KANZHUN LIMITED Announces Board Changes and Appointment of President

Group 1 - KANZHUN LIMITED announced the resignation of Ms. Mengyuan Dong as an independent non-executive director effective August 20, 2025, to focus on personal business commitments [1] - Ms. Hongyu Liu has been appointed as the chairman of the audit committee and a member of the corporate governance committee, effective August 20, 2025 [2] - Mr. Yan Li has been appointed as a member of the compensation committee, effective August 20, 2025 [2] Group 2 - Mr. Xu Chen has been appointed as the president of the Company, effective August 20, 2025, to optimize governance structure and improve organizational efficiency [3] - Mr. Chen will report to Mr. Peng Zhao, the founder, Chairman, and CEO, and will cease to act as the Chief Marketing Officer while remaining an executive director [3] Group 3 - The Company expressed gratitude to Ms. Dong for her contributions and welcomed Ms. Liu, Mr. Li, and Mr. Chen for their new roles, highlighting their expertise as valuable assets for the Company's development [4] Group 4 - KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China, connecting job seekers and enterprise users through a highly interactive mobile app [6] - The platform promotes two-way communication and intelligent recommendations, creating new scenarios in the online recruiting process [6] - BOSS Zhipin benefits from a large and diverse user base, developing powerful network effects that enhance recruitment efficiency and drive rapid expansion [6]