committee, while Mr. Pan has been appointed as a member of the Remuneration Committee. The Remuneration Committee is comprised of Mr. Zhong Jian, Mr. Pan and Mr. Pan Lihui. Mr. Zhong Jian serves as the chairman of the Remuneration Committee.