DATE OF BOARD MEETING AND DATE OF ANNOUNCEMENT OF FIRST QUARTER 2023 UNAUDITED FINANCIAL RESULTS

SHANGHAI,May 18,2023 --The board of directors (the "Board") of Noah Holdings Private Wealth and Asset Management Limited (the "Company",with its subsidiaries and consolidated affiliated entities,the "Group") will hold a Board meeting on Tuesday,May 30,2023(Hong Kongtime) for the purpose of,among others,considering and approvingthe unaudited financial results of the Group for the three monthsended March 31,2023 (the "Q1 Results")and its publication. The Company will announce itsQ1 Resultsat or around 6:00 a.m. on Wednesday,May 31,2023(Hong Kong time) on the website of The StockExchange of Hong Kong Limited atwww.hkexnews.hk.

Following the announcementof the Q1 Results,the Company's senior management will host a combined English and Chinese languageearnings conference call to discuss itsQ1Results and recent business activities.The conference call will be accessed via Zoom webinar with the following details:

Zoom webinar details:

Conferencetitle:

Noah Holdings 1Q23 Earnings Conference Call

Date/Time:

Tuesday,2023 at 8:00p.m.,U.S. Eastern Time

Wednesday,2023 at 8:00 a.m.,Hong Kong Time

MeetingID:

917 0088 0901

MeetingPasscode:

173954

Dial in:

–NewYork:

+1 929 205 6099

–London:

+44 330 088 5830

–Singapore:

+65 3165 1065

A replay will be available on the same day of the conference call until June 7,2023at the Company's investor relations website under the "Announcements & Events" section athttp://ir.noahgroup.com.

A live and archived webcast of the conference call will be available at the Company's investor relations website under the "Financial Reports" section at http://ir.noahgroup.com.

By Order of theBoard

Noah Holdings Private Wealth and Asset Management Limited

Jingbo Wang

Chairwoman of the Board

Hong Kong,May 17,2023

As of the date of this announcement,the Board comprises Ms. Jingbo Wang,the chairwoman of the Board,Mr. Zhe Yin and Ms. Chia-Yue Chang as directors; Mr. Neil Nanpeng Shen and Mr. Boquan He as non-executive directors; and Dr. Zhiwu Chen,Ms. May Yihong Wu,Mr. Tze-Kaing Yang and Mr. Jinbo Yao as independentdirectors.