The board (the ‘Board') of directors (‘Director(s)') of Bank of Zhengzhou Co., Ltd. (the ‘Bank') hereby announced that Mr. WANG Tianyu (‘Mr. WANG') has resigned as the chairman of the Board, an executive Director, authorized representative (‘Authorized Representative'), chairman and member of the strategic development committee and member of the consumer rights protection committee with effect from March 21, 2023 as he intends to take on new position in accordance with the relevant work requirements for management personnel of financial corporations and the working arrangement of the organization. The Bank has received the resignation of Ms. ZHAO Lijuan (‘Ms. ZHAO') from her positions as the chairperson of the board of Supervisors, an employee Supervisor of the Bank and a member of the nomination committee of the board of Supervisors as she has reached retirement age, with effect from March 21, 2023. On March 21, 2023, the Board also approved the appointment of Ms. WANG Dan as a member of the strategic development committee and Mr. JI Hongjun as a member of the consumer rights protection committee, and the strategic development committee shall elect a chairperson at the forthcoming committee meeting, and further report the election result to the Board for approval.