China Development Bank Financial Leasing Co., Ltd. announced the appointments of independent non- executive directors. In the 2022 second extraordinary general meeting of the Company held on 30 December 2022, Mr. LI Haijian and Mr. LIU Ming were elected as independent non-executive directors of the second session of the board of directors of the company. The company has recently been informed that the Shenzhen Supervision and Administration Bureau of the National Administration of Financial Regulation has approved the qualifications of Mr. LI Haijian and Mr. LIU Ming as independent non- executive directors of the Company.

Accordingly, the appointments of Mr. LI Haijian and Mr. LIU Ming as independent non-executive directors of the Company took effect from 23 August 2023 until the expiry of the term of the second session of the Board. Please refer to the Circular for the biographical details of Mr. LI Haijian and Mr. LIU Ming. Save as disclosed herein, there are no other matters relating to the appointments of Mr. LI Haijian and Mr. LIU Ming that need to be brought to the attention of the shareholders of the Company nor is there any information to be disclosed pursuant to other regulatory requirements.

Upon consideration and approval by the Board, Mr. LI Haijian has served as a member and the chairman of the Remuneration Committee, a member and the chairman of the Nomination Committee and a member of the Strategic Decision Committee, Related Party Transaction Control Committee and Audit Committee of the second session of the Board from 23 August 2023 until the expiry of the term of the second session of the Board; Mr. LIU Ming has served as a member and the chairman of the Audit Committee and a member of the Strategic Decision Committee, Risk Management and Internal Control Committee, Related Party Transaction Control Committee, Remuneration Committee and Nomination Committee of the second session of the Board from 23 August 2023 until the expiry of the term of the second session of the Board; and Mr. XU Jin has served as a member and the chairman of the Related Party Transaction Control Committee and a member of the Risk Management and Internal Control Committee, Audit Committee, Remuneration Committee and Nomination Committee of the second session of the Board from 23 August 2023 until the expiry of the term of the second session of the Board. With effect from 23 August 2023, Mr. ZHENG Xueding ceased to perform his duties as an independent non-executive director of the Company, as well as a member and the chairman of the Audit Committee and a member of the Strategic Decision Committee, Risk Management and Internal Control Committee, Related Party Transaction Control Committee, Remuneration Committee and Nomination Committee of the Board; and Mr. ZHANG Xianchu ceased to perform his duties as an independent non-executive director of the Company, as well as a member and the chairman of the Remuneration Committee, a member of the Related Party Transaction Control Committee, Audit Committee and Nomination Committee of the Board. Mr. ZHENG Xueding and Mr. ZHANG Xianchu have confirmed that they have no disagreement with the Board and there are no other matters relating to their cessations of performing the relevant duties that need to be brought to the attention of the shareholders of the Company.

The Board would like to express its sincere gratitude to Mr. ZHENG Xueding and Mr. ZHANG Xianchu for their valuable contributions to the development of the Company during their terms of office.