Baidu, Inc. announced that Ms. Sandy Ran Xu ("Ms. Xu") has been appointed as an independent director of the Company, effective from January 1, 2024. The directors of the Company determined that Ms. Xu had valuable and relevant qualifications and experience that qualified her as an independent director, and it is in the best interests of the Company to appoint Ms. Xu as an independent director of the Company. Ms. Xu has served as CEO and executive director of JD.com since May 2023.

Prior to her current role, Ms. Xu served as CFO of JD.com from June 2020 to May 2023. Prior to joining JD.com, Ms. Xu was an audit partner and spent nearly 20 years with PricewaterhouseCoopers Zhong Tian LLP, Beijing office and PricewaterhouseCoopers, San Jose office. Ms. Xu currently also serves as a director of Yonghui Supermarket Co.

Ltd. Ms. Xu was a Certified Public Accountant in both China and the United States. Ms. Xu received her bachelor's degree with a double major in information science and economics from Peking University.