Postal Savings Bank of China ('PSBC') held a board of directors meeting in Beijing on June 4, 2024, presided over by Director Liu Jianjun, with 12 directors personally attending. Director Zhong Ruiming entrusted Director Wen Tiejun to attend on his behalf. The meeting deliberated and unanimously passed the proposal to renew the engagement of Ernst & Young Hua Ming, Certified Public Accountants LLP and Deloitte Chinese Service Group, Certified Public Accountants LLP as the auditor for the mid-year financial reports of 2024. Independent non-executive directors believed that the decision procedure was legal and compliant, and did not harm the interests of shareholders, and agreed to submit the proposal to the shareholders' meeting for review. The relevant service fee for renewal is RMB 8.94 million. The proposal is subject to final approval by the shareholders' meeting.

Postal Savings Bank of China ('PSBC') held a board of directors meeting in Beijing on June 4, 2024, presided over by Director Liu Jianjun, with 12 directors personally attending. Director Zhong Ruiming entrusted Director Wen Tiejun to attend on his behalf. The meeting deliberated and unanimously passed the proposal to renew the engagement of Ernst & Young Hua Ming, Certified Public Accountants LLP and Deloitte Chinese Service Group, Certified Public Accountants LLP as the auditor for the mid-year financial reports of 2024. Independent non-executive directors believed that the decision procedure was legal and compliant, and did not harm the interests of shareholders, and agreed to submit the proposal to the shareholders' meeting for review. The relevant service fee for renewal is RMB 8.94 million. The proposal is subject to final approval by the shareholders' meeting.