The supervisory committee of Everbright Securities Company Limited received a letter of resignation from Mr. Wang Hongyang, a supervisor of the Company, on May 12, 2023. Due to work adjustment, Mr. Wang Hongyang resigned from his positions as a supervisor and a member of the risk and financial supervisory committee of the Supervisory Committee. Mr. Wang Hongyang has confirmed that he has no disagreement with the Supervisory Committee, nor is there any other matter that needs to be notified to the shareholders of the Company due to the resignation.

In accordance with the relevant provisions of the Company Law of the People's Republic of China and the articles of association of the Company, the resignation of Mr. Wang Hongyang did not result in the membership of the Supervisory Committee falling below the statutory minimum, and his resignation took effect on the date of delivery of his letter of resignation to the Supervisory Committee. The Company hereby expresses its gratitude to Mr. Wang Hongyang for his contribution during his term of office. The Company will elect a new supervisor in accordance with the relevant provisions as soon as possible.