The board of directors of China Sandi Holdings Limited announced that Ms. Ma Shujuan (Ms. Ma) has notified the board that she will not offer herself for re-election at the forthcoming annual general meeting of the company (the AGM) to be held on 15 June 2023 and will retire as an independent non-executive Director by rotation pursuant to the bye-laws of the company (the Bye-Laws) with effect from the conclusion of the AGM for the reason that she would like to devote more time to her other commitments. Upon her retirement as an independent non-executive Director, Ms. Ma will cease to be the chairman of the remuneration committee (the remuneration committee) and a member of each of the audit committee (the audit committee) and the nomination committee (the nomination committee) of the company with effect from the conclusion of the AGM.