CIMC Vehicle : CHANGE IN COMPOSITION OF NOMINATION COMMITTEE

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CIMC Vehicles (Group) Co., Ltd.

中集車輛（集團）股份有限公司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1839)

CHANGE IN COMPOSITION OF NOMINATION COMMITTEE

The board (the "Board") of directors ("Directors") of CIMC Vehicles (Group) Co., Ltd. (the "Company") hereby announces that in order to improve the corporate governance structure of the Company and ensure that the Company complies with the requirements of relevant regulatory authorities after the initial public offering of A shares and listing on the ChiNext Market of Shenzhen Stock Exchange, the Board resolved (1) Mr. Mai Boliang, the chairman of the Board and a non-executive Director of the Company, ceased to be the chairman of the nomination committee of the Company (the "Nomination Committee") but continued to be a member of the Nomination Committee; and (2) Mr. Feng Jinhua, an independent non-executive Director of the Company, was appointed as the chairman of the Nomination Committee. The above resolutions shall come into effect from 27 August 2020 with their terms of office in line with those of the Directors.

By Order of the Board

CIMC Vehicles (Group) Co., Ltd.

Li Guiping

Executive Director

Hong Kong, 27 August 2020

As at the date of this announcement, the Board comprises nine members, being Mr. Mai Boliang **, Mr. Li Guiping *, Ms. Zeng Beihua**, Mr. Wang Yu**, Mr. Chen Bo**, Mr. Huang Haicheng**, Mr. Feng Jinhua ***, Mr. Fan Zhaoping*** and Mr. Cheng Hok Kai Frederick***.

• Executive Director
• Non-executiveDirectors
• Independent non-executive Directors