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                Disclosure on FAF's replacement of external auditors

                Deloitte Touche Tohmatsu CPA LLP (special ordinary partnership) has been 8 years since 2013-2020 as FAF's external audit. Now because of the length of service to limit, after the company's internal selection process and the approval of the board of Directors, FAF appoint Ernst & Young Hua Ming LLP (Special General partnership) Shanghai Branch as the external auditor in 2021 for one year. Ernst & Young Hua Ming is a multinational professional services company headquartered in London, United Kingdom. It is one of the big Four accounting firms with rich audit experience in the financial industry.

                FAF thanked Deloitte Touche Tohmatsu for its eight years of external audit services.