The board of directors of Chongqing Rural Commercial Bank Co., Ltd. (the Bank) received a resignation letter from Ms. Gu Xiaoxu (Ms. Gu), a non-executive director of the Bank, on 2 January 2024 in respect of her resignation from the positions of non-executive director of the Bank, a member of the Risk Management Committee, Remuneration Committee and the Consumer Rights Protection Committee under the Board due to personal work arrangement. The resignation of Ms. Gu is effective from the date of this announcement.