The board of directors of Bank of Qingdao Co., Ltd. announced that on 14 July 2021, Mr. Guo Shaoquan was elected as the chairman of the eighth session of the Board of Directors, with a term same as the term of office of the eighth session of the Board of Directors. The Board of Directors is announced that on 14 July 2021, members of special committees under the eighth session of the Board of Directors were elected as follows: Mr. Guo Shaoquan as Chairman of Strategy Committee and M r. Zhou Yunjie, M r. Rosario Strano, M r. Deng Youcheng, Mr. Choi Chi Kin, Calvin, Mr. Wang Lin, Mr. Tingjie Zhang, Mr. Xing Lecheng, Mr. Zhang Xu as Members of Strategy Committee. Mr. Zhang Xu as Chairman of Remuneration Committee and Mr. GuoShaoquan, M r. Zhou Yunjie, M r. Rosario Strano, Mr. Simon Cheung, Mr. Tingjie Zhang, Mr. Xing Lecheng as members of Remuneration Committee. Mr. Choi Chi Kin, Calvin, Xing Lecheng, as members of Audit Committee. Mr. Zhang Xu as member of Nomination Committee. Mr. Wang Lin as Chairman of Risk Management and Consumer Rights Protection Committee and Ms. Tan Lixia, Mr. Marco Mussita, Mr. Liu Peng, Ms. Lu Lan, Ms. Fang Qiaoling, Mr. Xing Lecheng as members of Risk Management and Consumer Rights Protection Committee. Mr. Xing Lecheng as Chairman and Mr. Liu Peng, Ms. Lu Lan, Mr. Simon Cheung, Ms. Fang Qiaoling, Mr. Tingjie Zhang, Mr. Zhang Xu as members of Related Party Transactions Control Committee. Mr. Simon Cheung as Chairman and Mr. Guo Shaoquan, Ms. Tan Lixia, Mr. Marco Mussita, Mr. Wang Lin as members of Cyber Security and Information Technology Committee. The board of supervisors of the Bank announce that on 14 July 2021, Mr. Yang Fengjiang was elected as the chairman of the eighth session of the Board of Supervisors.