The board of directors of Beijing Tong Ren Tang Chinese Medicine Company Limited announced that Mr. Gu Hai Ou has been appointed as an executive director of the Company, the chairman of the Board and authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of the Hong Kong Limited with effect from 13 December 2023. Gu Hai Ou, aged 58, is currently the vice general manager and member of Standing Committee of Party Committee of China Beijing Tong Ren Tang Group Co. Ltd., and the vice president of the China Association of Traditional Chinese Medicine, as well as an executive director and the chairman of board of directors of Tong Ren Tang Technologies Co.

Ltd. since 11 June 2019. He has tendered his resignation as the executive director and the chairman of board of directors of Tong Ren Tang Technologies on 13 December 2023, that will take effect upon the new executive director being elected at the general meeting of Tong Ren Tang Technologies to be held. Mr. Gu joined Beijing Tong Ren Tang Group in 1991 and was formerly the vice general manager, the chief engineer, director, the chairman of board of directors of Beijing Tong Ren Tang Company Limited.

Mr. Gu graduated from the Shanghai University of Traditional Chinese Medicine in July 1986 with a bachelor's degree, and obtained a master's degree in medical science from Beijing University of Chinese Medicine in July 1991. Mr. Gu holds the title of researcher and is also a licensed pharmacist. Mr. Gu shall hold office until the next following annual general meeting of the Company after his appointment and if re-elected by the shareholders of the Company thereat, will be subject to retirement by rotation and re-election at annual general meeting of the Company at least once every three years in accordance with the articles of association of the Company.

A service contract was entered into between the Company and Mr. Gu on 13 December 2023 for a period of three years.