China Galaxy Securities Co., Ltd. announced at first extraordinary general meeting of 2024 held on January 23, 2024, Mr. XUE Jun has been elected as an executive director of the fourth session of the board of directors of the Company (the "Board"), and Mr. LIU Li has been elected as an independent non-executive director of the fourth session of the Board. The biographical details of Mr. XUE Jun and Mr. LIU Li are set out in the circular of the Company dated 28 December 2023. At the extraordinary meeting of the Board held on 23 January 2024, Mr. XUE Jun was elected as the Vice Chairman of the Board, and the Board has made the following adjustments to the composition of its committees: (i) Mr. XUE Jun has been appointed as a member of each of the Strategy and Development Committee and the Compliance and Risk Management Committee; (ii) Mr. LIU Li has been appointed as the Chairman of the Nomination and Remuneration Committee, and a member of each of the Strategy and Development Committee and the Audit Committee; and (iii) Mr. WANG Sheng has ceased to be a member of the Compliance and Risk Management Committee, all with effect from 23 January 2024.