CITIC Securities: Subsidiary under investigation by Hong Kong Securities and Futures Commission and Independent Commission Against Corruption, business operations are normal.

Citic Securities announced that the company has noticed recent media reports that one of its subsidiaries in Hong Kong is being investigated by the Securities and Futures Commission and the Independent Commission Against Corruption. After verification, on March 10, 2026, the Securities and Futures Commission and Independent Commission Against Corruption visited the business premises of the Hong Kong subsidiary with a search warrant and took away some documents. An employee of the Hong Kong subsidiary was questioned by the Independent Commission Against Corruption. The company takes this matter very seriously and will continue to closely monitor the progress. The company confirms that as of the date of the announcement, the operations of the company and its Hong Kong subsidiary are normal, and all business activities are proceeding as usual. The company will fulfill its disclosure obligations in accordance with the listing rules of the stock exchange where it is listed.