New Ray Medicine International Holding Limited announced that, with effect from 31 March 2023, Ms. Zhou Wan has been appointed as an executive Director. The biographical details of Ms. Zhou are set out below: Ms. Zhou, aged 33, has been appointed as an executive Director with effect from 31 March 2023. Ms. Zhou joined the Group's marketing team in February 2012 and has been promoted to the position of the general manager and legal representative of Zhejiang Xin Rui Pharmaceutical Co.

Ltd., a wholly-owned subsidiary of the Company, since April 2018. Ms. Zhou graduated from Zhejiang Chinese Medical University majoring in traditional Chinese pharmacy in 2017. Ms. Zhou has more than 10 years of experience in the pharmaceutical distribution industry in the PRC.