HAITONG SECURITIES CO., LTD.

(the “Company”)

BOARD DIVERSITY POLICY

1. Purpose

1.1 This Policy aims to set out the approach to achieve diversity on the Company’s board of directors (the "Board").

2. Vision

2.1 The Company recognizes the importance of diversity to corporate governance and the board effectiveness.

3. Policy Statement

3.1 With a view to achieving a sustainable and balanced development, the Company sees increasing diversity at the Board level as an essential element in supporting the attainment of its strategic objectives and its sustainable development. In designing the Board’s composition, Board diversity has been considered from a number of aspects, including but not limited to skills, knowledge, experience, gender, age, cultural, race and educational background, etc. All Board nomination will be based on meritocracy and business needs of the Company from time to time while fully considering the goals and requirements of diversity on the Board.

4. Measurable Objectives

4.1 The director candidates nominated shall meet the requirements of related laws, regulations and articles of association, ensuring the effective discussion to enable the Board to make a prudential and rational decision promptly.

4.2 Nomination, Remuneration and Assessment Committee under the Board of Directors (the "Committee") shall choose director candidates following objective standards, including but not limited to:

4.2.1 considering skills, knowledge, experience, gender, age, cultural, race and educational background, etc; and

4.2.2 considering business characteristics and future development needs of the Company.

4.3 The ultimate decision will be made based on merit and contribution that the selected candidates will bring to the Board. The Board's composition (including gender, age, length of service) will be disclosed in the annual report.

4.4 When appropriate, the Board can seek improvement in one or more aspect(s) of the Board diversity and make relevant evaluation.  

5. Monitoring and Reporting

5.1 The Committee will report, in the annual report, on the Board's composition under diversified perspectives, and monitor the implementation of this Policy.

6. Review of this Policy

6.1 The Committee will review this Policy, as appropriate, to ensure the effectiveness of this Policy. The Committee will discuss any revisions that may be required, and recommend any such revisions to the Board for consideration and approval.

7. Disclosure of this Policy

7.1 This Policy will be published on the Company’s website for public information.

7.2 A summary of this Policy together with the measurable objectives set for implementing this Policy, and the progress made towards achieving those objectives will be disclosed in the annual Corporate Governance Report.

Note: If there is any inconsistency between the English and Chinese versions of the Policy, the Chinese version shall prevail.