Beijing Energy International Holding Co., Ltd. announces that Mr. Zhao Bing has resigned as a non-executive director of the Company with effect from 5 June 2023 due to his desire to devote more time to his other commitments. As Mr. Zhao has resigned as the Non-executive Director with effect from 5 June 2023, he will no longer be retiring from office by rotation at the annual general meeting of the Company to be held on 27 June 2023. The Board further announces that Mr. Liu Guoxi has been appointed as a Non-executive Director to fill the vacancy after Mr. Zhao 's resignation with effect from 5 June 2023.

Mr. Liu Guoxi, aged 56, currently serves as the secretary of the Party committee of the Company. Mr. Liu worked in the general office of Beijing Municipal Government from 2004 to 2016 and served as, among others, the deputy director of the conference division, the deputy director and the director of the information division as well as the director of the fifth division of the secretariat of the general office of Beijing Municipal Government successively. In 2016, Mr. Liu joined Beijing Energy Holding Co., Ltd., a controlling shareholder of the Company, and served as deputy secretary of the Party committee of institution, the deputy director of the group office and the director of the general office of the Party committee of BEH successively and joined the Company in 2021.

Mr. Liu graduated from Xi' an Institute of Politics with a major in legal profession and obtained a master 's degree in civil and commercial law from China University of Political Science and Law. He has extensive legal knowledge and experience in government work and corporate management. The Board also announces that, following the resignation of Mr. Zhao, he has ceased to be a member of the audit committee of the Board.

Mr. Liu has been appointed as a member of the Audit Committee with effect from 5 June 2023. In accordance with bye-law 84 of the bye-laws of the Company, at each annual general meeting, one-third of the Directors for the time being (or, if their number is not multiple of three (3), the number nearest to but not less than one-third) shall retire from office by rotation provided that every Director shall be subject to retirement by rotation at least once every three years. Due to the resignation of Mr. Zhao, he is no longer required to retire from office by rotation.

Accordingly, Mr. Li Hao, Ms. Li Hongwei and Mr. Zhu Jianbiao will retire from office by rotation and, being eligible for re-election at the AGM. As a result, an additional ordinary resolution for the re-election of Mr. Zhu Jianbiao as an independent non-executive Director will be proposed at the AGM for Shareholders ' approval.