Taizhou Water Group Co., Ltd. in its fifth session of board held on May 21, 2024 announced retirement of Guo Dingwen and Ye Xiaofeng as Non-Executive Directors. they will retire from their office upon the expiry of the term of the fifth session of the Board due to the re-election. Mr. Guo Dingwen and Mr. Ye Xiaofeng have confirmed that they have no disagreement with the Board and there is no matter relating to their retirement that needs to be brought to the attention of the Shareholders or the Stock Exchange.