The board of directors of Golden Solar New Energy Technology Holdings Limited announced that Ms. An Na has retired as an independent non-executive Director with effect from the conclusion of the annual general meeting of the Company held on 7 June 2024 due to having reached the retirement age. With immediate effect following Ms. An's retirement, she has also ceased to be the chairperson of the remuneration committee of the Company and a member of each of the audit committee of the Company and the nomination committee of the Company at the conclusion of the AGM. Following Ms. An's retirement mentioned above, and as considered and approved by the Shareholders at the AGM, the Board announced that with effect from the conclusion of the AGM Dr. Zhang Baoping has been appointed as an independent non- executive Director.

Dr. Zhang, aged 46, is an expert in material science, especially in the areas of graphene application and lithium batteries. Dr. Zhang obtained a doctor's degree in materials science from Harbin Institute of Technology in 2011. Dr. Zhang has more than ten years of extensive research and development experience in the field of graphene and lithium batteries and has successfully applied for and authorized several patents related to lithium batteries.

Dr. Zhang has served as the technical director of Fujian Kinslithium Advanced Material Co. Ltd. and has also engaged in scientific research at the Institute of Coal Chemistry, Chinese Academy of Sciences. Dr. Zhang has entered into a service contract with the Company for an initial term of three years commencing from 7 June 2024 at the conclusion of the AGM and shall continue thereafter until terminated by either party giving to the other not less than three months' prior notice in writing or payment in lieu of notice.

Dr. Zhang is subject to retirement by rotation and re-election at least once every three years at the annual general meetings of the Company since his last re-election pursuant to the articles of association of the Company. His emoluments were determined with reference to his duties, responsibilities and the results of the Group. The Board further announced that, following the changes of independent non-executive Directors as set out above and with effect from the conclusion of the AGM: Ms. An has ceased to be the chairperson of the Remuneration Committee, and a member of each of the Audit Committee and the Nomination Committee; and Dr. Zhang has been appointed as the chairperson of the Remuneration Committee, and a member of each of the Audit Committee and the Nomination Committee.