CITIC Limited — Board/Management Information 2016

Apr 11, 2016

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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CHANGES TO THE BOARD

The board of directors (the “Board”) of CITIC Limited (the “Company”) announces the following changes with effect from 12 April 2016:

(1) Resignation of Mr Yu Zhensheng from the Board as a Non-executive Director; and

(2) Appointment of Ms Yan Shuqin as a Non-executive Director.

The Board of the Company announces the following changes:

1. Resignation of Mr Yu Zhensheng from the Board as a Non-executive Director

Due to his other work commitments, Mr Yu Zhensheng (“Mr Yu”) is resigning from the Board as a Non-executive Director of the Company with effect from 12 April 2016.

Mr Yu has confirmed that he has no disagreement with the Board and there is no matter that needs to be brought to the attention of the shareholders of the Company.

Mr Yu has been a director of the Company since September 2014. He has provided valuable service and support to the Company during his tenure of office. The Chairman and the Board express their sincere gratitude to Mr Yu for his service and valuable contributions made to the Company.

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2. Appointment of Ms Yan Shuqin as a Non-executive Director

Ms Yan Shuqin (“Ms Yan”), aged 55, has been appointed as a Non-executive Director of the Company with effect from 12 April 2016.

Ms Yan is currently serving as chief inspector of Ningbo Supervision & Inspection Office of Ministry of Finance. She worked with several posts in Ministry of Finance as staff member, senior staff member, principal staff member, deputy director, director, assistant inspector, deputy inspector and chief inspector in Jiangxi Supervision & Inspection Office and Ningbo Supervision & Inspection Office. She graduated from Jiangxi University of Finance and Economics with a bachelor’s degree in economics. She is a Certified Public Accountant.

There is no service contract entered into between the Company and Ms Yan. She has entered into a letter of appointment with the Company and pursuant to the Company’s articles of association, she will hold office only until the next following annual general meeting, or if earlier, the next following extraordinary general meeting of the Company and will then be eligible for re-election at such meeting. Thereafter, she will be subject to retirement by rotation and re-election in accordance with the Company’s articles of association. No director’s fee will be paid to Ms Yan in respect of her appointment as a Non-executive Director of the Company.

As at the date hereof, Ms Yan does not have any interest in the ordinary shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance. Save as disclosed above, she does not have relationships with any directors, senior management, substantial shareholders or controlling shareholders of the Company, and does not hold and has not held in the last three years any directorships in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas.

In relation to the appointment of Ms Yan as a Non-executive Director of the Company, there is no information to be disclosed pursuant to any of the requirements of Rules 13.51(2)(h) to 13.51(2)(v) of the Listing Rules nor are there other matters that need to be brought to the attention of the shareholders of the Company.

The Board would like to extend its warmest welcome to Ms Yan on her appointment.

By Order of the Board CITIC Limited Chang Zhenming Chairman

Hong Kong, 11 April 2016

As at the date of this announcement, the executive directors of the Company are Mr Chang Zhenming (Chairman), Mr Wang Jiong, Ms Li Qingping and Mr Pu Jian; the non-executive directors of the Company are Mr Yu Zhensheng, Mr Yang Jinming, Mr Liu Yeqiao, Mr Song Kangle, Mr Liu Zhongyuan, Mr Yang Xiaoping and Mr Li Rucheng; and the independent non-executive directors of the Company are Mr Francis Siu Wai Keung, Dr Xu Jinwu, Mr Anthony Francis Neoh, Ms Lee Boo Jin, Mr Noriharu Fujita and Mr Paul Chow Man Yiu.

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