Postal Savings Bank of China : ANNOUNCEMENT ON POLL RESULTS OF THE 2021 FIRST EXTRAORDINARY GENERAL MEETING

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POSTAL SAVINGS BANK OF CHINA CO., LTD.

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

(Stock Code: 1658)

(Stock Code of Preference Shares: 4612)

ANNOUNCEMENT ON POLL RESULTS OF

THE 2021 FIRST EXTRAORDINARY GENERAL MEETING

The board of directors (the "Board") of the Postal Savings Bank of China Co., Ltd. (the "Bank") hereby announces that, the 2021 First Extraordinary General Meeting (the "EGM") of the Bank was held at the head office of the Bank, No. 3 Financial Street, Xicheng District, Beijing, at 2:30 p.m. on Thursday, April 29, 2021.

The EGM was convened by the Board and Mr. Zhang Jinliang, Chairman of the Board, served as the chairman of the meeting and presided over the meeting. The EGM was convened in accordance with the requirements of the relevant laws and regulations of the PRC and the Articles of Association of the Bank, and the poll results are lawful and valid.

In compliance with the requirements of the Hong Kong Listing Rules, Computershare Hong Kong Investor Services Limited, the H Share registrar of the Bank, acted as the scrutineer for the EGM.

Reference is made to the circular of the Bank dated April 12, 2021 (the "Circular"), which contains the details of the resolutions tabled before the EGM for Shareholders' consideration and approval. Unless the context otherwise requires, the terms used herein shall have the same meanings as those used in the Circular.

POLL RESULTS OF THE EGM

As at the date of the EGM, the total number of issued Shares of the Bank was 92,383,967,605 Shares (including 72,527,800,605 A Shares and 19,856,167,000 H Shares). In accordance with the Articles of Association of the Bank, if the number of Shares of the Bank pledged by the Shareholder is equal to or greater than 50% of the Shares held by such Shareholder in the Bank, the voting right attached to the pledged Shares shall not be exercised at the Shareholders' meeting. As of the share registration date, so far as the Bank is aware, the number of Shares of the Bank pledged by part of Shareholders is equal to or greater than 50% of the Shares held by them in the Bank, and the voting right attached to a total of 326,297 pledged Shares shall not be exercised at the Shareholders' meeting. A total of 92,383,641,308 Shares, representing 99.999647% of the total

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Shares of the Bank, were entitled to vote on the resolutions proposed at the EGM. Shareholders and authorized proxies attending the EGM held an aggregate of 81,091,788,256 Shares with voting rights of the Bank, representing 87.777216% of the total number of Shares entitling its holders to attend and vote on the resolutions proposed at the EGM.

At the EGM, the following resolutions were considered and duly passed by way of poll.

			For		Against		Abstain
		No. of Shares		Percentage		No. of Shares		Percentage	No. of Shares		Percentage
	Resolutions	voted		(%)		voted		(%)	voted		(%)
		As Special Resolutions
1	To consider and approve the Proposal regarding	81,090,976,756		99.998999		106,700		0.000132	704,800		0.000869
	the Change in Registered Capital of the Bank
	The resolution was duly passed as a special resolution.
2	To consider and approve the Proposal regarding	81,090,982,856		99.999007		100,600		0.000124	704,800		0.000869
	the Amendments to the Articles of Association
	The resolution was duly passed as a special resolution.
3	To consider and approve the Proposal regarding	81,090,979,056		99.999002		104,400		0.000129	704,800		0.000869
	the Issuance of Write-down Eligible Tier 2
	Capital Instruments by the Bank
	The resolution was duly passed as a special resolution.
		As Ordinary Resolutions
4	To consider and approve the Proposal regarding	81,090,976,756		99.998999		106,700		0.000132	704,800		0.000869
	the Formulation of the Measures for Equity
	Management of Postal Savings Bank of China
	The resolution was duly passed as an ordinary resolution.
5	To consider and approve the Proposal regarding	80,831,717,665		99.679289		258,774,491		0.319113	1,296,100		0.001598
	the Re-election of Mr. Han Wenbo as Non-
	executive Director of the Bank
	The resolution was duly passed as an ordinary resolution.
6	To consider and approve the Proposal regarding	80,917,742,897		99.785372		172,760,159		0.213043	1,285,200		0.001585
	the Election of Mr. Chen Donghao as Non-
	executive Director of the Bank
	The resolution was duly passed as an ordinary resolution.

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			For	Against		Abstain
		No. of Shares		Percentage	No. of Shares		Percentage	No. of Shares		Percentage
	Resolutions	voted		(%)	voted		(%)	voted		(%)
7	To consider and approve the Proposal regarding	80,673,865,015		99.484629	416,638,041		0.513786	1,285,200		0.001585
	the Election of Mr. Wei Qiang as Non-executive
	Director of the Bank
	The resolution was duly passed as an ordinary resolution.
						By order of the Board
					Postal Savings Bank of China Co., Ltd.
							Du Chunye
					Joint Company Secretary
Beijing, PRC
April 29, 2021

As at the date of this announcement, the Board of the Bank comprises Mr. Zhang Jinliang as Chairman and Non-executive Director; Mr. Zhang Xuewen and Ms. Yao Hong as Executive Directors; Mr. Han Wenbo, Mr. Liu Yue and Mr. Ding Xiangming as Non-executive Directors; Mr. Fu Tingmei, Mr. Wen Tiejun, Mr. Chung Shui Ming Timpson, Mr. Hu Xiang and Ms. Pan Yingli as Independent Non-executive Directors.

• Postal Savings Bank of China Co., Ltd. is not an authorized institution within the meaning of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorized to carry on banking and/or deposit-taking business in Hong Kong.

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