Announcement of Resolutions from the First Meeting of the Ninth Board of Directors of Ningbo Bank Co., Ltd.

Announcement of Resolutions from the First Meeting of the Ninth Board of Directors of Ningbo Bank Co., Ltd.

The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Ningbo Bank Co., Ltd. (hereinafter referred to as "the Company") sent a notice regarding the convening of the first meeting of the ninth board of directors to all directors via email and in writing on February 14, 2026. The meeting was held on February 26, 2026, at the headquarters building of Ningbo Bank. A total of 9 directors were supposed to attend, with all 9 attending in person. Directors Bei Duoguang, Li Hao, Hong Peili, Wang Weian, and Li Renjie attended the meeting via telephone. The meeting was convened in accordance with the provisions of the Company Law and the Articles of Association.

The meeting was chaired by Director Zhuang Lingjun, who was elected by all attending directors, and the following proposals were reviewed and approved:

1. Proposal on the Election of the Chairman of the Ninth Board of Directors of Ningbo Bank Co., Ltd.
   Mr. Zhuang Lingjun was elected as the Chairman of the ninth board of directors. His qualification as Chairman is subject to approval by the Ningbo Financial Regulatory Bureau. Until his qualification is approved, the board designated Mr. Zhuang Lingjun to perform the duties of Chairman. This proposal received 9 votes in favor, 0 votes against, and 0 abstentions.

2. Proposal on the Election of the Vice Chairman of the Ninth Board of Directors of Ningbo Bank Co., Ltd.
   Mr. Feng Peijiong was elected as the Vice Chairman of the ninth board of directors. His qualification as Vice Chairman is subject to approval by the Ningbo Financial Regulatory Bureau. This proposal received 9 votes in favor, 0 votes against, and 0 abstentions.

3. Proposal on the Composition of the Specialized Committees of the Ninth Board of Directors of Ningbo Bank Co., Ltd.
   The composition of the specialized committees of the ninth board of directors was approved as follows:

   Committee	Chairperson	Members
   Strategic and Sustainable Development Committee	Zhuang Lingjun	Xie Gongyi, Chen Yongming, Liu Xinyu, Li Renjie
   Related Party Transaction Control Committee	Hong Peili	Li Hao, Li Renjie
   Risk Management Committee	Li Renjie	Hong Peili, Chen Yongming
   Audit Committee	Li Hao	Wang Weian, Hong Peili
   Compensation Committee	Bei Duoguang	Hong Peili, Wang Weian
   Nomination Committee	Wang Weian	Zhou Jianhua, Bei Duoguang
   Consumer Rights Protection Committee	Lou Songsong	Chen Chusheng, Bei Duoguang, Zhu Fanghua

New directors will perform committee-related duties after their qualifications are approved. This proposal received 9 votes in favor, 0 votes against, and 0 abstentions.

1. Proposal on the Appointment of the President of Ningbo Bank Co., Ltd.
   Mr. Feng Peijiong was appointed as the President of the Company. His qualification as President is subject to approval by the Ningbo Financial Regulatory Bureau. Until his qualification is approved, the board designated Mr. Feng Peijiong to perform the duties of President. This proposal received 9 votes in favor, 0 votes against, and 0 abstentions.

2. Proposal on the Appointment of Vice Presidents of Ningbo Bank Co., Ltd.
   The following individuals were appointed as Vice Presidents: Fu Wensheng, Wang Yongjie, Xu Xuesong, Wang Dandan, Yu Gang, Lu Haiying, and Hu Haidong. The qualifications of Yu Gang, Lu Haiying, and Hu Haidong are subject to approval by the Ningbo Financial Regulatory Bureau. This proposal received 9 votes in favor, 0 votes against, and 0 abstentions.