China Bohai Bank Co., Ltd. announced the resignation of Mr. YE Baishou as a non-executive Director of the Bank and the election of Mr. DUAN Wenwu as a non-executive Director of the Bank. The Bank has recently received the Approval from the National Administration of Financial Regulation on the Qualification of DUAN Wenwu of CHINA BOHAI BANK (Jin Fu [2023] No. 417).

The National Administration of Financial Regulation has approved the qualification of Mr. DUAN as a Director of the Bank. Mr. DUAN has been a non-executive Director of the fifth session of the Board of the Bank and a member of the Development Strategy and Inclusive Finance Committee of the Board since November 1, 2023. Mr. YE has ceased to be a non-executive Director of the fifth session of the Board of the Bank and a member of the Development Strategy and Inclusive Finance Committee of the Board with effect from the same date.

The Board would like to express its sincere gratitude to Mr. YE for his contribution to the development of the Bank during his tenure of office and would like to take this opportunity to welcome Mr. DUAN on his new appointments in the Bank. Please refer to the Circular for the biographical details of Mr. DUAN.