GF Securities Co., Ltd. announced that the Board recommended the payment of a final dividend for the year ended December 31, 2023 in an aggregate amount expected to be RMB 2,281,753,653.30 (tax inclusive), representing a cash dividend of RMB 3.00 (tax inclusive) for every 10 Shares held on the basis of the number of Shares on the record date for dividend distribution after deducting the repurchased 15,242,153 A Shares. Cash dividends of H Shares are distributed in Hong Kong dollars, the actual amount of which is calculated based on the average benchmark exchange rate for conversion between RMB and Hong Kong dollar as announced by the People's Bank of China of the five business days before the date of the AGM (i.e. from April 30, 2024 to May 9, 2024). If the Shareholders approve the 2023 final dividend at the AGM, the date of dividend distribution for A Shares and H Shares is July 3, 2024.

Date of shareholders' approval is 10 May 2024.