The board of directors of Guotai Junan International Holdings Limited announced the following changes in the members of the board and the board committees of the company, which will take effect from 31 December 2023: Mr. TSANG Yiu Keung has tendered his resignation as an independent non-executive director of the company in order to pursue his other personal commitments, which will take effect from 31 December 2023. Mr. TSANG has confirmed that he has no disagreement with the Board and there are no other matters in relation to his resignation as an independent non-executive director of the company that need to be brought to the attention of the shareholders of the company. Upon the date of Mr. TSANG's resignation, he will also cease to be the chairman of the audit committee and a member of the nomination committee, the remuneration committee and the risk committee of the company.

The board has resolved that Mr. LIU Chung Mun, an independent non-executive director of the company, will be re-designated as the chairman, from a member, of the audit committee of the company, and he will be appointed as a member of the nomination committee of the company, both with effect from 31 December 2023.