CITIC (00267): Citic Press Corporation appoints Duan Jiaqiang as General Manager.

CITIC (00267) Announcement: Citic Press Corporation Group Limited (hereinafter referred to as the "Company") held the 23rd (extraordinary) meeting of the fifth Board of Directors on November 20, 2024, and passed the resolutions on the "Proposal for Supplementary Election of Non-Independent Directors of the Fifth Board of Directors of the Company," "Proposal for Supplementary Election of Independent Directors of the Fifth Board of Directors of the Company," and "Proposal for the Appointment of Senior Management of the Company." The proposals for the supplementary election of non-independent directors and independent directors of the fifth Board of Directors of the Company still need to be submitted to the second extraordinary general meeting of shareholders of the Company in 2024 for approval. The specific details are as follows: 1. In order to improve the corporate governance structure, Mr. Duan Jiaqiang was nominated by the Nomination Committee of the Board of Directors and recommended as a candidate for non-independent director of the fifth Board of Directors of the Company, with a term from the date of approval by the shareholders' meeting to the expiration of the term of the fifth Board of Directors. 2. Mr. Su Jian was nominated by the Nomination Committee of the Board of Directors as a candidate for independent director of the fifth Board of Directors of the Company. Upon approval by the shareholders' meeting, Mr. Su Jian will also be appointed as a member of the Strategic Committee, the Nomination Committee, and the Remuneration and Assessment Committee. The term of the aforementioned positions will be from the date of approval by the shareholders' meeting to the expiration of the term of the fifth Board of Directors. 3. In order to enhance the senior management team of the Company, Mr. Chen Wei will no longer hold the position of General Manager of the Company, with his term ending upon the expiration of the fifth Board of Directors. The Board of Directors received Mr. Chen Wei's resignation letter recently. After resigning as General Manager, Mr. Chen Wei will continue to serve as Chairman of the Board. As of the date of this announcement, Mr. Chen Wei does not hold any shares of the Company and has no unfulfilled commitments. In light of the above circumstances and considering the earlier announcement that Mr. Qin Aimin resigned as Secretary of the Company's Disciplinary Committee due to job transfer, the 23rd (extraordinary) meeting of the fifth Board of Directors approved the appointment of Mr. Duan Jiaqiang as the General Manager of the Company and the appointment of Mr. Su Bin as the Secretary of the Disciplinary Committee. The term of the above appointments will be from the date of approval by the Board of Directors to the expiration of the fifth Board of Directors.