The Board of Directors of China Merchants Bank Co., Ltd. has received a letter of resignation from Mr. Wang Liang, an Executive Director and the President of the Company. Mr. Wang Liang tendered his resignation to the Board of the Company as an Executive Director, a member of the Strategy and Sustainable Development Committee of the Board, a member of the Nomination Committee of the Board, the President, and an authorized representative (the ?Authorized Representative?) of the Company under Rule 3.05 of The Rules Governing the Listing of Securities (the ?Listing Rules?) on The Stock Exchange of Hong Kong Limited due to his age. The resignation of Mr. Wang Liang shall take effect from 30 April 2026, with the details as follows: Mr. Wang Liang has confirmed that he has no disagreement with the Board of the Company and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders and creditors of the Company.

Mr. Wang Liang joined China Merchants Bank in June 1995 and successively worked in the sub-branch, the branch, and the Head Office, with the positions of the General Manager of the sub-branch, General Manager of the branch, and the Executive Assistant President, Executive Vice President, Secretary of the Board, First Executive Vice President, Executive Director, and the President of the Company, dedicating himself to the development of China Merchants Bank for nearly 31 years. During his long career in China Merchants Bank, Mr. Wang Liang fully fulfilled his duties and obligations with dedication and professionalism, making significant contributions to the high-quality development of China Merchants Bank.