Dynagreen Environmental Protection Group Co., Ltd. — Board/Management Information 2021

Feb 5, 2021

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綠色動力環保集團股份有限公司 Dynagreen Environmental Protection Group Co., Ltd.* (a joint stock limited liability company incorporated in the People’s Republic of China) (Stock Code: 1330)

RESIGNATION OF NON-EXECUTIVE DIRECTOR

The board of directors (the “ Board ”) of Dynagreen Environmental Protection Group Co., Ltd.* (the “ Company ”) hereby announces that, the Board received the written resignation from Mr. Cao Jinjun (“ Mr. Cao ”), a non-executive director of the Company, on 5 February 2021. Mr. Cao has tendered the resignation as a non-executive director of the Board and the member of the Remuneration and Appraisal Committee due to work arrangement adjustment.

In accordance with the relevant provisions of the Company Law and the articles of association of the Company, the resignation of Mr. Cao will not cause the number of the members of the Board to fall below the quorum and will not adversely affect the normal operation of the Board. The resignation of Mr. Cao took effect on the date of receiving the resignation by the Board.

Mr. Cao has confirmed that, he has no disagreement with the Board, and there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company.

Pursuant to the Working Rules for the Remuneration and Appraisal Committee under the Board of the Company, the Remuneration and Appraisal Committee shall be comprised of at least three directors. Upon the resignation of Mr. Cao, the Remuneration and Appraisal Committee is only comprised of two committee members. The Company will fill up the vacancy in the Remuneration and Appraisal Committee as soon as practicable in accordance with relevant requirements.

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The Board would like to express its sincere appreciation to Mr. Cao for his contribution to the Company during his tenure of office.

By Order of the Board Dynagreen Environmental Protection Group Co., Ltd. Zhi Jun* Chairman

Shenzhen, the PRC 5 February 2021

As at the date of this announcement, the non-executive Directors of the Company are Mr. Zhi Jun, Mr. Liu Shuguang and Mr. Cheng Suning, the executive Directors of the Company are Mr. Qiao Dewei and Mr. Hu Shengyong and the independent non-executive Directors of the Company are Mr. Ou Yuezhou, Ms. Fu Jie and Mr. Xie Lanjun.

• For identification purposes only

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