Shenwan Hongyuan Group Co., Ltd. announced that at the EGM was held on December 29, 2022, the company approved the appointment of Mr. Shao Yalou as a non-executive Director of the fifth session of the Board of Directors of the Company. Mr. Shao Yalou ("Mr. Shao") has been elected as a non-executive Director of the fifth session of the Board of the Company at the EGM, with the term of office commencing from December 29, 2022 and expiring at the end of the fifth session of the Board. Pursuant to the Articles of Association, Mr. Shao is eligible for re-election after his term of office expires. Mr. Shao has served as a director of Shenwan Hongyuan Securities Co., Ltd. since December 2022. The adjustment to the composition of the members of the Risk Control Committee of the Board and the Strategy and ESG Committee of the Board was resolved at the 16th meeting of the fifth
session of the Board, with effect from December 29, 2022. The adjustment to the members of the relevant special committees of the Board is as follows: Risk Control Committee of the Board: Before adjustment: Chairman: None, Members: Huang Hao, Ren Xiaotao, Yeung Siuman Shirley and Zhao Lei. After adjustment: Chairman: Ren Xiaotao, Members: Huang Hao, Yeung Siuman Shirley, Zhao Lei and Shao Yalou. Strategy and ESG Committee of the Board: Before adjustment: Chairman: Liu Jian, Members: Huang Hao, Wu Changqi and Ren Xiaotao. After adjustment: Chairman: Liu Jian, Members: Huang Hao, Wu Changqi, Ren Xiaotao and Shao Yalou.