China Minsheng Banking Corp., Ltd. (01988) nominated Zhang Zhen as a candidate for non-executive director.

China Minsheng Banking Corp., Ltd. (01988) announced that Mr. Zhao Peng has applied to resign from his positions as a director of the 9th Board of Directors, a member of the Board of Directors Risk Management Committee, and a member of the Board of Directors Nomination Committee due to personal reasons. Mr. Zhao Peng's resignation will take effect from December 26, 2025. On December 26, 2025, the Board of Directors approved the proposal to nominate Mr. Zhang Zhen as a candidate for non-executive director of the 9th Board of Directors. The appointment of Mr. Zhang Zhen as a non-executive director of the Bank will be subject to approval by the Bank's shareholders' meeting. After being approved by the shareholders' meeting, Mr. Zhang Zhen's qualification as a director will still need approval from the China Banking and Insurance Regulatory Commission, and he will officially assume the role from the date of approval. Mr. Zhang Zhen's term will be the same as that of the 9th Board of Directors.