Zhongyuan Bank Co., Ltd. at the EGM held on May 8, 2023, announced appointment of Mr. Guo Hao as an executive Director of the second session of the Board of the Bank, which was approved by the Shareholders of the Bank at the EGM. The above appointment is subject to the approval of his qualification by the China Banking and Insurance Regulatory Commission Henan Office. Unless otherwise stated, terms used herein shall have the same meanings as those defined in the Circular.

The Board further announced that Mr. GUO Hao was elected as the chairman of the Board (the Chairman) and the chairman of the strategy and development committee under the Board (the Strategy and Development Committee) at the meeting of the Board held on May 15, 2023, of which, (i) the appointment of Mr. GUO Hao as the chairman of the Strategy and Development Committee takes effect from the date of this announcement; and (ii) the appointment of the Chairman will be effective from the date of approval by the China Banking and Insurance Regulatory Commission Henan Office on the qualifications of Mr. GUO Hao as the Chairman to the expiry date of the term of office of the second session of the Board, subject to re-election upon the expiry of his term of office.