Chengdu Expressway Co., Ltd. announces that on 9 September 2022, (i) due to work changes, Ms. Wang Xiao ("Ms. Wang") tendered her resignation to the Board in writing, pursuant to which Ms. Wang resigned as an executive Director and a member of the strategy and development committee of the Board; (ii) due to retirement, Mr. Zhang Dongmin ("Mr. Zhang") tendered his resignation to the Board in writing, pursuant to which Mr. Zhang resigned as an executive Director; and (iii) as their tenures will soon reach six years, Mr. Shu Wa Tung, Laurence ("Mr. Shu"), Mr. Ye Yong ("Mr. Ye") and Mr. Li Yuanfu ("Mr. Li") tendered their resignations to the Board in writing, pursuant to which Mr. Shu resigned as an independent non-executive Director, the chairman of the audit and risk management committee of the Board and a member of the strategy and development committee of the Board, and Mr. Ye resigned as an independent non-executive Director, the chairman of the remuneration and evaluation committee of the Board, a member of the audit and risk management committee of the Board and a member of the nomination committee of the Board, and Mr. Li resigned as an independent non-executive Director, a member of the remuneration and evaluation committee of the Board and a member of the nomination committee of the Board. Such resignations shall take effect from the date of appointment of the successors at a general meeting of the Company.