Bank of Communications : ANNOUNCEMENT ON ASSESSMENT INDICATORS OF GLOBAL SYSTEMIC IMPORTANCE

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Bank of Communications Co., Ltd.

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 03328)

ANNOUNCEMENT ON ASSESSMENT INDICATORS OF

GLOBAL SYSTEMIC IMPORTANCE

This announcement is published by Bank of Communications Co., Ltd. (the "Bank") on a voluntary basis.

Set out below are the assessment indicators of global systemic importance of the Bank and its subsidiaries (the "Group") as at 31 December 2019.

	(in millions of RMB)
Assessment Indicators of Global Systemic Importance	2019
Total Exposures	10,677,609
Intra-Financial System Assets	1,191,958
Intra-Financial System Liabilities	1,338,216
Securities Outstanding	1,181,259
Payments Activity	161,012,702
Assets Under Custody	9,394,245
Underwritten Transaction in Debt and Equity Markets	540,758
Notional Amount of OTC Derivatives	6,000,585
Trading and AFS Securities	531,991
Level 3 Assets	68,811
Cross-Jurisdictional Claims	737,381
Cross-Jurisdictional Liabilities	815,415

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Note: calculated in accordance with the "Guidelines on Disclosure of Assessment Indicators of Global Systemic Importance of Commercial Banks".

By order of the Board of

Bank of Communications Co., Ltd.

Gu Sheng

Company Secretary

Shanghai, the PRC

30 July 2020

As at the date of this announcement, the directors of the Bank are Mr. Ren Deqi, Mr. He Zhaobin*, Mr. Song Guobin*, Mr. Li Longcheng*, Mr. Chan Siu Chung*, Mr. Song Hongjun*, Mr. Chen Junkui*, Mr. Liu Haoyang*, Ms. Li Jian#, Mr. Liu Li#, Mr. Yeung Chi Wai, Jason#, Mr. Woo Chin Wan, Raymond#, Mr. Cai Haoyi# and Mr. Shi Lei#.

• Non-executivedirectors

• Independent non-executive directors

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