The board of directors of Qilu Expressway Company Limited announced that Ms. Liu Yan (?Ms. Liu?) has been appointed as the deputy general manager of the Company with the term of office commencing from the date of this announcement and up to the expiry of the term of office of the third session of the Board. Ms. Liu Yan, aged 50, was a section member of the finance department and the head of the settlement section of COSCO Tianjin International Freight Co. Ltd. from July 1996 to April 2000; the manager of the finance department of Tianjin Tianyi Enterprises Co.

Ltd. from April 2000 to October 2000; the head of the fund section, the deputy manager of the finance department and the head of the accounting section of COSCO Tianjin International Freight Co. Ltd. from October 2000 to April 2004; the domestic project manager of COSCO Shipping Ports Limited from April 2004 to March 2005; the chief accountant of Tianjin Tianyong Expressway Co. Ltd. and Tianjin Tian'ang Expressway Co.

Ltd. from March 2005 to August 2008; and the chief accountant of Tianjin Tian'ang Expressway Co. Ltd. from August 2008 to March 2024. As at the date of this announcement, Ms. Liu has ceased to hold the above positions.

Ms. Liu graduated from Tianjin University of Finance and Economics in July 1996 and obtained a bachelor's degree in economics (majoring in accounting), and obtained a master's degree in economics from Tianjin University of Finance and Economics in July 1999, majoring in international trade. Ms. Liu is a senior accountant.