[SCSB] Announcement on behalf of subsidiary Shanghai Commercial Bank Ltd. regarding the re-election of Chairman

1. Date of the board of directors resolution or date of occurrence of the change: April 22, 2026 2. Type of personnel (please enter chairman or general manager): Chairman 3. Name of the previous position holder: Mr. Stephen Ching Yen Lee 4. Resume of the previous position holder: Chairman and Non-executive Director of Shanghai Commercial Bank Ltd. 5. Name of the new position holder: Mr. Stephen Ching Yen Lee 6. Resume of the new position holder: Chairman and Non-executive Director of Shanghai Commercial Bank Ltd. 7. Circumstances of change (please enter "resignation", "dismissal", "term expiration", "position adjustment", "severance", "retirement", "death" or "new appointment"): Term expiration 8. Reason for the change: Re-election upon term expiration 9. Effective date of the new appointment: April 22, 2026 10. Other matters that need to be specified (if the subject of the event or resolution is a public company or above, whether this material information also meets the criteria for matters having a significant impact on shareholder equity or securities prices under Subparagraph 6, Paragraph 1, Article 7 of the Securities and Exchange Act Enforcement Rules): None