Chongqing Rural Commercial Bank Co., Ltd. held the 2020 third extraordinary general meeting of the Bank on 30 November 2020, at which the resolution on the election of Ms. Gu Xiaoxu as a non-executive director of the Bank was considered and approved. The Chongqing Bureau of China Banking and Insurance Regulatory Commission has now approved the qualification of Ms. Gu Xiaoxu to hold office. The board of directors of the Bank hereby announces the appointment of Ms. Gu Xiaoxu as a non-executive director of the Bank, with a term from 22 December 2020 until the expiration of the term of the current session of the Board. The Bank will convene a Board meeting as soon as possible to appoint Ms. Gu Xiaoxu as a member of relevant special committee(s) of the Board.