Bank of Qingdao Co., Ltd. has received the "Reply on the Qualification Approval of WU XIANMING by the CBIRC Qingdao Office" (Qing Yin Bao Jian Fu in which the Qingdao Office of China Banking and Insurance Regulatory Commission has approved the qualification of Mr. Wu Xianming as the executive director and president of the Bank. According to relevant requirements, Mr. Wu Xianming shall serve as the executive director and president of the Bank, the chairman of the Risk Management and Consumer Rights Protection Committee, a member of the Strategy Committee, a member of the Nomination Committee and a member of the Network Security and Information
Technology Committee of the Board with effect from 20 March 2023.