Guangzhou Automobile Group (02238): Cao Xiaojun appointed as non-executive director.

Guangzhou Automobile Group (02238) announced that Mr. Cao Xiaojun has been appointed as a non-executive director with a term consistent with the current board of directors. The six-year terms of the current four independent non-executive directors, Mr. Zhao Fuquan, Mr. Xiao Shengfang, Mr. Wang Keqin, and Mr. Song Tiebo, will expire on May 29, 2026. They will no longer serve as independent non-executive directors or members of relevant board committees after the annual general meeting. Mr. Yang Diange, Mr. Zhang Yanlong, Mr. Zhu Zhengfu, and Mr. Li Wenjing have been appointed as independent non-executive directors with terms consistent with the current board of directors. As of the same date, Mr. Yang Diange has been appointed as a member of the Strategic Committee and the Remuneration and Assessment Committee; Mr. Zhang Yanlong has been appointed as the chairman of the Remuneration and Assessment Committee, as well as a member of the Strategic Committee, the Nomination Committee, and the Audit Committee; Mr. Zhu Zhengfu has been appointed as the chairman of the Nomination Committee and a member of the Audit Committee; and Mr. Li Wenjing has been appointed as the chairman of the Audit Committee, as well as a member of the Remuneration and Assessment Committee and the Strategic Committee. In addition, Mr. Ge Xianqing has been appointed as a member of the Strategic Committee, and Ms. Hong Suli has been appointed as a member of the Nomination Committee. Since Ms. Hong Suli has become a member of the Nomination Committee, the Nomination Committee will include a director of a different gender, in accordance with Rule B.3.5 of Appendix C1 of the Corporate Governance Code (effective from July 1, 2025). Meanwhile, Mr. Zhou Kaiquan will no longer serve as a member of the Strategic Committee, the Remuneration and Assessment Committee, and the Nomination Committee. Mr. Feng Xingya and Ms. Hong Suli will continue to serve as the chairman and member of the Strategic Committee, respectively. The terms of office of the members of the Seventh Board's Special Committees are the same as those of the current Board of Directors.