China Merchants Securities Co., Ltd. announced that at its Annual General Meeting held on June 30, 2023, approved the final cash dividend for the year ended December 31, 2022 of RMB 1.85 (tax inclusive) for every ten(10) Shares (the "Final Dividend") will be paid to the H Shareholders on August 4, 2023. The register of members of H Shares of the Company will be closed from July 7, 2023 to July 12, 2023 (both days inclusive). In order to qualify for receiving the Final Dividend, the H Shareholders should ensure that all transfer documents accompanied by the relevant H share certificates, shall be lodged with the Company's H share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not later than 4:30 p.m. on July 6, 2023.

H Shareholders whose names appear on the register of members of H Shares of the Company on July 12, 2023 will be entitled to receive the Final Dividend. Such cash dividend shall be denominated and declared in Renminbi and paid to A Shareholders in Renminbi and to H Shareholders in HK dollar. The actual amount of Final Dividend paid in HK dollar shall be determined based on the average exchange rate of Renminbi and HK dollar published by the People's Bank of China for the five business days immediately prior to June 30, 2023, being the date of the AGM, (i.e. RMB 0.9201 against HKD 1.00), being a cash dividend of HKD 2.01 (tax inclusive) for every ten(10) H Shares.