China Banking Corporation at its regular meeting held on March 1, 2023, the Board of Directors approved, confirmed, and/or ratified the reorganization of the following Board Committees of the Bank in view of the approved succession plan for the position of the President, effective April 1, 2023: Executive Committee: Hans T. Sy - Chairman; Gilbert U. Dee - Member; Peter S. Dee - Member: Joaquin T. Dee - Member; Romeo D. Uyan, Jr. - Member. Trust Investment Committee: Peter S. Dee - Chairman; Harley T. Sy - Member; Jose T. Sio - Member; Romeo D. Uyan, Jr. - Member; Mary Ann T. Lim - Member.