The board of directors of Jiangsu Expressway Company Limited (the "Company") has recently received a resignation letter from Mr. Lin Hui, an independent non- executive director. Mr. Lin Hui tendered his resignation from the positions as an independent non-executive director of the tenth session of the Board, the convener of the remuneration and appraisal committee and a member of the nomination committee in accordance with the requirements of the Rules for Independent Directors of Listed Companies of the CSRC and the Articles of Association regarding the term of office of independent directors due to the upcoming expiration of his consecutive term of office as an independent non-executive director of the Company for six years. After Mr. Lin Hui's resignation, the proportion of independent non-executive directors will be less than one-third of the total number of members of the Board of the Company.

Pursuant to the relevant requirements of the Company Law and the Articles of Association, the resignation application of Mr. Lin Hui will take effect upon a new independent non-executive director being elected at the general meeting of the Company. During the period, Mr. Lin Hui will continue to perform his duties as an independent non-executive director and member of the relevant special committees under the Board pursuant to the requirements of the relevant laws and regulations and the Articles of Association. The Company has commenced the by-election of independent non-executive director in accordance with relevant regulations.