Bank of Gansu Co., Ltd. dated December 27, 2021, in relation to the stepping down of Mr. WANG Wenyong as an executive Director, the president of the Bank and positions in the relevant committees under the board of directors due to work rearrangement. Unless the context otherwise requires, all the terms used herein shall have the same meanings as defined in the Announcement. In accordance with the relevant provisions of the Company Law of the People's Republic of China and the Articles of Association of the Bank, on January 21, 2022, the board of directors of the Bank considered and approved the authorization and appointment of Mr. QIU Jinhu ("Mr. QIU"), vice president of the Bank, to act as president during the vacancy of the president for the period until the date of the election of the president by the board of directors.