Tree Holdings Limited announced the appointment of Mr. Bian Hongjiang as an executive Director of the Company with effect from 21 October 2022. Mr. Bian Hongjiang, aged 47, has over 20 years' experience in financial management. Mr. Bian Hongjiang is currently and has been the executive director and legal representative of Beijing Huijing Yian Asset Management Co. Ltd. since October 2019 and the financial officer of Shandong Yuanqi Wisdom Agriculture Development Co. Ltd. since May 2022. Mr. Bian Hongjiang graduated from the Northeast Agricultural University in July 2010 and
majored in accounting. The Board announce that with effect from 21 October 2022, Mr. Bian Dahai has been re-designated from a non-executive Director to an executive Director of the Company. Mr. Bian Dahai, aged 47, has over 22 years' experience in business management and project
investment. Mr. Bian Dahai is active in various industries, including but not limited to the
chain catering, hotel management, internet and technology, smart home and smart elderly
care industries. Mr. Bian Dahai is currently and has been the executive director and legal representative of Beijing Savings Credit Investment Management Co. Ltd. since November 2015, the director of Shandong Bonds Silver City Network Technology Co. Ltd. since September 2017, the director of Zibo Shizuyuanqi Hotel Management Co. Ltd. since December 2017 and the director of Zibo Subaosu Catering Management Co. Ltd. since December 2017.