CHIHO ENF(00976): Qin Yongming has been dismissed from his position as executive director.

CHIHO ENV (00976) announced that Mr. Qin Yongming has been dismissed from his position as executive director by a written notice signed by all joint directors, effective from June 1, 2026. In light of his dismissal, Mr. Qin Yongming has also stepped down as the chairman of the board and chairman of the following board committees: executive committee, nomination committee, strategic and investment committee, and pricing committee, effective from June 1, 2026. In addition, the board has resolved to immediately terminate all other positions and appointments held by Mr. Qin Yongming within the group. Furthermore, independent non-executive director Ms. Wu Jian has been appointed as the chairman of the nomination committee, effective from June 1, 2026.