China Development Bank Financial Leasing Co., Ltd. announced that Mr. LI Yingbao resigned as a non-executive director of the Company, a member of the Strategic Decision Committee, a member of the Risk Management and Internal Control Committee, a member of the Audit Committee and a member of the Remuneration Committee of the Board as he has reached the retirement age; Mr. YANG Guifang resigned as a non-executive director of the Company, a member of the Related Party Transaction Control Committee and a member of the Risk Management and Internal Control Committee of the Board due to change of work arrangements. Pursuant to the requirements of the articles of association of China Development Bank Financial Leasing Co., Ltd., the resignations of Mr. LI and Mr. YANG have become effective on 31 October 2023. During the period when Mr. LI and Mr. YANG acted as non-executive directors of the Company, Mr. LI and Mr. YANG performed their jobs with diligence and dedication.

They wholeheartedly safeguarded the interests of the Company and its Shareholders. The Board would like to take this opportunity to express its sincere gratitude to Mr. LI and Mr. YANG for their valuable contributions to the development of the Company during their terms of office.