Announcement on the Completion of the Board of Directors Election

Securities Code: 002297 Securities Abbreviation: Boyun New Materials

Serial Number: 2026-045

Hunan Boyun New Materials Co., Ltd.

Announcement on the Completion of the Board of Directors Election

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

Hunan Boyun New Materials Co., Ltd. (hereinafter referred to as the "Company") held its 2026 Second Extraordinary General Meeting on July 30, 2026. The meeting deliberated and approved the "Proposal on the Renewal of the Board of Directors and Nomination of Candidates for the Eighth Board of Directors" and the "Proposal on the Renewal of the Board of Directors and Nomination of Candidates for Independent Directors of the Eighth Board of Directors," electing the non-independent and independent directors of the Eighth Board of Directors. On the same day, the Company convened the First Meeting of the Eighth Board of Directors, electing the Chairman of the Eighth Board of Directors and the members of the specialized committees of the Board of Directors. The renewal of the Company's Board of Directors has been completed, and the relevant information is hereby announced as follows:

I. Composition of the Eighth Board of Directors

The Eighth Board of Directors of the Company is composed of 9 directors, including 6 non-independent directors and 3 independent directors. The members are as follows:

Non-independent Directors: Mr. Dai Zhili (Chairman), Mr. Jiang Feng, Mr. Feng Zhirong, Mr. Zhang Yingjie, Mr. Li Biao, Mr. Chen Cai

Independent Directors: Mr. Xiao Hanning, Ms. Zhou Lan, Mr. Wei Kai

The term of office for the directors of the Eighth Board of Directors is three years, commencing from the date of approval by the 2026 Second Extraordinary General Meeting. The number of directors nominated for the Eighth Board of Directors who concurrently hold senior management positions in the Company does not exceed one-half of the total number of directors. The number of independent director candidates is not less than one-third of the total number of directors. The qualifications and independence of the independent directors have been filed with and reviewed by the Shenzhen Stock Exchange without objection.

II. Composition of the Specialized Committees of the Eighth Board of Directors

The Eighth Board of Directors has established four specialized committees: the Strategy Committee, the Audit Committee, the Nomination Committee, and the Remuneration and Appraisal Committee. The term of office for each specialized committee commences from the date of approval by this Board meeting until the expiration of the term of the Eighth Board of Directors. The specific composition is as follows:

III. Documents for Reference

1. Resolution of the 2026 Second Extraordinary General Meeting of the Company.

2. Resolution of the First Meeting of the Eighth Board of Directors of the Company.

Hereby announced.

Board of Directors

July 30, 2026

Appendix: Brief Biographies of Members of the Specialized Committees of the Eighth Board of Directors