The board of directors of Guotai Junan International Holdings Limited has been notified by Dr. HU Xupeng (Dr. HU) that, due to work arrangement of the group, he will not offer himself for re-election at the AGM. As such, he will retire from office as a non-executive director of the Company with effect from the conclusion of the AGM. He will also cease to be a member of risk committee of the Company upon his retirement.

Consequently, the ordinary resolution numbered 3(ii) in respect of Dr. HU's re-election as a non-executive director of the Company as set out in the AGM Notice and the Proxy Form, respectively, is no longer applicable and will not be put forward for consideration and approval by the shareholders of the Company at the AGM.