The board of directors of Li Ning Company Limited announced that Mr. Su Jing Shyh, Samuel ("Mr. Su") has ceased to be an independent non-executive Director with effect from 5 July 2021, as a result of the expiration of his term of office on 4 July 2021 under the service agreement entered into between the Company and Mr. Su. Following Mr. Su's cessation of directorship, he also ceased to act as the chairman of the nomination committee of the Company (the "Nomination Committee"). The Board also announced the changes in composition of the Nomination Committee with effect from 5 July 2021: the appointment of Mr. Li Ning, the Executive Chairman of the Company and a member of the Nomination Committee, as the new chairman of the Nomination Committee; and the appointment of Ms. Wang Ya Fei, an independent non-executive Director, as a new member of the Nomination Committee.