HAITONG UT (01905) announced that the board of directors received a resignation letter from Mr. Zhao Jianxiang on August 20, 2025. Due to personal reasons, Mr. Zhao Jianxiang has resigned from his positions as executive director and chairman of the company, as well as his roles as member of the board risk management committee, and member and chairman of the board environmental, social and governance committee. On the same day, Mr. Zhao Jianxiang also stepped down from his position as authorized representative of the company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (Listing Rules).

To ensure the normal operation of the company, and in accordance with the relevant provisions of the Company Law of the People's Republic of China and the company's articles of association, all directors unanimously agreed through written resolution on August 20, 2025 that Ms. Zhou Jianli, executive director of the company, shall act as chairman, member of the risk management committee, chairman of the environmental, social and governance committee, and legal representative of the company from August 20, 2025, pending the election and appointment of a new chairman.

The board of directors announced that all directors resolved through written resolution on August 20, 2025 to appoint executive director Ms. Zhou Jianli as authorized representative of the company under Rule 3.05 of the Listing Rules, effective from August 20, 2025.