Guotai Haitong board approves overseas subsidiary's acquisition of Indonesian securities firm

Guotai Haitong Securities Co., Ltd. (the Company) held the eighth (ad hoc) meeting of its seventh board of directors on November 17, 2025, through telecommunication voting. The meeting's notification and documents were distributed via email on November 10, 2025. All 18 eligible directors participated in the voting, ensuring the meeting adhered to relevant company law and articles of association.

During the meeting, the proposal regarding the acquisition of an Indonesian securities company by the company's overseas subsidiary was reviewed and unanimously approved. The voting results showed 18 votes in favor, 0 votes against, and 0 abstentions. This resolution had previously undergone a preliminary review by all members of the company's board strategy and ESG committee.

This announcement, dated November 18, 2025, confirms the board's decision to proceed with the acquisition, marking a notable development in Guotai Haitong Securities' international expansion strategy. The board of directors guarantees the factual accuracy, precision, and completeness of this announcement, accepting legal responsibility for its content.