Guangzhou Automobile Group Co., Ltd. held a staff representatives' meeting on 24 February 2023 whereat Ms. Wang Yuan was elected as the staff representative supervisor of the sixth session of the supervisory committee of the Company by way of secret ballot. Mr. Shi Lei has resigned as the staff representative supervisor of the Supervisory Committee due to work reallocation. The above changes were effective from 27 February 2023.

Mr. Shi confirms that he has no disagreement with the board of directors of the Company, the Supervisory Committee and the Company, and there are no matters in respect of his resignation that need to be brought to the attention of the shareholders of the Company. The biographical details of Ms. Wang, the newly appointed staff representative supervisor of the Company, are as follows: Ms. Wang, aged 43, is currently the deputy secretary and the director of the general office of the disciplinary committee of the Company. She has previously served as the deputy director of the general office of the disciplinary committee of the Company, the branch general party secretary of the technology centre of and the chairman of the labor union of GAC Component Co., Ltd. Ms. Wang graduated from the Department of Information Management of the School of Information Science and Technology of Sun Yat-sen University with a bachelor's degree in management in July 2002, and obtained a master's degree in business administration from Lingnan College, Sun Yat-Sen University in June 2009.

The term of office of Ms. Wang commences from 27 February 2023 and ends on the expiration of the term of the sixth session of the Supervisory Committee. Ms. Wang will not receive any remuneration from the Company in respect of her role as the staff representative supervisor of the Company. As at the date of this announcement, Ms. Wang beneficially owned 37,740 restricted A shares and 198,740 A share options of the Company.