2025 Independent Director's Work Report of Ping An Bank Co., Ltd (Ai Chunrong) According to the 'Administrative Measures for Independent Directors of Listed Companies' and the 'Independent Directors of Ping An Bank Co., Ltd.' As an independent director of Ping An Bank, I submit an annual performance report to the board of directors and shareholders' meeting, Explain the performance of duties. Please review it.
- Basic Information (1) Work experience, professional background, and concurrent positions
I am Ai Chunrong, PhD in Economics from MIT, currently studying Economics and Management at The Chinese University of Hong Kong (Shenzhen). Vice President, Professor of Economics, Chair Professor of the President, and since September 2020, has served as an independent director of Ping An Bank. He previously served as Assistant Professor of Economics at Stony Brook State University of New York and Assistant Professor and Associate Professor of Economics at the University of Florida Professor, Professor, and Chair Professor. He has concurrently served as Dean of the School of Statistics and Management and the Institute for Advanced Study at Shanghai University of Finance and Economics Executive Vice Dean, Director of the Institute of Statistics and Big Data at Renmin University of China, currently also serving as Director of Advanced Financial Research in Shenzhen Vice President of the Institute. Selected as Jiangjiang Chair Professor by the Ministry of Education, National Distinguished Expert, and Fellow of the World Econometric Society. He has been engaged in research in econometrics, applied microeconomics, empirical finance, and digital economy. Original serves as an independent director of the 11th and 12th boards of directors of Ping An Bank, and in accordance with relevant laws, regulations, and the bank's articles of association, He will no longer serve as an independent director of the 13th Board of Directors. December 16, 2025, marks the bank's first meeting of 2025 The extraordinary shareholders' meeting elected five independent directors to the 13th Board of Directors. Qualifications for the appointment of newly appointed independent directors Before obtaining approval from the Financial Regulatory Administration, I continued to perform relevant duties and served as a newly appointed independent director
shall leave office on the date of approval. I comply with relevant laws, regulations, and regulatory rules regarding the qualifications for independent directors of listed companies and commercial banks The requirements have been filed and reviewed by the Shenzhen Stock Exchange, and the bank has obtained appointment from the banking regulatory authority Qualification approval. (2) There are no circumstances that affect independence I do not hold any position at Ping An Bank other than director, and I am not in any position with Ping An Bank or its major shareholders In matters of direct or indirect interest, or other relationships that may affect the principal's independent and objective judgment; Independence Performing duties is not influenced by Ping An Bank or its major shareholders or other entities or individuals. I have conducted a self-inspection of independence and confirmed that it meets the applicable regulatory regulations regarding appointing a person
The independence requirements that independent directors of Anbank should possess and submit the self-inspection findings to the board of directors; The board of directors is responsible for this The individual's independence was evaluated, and no objective determination was found that could affect the individual's objective determination as an independent director In such cases, it is considered that I continue to maintain my independence as an independent director. 2. Annual Performance Overview (1) Attendance at the meeting I have devoted sufficient time to fulfilling my duties, and in 2025 I personally attended all board meetings and committees that were required Gate committee meetings, participate in board decision-making, and express clear opinions on matters discussed. No consecutive two consecutive Wei occurred Cases where you can attend in person without authorizing another independent director to attend on your behalf.