SAIMO (02571): Electing Hu Dalin as Chairman

SAIMO (02571) announced that the board of directors resolved to elect Mr. Hu Dalin as the chairman of the board. The second board of supervisors is composed of three supervisors, Dr. Cao Gang and Mr. Ni Jie as non-employee representative supervisors, and Ms. Xue Na as an employee representative supervisor. The first meeting of the second board of supervisors was held on October 16, 2025. During the meeting, the board of supervisors resolved to elect Dr. Cao Gang as the chairman of the board of supervisors. At the board of directors meeting, the board also resolved to elect Mr. He Feng as the company's general manager, with a term from the date of the board of directors meeting until the expiration of the term of the second board of directors.