The board of directors shall perform the following duties in accordance with laws, including but not limited to: to implement the resolutions of the shareholders’ meeting; to determine the development strategies, operation plans and investment plans of the Company, and supervise the implementation; to formulate annual financial budget and final accounting statement of the Company; to formulate profit distribution plan and loss recovery plan of the Company; to formulate plans for the increase or reduction of the registered capital; to formulate the basic management system of the Company and supervise its implementation; to determine the risk tolerance, risk management, compliance and internal control policies of the Company, and take ultimate responsibility for comprehensive risk management; to formulate share incentive schemes, etc.

Zhang Weidong, Chairman and Executive Director 

Mr. Zhang has been the executive Director since January 2020 and Chairman since August 2022. He worked in China Construction Bank from July 1992 to April 1999 and previously served as the cadre and deputy director of the real estate credit department. He joined the Company in April 1999 and successively held various positions since September 2002 as the deputy director of the asset appraisal department, the general manager of the asset appraisal department, the general manager of the market development department, the head of the reorganization leading panel office, the head of the strategic investors introduction and listing panel office, the head of the listing preparation leading panel office, the general manager of the investment and financing management department, the Board Secretary (concurrently serving as the general manager of strategic development department, the director of the financial risk research center and the director of the postdoctoral management office) and the Assistant to the President of the Company. From November 2015 to October 2019, he successively held various positions in China Trust Protection Fund Co., Ltd., including the executive director, vice president and president. Mr. Zhang served as the deputy secretary of the Party Committee of the Company from October 2019 to March 2022 and President from January 2020 to July 2022, and has been serving as the secretary of the Party Committee of the Company since March 2022, and concurrently serving as the nonexecutive director and chairman of NCB Hong Kong since November 2020. Mr. Zhang graduated from Tongji University in 1989 with a bachelor’s degree in Engineering and graduated from Renmin University of China in 1992 with a master’s degree in Economics. He holds the professional title of Senior Economist.

SONG Weigang, Executive Director and President

Mr. Song has been the executive Director and President since Dec 2025. From August 1998 to April 2014, Mr. SONG worked at the Ministry of Finance, successively serving as a staff member and senior staff member of the Finance Division and the Information Division, and a deputy director-level secretary and director-level secretary of the Minister’s Office of the General Office, as well as a researcher,director and deputy department-level cadre of the Department of Economic Construction. From April 2014 to August 2015, he served as the vice chairman of China Securities Investor Protection Fund Corporation Limited. From August 2015 to October 2016, he served as a member of the Party Committee and vice chairman of China Securities Investor Protection Fund Corporation Limited. From October 2016 to April 2022, he served as a member of the Party Committee and deputy general manager of China Galaxy Financial Holdings Company Limited (from November 2016 to May 2021, he concurrently served as the secretary of the Party Committee and chairman of China Galaxy Investment Management Company Limited).From April 2022 to September 2025, he served as the deputy secretary of the Party Committee,an executive director, and general manager of China Galaxy Financial Holdings Company Limited (from February 2022 to June 2024, he concurrently served as the secretary of the Party Committee and chairman of Galaxy Fund Management Company Limited; since December2024, he has concurrently served as a director of China Galaxy Securities Co., Ltd.). Mr.SONG graduated from Shandong University of Finance (currently known as Shandong University of Finance and Economics) in 1998 with a bachelor’s degree in economics,majoring in accounting. He graduated from the Research Institute for Fiscal Science of the Ministry of Finance (currently known as Chinese Academy of Fiscal Sciences) in 2003 with a master’s degree in economics, majoring in finance. He graduated from the School of Economics of Renmin University of China in 2009 with a doctorate degree in economics,majoring in world economics. He holds the professional title of Senior Economist.

Zhao Limin, Executive Director and Vice President 

Mr. Zhao has been the executive Director since May 2022. He worked in China Construction Bank from July 1993 to September 1999, and joined the Company in September 1999. He had held various positions successively, including the deputy director of the Hohhot office, the general manager of the Jilin branch of the Company and the general manager of Cinda Investment. He has been serving successively as assistant to President and a member of the Party Committee and Vice President since August 2019, and concurrently serving as the director and chairman of Cinda Real Estate from December 2020 to August 2022. Mr. Zhao obtained a bachelor’s degree in Economics from Liaoning University in 1993. He holds the professional title of Senior Economist.

Zeng Tianming, Non-executive Director 

Mr. Zeng has been a non-executive Director since December 2024. From October 1985 to July 1992, he successively served as a warrior of the Third PAP Transportation Branch, as well as a warrior, a volunteer and the deputy squad leader of the gold corps of PAP. From July 1992 to November 2007, he had successively held various positions with the gold command department of the PAP, including the financial treasurer and the accountant at the level of platoon leader, the assistant at the level of deputy company commander and assistant at the level of company commander of Beijing enterprise office, and the assistant accountant and deputy director of the work department directly under the command department. From November 2007 to March 2018, he served as a cadre of the finance and accounting department, and a deputy researcher, a researcher and the director of the finance department of the finance and accounting department (solvency supervision department) of the China Insurance Regulatory Commission. From March 2018 to March 2023, he served as the office director, cadre at director level, firstclass researcher and second-class inspector of the youth league committee of the Party committee (publicity department of the Party committee) of the labor union of the CBIRC. From April 2023 to December 2024, he served as the second-class inspector of the Party committee of the NFRA. Mr. Zeng graduated from the Engineering College of PAP (currently known as Engineering University of PAP) majoring in financial management.

Zhang Zhongmin, Non-executive Director 

Ms. Zhang has been a non-executive Director since March 2025. She served as a cadre, and an assistant researcher of the research and development division of the investment department, a researcher of the equity division, the director of the direct management division, the director of the equity management division, as well as the deputy director of the equity asset department (industrial investment department) of the NCSSF. She currently serves as a director of Founder Securities Co., Ltd. Ms. Zhang graduated from Hunan University with a bachelor’s degree in Economics in 1992, and graduated from Renmin University of China with a master’s degree and a PhD degree in Economics in 2003 and 2006, respectively.

Lu Zhengfei, Independent Non-executive Director 

Mr. Lu has been an independent non-executive Director since September 2019. He is currently a professor of accounting and PhD tutor of the Guanghua School of Management of Peking University, the director of the research center for financial analysis and financial investment of Peking University, and concurrently an executive director of the Accounting Society of China and the deputy director of the professional committee for financial management, a member of the Editorial Committees of Accounting Research and Auditing Research. He was elected into the “Accountant Specialist Training Project” (first batch) of MOF in 2013, and as a Changjiang Scholars Distinguished Professor of the Ministry of Education in 2014. From 1994 to 1999, Mr. Lu served as the head of the accounting department of the Business School of Nanjing University. From 2001 to 2015, he successively served as the head of the accounting department and vice president of the Guanghua School of Management of Peking University. Mr. Lu is currently an independent non-executive director of Sino Biopharmaceutical Limited, independent director of Xinjiang Tianshan Cement Co., Ltd. and independent director of China International Capital Corporation Limited, and used to be an independent supervisor of PICC Property and Casualty Company Limited. Mr. Lu graduated from the accounting department of Renmin University of China in 1988 with a master’s degree in Economics and graduated from the Business School of Nanjing University in 1996 with a doctorate in Economics.

Lam Chi Kuen, Independent Non-executive Director 

Mr. Lam has been an independent non-executive Director since November 2019. He is now an independent non-executive director of Luks Group (Vietnam Holdings) Company Limited and independent director of China Life Insurance Company Limited. Mr. Lam once served as a senior consultant and partner of Ernst & Young. Mr. Lam received a higher diploma in Accounting from the Hong Kong Polytechnic (currently known as The Hong Kong Polytechnic University) in 1977. He is a member of the Hong Kong Institute of Certified Public Accountants and a fellow of the Association of Chartered Certified Accountants.

Wang Changyun, Independent Non-executive Director 

Mr. Wang has been an independent non-executive director of the company since September 2022. He currently serves as a professor and a PhD tutor in finance at the School of Finance of Renmin University of China, the head of the Institute of International M&A and Investment of Renmin University of China, and the deputy director of the ESG Research Center of Renmin University of China. He received the Financial Support of the National Science Fund for Distinguished Young Scholars in 2007 and the title of Middle Age Experts with National Outstanding Contribution in 2013. In 2014, he was elected as the Cheung Kong Distinguished Professor of the Ministry of Education. He is also entitled to the Special Government Allowance of the State Council. From 1999 to 2005, he served as a lecturer at the Business School of National University of Singapore. He previously served as the chair of the Applied Finance Department in School of Finance, director of China Financial Policy Research Center and dean of Hanqing Advanced Institute of Economics and Finance of Renmin University of China. He is currently the vice chairman of China Investment Specialty Construction Association, executive director of China Investment Association, director of China Society for Finance and Banking and special auditor of National Audit Office. He is currently the independent director of Agricultural Bank of China Limited, Hexie Health Insurance Co., Ltd., Shenwan Hongyuan Securities Co., Ltd. and Aerospace Science & Technology Finance Co., Ltd. Mr. Wang previously served as the independent director of Bank of China Limited, Beijing Haohua Energy Resource Co., Ltd. and Sunway Co., Ltd. He graduated from Renmin University of China with a bachelor’s degree and a master’s degree in Economics in 1986 and 1989, respectively; he graduated from the University of London with a doctorate in Financial Economics in 1999.

Sun Maosong, Independent Non-executive Director 

Mr. Sun has been an independent non-executive Director of the company  since September 2022. He is currently a professor and a PhD tutor of the Department of Computer Science and Technology, Tsinghua University, the executive vice president of the Institute for Artificial Intelligence, Tsinghua University, a member of the Degree Evaluation Committee and the chairman of the Computer Degree Evaluation Sub-committee of Tsinghua University, the director of the Massive Online Education Research Center of Tsinghua University, the co-director of the Tsinghua-NUS Next Joint Research Center, the executive director of the Chinese Association for Artificial Intelligence and the chief editor of the Journal of Chinese Information Processing, a national core journal. He is the chief scientist of the National Basic Research Program of China (Program 973) and chief specialist of significant projects under the National Social Science Fund of China. In 2016, he was selected as the “National Excellent Technical Personnel”. In 2020, he was elected as a foreign member of Academia Europaea. In 2021, he was elected as a member of Chinese Association for Artificial Intelligence and Chinese Information Processing Society of China, respectively. He was the dean of the Department of Computer Science and Technology, Tsinghua University from 2007 to 2010. He currently serves as an independent director of Mango Excellent Media Co., Ltd. He graduated from the Department of Computer Science and Technology, Tsinghua University with a bachelor’s degree and a master’s degree in Engineering in 1986 and 1988, respectively. He graduated from the City University of Hong Kong with a doctorate in Philosophy in 2004.

Shi Cuijun, Independent Non-executive Director 

Ms. Shi has been an independent non-executive Director since April 2023. She is currently the arbitrator of Hong Kong International Arbitration Centre, China International Economic and Trade Arbitration Commission and Beijing Arbitration Commission. She served as the legal counsel of the Beijing Representative Office of CMS Cameron McKenna LLP in the United Kingdom, the senior lawyer of the Beijing Representative Office of Herbert Smith Freehills LLP in the United Kingdom, the general counsel of State Grid Assets Management Co., Ltd., the senior legal counsel of the legal department of Siemens Ltd., China and the general counsel of Total Energy (Beijing) Enterprise Management Co., Ltd. She used to be an independent director of Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. Ms. Shi graduated from the College of Arts and Law of Beijing Union University with a bachelor’s degree in law in 1992. She graduated from the School of Law of Boston University with a master’s degree in banking and financial law in 2001.