The board of directors of Tianjin Jinran Public Utilities Company Limited announced that the term of the current session of the Board of Directors and the Supervisory Committee of the Company will conclude at the end of the forthcoming annual general meeting of the Company. Upon conclusion of the current term and with effect from the end of the AGM: Each of Ms. Wu Fang and Ms. Guan Na will retire from her position as a non-executive Director and will not stand for re-election at the AGM due to respective personal work arrangement; Mr. Zhang Ying Hua will retire from his position as an independent non-executive Director and will not stand for re-election at the AGM to devote more time to his personal affairs following his retirement; Mr. Guo Jia Liwill retire from his position as an independent non-executive Director and will not stand for re-election at the AGM due to his retirement; Ms. Xu Hui will retire from her position as an independent supervisor of the Company and will not stand for re-election at the AGM due to her personal work arrangement; and Upon them ceasing to be a Director, the retiring Directors will step down from their chairmanship/membership of the Board committees as follows: Ms. Wu as a member of the remuneration committee of the Company; Mr. Zhang as the chairman of the Remuneration Committee, a member of the nomination committee of the Company, and a member of the audit committee of the Company (the "Audit Committee"); and Mr. Guo as the chairman of the Audit Committee and a member of the Remuneration Committee.