The board of the directors of Beijing Sports and Entertainment Industry Group Limited announced that Ms. Hu Yi Na (Ms. Hu) is appointed as a non-executive Director of the Company with effect from 1 July 2024. The biographical details of Ms. Hu are set out as follows: Ms. Hu, aged 36, is currently a director and a responsible officer of Vision Finance Asset Management Limited ("VFAM"), a licensed corporation carrying out Types 1, 4 and 9 regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO") in Hong Kong. She is an alumnus of Olin Business School at Washington University in St.

Louis, where she was awarded the Bachelor of Science in Business Administration, specialising in finance and international business. Prior to joining VFAM, Ms. Hu worked in Credit Suisse Hong Kong, Bank J. Safra Sarasin AG and Clariden Leu Asset Management (Hong Kong) Limited. She has over 10 years of experiences in the financial sector, where she provided holistic financial solutions and comprehensive wealth management services for clients.

Ms. Hu has entered into a letter of appointment with the Company for a term of three years commencing from 1 July 2024, which is renewable automatically by one year on the expiry of such initial term and on the expiry of every successive period of one year thereafter, unless terminated by either the Company or Ms. Hu giving at least three months' written notice of termination before the expiry of the then existing term. Ms. Hu shall hold office until the next annual general meeting of the Company (the "AGM") and shall then be eligible for re-election by the shareholders of the Company at the AGM pursuant to article 86(3) of the Articles of Association of the Company (the "Articles") and thereafter subject to retirement by rotation at least once every three years in accordance with article 87(1) of the Articles.