On April 21, 2020, the Board, upon the recommendation of the Board’s Nominating and Corporate Governance Committee of AssetMark Financial Holdings, Inc. appointed Ms. Xiaoning Jiao as the Chairperson and a Class III member of the Board, effective April 21, 2020, to fill the vacancy on the Board resulting from the resignation of Ms. Liu to serve until the Company’s 2022 Annual Meeting of Stockholders and her successor is duly elected and qualified, or until her earlier resignation, retirement or other termination of service. Ms. Jiao will not initially serve on any committee of the Board. Ms. Jiao, age 50, has served as the Chief Financial Officer of Huatai Securities Co. Ltd. since March 5, 2020. Ms. Jiao has worked in the finance industry for over two decades and has extensive regulatory experiences. Prior to joining HTSC, she was the Deputy Director General of Department of Accounting at the China Securities Regulatory Commission (the “CSRC”) from 2014 to 2020.