Orient Securities Company Limited announced that the term of office of Mr. JIN Qinglu, an existing independent non-executive director of the Company, will expire on October 15, 2023. In order to comply with the requirements of the relevant laws and regulations and to facilitate the transition of work, the Company proposes to elect an independent non-executive director who is an accounting professional. The Board agrees to nominate Mr. ZHU Kai ("Mr. ZHU") as an independent non-executive director to the fifth session of the Board, who shall take office commencing from the date of consideration and approval at the general meeting and resignation of Mr. JIN Qinglu as an
independent non-executive director of the Company till expiry of the fifth session of the Board. The Board further announces that, in view of the recent change of director of the Company, it has considered and adjusted the members of the special committees under the Board as set out below: References are made to the circular of the Company dated August 1, 2023 in relation to the resolutions in relation to the change of non-executive director of the Company and the notice of the extraordinary general meeting and the announcement of the Company dated August 18, 2023 in relation to the poll results of the extraordinary general meeting held on August 18, 2023, whereby Ms. LI Yun has formally assumed office with effect from August 18, 2023. In accordance with the relevant provisions of the Working Rules of the Strategic Development Committee of the Company regarding the appointment and removal of members, it was approved that Ms. LI Yun be elected as a member of the strategic development committee of the fifth session of the Board, and she shall assume office from the date of this announcement with a term ending on the expiry of the term of office of the fifth session of the Board; In accordance with the relevant provisions of the Working Rules of the Audit Committee of the Company regarding the appointment and removal of members, it was approved that Mr. ZHU Kai be elected as a member and the chairman of the audit committee of the fifth session of the Board, and he shall assume office from the date on which he assumes office of independent non-executive director of the Company with a term ending on the expiry of the term of office of the fifth session of the Board.