The board of directors of China Resources Building Materials Technology Holdings Limited announced that, Mr. IP Shu Kwan Stephen (Mr. IP) shall retire from office by rotation at the annual general meeting of the Company to be held on 24 May 2024 (the AGM) pursuant to Article 16.18 of the Company's articles of association, and he has notified the Board of his plan of retirement and will not offer himself for re-election at the AGM. Upon the conclusion of the AGM, Mr. IP will retire as an independent non-executive Director, the chairman of the risk and compliance committee of the Company, a member of the nomination committee of the Company, a member of the remuneration and appraisal committee of the Company and a member of the audit committee of the Company. The Company will make further announcement(s) in relation to the appointment of new chairman and members of relevant Board committees as and when appropriate.

Mr. IP has confirmed that he has no disagreement with the Board and there are no matters that need to be brought to the attention of the holders of securities of the Company and The Stock Exchange of Hong Kong Limited.