China Everbright Environment Group Limited announced the following retirement and proposed appointment of INED, and the changes in the composition of the Board committees: At the 2022 AGM, Mr. Mar Selwyn will retire as an INED by rotation from office. Since Mr. Mar would like to devote more time to his other personal engagements, he will not offer himself for re-election and accordingly, he will cease to act as an INED upon the conclusion of the 2022 AGM. At the same time, Mr. Mar will cease to act as the chairman of the Audit Committee and a member of each of the Remuneration Committee, Nomination Committee and Risk Management Committee; and After considering the recommendation of the Nomination Committee, the Board has proposed to appoint Ms. Li Shuk Yin, Edwina as an INED to fill a casual vacancy occasioned by the retirement of Mr. Mar and will submit the appointment for the Shareholders' approval at the 2022 AGM.

Ms. Li's term of office will be effective from the conclusion of the 2022 AGM to the conclusion of the annual general meeting of the Company to be held in 2024. Upon approval of the appointment of Ms. Li as an INED, the Company will appoint her as the chairman of the Audit Committee and a member of each of the Remuneration Committee, Nomination Committee and Risk Management Committee.