HAITONG UT (01905) announced that Mr. Zhang Xinjun will step down as a non-executive director at the upcoming annual general meeting due to work responsibility adjustments. Mr. Wu Shukun will also retire as a non-executive director and as a member of the Board's Environment, Social, and Governance Committee for the same reason. Additionally, Mr. Zhang Shaohua will retire as a non-executive director and as a member of the Board's Risk Management Committee and Audit Committee, also due to work responsibility adjustments. All three have decided not to seek re-election. The Remuneration, Assessment, and Nomination Committee resolved to nominate Mr. Dong Boyang and Mr. Ao Qishun as non-executive directors. The Board of Directors also resolved and approved the nomination of Mr. Dong Boyang and Mr. Ao Qishun as non-executive directors, as well as the re-election of the incumbent non-employee directors (excluding the retiring directors) as directors, on March 27, 2026. The appointments of Mr. Dong Boyang and Mr. Ao Qishun as non-executive directors and the re-election of the incumbent non-employee directors (excluding the retiring directors) are subject to review and approval by shareholders at the annual general meeting.