GF Securities : LIST OF DIRECTORS AND THEIR ROLES AND FUNCTIONS

GF SECURITIES CO., LTD.

廣發証券股份有限公司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1776)

LIST OF DIRECTORS AND THEIR ROLES AND FUNCTIONS

The members of the board of directors (the "Board") of GF Securities Co., Ltd. are set out below:

Executive Directors:

Mr. Sun Shuming (Chairman, General Manager)

Mr. Qin Li

Ms. Sun Xiaoyan

Non-executive Directors:

Mr. Li Xiulin

Mr. Shang Shuzhi

Independent non-executive Directors:

Mr. Fan Lifu

Mr. Hu Bin

Ms. Leung Shek Ling Olivia

Mr. Li Wenjing

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The Board has established 5 special committees of the Board. The table below provides membership information of these Board special committees on which each Board member serves:

Board special			Remuneration		Risk
committee	Strategy	Nomination	and Appraisal	Audit	Management
Directors	Committee	Committee	Committee	Committee	Committee
Mr. Sun Shuming	C	Ｍ			C
Mr. Qin Li			Ｍ		Ｍ
Ms. Sun Xiaoyan		Ｍ	Ｍ		Ｍ
Mr. Li Xiulin	Ｍ
Mr. Shang Shuzhi	Ｍ
Mr. Fan Lifu		Ｍ	Ｍ	Ｍ
Mr. Hu Bin	Ｍ	Ｃ	Ｃ
Ms. Leung Shek Ling Olivia			Ｍ	Ｍ	Ｍ
Mr. Li Wenjing		Ｍ		Ｃ	Ｍ

Notes:

1. Chairman of the relevant Board special committee M Member of the relevant Board special committee

Guangzhou, the PRC

September 18, 2020

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