Shanghai Electric Group Company Limited announced that Mr. ZHOU Guoxiong ceased to be the chairman of the supervisory committee of the Company and a supervisor of the Company with effect from 20 May 2021. Upon the consideration and approval of the Supervisory Committee at its meeting held on 20 May 2021, Mr. CAI Xiaoqing has been nominated as the candidate for a supervisor of the Company. The tenure of his appointment shall commence from the date of approval by the general meeting of the Company, and shall end when the term of the fifth session of the Supervisory Committee expires.