Lufax Holding Ltd. announces Mr. Guangheng Ji has tendered his resignation as the Chairman of the Board and will no longer serve as a member of the Board. Mr. YongSuk Cho, currently a director and Co-Chief Executive Officer of the Company, has been appointed as the Chairman of the Board. In addition, Mr. Hanjie Ou has been appointed as a director of the Company.

Mr. Hanjie Ou currently serves as Senior Manager of the Corporate Planning Center at Ping An Group, where he is mainly responsible for the planning and management of core financial institutions of Ping An Group and key strategic projects within Ping An Group. Mr. Ou has rich experience in the financial industry. Prior to joining Ping An Group in 2018, Mr. Ou has served as Senior Project Manager at Roland Berger Strategy Consulting in Shanghai from 2015 to 2018.

Mr. Ou received a Master's Degree in Operations Research from London School of Economics and Political Science in 2008. Mr. Jian Yang has tendered his resignation as the Chief Risk Officer of the Company and Ms. Younjeong Lim has been appointed as the Chief Risk Officer of the Company. Ms. Younjeong Lim currently serves as Vice President and Chief Risk Officer of Puhui, where she is responsible for the comprehensive risk management of retail lending business of the ompany.

Ms. Lim has led the transformation of Puhui's risk management system from a traditional model into a technology-supported, data-driven online model. Prior to joining Puhui in 2008, Ms. Lim has served as the Head of Consumer Finance Risk Management Department of Standard Chartered Bank in Korea from 2006 to 2008 and the Head of Credit Card Business Planning Department of Citibank in Korea from 1999 to 2005. Ms. Lim received her Master's Degree in Economics from Ohio State University in 1996.

Mr. Dongqi Chen has been appointed as the General Manager of the Company. Mr. Dongqi Chen currently serves as Chairman of Ping An Consumer Finance Co. Ltd. and General Manager of Puhui.

Mr. Chen has over 25 years of experience in sales management and the financial industry. Prior to his current positions, Mr. Chen has served as Executive Deputy General Manager of Puhui from 2017 to 2020, Deputy General Manager of Puhui from 2016 to 2017, and Assistant to the General Manager of Puhui from 2015 to 2016. Mr. Chen has served as Chairman and General Manager of Ping An Insurance Agency Co.

Ltd. from 2014 to 2018 and held a number of positions in Ping An Property & Casualty Insurance Company of China Ltd. from 1996 to 2014, including as Assistant to General Manager of the Credit Guarantee Insurance Business Unit from 2013 to 2014. Mr. Chen received his Bachelor's Degree in Insurance from Nankai University in 1991.