The board of directors of the Guangzhou Rural Commercial Bank Co., Ltd. announced that Mr. Tan Jinsong, an independent non-executive director of the Bank, has tendered his resignation as an independent non-executive director of the third session of the Board of the Bank, a member of the Strategy and Investment Committee (Sannong Committee), a member of the Related Party Transactions and Risk Management Committee, and the chairman and member of the Audit Committee as he needs to devote more energy to other work affairs. The Board further announced that, given the aforementioned resignation of Mr. Tan, Mr. Ma Hok Ming, who is the independent non-executive director of the Bank, has been appointed as the chairman of the Audit Committee of the Bank with effect from 15 March 2024.