RemeGen Co., Ltd. announced that a meeting of the Board was held on April 12, 2022, Ms. Yu Shanshan resigned the office as an independent non-executiv Director, a member of the audit committee and the chairperson of the remuneration an appraisal committee of the Company due to personal work changes, and her resignation shall become effective until a new independent non-executive Director is elected to fil the vacancy. The Board announces that Mr. Chen Yunjin has been nominated as a candidate of the independent non-executive Director of the Company, which shall be subject to the consideration and approval at the extraordinary general meeting (the ``EGM'') of the Company to be held on May 5, 2022. If the proposed appointment has been approved, the term of office of Mr. Chen will be effective from the date of the EGM until the expiry of the term of the first session of the Board.

At the expiry of such term of office, the term is renewable upon re-election. The Board further announces that Mr. Chen has also been nominated as a member of the audit committee and the chairperson of the remuneration and appraisal committee, subject to the approval of his appointment as an independent non-executive Director at the EGM until the expiry of the term of the first session of the Board.