National Investments Fund Limited As a majority of votes was cast against resolution No. 2(a)(vi), such resolution was not passed as ordinary resolution. As a result, Mr. Liu Jin was no longer an independent non-executive Director after the AGM. In the meantime, Mr. Liu ceased to be the chairman of remuneration committee and the member of audit committee and nomination committee of the Company. Ms. Chan So Fong ("Ms. Chan") has notified the Company before the commencement of the AGM that she had decided to retire and would not offer herself for re-election as an independent non-executive Director at the AGM in order to devote more time for her other business commitments. As such, resolution 2(a)(iii) was withdrawn by the chairman of the AGM and Ms. Chan had retired as an independent non-executive Director with effect from the close of the AGM held on 13 June 2019. In the meantime, Ms. Chan has also ceased to be the chairman of the nomination committee, member of audit committee and remuneration committee of the company. The Board announced that on 13 June 2019, Ms. Wu Xiaoxia has been appointed as an independent non-executive Director, a member of the audit committee, the nomination committee and the remuneration committee of the company with effect from 13 June 2019. Following Ms. Chan ceasing to be the chairman of the nomination committee and Mr. Liu ceasing to be the chairman of the remuneration committee, Mr. Li Li, an independent non-executive Director, has been appointed as the chairman of the nomination committee and the chairman of the remuneration committee of the company.