The Board of JD Logistics, Inc. announced that, with effect from June 28, 2024: Mr. Liming Wang has resigned as an independent non-executive Director, the chairperson of the Remuneration Committee and a member of the Nomination Committee; Dr. Lin Ye has been appointed as an independent non-executive Director, a member of the Remuneration Committee and a member of the Nomination Committee; and Dr. Xiande Zhao has been appointed as the chairperson of the Remuneration Committee. Dr. Lin Ye, aged 60, is a doctor of law, a professor and a supervisor of doctoral students of Renmin University of China and has over 36 years of experience teaching in the law school of Renmin University of China. Dr. Ye qualified as a lawyer in China in May 1990.

Besides, Dr. Ye has served as independent non-executive director of Capital Securities Co. Ltd. since August 2020, Beijing YJK Building Software Co. Ltd. since September 2023, and Beijing Shougang Co.

Ltd. during June 2019 to December 2023. Since June 2020, he has also served as an independent non-executive director of China Life Asset Management Company Limited and China Credit Trust Co. Ltd. Further, Dr. Ye is the director of the Rule of Law Research Center in Business Environment of Renmin University of China and the executive director of the Institute of International Commercial Dispute Prevention and Settlement of Renmin University of China.

Dr. Ye has also served as the vice-chairman of the Commercial Law Society in China Law Society, the vice-chairman of the Civil and Commercial Law Society in Beijing Law Society, and the chairman of Beijing Consumer Rights Protection Law Society. Dr. Ye's main research fields include China's civil law, commercial law, company law, securities law, futures law, contract law, financial services law, consumer protection law, etc. He has published more than 100 papers and more than 10 books in the above relevant fields.

Dr. Ye received his bachelor of law from Renmin University of China in July 1985, and received his master's degree and doctor's degree in civil and commercial law from Renmin University of China in July 1987 and July 1993, respectively. The Board hereby announces that following Mr. Wang's resignation, Dr. Xiande Zhao, an independent non-executive Director has been appointed as the chairperson of the Remuneration Committee, and Dr. Ye has been appointed as a member of the Remuneration Committee and a member of the Nomination Committee, with effect from June 28, 2024.