Guotai Junan International Holdings Limited has been unable to reach Dr. YIM Fung, Chairman of the Board, Executive Director and Chief Executive Officer of the Company since 18 November 2015. As Dr. Yim currently cannot discharge his duties, the Board resolved on 22 November 2015 to appoint Ms. QI Haiying, Executive Director and Deputy Chief Executive Officer of the Company, to temporarily act as Chairman of the Board until further notice. In addition, the Board resolved to appoint Mr. WONG Tung Ching, Executive Director and Deputy Chief Executive Officer of the Company, to temporarily act as Chief Executive Officer of the Company until further notice.