iQIYI, Inc.

Mr. Weijian Shan has tendered his resignation as a director and a member of the audit committee and compensation committee of iQIYI, Inc. (the “Company”). Ms. Philana Wai Yin Poon has been appointed as a new, independent director of the Company. These changes became effective on December 3, 2025.

With an education background in law, Ms. Poon has approximately 30 years of post-qualification experience bothin-house and in private practice. From 2015 to 2020, Ms. Poon was the executive director of legal and compliance of The Hong Kong Jockey Club (“HKJC”). She was a member of HKJC’s board of management as well as the company secretary of HKJC. From 1998 to 2015, Ms. Poon held various senior positions within the PCCW Group including group general counsel and company secretary. She has a wealth of experience in the telecommunications, media and information technology industries, as well as in the areas of mergers and acquisitions, corporate finance, corporate governance and advising on matters relating to the Listing Rules and the Securities and Futures Ordinance. Before joining PCCW Group, Ms. Poon worked in various law firms from 1992 to 1998, including Lovells and Baker & McKenzie. Ms. Poon has been an independentnon-executive director of MIXUE Group (SEHK: 2097) since December 2023 and an independentnon-executive director of Meitu, Inc. (SEHK: 1357) since June 2024. Ms. Poon was an independentnon-executive director of Asia Satellite Telecommunications Holdings Limited (“AsiaSat”, a company then listed on the Hong Kong Stock Exchange, SEHK: 1135) from March 2018 to September 2019, and anon-executive director of AsiaSat since its privatization from September 2019 to March 2025. She was also an independentnon-executive director of Forgame Holdings Limited (SEHK: 0484) from September 2013 to May 2018, and an independentnon-executive director of AZ Electronic Materials S.A. (LSE: AZEM) from 2012 to 2014. Ms. Poon obtained a doctor of law degree from Cornell University in May 1992 and a bachelor’s degree in commerce from the University of Toronto in November 1989.