Waterdrop Inc. announced that Mr. Zetao Zhu tendered his resignation to the board of directors of the Company as the general manager of crowdfunding and pharmatech business, effective April 5, 2024, for family reasons without involving any disagreement with the Company with regard to its business, finance, accounting or any other affairs. The Company is grateful to Mr. Zhu for his valuable contributions to the Company and wishes Mr. Zhu all the best in his future endeavors.