The board of directors of China Wood Optimization (Holding) Limited announced that with effect from 20 April 2022, Ms. Chan Pui Sze has been appointed as a non-executive Director and a member of the audit committee of the Company; Ms. Hu Xiaoyun has been appointed as independent non-executive Director and member of each of the Audit Committee and the remuneration committee of the Company and the chairman of the nomination committee of the Company; and Mr. Qian Ze has been appointed as independent non-executive Director and member of each of the Audit Committee and the Nomination Committee, and the chairman of the Remuneration Committee. Ms. Chan Pui Sze has been appointed as a non-executive Director and a member of the Audit Committee with effect from 20 April 2022. Ms. Chan previously worked for a US investment bank where she focused on advising Hong Kong corporate clients in relation to capital optimisation, cash flow management and hedging strategies with in-house credit-related and rates-related financial instruments.

Ms. Hu Xiaoyun has been appointed as an independent non-executive Director and member of each of the Audit Committee and the Remuneration Committee, and the chairman of the Nomination Committee with effect from 20 April 2022. Mr. Qian Ze has been appointed as an independent non-executive Director and member of each of the Audit Committee and the Nomination Committee, and the chairman of the Remuneration Committee with effect from 20 April 2022.