The board of directors of Guangshen Railway Company Limited announced that the Board and the supervisory committee of the Company have received the resignation letters from Mr. Hu Lingling, the director and general manager of the Company, and Mr. Chen Shaohong, the supervisor of the Company, on 12 April 2024. Mr. Hu has resigned from his position as an executive director, general manager, member of remuneration committee of the Board and
member of nomination committee of the Board due to retirement. Mr. Chen has resigned from his position as a shareholder representative supervisor of the Company due to change of work requirements. Pursuant to the provisions of the Company Law and the Articles of Association, the resignations of Mr. Hu and Mr. Chen shall take effect upon delivery to the Board and the Supervisory Committee. The resignations of Mr. Hu and Mr. Chen will not result in the Board and the Supervisory Committee falling below the quorum and will not affect the normal operation of the Board, the special committees of the Board, the Supervisory Committee and the Company. The Company will follow the statutory procedures for the supplementary election of director and supervisor.