Geely Automobile Holdings Limited announced that effective 16 May 2023, (i) Mr. Gui Sheng Yue ("Mr. Gui"), an executive director and Chief Executive Officer of the Company, no longer serves as a member of the nomination committee (the "Nomination Committee") of the Board; and (ii) Ms. Wei Mei ("Ms. Wei"), an executive director of the Company, no longer serves as a member of the remuneration committee (the "Remuneration Committee") of the Board. The above changes aim to improve the Company's corporate governance, particularly the independence of the Board committees.
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