China Yuchai International Limited announced that the Board of Directors has appointed Mr. Wong Hong Wai as a member of Audit Committee and Mr. Xie Tao as a member of Compensation Committee. Mr. Wong Hong Wai was appointed as a Director of the Company on March 1, 2023 and was subsequently re-designated as Independent Director on April 21, 2023. With Mr. Wong's appointment as an Audit Committee member, the Audi Committee of the Company shall consist of three independent members.

Mr. Xie Tao is an Independent Director of the Company and Guangxi Yuchai Machinery Company Limited, the Company's main operating subsidiary in China. Mr. Xie is also the Chairman of the Audit Committee of the Company. With Mr. Xie's new appointment, the Compensation Committee of the Company shall consist of three members, the majority of whom are independent.

The Board of Directors of the Company believes that the extensive business and management experience of Mr. Wong and Mr. Xie will contribute towards the competencies of the respective Committees.