The board of directors of Bank of Communications Co., Ltd. announced that, the Board has resolved on 28 April 2020 to propose to appoint Mr. Liao, Yi Chien David as a non-executive director of the Bank and a member of the Personnel & Remuneration Committee of the Board, to appoint Mr. Zhang Xiangdong as an independent non-executive director of the Bank, a member of the chairman of the Risk Management and Related Party Transactions Control Committee of the Board and a member of the Audit Committee of the Board, and to appoint Ms. Li Xiaohui as an independent non-executive director of the Bank, chairman of the Audit Committee of the Board and a member of the Risk Management and Related Party Transactions Control Committee of the Board. The appointment of Mr. Liao as the non-executive director of the Bank and the appointment of Mr. Zhang and Ms. Li as the independent non-executive directors of the Bank are subject to the approval of the shareholders of the Bank at the 2019 annual general meeting as well as the approval of China Banking and Insurance Regulatory Commission on their qualifications. Mr. Liao, Mr. Zhang and Ms. Li's serving as a member of the special committees under the Board will be effective from the date of the approval of their qualification as directors of the Bank. After the qualification of Mr. Zhang serving as an independent non-executive director of the Bank is approved, Ms. Li Jian will cease to serve as an independent non-executive director of the Bank, chairman of the Risk Management and Related Party Transactions Control Committee of the Board and a member of the Audit Committee of the Board. After the qualification of Ms. Li serving as an independent non-executive director of the Bank is approved, Mr. Liu Li will cease to serve as an independent non-executive director of the Bank, chairman of the Audit Committee of the Board and a member of the Risk Management and Related Party Transactions Control Committee of the Board. Mr. Liao, Yi Chien David has been group general manager of HSBC since September 2016. Mr. Liao was appointed as head of Asia Pacific Global Banking Coverage of HSBC in April 2020. The Bank announced that, the board of supervisors of the Bank has resolved on 28 April 2020 to propose to appoint Mr. Ju Jiandong as an external supervisor of the Bank. After the proposal of appointing Mr. Ju Jiandong as an external supervisor of the Bank is approved at the 2019 AGM, Ms. Tang Xinyu will no longer serve as the external supervisor of the Bank, chairman of the Financial and Internal Control Supervision Committee of the Board of Supervisors, a member of the Performance and Due Diligence Committee of the Board of Supervisors and a member of the Nomination Committee of the Board of Supervisors. Mr. Ju has served as an independent director of COFCO Meat Holdings Limited since November 2018.