The Board of Directors of the Landsea Green Management Limited announced that Mr. Liu Pengpeng has tendered his resignation as a non-executive Director with effect from 31 October 2022 as he would like to spend more time pursuing his own business. Following his resignation, he also ceased to be a member of the audit committee of the Company; and Xu Xiaonian, an independent non-executive Director, has been appointed as a
member of the Audit Committee with effect from 31 October 2022.