The board of directors of China National Building Material Company Limited resolved and announced that due to work adjustments, Mr. Xiao Jiaxiang ("Mr. Xiao") has been re-designated from an executive Director to a non-executive Director with effect from 27 October 2023 for a term commencing from 27 October 2023 and consistent with that of the current session of the Board and he is eligible for re-election for his directorship. Mr. Xiao has confirmed that he has no disagreement with the Board and the Company and there is no other matter in relation to the re-designation of director that needs to be brought to the attention of the Shareholders. Mr. Xiao Jiaxiang, born in September 1963, is a non-executive director of the Company. Mr. Xiao has extensive experience in business management, regional economics and social development, especially in group strategic management and international capital market financing. Mr. Xiao has served as a non-executive director of the Company since October 2023, a vice chairman of Xinjiang Tianshan Cement Co. Ltd. ("Tianshan Cement") from March 2023 to September 2023, an executive director of the Company from November 2021 to October 2023, the president of Tianshan Cement from December 2021 to March 2023, and the chairman of South Cement Co. Ltd. ("South Cement") from October 2021 to January 2023 (and sole executive director from August 2022), a director of Tianshan Cement from September 2020 to September 2023, the chairman of North Cement Co. Ltd. from June 2017 to September 2023, and the president of South Cement from June 2009 to January 2023, a director of South Cement from February 2009 to January 2023, a vice president of the Company from February 2009 to March 2022, a president of Tianrui Corporation Ltd. and concurrent chairman and general manager of Tianrui Group Cement Limited Company from February
2006 to December 2008. From November 2001 to January 2006, he successively held the positions of a deputy party secretary of the Daye Municipal Party Committee, mayor and secretary of the Municipal Party Committee, and director of the Standing Committee of the Municipal People's Congress of Daye City. From July 1991 to November 2001, he successively held various positions in Huaxin Cement (Group) Co. Ltd. including the position of a director and the vice general manager. He successively served as an engineer and the head of the workshop of Shuicheng Cement Plant from July 1982 to July 1991. Mr. Xiao received a doctor's degree from Huazhong University of Science and Technology in July 2004, is a professor-grade senior engineer and an expert approved by the State Council of the People's Republic of China to enjoy the special government allowance. At present, Mr. Xiao concurrently serves as an executive chairman of China Cement Association. He was granted the honours of a National Outstanding Entrepreneur, a National Outstanding Scientific Worker, and the first prize of National Corporate Management Modernization and Innovation Achievements.