Bank of Qingdao Co., Ltd. Announces Resignation of Choi Chi Kin, Calvin as Non-Executive Director, effective August 26, 2022

Bank of Qingdao Co., Ltd. is principally engaged in corporate banking business. The Company operates its business through four segments. The Corporate Banking segment is engaged in the provision of a range of financial products and services to corporations, government agencies and financial institutions. The Retail Banking segment is engaged in the provision of a range of financial products and services to individual customers. The Financial Market Business segment is engaged in the Company’s financial market operations, including inter-bank money market transactions, repurchases transactions, investments in debt securities and non-standardized debt investments. The Un-allocated Items and Others segment is engaged in head office assets, liabilities, income and expenses that are not directly attributable to a segment.