CHINA RES GAS Reshuffles Board: Two INED Retirements, Appointments of Stephen Law & Liu Bin, Committee Realignments

China Resources Gas Group Limited (CHINA RES GAS) announced a broad refresh of its independent non-executive director (INED) lineup and related Board committee roles, effective 27 March 2026.

Key changes

1. INED retirements • Mr Wong Tak Shing and Mr Yu Hon To, David will not stand for re-election at the forthcoming Annual General Meeting and will retire as INEDs at its conclusion. • Both executives have already stepped down from their committee posts: – Mr Wong: chairman, Remuneration Committee; member, Audit & Risk Management, Nomination, and ESG Committees. – Mr Yu: chairman, Audit & Risk Management Committee; member, Remuneration and Nomination Committees. • Both retirees confirmed no disagreement with the Board and no matters requiring shareholder attention.

2. New INED appointments • Mr Stephen Cheuk Kin Law (aged 63) joins as INED, becomes chairman of the Audit & Risk Management Committee, and member of the Remuneration and Nomination Committees. A CPA and former senior executive at multiple blue-chip corporates, Mr Law will receive an annual director’s fee of HK$0.30 million and serve a three-year term subject to rotation. • Mr Liu Bin (aged 40) joins as INED and member of the Audit & Risk Management, Nomination and ESG Committees. An academic specialist in commercial and banking law, Mr Liu will also receive an annual director’s fee of HK$0.30 million and serve a three-year term subject to rotation.

3. Further committee adjustments • Mr Yang Yuchuan, existing INED, steps down from the Nomination Committee and becomes chairman of the Remuneration Committee. • Mr Li Pok Yan, existing INED, joins the Nomination Committee.

Post-change Board composition • Executive Directors: Mr Yang Ping (Chairman), Ms Qin Yan, Mr Liu Haiyan • Non-executive Directors: Mr Li Weiwei, Mr Zhang Junzheng, Mr Fang Xin, Mr Zhang Shenwen, Mr Zhang Weitong • Independent Non-executive Directors: Mr Wong Tak Shing, Mr Yu Hon To, David, Mr Yang Yuchuan, Mr Li Pok Yan, Mr Stephen Cheuk Kin Law, Mr Liu Bin

The Board conveyed formal gratitude to the retiring INEDs for their service and extended a welcome to the new appointees.