The Board of Alibaba Health Information Technology Limited announced that, with effect from December 15, 2025, Mr. Shen, an existing executive Director and the chief executive officer of the Company, has been appointed as the Chairman and the chairman of the Nomination Committee. The Nomination Committee is now composed of one executive Director, namely Mr. Shen as the chairman and two independent non-executive Directors, namely Dr. Shao Rong and Ms. Wu May Yihong. Code provision C.2.1 of the Corporate Governance Code as set out in Appendix C1 to the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") stipulates that the roles of chairman and chief executive should be separate and should not be performed by the same individual.

Accordingly, the appointment of Mr. Shen, an executive Director and the chief executive officer of the Company, as the Chairman deviates from the relevant code provision. Shen Difan, aged 47, was appointed as an executive Director and chief executive officer of the Company on October 13, 2021 and November 28, 2023, respectively. He currently also serves as a director of certain subsidiaries of the Company.

From October 2020 to November 28, 2023, he served as the chief operating officer of the Company. He has been a special assistant to the chairman of the board of directors of Alibaba Group Holding Limited ("Alibaba Holding", together with its subsidiaries, "Alibaba Group") from March 2020 to October 2021. Mr. Shen was an executive Director and chief executive officer of the Company from March 2018 to March 2020.

Prior to the previous term with the Company, he was the general manager of Alibaba Group's AliExpress business from March 2012 to March 2018, leading the rapid expansion of AliExpress and growing Alibaba Group's overseas brand influence. Mr. Shen had held various positions in Alibaba Group since he joined in 2004. Mr. Shen holds a Bachelor Degree in Computing from Yantai University in the PRC.

The Board further announced that Mr. Zhu has tendered his resignation as a non-executive Director, the Chairman and the chairman of the Nomination Committee with effect December 15, 2025 due to the arrangement of his personal affairs.