Riverine China Holdings Limited The board of directors of the Company (the "Board") hereby announces that Mr. Cai has been appointed as the new joint company secretary of the Company pursuant to Rule 3.28 of the Listing Rules with effect from 1 August 2022 to replace Mr. Jia. Ms. Cheung Kam Mei, Helen ("Ms. Cheung"), the existing company secretary of the Company, will continue to act as joint company secretary of the Company. Mr. Cai, aged 37, joined the Company in August 2017 as assistant to chief financial officer and was appointed as the chief financial officer on 1 May 2019. He is responsible for overseeing accounting activities of the Company, its subsidiaries and associated companies (the "Group"). Mr. Cai obtained a bachelor's degree in Economics with a major in Finance from Tongji University in 2007. Mr. Cai has over ten years of experience in auditing, financial management and
corporate financing. Prior to joining the Group, he worked as a senior associate at PricewaterhouseCoopers Zhongtian LLP from August 2007 to January 2010. He served as deputy director of the finance department of Tat Hong Zhaomao Investment Holding Co.,Ltd. from January 2010 to November 2016 and was its head of corporate financing department from December 2016 to August 2017. Mr. Cai joined the Group in August 2017 as assistant to chief financial officer (shortly before the listing ("Listing") of the shares of the Company on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") in December 2017) and was appointed as the chief financial officer on 1 May 2019 (please refer to the Company's announcement dated 30 April 2019). He is responsible for overseeing accounting activities and liaising with the Company's auditors, joint company secretaries and external professional advisers on regulatory compliance. Mr. Cai has been working as a senior management of the Company for almost five years. In order to perform his duties, he needs to understand the business and day-to-day operations of the business units of the Group, work closely with the business units and report the performance of the business units to the Board. Mr. Cai is a long-serving senior management of the Company and he is familiar with the business, financial and day-to-day operations of the Group. Since he joined the Group in August 2017, he has been working with the Company's management, auditors, company secretaries and external advisers on preparation and announcement of listing document, financial statements, annual reports, matters that are required to be announced and despatched to shareholders of the Company under the Listing Rules and relevant laws and regulations. Over the years, Mr. Cai has accrued substantial experience in compliance with the Listing Rules and relevant laws and regulations. Since the principal businesses and operations of the Group are based in China, the Board considers that it will be better for the Company to designate a long-serving senior management, who is familiar with the financial, business and operations of the Group and has close working relationship with the management of the Group, to replace Mr. Jia as joint company secretary to assist the Company's existing company secretary, Ms. Cheung, and external advisers on regulatory compliance. Mr. Cai will be guided by Ms. Cheung, who is an experienced lawyer and company secretary on company secretarial matters and compliance with the Listing Rules and relevant laws and regulations. Mr. Cai will also take no less than 15 hours of relevant professional training in each financial year pursuant to Rule 3.29. Ms. Cheung, aged 61, is a qualified solicitor in Hong Kong, a member of the Law Society of Hong Kong since 2002, a member of the Law Society of England and Wales since 2003 and a member of the Hong Kong Institute of Chartered Secretaries since 2005. She obtained a Bachelor of Laws from University of London in 1999 and a Postgraduate Certificate in Laws from University of Hong Kong in 2000. Ms. Cheung has six years of experience in the corporate governance and company secretarial field.