Shanghai Pharmaceuticals Holding Co. Ltd. held the 1st meeting of the third session of the employees' representatives conference on 19 June 2023, on which Mr. YU Weidong was elected as an employee representative supervisor of the eighth session of the board of supervisor of the Company. The election of Mr. YU does not require the approval of the shareholders of the Company at a general meeting.

The term of office of Mr. YU as the Employee Representative Supervisor will commerce from 19 June 2023 and end upon the date of the expiration of the eighth session of the Board of Supervisor and he will not receive any remuneration as Employee Representative Supervisor during his term. Mr. YU, born in September 1971, is a member of the Communist Party of China and holds a master's degree. He currently serves as a member of the committee of the Communist Party of China and the secretary to the disciplinary committee of the Communist Party of China of Shanghai Pharmaceutical (Group) Co.

Ltd. and the Company, respectively. Mr. YU previously served as a clerk at the audit department of Shandong Agricultural University, deputy general manager of the finance department at Shanghai Tongda Energy Group Co. Ltd., manager of the business department at Shanghai Vision International Financial Advisory Co.

Ltd., general manager of the audit department at Shanghai Industrial Pharmaceuticals Investment Co. Ltd., deputy general manager and general manager of the audit department at the Company, director of the Company, general manager, deputy secretary and secretary to the committee of the Communist Party of China of Shanghai Traditional Chinese Medicine Co. Ltd., office director of the Company and deputy director of the discipline inspection and supervision office at Shanghai Industrial (Holdings) Co.

Ltd., etc.