Yunnan Water Investment Co., Limited's EGM has approved the appointment of Mr. Dai Richeng to be a non-executive Director; Mr. Zhou Beihai to be an independent non-executive Director; and Mr. Zhong Wei to be an independent non- executive Director. The Directors of the third session of the Board of the Company have unanimously elected Mr. Li Jialong as the Chairman and Mr. Yu Long as the Vice Chairman with effect from October 12, 2020, in accordance with the Articles of Association. Upon conclusion of the EGM, Mr. Zhong Wei has been appointed as a member of the Audit Committee and the Nomination Committee and a member and the chairman of the Remuneration Committee and the Compliance Committee, and Mr. Zhou Beihai has been appointed as a member of the Audit Committee, the Remuneration Committee, the Nomination Committee and the Compliance Committee. Due to the abovementioned changes in the composition of the Board, the composition of each of the Audit Committee, the Remuneration Committee, the Nomination Committee and the Compliance Committee of the Company is as follows: Audit Committee: Mr. Liu Shuen Kong (Chairman); Mr. Zhong Wei; and Mr. Zhou Beihai. Remuneration Committee: Mr. Zhong Wei (Chairman); Mr. Yu Long; and Mr. Zhou Beihai. Nomination Committee: Mr. Li Jialong (Chairman); Mr. Zhou Beihai; and Mr. Zhong Wei. Compliance Committee: Mr. Zhong Wei (Chairman); Mr. Yu Long; Mr. Yang Fang; Mr. Liu Shuen Kong; Mr. Zhou Beihai; and Mr. Huang Yi (Supervisor).