LUZHENG FUTURES Company Limited at the EGM held on 10 March 2022 approved the appointment of Mr. CHEN Hua and Mr. WANG Xinyu as Independent Non-executive Directors of the Company. The term of office of Mr. CHEN Hua and Mr. WANG Xinyu will take effect on 10 March 2022 and ends upon expiry of the term
of the third session of the Board of the Company, and they are eligible for re-election and
re-appointment upon expiry of their terms. Mr. GAO Zhu and Mr. WANG Chuanshun have served as Independent Non-executive Directors
for over 9 years. In accordance with relevant provisions of the Listing Rules and the Articles of
Association of the Company, they will cease to serve as Independent Non-executive Directors
of the Company with effect from 10 March 2022. The Company approved the election of Mr. CHEN Hua as the chairman of the Remuneration and Appraisal Committee, member of the Strategic Development Committee,
member of the Risk Control Committee, member of the Audit Committee and member of the
Nomination Committee of the Board of Directors; the election of Mr. WANG Xinyu as the
chairman of the Audit Committee, member of the Remuneration and Appraisal Committee and
a member of the Nomination Committee of the Board of Directors. Their terms of office will
commence on 10 March 2022 and end on the date when the term of office of the third session of
the Board of Directors of the Company expires.