A Hong Kong subsidiary of CITIC SEC(06030) is being investigated by the Hong Kong Securities and Futures Commission and the Independent Commission Against Corruption. All business operations of the company are continuing as normal.

CITIC SEC (06030) announced that the board has noted recent reports by some media regarding an investigation by the Securities and Futures Commission and the Independent Commission Against Corruption into a Hong Kong subsidiary of the company, as well as the fluctuation in trading price and volume of the company's H-shares on the Hong Kong Stock Exchange on March 12, 2026. The board hereby clarifies the following: The company has learned that on March 10, 2026, the Hong Kong Securities and Futures Commission and the ICAC visited the business premises of the subsidiary with a search warrant and took away some documents. An employee of the subsidiary was questioned by the ICAC. The company attaches great importance to this matter and will continue to closely monitor its progress. The board hereby confirms that as of the date of this announcement, the group's operations are normal, all businesses are operating as usual, and all activities are being conducted in an orderly and compliant manner. After conducting all reasonable inquiries into the company's related situation, the board confirms that, apart from the investigation, they are not aware of any reasons for the fluctuations, any material information that must be disclosed to avoid the appearance of a false market in the company's securities, or any insider information that must be disclosed under Part XIV A of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).