Bank of Chongqing : CHANGE OF BOARD COMMITTEE CHAIRMEN

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BANK OF CHONGQING CO., LTD.*

重慶銀行股份有限公司*

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

(Stock Code: 1963)

(Stock Code of Preference Shares: 4616)

CHANGE OF BOARD COMMITTEE CHAIRMEN

According to operational needs, the board of directors (the "Board") of Chongqing Co., Ltd.* (the "Bank") has resolved to change the chairmen of the Risk Management Committee, the Connected Transactions Control Committee and the Remuneration and Appraisal Committee under the Board. With effect from August 5, 2020:

1. Dr. FUNG Don Hau has been appointed as the chairman of the Risk Management Committee, and Mr. WONG Hon Hing shall cease to be the chairman of the Risk Management Committee but serve as a member of the Risk Management Committee;
2. Dr. ZOU Hong has been appointed as the chairman of the Connected Transactions Control Committee, and Dr. LIU Xing shall cease to be the chairman of the Connected Transactions Control Committee but serve as a member of the Connected Transactions Control Committee; and
3. Mr. WANG Rong has been appointed as the chairman of the Remuneration and Appraisal Committee, and Mr. YUAN Xiaobin shall cease to be the chairman of the Remuneration and Appraisal Committee but serve as a member of the Remuneration and Appraisal Committee.

Please refer to the 2019 annual report and the announcement dated May 12, 2020 of the Bank for biographies of Dr. FUNG Don Hau, Mr. WONG Hon Hing, Dr. ZOU Hong, Dr. LIU Xing, Mr. WANG Rong and Mr. YUAN Xiaobin, and other relevant information.

For and on behalf the Board

Bank of Chongqing Co., Ltd.*

LIN Jun

Chairman

Chongqing, the PRC, August 5, 2020

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As at the date of this announcement, the executive directors of the Bank are Ms. LIN Jun, Mr. RAN Hailing, Mr. LIU Jianhua and Mr. WONG Wah Sing; the non-executive directors of the Bank are Mr. WONG Hon Hing, Mr. DENG Yong, Mr. YANG Yusong, Mr. TANG Xiaodong, Mr. WU Heng and Ms. LIU Ying; and the independent non-executive directors of the Bank are Dr. LIU Xing, Mr. WANG Rong, Dr. ZOU Hong, Dr. FUNG Don Hau and Mr. YUAN Xiaobin.

• The Bank holds a financial licence number B0206H250000001 approved by the regulatory authority of the banking industry of the PRC and was authorised by the Administration for Market Regulation of Chongqing to obtain a corporate legal person business licence with a unified social credit code 91500000202869177Y. The Bank is not an authorised institution within the meaning of the Hong Kong Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorised to carry on banking and/or deposit-taking business in Hong Kong.

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