CITIC FAMC (02799) appoints Xiangchun Xiang as the Chairman of the Risk Management Committee.

CITIC FAMC (02799) announced that the Board of Directors has received resignation letters from Ms. Zhao Jiangping and Ms. Yuan Xin. Ms. Zhao resigned from (1) her position as a non-executive director of the company; (2) as the Chairman of the Board Risk Management Committee; and (3) as a member of the Board Strategic Development Committee, Board Audit Committee, and Board Nomination and Remuneration Committee, due to job transfer. Ms. Yuan also resigned from her position as a non-executive director of the company for the same reason. According to relevant regulations, the resignations of Ms. Zhao and Ms. Yuan will be effective from February 28, 2026. At the Board meeting held on February 28, 2026, the Board of Directors decided to appoint Mr. Xiangchun Xiang as the Chairman of the Board Risk Management Committee, a member of the Board Strategic Development Committee, and a member of the Board Nomination and Remuneration Committee; and Ms. Chen Yuanling as the Chairman of the Board Related Party Transaction Committee and a member of the Board Nomination and Remuneration Committee. The appointments of Mr. Xiang and Ms. Chen will be effective from February 28, 2026, and their term will be consistent with their directorship. Mr. Shao Jingchun's term has expired, and he will resign on the same day, no longer serving as (1) an independent non-executive director of the company; (2) Chairman of the Board Related Party Transaction Committee; and (3) a member of the Board Strategic Development Committee, Board Audit Committee, and Board Nomination and Remuneration Committee.