The board of directors of the Bank of Guangzhou Rural Commercial Bank Co., Ltd. hereby announced that Ms. Zheng Ying has resigned as a joint company secretary of the Bank due to work adjustment arrangement, with effect from 22 May 2024. Ms. Zheng has confirmed that she has no disagreement with the Board, and there are no matters relating to her resignation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders and the creditors of the Bank. Following the resignation of Ms. Zheng, Dr. Ngai Wai Fung, the other Joint Company Secretary who has met the qualification of a Company Secretary as required under Rule 3.28 of the Rules Governing the Listing of Securities on the Stock Exchange will remain in office and act as the company secretary of the Bank.