The board of directors of Bank of Tianjin Co., Ltd. announce that Mr. YU Jianzhong has been elected as the Chairman of the seventh session of the Board of the Bank for a term until the expiry of the seventh session of the Board. Mr. YU's qualification as the Chairman of the Board will become effective upon the approval by the regulatory authority. The Board has considered and approved the relevant resolutions.

Starting from 24 July 2023, Mr. YU will serve as the Chairman of the Strategic Development Committee of the seventh session of the Board of the Bank, a member of the Nomination and Remuneration Committee of the seventh session of the Board of the Bank and a member of the Inclusive Finance Development and Consumer Rights Protection Committee of the seventh session of the Board of the Bank.