Shandong International Trust Co., Ltd. announced that reference is made to the circular dated 15 November 2022 (the " Circular ") and the poll results announcement of the third extraordinary general meeting for the year 2022 (the "EGM") dated 30 November 2022 of Shandong International Trust Co., Ltd. (the "Company ") in relation to the election of Ms. Zhang Haiyan (" Ms. Zhang ") as an independent non-executive director of the Company. Ms. Zhang was elected as an independent non-executive director of the Company at the EGM. The Company has recently received the Approval on the Qualification of Zhang Haiyan as an Independent Director of Shandong International Trust Co., Ltd. by the Shandong Office of CBIRC (Lu Yin Bao Jian Fu (2023) No.

119) issued by the Shandong Office of China Banking and Insurance Regulatory Commission (the " Shandong Office of CBIRC "), pursuant to which, Ms. Zhang serves as an independent non-executive director of the Company with effect from 13 April 2023. Ms. Zhang has been appointed as the chairperson of the trust committee and a member of nomination and remuneration committee of the Company. Pursuant to the relevant provisions of applicable laws and regulations and the articles of association of the Company, Mr. Yen Huai-chiang ceased to serve as an independent non-executive director of the Company and the chairperson of the trust committee and a member of nomination and remuneration committee due to the expiry of his term of office following the approval of Ms. Zhang ' s qualification by the Shandong Office of CBIRC.