Chiho Environmental Group Limited — Board/Management Information 2021

Dec 15, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

==> picture [139 x 42] intentionally omitted <==

CHIHO ENVIRONMENTAL GROUP LIMITED 齊合環保集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 976)

RESIGNATION OF EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER AND CHANGES IN COMPOSITION OF BOARD COMMITTEES

The board (the “ Board ”) of directors (the “ Directors ”) of Chiho Environmental Group Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) announces that Mr. Martin Simon (“ Mr. Simon ”) has resigned as an executive Director, the chief financial officer of the Company and the member of each of the executive committee of the Company, the strategy and investment committee of the Company and the pricing committee of the Company with effect from 14 December 2021 as he was of the view that he was no longer able to exert his influence over the management or decision making of the Company.

Mr. Simon has confirmed 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 and The Stock Exchange of Hong Kong Limited.

The Board would like to take this opportunity to express its gratitude to Mr. Simon for his contribution to the Company during his tenure of office.

By Order of the Board Chiho Environmental Group Limited Mr. Li Linhui Executive Director

Hong Kong, 15 December 2021

As at the date of this announcement, the Board comprises:

Executive Directors:

Mr. Tu Jianhua Mr. Li Linhui (Chairman) Mr. Miao Yu Mr. Yao Jietian Mr. Rafael Heinrich Suchan

Independent Non-executive Director: Prof. Li Zhiguo

In the case of any inconsistency, the English text of this announcement shall prevail over the Chinese text.