BAIC MOTOR (01958) has announced that, due to work reassignments, (i) Mr. Wang Hao will step down from his roles as Chairman, Executive Director, Chairman of the Board Strategy and Sustainable Development Committee, and Chairman of the Board Nomination Committee; (ii) Ms. Zhu Yan will resign as Executive Director and member of the Strategy and Sustainable Development Committee; and (iii) Mr. Sun Li will cease to serve as Non-Executive Director and member of the Strategy and Sustainable Development Committee. These changes will take effect from the date when the new director appointments are approved.

The board has proposed the following appointments: (i) Mr. Zhang Guofu as a Non-Executive Director. Should shareholders approve his appointment as Non-Executive Director, the board will further propose his nomination as Chairman; (ii) Ms. Zheng Mingying as an Executive Director; and (iii) Mr. Zhou Jianyu as a Non-Executive Director. All appointments will be effective from the date of shareholder approval until the conclusion of the fifth board of directors' term.