The board of directors of Weihai City Commercial Bank Co., Ltd. has considered and passed the relevant resolution that Mr. YANG Yunhong be appointed as a member of the Strategic Development Research Committee, a member of the Nomination and Remuneration Committee and a member of the Audit Committee, of the eighth session of the Board of the Bank respectively; and Mr. WANG Yong be appointed as the chairperson of the Nomination and Remuneration Committee of the eighth session of the Board of the Bank, with effect from November 10, 2023.