CITIC Limited — Board/Management Information 2018

May 25, 2018

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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CITIC Limited 中國中信股份有限公司

(Incorporated in Hong Kong with limited liability)

(Stock Code: 00267)

ANNOUNCEMENT

Reference is made to the circular dated 27 April 2018 (the “Circular”), notice of annual general meeting dated 27 April 2018 (the “AGM Notice”) and the related proxy form of CITIC Limited (the “Company”). Unless otherwise stated, capitalised terms used in this announcement shall have the same respective meanings as those defined in the Circular and the AGM Notice.

As set out in the Circular, Messrs. Liu Zhuyu, Wu Youguang and Shohei Harada who were appointed as Directors by the Board since the last annual general meeting shall hold office only until the Annual General Meeting, and shall then be eligible for re-election. Messrs. Wang Jiong, Song Kangle, Yang Xiaoping, Francis Siu Wai Keung and Anthony Francis Neoh shall retire by rotation at the Annual General Meeting and, all being eligible, offer themselves for re-election. On 24 May 2018, Mr. Peng Yanxiang (“Mr. Peng”) was appointed by the Board as a Non-executive Director (details of which are set out in the announcement of the Company dated 24 May 2018). In accordance with Article 95 of the Articles of Association of the Company, Mr. Peng, who was appointed as Director by the Board since the last annual general meeting, shall hold office only until the Annual General Meeting, and shall then be eligible for re-election. Mr. Peng, being eligible, offers himself for re-election at the Annual General Meeting.

In light of the above, the AGM Notice will be amended to include an additional resolution for the re-election of Mr. Peng as Director. Details of the amendment including the proposed additional resolution are set out in the Supplementary Notice of Annual General Meeting dated the same date. The biography of Mr. Peng is set out below.

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Mr. Peng Yanxiang (“Mr. Peng”), aged 55, a non-executive director of the Company with effect from 24 May 2018. Mr. Peng is a member of the audit and risk management committee. Mr. Peng worked with several posts in the Ministry of Finance as assistant engineer, engineer, deputy director, senior engineer, director of Computing Center, deputy chief engineer (director level), deputy director general, director general of Network Information Center. He graduated from Beijing Institute of Technology. He is a senior engineer. He worked and studied at TKC Corp. in Japan from February 1987 to February 1988 and acquired bookkeeping qualification. He has been appointed as a non-executive director of CITIC Group Corporation with effect from 18 April 2018.

No director’s fee will be paid to Mr. Peng in respect of his appointment as a non-executive director of the Company. Mr. Peng 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, he 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 his re-election as director, 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 Directors consider that the proposed re-election of Mr. Peng as mentioned above is in the best interests of the Company and the Shareholders as a whole. Accordingly, in addition to the recommendation contained in the Circular, the Directors recommend the Shareholders to vote in favour of the abovementioned additional resolution to be proposed at the Annual General Meeting.

By Order of the Board CITIC Limited Chang Zhenming Chairman

Hong Kong, 25 May 2018

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. Song Kangle, Ms. Yan Shuqin, Mr. Liu Zhuyu, Mr. Peng Yanxiang, Mr. Liu Zhongyuan, Mr. Yang Xiaoping and Mr. Wu Youguang; 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. Paul Chow Man Yiu and Mr. Shohei Harada.

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