The board of directors of Evergrande Property Services Group Limited announced the following changes to the Directors of the Company: Mr. Dong Xinyi has been appointed as an independent non-executive Director, chairman of the remuneration committee of the Board and member of the audit committee and nomination committee, with effect from 27 September 2023. Mr. Dong Xinyi, aged 53, an economist with over 30 years of experience in investment banking, financial management and asset management. From September 1990 to November 1999, Mr. Dong worked at the Guangdong branch of Bank of China, holding various positions including deputy section chief of the risk management department.

From December 1999 to December 2011, Mr. Dong worked at the Guangdong branch of China Orient Asset Management Co. Ltd., where he held different positions including senior manager of the market development department and risk management department. From January 2012 to February 2019, Mr. Dong worked at Dong Yin Development (Holdings) Limited, where he served as deputy managing director.

Mr. Dong served as a visiting professor at the School of Economics and Statistics at Guangzhou University and has been a visiting professor at the School of Applied Economics at Guangdong Baiyun University since October 2020. Currently, Mr. Dong is an external director of Guangdong Provincial Port & Shipping Group Co. Ltd. and Guangdong Yuehai Capital Group Co.

Ltd. Mr. Dong obtained a master's degree in software engineering from Huazhong University of Science and Technology in July 2010. Mr. Guo Zhaohui has resigned as an independent non-executive Director with effect from 27 September 2023 to pursue his other personal endeavours. Mr. Guo has confirmed to the Company that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.