The board of directors of Orient Securities Company Limited received the written resignation report from Mr. ZHANG Qian ("Mr. Zhang"), the chairman of the supervisory committee of the Company, on September 23, 2022. Due to work arrangement, Mr. Zhang applied to resign as the chairman and a supervisor of the fifth session of the supervisory committee of the Company. Mr. Zhang has confirmed that, he has no disagreement with the Company, the Board and the supervisory committee of the Company and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders and The Stock Exchange of Hong Kong Limited.

As pursuant to relevant requirements of the Company Law of the People's Republic of China and the articles of association of the Company, the resignation of Mr. Zhang will not result in the number of members of the supervisory committee of the Company falling below the statutory minimum requirement and will not affect the normal operation of the supervisory committee of the Company, Mr. Zhang's resignation shall take effect upon the receipt of the resignation letter by the supervisory committee of the Company, and Mr. Zhang will no longer hold any position in the Company after his resignation. The supervisory committee of the Company would like to express its sincere gratitude to Mr. Zhang for his outstanding contribution during his tenure as the chairman and a supervisor of the supervisory committee of the Company.