The board of directors of Bank of Communications Co., Ltd. announced that due to his age, Mr. Gu Sheng has submitted a written report to the Board, pursuant to which he resigned from the positions as the Secretary of the Board, the Company Secretary and the Authorized Representative of the Bank with effect from 28 February 2023. Mr. Gu Sheng has confirmed that he has no disagreement with the Board and the senior management and there is no
matter relating to his resignation that needs to be brought to the attention of the shareholders and creditors of the Bank. The Bank will appoint a new Secretary of the Board, Company Secretary and Authorized Representative as soon as possible in accordance with the relevant requirements under the laws, regulations and the articles of association, and make further announcement in a timely manner. Mr. Zhou Wanfu, the Executive Vice President, will perform the duties of the Secretary of the Board during the vacancy of the Secretary of the Board.