China Minsheng Banking Corp., Ltd. on 14 March 2024 received the Approval of National Financial Regulatory Administration in relation to the Appointment Qualification of Liu Hanxing of Minsheng Bank (Jinfu [2024] No. 113), which approved the qualification of Mr. Liu Hanxing as an independent non-executive director of the Bank. Mr. Liu Hanxing acts as an independent non-executive director of the Bank, the Chairman of the Risk Management Committee, a member of the Nomination Committee, a member of the Compensation and Remuneration Committee and a member of the Audit Committee of the board of directors of the Bank (the "Board") with effect from 14 March 2024.

Mr. Xie Zhichun, an independent non-executive director, has served in the Bank for six years already and shall no longer continue to serve as an independent non-executive director.