EVERGREEN PG (01962) has announced that Mr. Xian Handi has indicated he will not seek re-election at the Annual General Meeting and will retire as an Independent Non-Executive Director, Chairman of the Audit Committee, and member of the Remuneration and Nomination Committees, effective upon the conclusion of the AGM. Mr. Situ Yuting has indicated he will not seek re-election and will retire as an Independent Non-Executive Director, Chairman of the Remuneration Committee, and member of the Audit and Nomination Committees, also effective upon the conclusion of the AGM.

Following the recommendation of the Nomination Committee, the Board has proposed the appointment of Mr. Jiang Xuxi and Mr. Zheng Wende as Independent Non-Executive Directors. The proposed appointments of Mr. Jiang Xuxi and Mr. Zheng Wende are subject to approval by shareholders via an ordinary resolution at the AGM and, once approved, will take effect from the conclusion of the AGM.

Following the retirement of Mr. Xian Handi and Mr. Situ Yuting and upon shareholder approval of the respective appointments at the AGM: (a) Mr. Jiang Xuxi will be appointed as Chairman of the Audit Committee and a member of the Remuneration and Nomination Committees; (b) Mr. Zheng Wende will be appointed as Chairman of the Remuneration Committee and a member of the Audit and Nomination Committees.