CZBANK (02016) announced that the board of directors recently received resignation letters from Mr. Ni Defeng and Ms. Jin Guorui, who resigned from their positions as non-executive directors of the bank's seventh board of directors due to work arrangements. The resignations took effect from August 28, 2025.

The board of directors proposes to appoint Mr. Yang Zhaohui and Mr. Zheng Xingang as non-executive directors of the bank's seventh board of directors. The appointments are subject to approval by shareholders through ordinary resolutions at the bank's general meeting and approval of their qualifications by the National Financial Regulatory Administration.

On August 28, 2025, the board of directors resolved to elect Ms. Ma Hong as a member of the Board Nomination and Remuneration Committee.