The board of directors (Board) of CITIC Telecom International Holdings Limited (Company) announced that Mr. Cai Dawei will resign as an Chief Executive Officer of the Company with effect from 31 March 2023, for other commitments. Mr. Cai has confirmed that there is no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. Mr. Cai has served the Group since 2009 and has been an Executive Director and Chief Executive Officer of the Company since 28 February 2020.

He has devoted himself to the development of the Company and made significant contributions over the years. The Company is in the process of identifying a suitable person to fill the position of Chief Executive Officer and shall make further announcement as appropriate. Until the appointment of new Chief Executive Officer, the management team, including the Executive Directors, of the Company will continue to oversee the day-to-day management of the business and operations of the Company and its subsidiaries.