The board of directors of Bank of Chongqing Co., Ltd. has recently received a resignation letter from Ms. LIN Jun ("Ms. LIN"), an executive director of the Bank and the chairman of the Board, informing of her resignation from her positions as an executive director of the Bank, the chairman of the Board and the chairman of the Strategy and Innovation Committee, a member of the Nomination Committee and a member of the Remuneration and Appraisal Committee under the Board, due to reaching the age of retirement. Pursuant to the requirements under relevant laws and regulations and the articles of association of the Bank, the resignation of Ms. LIN takes effect from January 11, 2024. Upon her resignation, Ms. LIN ceases to hold any position with the Bank.

Ms. LIN confirmed that she has no disagreement with the Board, and there is no matter relating to her resignation that needs to be brought to the attention of the shareholders of the Bank. Since 2017, Ms. LIN has served as the Secretary to the Party Committee of the Bank and the chairman of the Board successively. During her tenure, she has been diligent and responsible, realistic and pragmatic, pioneering and innovative, and forging ahead with determination.

She has devoted a lot of energy and efforts to the Bank for its deepening reform and innovation, serving the real economy and preventing and controlling financial risks, and has made important contributions to the high-quality development of the Bank. On January 11, 2024, the Board considered and approved Mr. GAO Song, an executive director and president of the Bank, performing of duties of the chairman of the Board until the election and regulatory approval of the qualifications of the new chairman of the Board.