Yiren Digital Ltd. announced that on June 17, 2024, Mr. Qing Li resigned from the board of directors of the Company due to personal reasons. Mrs. Shuo Zheng was appointed by the Board as a director of the Company to succeed Mr. Qing Li. In addition, the Board has appointed Mrs. Zheng as a member of the nominating and corporate governance committee, a member of the audit committee, a member of the compensation committee, and a member of the newly formed ESG (Environmental, Social, and Governance) committee of the Board.

The director change became effective on June 17, 2024. Mrs. Shuo Zheng has over 28 years of experience in financial control and regulatory compliance within both corporate and personal banking sectors. FromJune 2016 to July 2023, she hadserved as the Head of Regulatory Compliance and Branch Compliance at JPMorgan Chase Bank China.

Prior to this, from August 2011 to June 2016, she was the Head of North Region Compliance and Approved Compliance Officer for Citibank Beijing branch. Ms. Zheng also held positions at China offices of Deutsche Bank, Standard Chartered Bank and HSBC from 1995 to 2011. Ms. Zheng holds a bachelor's degree in finance from the Financial and Banking Institution of China, now part of the University of International Business and Economics, which she obtained in 1992.

She also holds ACCA Certificates (Chinese version) and the Insurance Agent Sales Certificate. Establishment of ESG Board Committee: As a strategic imperative that reflects commitment to sustainable growth and responsible corporate governance, the Board has approved the establishment of an ESG (Environmental, Social, and Governance) Committee under the Board, consisting of Mr. Ning Tang as the committee chair, Mr. Hao Li and Mrs. Shuo Zheng as the committee members, effective June 17, 2024.