The Twenty-eighth Meeting of the Second Session of the Board of Directors (the "Board") of China International Capital Corporation Limited (the "Company") was held on January 13, 2023, at which the appointments of Mr. Xu Yicheng, Mr. Wang Jianli and Mr. Wang Shuguang as members of the Management Committee of the Company were approved and shall take effect from the date of consideration and approval by the Board. After being appointed as a member of the Management Committee of the Company, Mr. Xu Yicheng will no longer serve as the Assistant President. The biographies of Mr. Xu Yicheng, Mr. Wang Jianli and Mr. Wang Shuguang are as follows: Mr. Xu Yicheng, born in October 1974, has been appointed as the Assistant President of the Company since March 2020 and the Head of the Asset Management Department since February 2020. He joined the Investment Banking Department of the Company in January 2000, and became a Managing Director in January 2008. He took several positions successively at the Company, including the Secretary to the Board of Directors, Head of Strategic Development Department, and Head of Firm Office. As one of China's first mergers and acquisitions (M&A) professionals, Mr. Xu
founded and led the Company's M&A business since 2005. Mr. Xu was responsible for and closed a large number of landmark M&A transactions with a total value of more than USD 150 billion, and led the team to top the China M&A leaderboard for five consecutive years (2006-2010). In recent years, Mr. Xu has assisted in formulating the Company's medium and long-term strategic planning, including wealth management business strategy, asset management business strategy and other significant strategies, and took the lead in accomplishing important capital operations such as the acquisition of CISC and the introduction of Tencent as a strategic investor. Mr. Xu obtained a bachelor's degree in Arts from Beijing Foreign Studies University in 1997 and a master's degree in economics from the Graduate School of the People's Bank of China in 2000. Mr. Wang Jianli, born in August 1971, has been appointed as a member of the Executive
Committee of China CICC Wealth Management Securities Company Limited (formerly known as "China Investment Securities Company Limited", both of which are hereinafter referred to as "CICC Wealth Management Securities") since January 2017, the Vice President of CICC Wealth Management Securities since March 2017, and the Head of the Omni-channel Platform Tribe and the Head of Strategic Service Development Center at CICC Wealth Management Securities since July 2022. He took several roles at CICC Wealth Management Securities including the General Manager of Guangzhou Branch, Head of Client Relationship Tribe, Assistant President, General Manager of Trading Operations Department, General Manager of Brokerage Business Headquarters, General Manager of Marketing Service Headquarters, General Manager of Marketing Department, General Manager of Product Center, General Manager of Wealth Management Department, etc. He once served as Deputy General Manager of Brokerage Business Headquarters, General Manager of Marketing Department, and General Manager of the Outlet of Shuiyin Road, Guangzhou at China Jianyin Investment Securities Company Ltd. (the predecessor of China Investment Securities Company Limited), Deputy General Manager at Guangzhou and Jinan Management Headquarters, and general manager assistant of Human Resources Department of China Southern Securities Co. Ltd. (the predecessor of China Investment Securities Company Limited). Mr. Wang obtained a bachelor's degree in economics from Renmin University of China in 1992, and an EMBA degree from Peking University. Mr. Wang Shuguang, born in November 1974, has been appointed as the Head of the Investment Banking Department of the Company from July 2022. He joined the Investment Banking Department of the Company in 1998 and became a Managing Director of the Company in January 2010. He took several positions in the Company, including the Head of Growth Enterprise Investment
Banking Department, and Co-head of CICC Capital Management Department. Mr. Wang obtained dual bachelor's degrees in science and economics at Tsinghua University in 1996, and a master's degree in engineering at Tsinghua in 1998.