The board (the ``Board'') of directors (the ``Directors'') of Shunten International (Holdings) Limited (the ``Company'', together with its subsidiaries, the ``Group'') announced that Ms. So Tsz Kwan (``Ms. So'') has been appointed by Mr. Cheung Siu Fai (``Mr. Cheung''), who is the chairman of the Board and an executive Director, as his alternate director (in such role, the ``Alternate Director'') with effect from 14 September 2023. Ms. So Tsz Kwan, aged 41, has 19 years of experience in audit and investment management. Since 2018, Ms. So has been serving as a vice president at Ruima Hong Kong Limited, which provides customized structured financing and corporate solutions to clients.

From 2011 to 2018, Ms. So worked as a manager, who was responsible for project management of the water sector at NWS Infrastructure Management (HK) Limited, a subsidiary of NWS Holdings Limited (a company listed on the Main Board of The Stock Exchange of Hong Kong Limited (the ``Stock Exchange'') (stock code: 659). She had also previously worked at Grant Thornton and PricewaterhouseCoopers for over 6 years. Ms. So graduated from the Hong Kong Baptist University with a Bachelor's Degree in Business Administration (Accounting) in 2004 and has been a member of the Hong Kong Institute of Certified Public Accountants since 2010.

Ms. So was an independent non-executive director of the Company during the period from 24 January 2022 to 23 June 2022 and she was an independent non-executive director of MIE oldings Corporation (a company listed on the Main Board of the Stock Exchange) (stock code: 1555) during the period from 31 August 2021 to 4 April 2022.