The board of directors of Everbright Securities Company Limited received a letter of resignation from Mr. Yu Mingxiong, a non-executive director of the Company on April 7, 2023, pursuant to which, Mr. Yu Mingxiong resigned as a non-executive director of the Company and a member of the Strategy and Sustainable Development Committee of the Board of the Company as a result of work adjustments. Mr. Yu Mingxiong has confirmed that he had no disagreement with the Board and there were no other matters that need to be brought to the attention of the shareholders of the Company as a result of his resignation.