The board of directors of CCIAM Future Energy Limited announced with sympathy that Mr. Huang Lizhi, an independent non-executive director of the Company passed away peacefully in the People's Republic of China on 18 December 2022. Mr. Huang served the Company for 8 years. He was first appointed as a non-executive director of the Company on 7 August 2014 and then re-designated as an independent non-executive director on 1 September 2017.

Mr. Huang was also appointed as a member of each of the audit, nomination and remuneration committees of the Company. On behalf of the Company and its subsidiaries, the Board extends its deepest condolences to Mr. Huang's family and expresses its sincere gratitude and appreciation to Mr. Huang for his dedication and contributions to the Company.