The board of directors of Modern Land (China) Co., Limited announced that the Board considered and approved the resolution regarding the establishment of an environmental, social and governance Committee. The ESG Committee has been officially established since 1 December 2021 and will assist the Board in reviewing and monitoring the environmental, social and governance policies and practices of the Company and its subsidiaries. The Board also announces that Mr. Zhang Peng (an executive Director), Mr. Cui Jian (an independent non-executive Director), Mr. Hui Chun Ho, Eric (an independent non-executive Director), Mr. Gao Zhikai (an independent non-executive Director) and Mr. Liu Jiaping (an independent non-executive Director) have been appointed as the members of the ESG Committee, and Mr. Zhang Peng has been appointed as the chairman of the ESG Committee with effect from 1 December 2021.