Zhejiang Expressway Co., Ltd. at its extraordinary general meeting held on September 27, 2023, resolved to elect Mr. Wu Wei as an executive Director of the Company and resolved to elect Mr. Lu Wenwei as a supervisor representing Shareholders of the Company. Mr. Wu, born in 1969, is a professorial senior engineer with a Bachelor's Degree. Mr. Wu began work in July 1991.

He served as Deputy General Manager and General Party Branch Secretary of Zhejiang Communications Construction Group Third Communications Construction Co., Ltd.; General Manager of Zhejiang Communications Construction Group Third Communications Construction Co., Ltd.; Deputy General Manager and Party Committee Member of Zhejiang Communications Construction Group Co., Ltd.; Director, General Manager and Party Committee Member of Zhejiang Communications Construction Group Co., Ltd.; Director, General Manager and Deputy Party Secretary of Zhejiang Communications Construction Group Co., Ltd., formerly known as; Chairman and Party Secretary of Zhejiang Communications Resources Investment Co., Ltd.; Chairman and Party Secretary of Zhejiang Communications Technology Co., Ltd.; Chairman and Party Secretary of Zhejiang Communications Construction Group Co., Ltd. Mr. Wu is currently the General Manager and the Party Secretary of the Company. Mr. Chen Ninghui no longer serves as an executive Director of the Company upon the conclusion of the EGM. The Board of the Company would like to express its appreciation to Mr. Chen Ninghui for his contribution to the development of the Company during his term of office.

Mr. Lu, born in 1978, is a senior accountant. He graduated from the School of Economics and Management at Zhejiang University of Technology majoring in Technical Economics and Management with a Master's Degree in Management. He began work in January 2004.

He served as Auditor and Project Manager of Zhejiang Pan-China Certified Public Accountants; Head of the Financial Management Department of Zhejiang Communications Investment Group Co., Ltd.; General Manager Assistant, Deputy General Manager and Party Committee Member of Zhejiang Communications Investment Group Finance Co., Ltd.; Deputy General Manager of the Financial Management Department of Zhejiang Communications Investment Group Co., Ltd.; Deputy General Manager and Party Committee Member of Zhejiang Road Industry City Development Group Co., Ltd. He is currently the Deputy General Manager (in charge of daily work) of the Financial Management Department of Zhejiang Communications Investment Group Co., Ltd. Ms. Li Yuan no longer serves as a supervisor representing Shareholders of the Company upon the conclusion of the EGM. The supervisory committee of the Company and the Board would like to express their appreciation to Ms. Li Yuan for her contribution to the development of the Company during her term of office.