The board of directors of Haitong Securities Co., Ltd. received the written resignation from Mr. REN Peng on 30 January 2023. Mr. REN Peng has tendered his resignation from the office of executive director of the Company, member of the development strategy and ESG management committee of the Board, and the deputy general manager of the Company due to his age. He confirms to the Board that he has no disagreement with the Company and the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. According to relevant rules under the Company Law of the People's Republic of China and the articles of association of the Company, the resignation of Mr. REN Peng will not cause the members of the Board to be fewer than the statutory minimum quorum nor will it affect the normal operation of the Board. The resignation of Mr. REN Peng becomes effective on the date of delivery to the Board. Mr. REN Peng has been the deputy general manager of the Company since November 1997 and has served as a director of the Company since June 2019, mainly in charge of investment banking business and finance leasing business. During his tenure, Mr. REN Peng made concerted efforts and performed his duties responsibly and diligently to fully implement the decisions and
arrangements of the Board. He contributed to the rapid growth and the increasing management level of the Company in various aspects with his outstanding leadership and rich professional experience. Based on the main business of investment banking and focusing on the central theme of serving national strategy and real economy, the Company achieved steadily high-quality development.