Bank of Communications Co., Ltd. announced the appointment of Mr. Mu Guoxin and Mr. Luo Xiaopeng as non- executive Directors of the tenth session of the Board, Mr. Ma Jun as an independent non-executive Director of the tenth session of the Board; The Board announced that the first meeting of the tenth session of the Board was held on 28 June 2022 and the following resolutions were considered and approved at the meeting: (1) the election of Mr. Ren Deqi as the chairman of the Board; (2) the election of Mr. Liu Jun as the vice chairman of the Board; (3) the establishment of the following special committees under the tenth session of the Board and the appointment of the chairman and members of each committee (provided that Mr. Mu Guoxin, Mr. Luo Xiaopeng and Mr. Ma Jun shall start to perform their respective duties after their qualifications of serving as Directors being approved by the CBIRC): (a) the establishment of the Strategy Committee (Inclusive Finance Development Committee) under the tenth session of the Board with Mr. Ren Deqi serving as the chairman and Mr. Liu Jun, Mr. Wang Linping, Mr. Mu Guoxin, Mr. Chen Junkui, Mr. Luo Xiaopeng, Mr. Ma Jun serving as the members; (b) the establishment of the Audit Committee under the tenth session of the Board with Ms. Li Xiaohui serving as the chairwoman and Mr. Li Longcheng, Mr. Chang Baosheng, Mr. Chen Junkui, Mr. Woo Chin Wan, Raymond, Mr. Shi Lei, Mr. Zhang Xiangdong serving as the members; the establishment of the Risk Management and Related Party Transactions Control Committee under the tenth session of the Board with Mr. Zhang Xiangdong serving as the chairman and Mr. Wang Linping, Mr. Mu Guoxin, Mr. Cai Haoyi, Ms. Li Xiaohui, Mr. Ma Jun serving as the members; the establishment of the Personnel and Remuneration Committee under the tenth session of the Board with Mr. Cai Haoyi serving as the chairman and Mr. Li Longcheng, Mr. Liao, Yi Chien David, Mr. Woo Chin Wan, Raymond, Mr. Shi Lei serving as the members; the establishment of the Social Responsibility (Environmental, Social and Governance) and Consumer Protection Committee under the tenth session of the Board with Mr. Liu Jun serving as the chairman and Mr. Chang Baosheng, Mr. Chan Siu Chung, Mr. Luo Xiaopeng serving as the members. the election of Mr. Xu Jiming as the chairman of the Board of Supervisors; the establishment of the following special committees under the tenth session of the Board of Supervisors and the appointment of the chairman and members of each committee: (a) the establishment of the Duty Performance and Due Diligence Supervision Committee under the tenth session of the Board of Supervisors with Mr. Xu Jiming serving as the chairman and Mr. Chen Hanwen, Mr. Su Zhi, Mr. Guan Xingshe serving as the members; (b) the establishment of the Nomination Committee under the tenth session of the Board of Supervisors with Mr. Li Yao serving as the chairman and Mr. Wang Xueqing, Ms. Feng Bing, Ms. Po Ying serving as the members; (c) the establishment of the Financial and Internal Control Supervision Committee under the tenth session of the Board of Supervisors with Mr. Guan Xingshe serving as the convener and moderator of the meetings of the committee and Mr. Li Yao, Mr. Chen Hanwen, Mr. Su Zhi, Mr. Guan Xingshe, Ms. Lin Zhihong serving as the members.