2021 ESG Report

09 2021 ESG Report CRCBANK 10 Shareholders' Meeting The Shareholders' Meeting is the authority of CSRC Bank. The Shareholders' Meeting provides an effective communication channel with shareholders and ensures that all shareholders have the right to know, participate and vote on material topics of our bank. During the reporting period, we held one annual shareholders' meeting and one extraordinary shareholders' meeting, in which 18 proposals were considered and adopted. Both meetings were held in accordance with the relevant legal procedures to ensure the shareholders' rights to participate and vote. Among all the proposals, 12 of them were counted individually by small and medium shareholders. Board of Directors The Board of Directors is the decision-making body of CSRC Bank. Our Board of Directors currently consists of 13 members (4 women), including 3 executive directors, 5 non-executive directors and 5 independent directors (accounting for more than one-third of the total number of Board members). Our Board of Directors comprises the Strategy and "Three Rural" Financial Services Committee, Risk Management and Related Transaction Control Committee, Audit and Consumer Protection Committee, Nomination and Remuneration Committee, and Financial Integrity and Ethics Committee. During the reporting period, we held in total 6 meetings of the Board of Directors to consider 45 proposals. Board of Supervisors The Board of Supervisors is the supervisory body of CSRC Bank. Our Board of Supervisors currently has 6 members (2 women), including 2 shareholder supervisors, 2 external supervisors and 2 employee supervisors. Under the Board of Supervisors, there are Nomination and Performance Evaluation Committee and Supervisory Committee. During the reporting period, we held 4 meetings of the Board of Supervisors to consider 24 proposals. Senior Management The Senior Management is the executive body of CSRC Bank and is responsible to the Board of Directors. CSRC Bank has eight members of senior management, including a president, five vice presidents, one assistant president, and one secretary to the board of directors. Under the President's Office, there are Asset and Liability Management Committee, Internal Control Management Committee, Risk Management Committee, Financial Innovation Committee, Loan Review Committee, Technology Management Committee, and Investment Decision Committee. Investor Communication Received 74 batches of on-site research and teleconferences Participated in 27 brokerage strategy meetings CSRC Bank attaches great importance to the interests of investors and actively communicates with them to enhance their confidence in the development of our bank. We continued to strengthen the communication and interaction with investors using various approach, including mass media, official website, shareholders' meeting, results presentation, investor-analyst meeting, SSE e-interactive platform, investor hotline, investor mailbox and WeChat. During the reporting period, we received 74 batches of on-site research and teleconferences, with 583 institutional investors and 681 person times; Participated in 27 brokerage strategy meetings, 32 one-to-many exchanges and 399 person times. On October 25, 2021, CSRC Bank held the "2021 Investor Open Day" in Suzhou, China. Nearly 100 banking researchers and institutional investors attended the event. The leaders, investors and institutional analysts had a lively conversation and we responded to the investors' concerns in detail, further enhancing the investors' confidence in the development of our bank. 常熟农商银行 CHANGSHU RURAL COMMERCIAL BANK 常熟银行投资者开放日 2021 股票名辦股票代码: "2021 CSRC Bank Investor Open Day" Event Site ידיי In order to reduce information asymmetry and protect the rights and interests of investors and other stakeholders, especially the small and medium shareholders, we strictly complied with the regulatory requirements on information disclosure. We actively fulfilled the information disclosure obligations, steadily promoted voluntary information disclosure, and proactively made voluntary disclosures on matters of key concern to investors and the capital market, such as the formulation of corporate strategies, business development plans, risk management and differentiated operations. During the reporting period, CSRC Bank disclosed 4 regular reports, 41 interim announcements and 29 other institutional documents, and was awarded A grade in the SSE's disclosure evaluation for 2020-2021. Systematic Risk Prevention During the reporting period, CSRC Bank disclosed 4 regular reports, 41 interim nnouncements 29 other institutional documents CSRC Bank focuses on risk management, continuously improves risk control and strengthens the prevention of systemic risks. We have established a relatively comprehensive capital adequacy assessment process. Each year, we assess the capital adequacy under capital planning by setting uniform macroeconomic stress scenarios, considering the impact on major risks such as credit risk and market risk under different stress scenarios of GDP and M2 growth rates, and formulating different measures for various scenarios to maintain a reasonable capital adequacy level.

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