MIDEA REAL EST (03990) Appoints Zhao Jun as Chairman and Non-Executive Director

MIDEA REAL EST (03990) announces that, with effect from October 20, 2026, Mr. Zhao Jun, currently a non-executive director, has been re-designated as Chairman and non-executive director, and has been appointed as chairman of the nomination committee; Mr. Wang Dazai, currently Chairman, executive director and president, has been re-designated as executive director and president, and will cease to be chairman of the nomination committee. With effect from November 20, 2026, Mr. Wang Dazai will resign as executive director and president, Mr. She Zuojun will resign as executive director, Mr. He Jianfeng will resign as non-executive director, Mr. Wang Nanjie will be appointed as executive director and president, Ms. Huang Yishan will be appointed as executive director, and Ms. Zheng Minzhi will be appointed as executive director. In addition, Mr. Wang Dazai will cease to be an authorized representative and a member of the remuneration committee; and Mr. Wang Nanjie will be appointed as an authorized representative and a member of the remuneration committee.