The board of directors (the "Board") of CHINA BOHAI BANK CO., LTD. announced that the Board has received a resignation letter from Mr. ZHU Ning ("Mr. ZHU"). In order to devote more time to his other business commitments, Mr. ZHU resigned as an independent non-executive director of the Bank, a member of the Nomination and Remuneration Committee of the Board, and a member of the Audit and Consumer Rights Protection Committee of the Board. As considered and approved by the Board, the resignation of Mr. ZHU shall become effective from the date on which the successor independent non-executive director is elected by the shareholders' general meeting of the Bank and on the date such successor independent non-executive director obtains the qualification approval from the regulatory authority.

During this period, Mr. ZHU will continue to perform his duties as an independent non-executive director of the Bank and under relevant special committees of the Board; the Board has received a resignation letter from Mr. MAO Zhenhua (" Mr. MAO "). In accordance with the relevant provisions of the Code of Corporate Governance of Banking and Insurance Institutions, independent directors shall not hold office for over six years in total in a banking or insurance institution. Mr. MAO resigned as an independent non-executive director of the Bank and the chairman of the Nomination and Remuneration Committee of the Board.

As considered and approved by the Board, the resignation of Mr. MAO shall become effective from the date on which the successor independent non-executive director is elected by the shareholders' general meeting of the Bank and on the date such successor independent non-executive director obtains the qualification approval from the regulatory authority. During this period, Mr. MAO will continue to perform his duties as an independent non-executive director of the Bank and under relevant special committee of the Board; the Board has received a resignation letter from Mr. MU Binrui ("Mr. MU"). In accordance with the relevant provisions of the Code of Corporate Governance of Banking and Insurance Institutions, independent directors shall not hold office for over six years in total in a banking or insurance institution.

As Mr. MU will serve as an independent non-executive director of the Bank for six years in September 2024, he resigned as an independent non-executive director of the Bank, the chairman of the Risk Management and Green Finance Committee of the Board, the chairman of the Related Party Transactions Control Committee of the Board and a member of the Audit and Consumer Rights Protection Committee of the Board. As considered and approved by the Board, the resignation of Mr. MU shall become effective from the date on which the successor independent non-executive director is elected by the shareholders' general meeting of the Bank and on the date such successor independent non-executive director obtains the qualification approval from the regulatory authority. During this period, Mr. MU will continue to perform his duties as an independent non-executive director of the Bank and under relevant special committees of the Board; and the Board has received a resignation letter from Mr. CHI Guotai (" Mr. CHI ").

In accordance with the relevant provisions of the Code of Corporate Governance of Banking and Insurance Institutions, independent directors shall not hold office for over six years in total in a banking or insurance institution. Mr. CHI resigned as an independent non-executive director of the Bank, a member of the Nomination and Remuneration Committee of the Board, a member of the Risk Management and Green Finance Committee of the Board and a member of the Related Party Transactions Control Committee of the Board. As considered and approved by the Board, the resignation of Mr. CHI became effective from May 30, 2024.