The board of directors of China Merchants Securities Co., Ltd. announced that (1) Mr. LIU Zhenhua, a non-executive director (the "Director(s)") of the Company, has been appointed as a member of the Strategy and Sustainability Committee under the Board; (2) Ms. LIU Hui, a non-executive Director, has been appointed as the chairman of the Risk Management Committee and a member of each of the Strategy and Sustainability Committee and the Remuneration and Appraisal Committee under the Board; and (3) Mr. LI Delin, a non-executive Director, has been appointed as a member of the Risk Management Committee under the Board, all with effect from October 29, 2024. The Strategy and Sustainability Committee, the Risk Management Committee and the Remuneration and Appraisal Committee under the Board comprise of the following Directors from October 29, 2024: Strategy and Sustainability Committee Chairman: Mr. HUO Da Members: Mr. WU Zongmin, Mr. LIU Zhenhua, Ms. LIU Hui, Mr. ZHANG Mingwen, Ms. DING Lusha and Ms. CHEN Xin Risk Management Committee Chairman: Ms. LIU Hui Members: Mr. WU Zongmin, Mr. LIU Weiwu, Mr. LI Delin, Mr. ZHANG Mingwen, Ms. DING Lusha and Ms. CHEN Xin Remuneration and Appraisal Committee Chairman: Ms. CHEN Xin Members: Ms. LIU Hui, Mr. LI Xiaofei, Mr. YIP, Ying Chi Benjamin and Mr. FENG Jinhua.