CMSC (06099) resolves to appoint Liu Bo as the company's president.

CMSC (06099) announced that the Board resolved at a meeting held on September 30, 2026 to appoint Mr. Liu Bo (Mr. Liu) as the president of the Company, with effect from September 30, 2026. From the date of Mr. Liu's appointment, Mr. Zhu Jiangtao, the chairman of the Company, will cease to act as the president of the Company on an interim basis, and Mr. Liu will cease to serve as the vice president of the Company. The Board also resolved to nominate Mr. Liu as a candidate for executive director of the eighth session of the Board of the Company. Mr. Liu's appointment shall take effect only after being considered and approved by the shareholders of the Company (the Shareholders) by ordinary resolution at the general meeting of the Company (the General Meeting). The term of Mr. Liu as an executive director shall commence from the date on which the resolution appointing him as an executive director of the eighth session of the Board is passed by the Shareholders by ordinary resolution at the General Meeting and shall continue until the expiry of the term of the eighth session of the Board. According to the Articles of Association of the Company, Mr. Liu may stand for re-election upon expiry of his term. The Board hereby announces that the Board resolved at the meeting held on September 30, 2026 to (1) appoint Mr. Xiong Zhigang as a member of the risk management committee of the Board with effect from September 30, 2026; and (2) subject to the passing of the ordinary resolution at the General Meeting approving Mr. Liu as an executive director, appoint Mr. Liu as a member of the strategy and sustainable development committee of the Board. In addition, according to the working rules of the risk management committee of the board of directors of CMSC Co., Ltd., as Mr. Zhu Jiangtao will cease to act as the president of the Company on an interim basis, Mr. Zhu Jiangtao will cease to serve as a member of the risk management committee of the Board with effect from September 30, 2026; and subject to the passing of the ordinary resolution at the General Meeting approving Mr. Liu as an executive director, Mr. Liu will serve as a member of the risk management committee of the Board. The term of Mr. Liu as a member of the strategy and sustainable development committee and the risk management committee of the Board shall commence from the date on which the resolution appointing him as an executive director of the eighth session of the Board is passed by the Shareholders by ordinary resolution at the General Meeting and shall continue until the expiry of the term of the eighth session of the Board.