The board of directors of Lufax Holding Ltd. announced that Mr. Guangheng JI ("Mr. JI") has tendered his resignation as a non-executive Director and other relevant positions of the Company due to change of his personal work arrangements on August 8, 2023. Mr. JI's resignation took effect from August 8, 2023, being the date of his resignation letter. The Board announced that the Board has resolved to appoint Mr. Yonglin XIE ("Mr. XIE") as a non-executive Director of the Company with effect from August 8, 2023.

Mr. XIE, aged 54, is currently an executive director, the president and co-CEO of Ping An Insurance (Group) Company of China Ltd. and the chairman of Ping An Bank Co. Ltd. Mr. XIE joined Ping An Insurance in 1994 and has been serving as a director of Ping An Insurance since April 2020. He was the deputy director of PingAn Insurance's Strategic Development & Reform Center from June 2005 to March 2006.

He held positions of the operations director, the human resources director, and a vice president of Ping An Bank from March 2006 to November 2013, and served as the special assistant to the chairman, the president and the CEO, and the chairman of Ping An Securities Co. Ltd. from November 2013 to November 2016 consecutively. He was a senior vice president of Ping An Insurance from September 2016 to December 2019.

Previously, Mr. XIE served as the deputy general manager of sub-branches of Ping An Property & Casualty Insurance Company of China Ltd., the deputy general manager and then the general manager of branches of Ping An Life Insurance Company of China Ltd. ("Ping An Life"), and the general manager of the marketing department of Ping An Life. Mr. XIE graduated from Nanjing University with a Ph.D. in Corporate Management and a Master of Science degree.