BAIC MOTOR(01958): Chen Geng appointed as President

BAIC MOTOR (01958) announced that due to job changes, Mr. Hu Hanjun will no longer serve as a non-executive director, a member of the Board's Strategic and Sustainable Development Committee, and a member of the Board's Audit Committee; Mr. Chen Hongliang will no longer serve as a non-executive director and a member of the Strategic and Sustainable Development Committee; Mr. Song Wei will no longer serve as an executive director, a member of the Strategic and Sustainable Development Committee, a member of the Board's Compensation Committee, and a member of the Board's Nomination Committee; Mr. Peng Jin will no longer serve as a non-executive director and a member of the Strategic and Sustainable Development Committee. These changes will be effective from the date of the appointment of the new directors. Mr. Song Wei will also cease to hold the position of President of the company on November 29, 2025. The Board recommends the appointment of Mr. Gu Xin as a non-executive director and a member of the Strategic and Sustainable Development Committee and the Audit Committee; Mr. Chen Geng as an executive director and a member of the Strategic and Sustainable Development Committee, the Compensation Committee, and the Nomination Committee; Ms. Zhu Yan as an executive director and a member of the Strategic and Sustainable Development Committee. All terms will be in effect from the date of approval at the shareholders' meeting until the end of the fifth term of the Board. The Board held a meeting on November 29, 2025, where Mr. Chen Geng was appointed as President, with a term of office from November 29, 2025, until the end of the fifth term of the Board.