Postal Savings Bank of China : FORM OF PROXY FOR THE 2021 FIRST EXTRAORDINARY GENERAL MEETING

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)

FORM OF PROXY FOR

THE 2021 FIRST EXTRAORDINARY GENERAL MEETING

						Number of shares to which this		H Shares
						form of proxy relates
I/We (Note 1)
of (Note 1)
being the registered holder(s) of			H Shares (Note 2)
of Postal Savings Bank of China Co., Ltd. (the "Bank"), hereby appoint the Chairman of the meeting or
				of				(Note 3)

as my/our proxy to attend and vote for me/us and on my/our behalf at the 2021 First Extraordinary General Meeting to be held at the Head Office of the Bank (No. 3 Financial Street, Xicheng District, Beijing) at 2:30 p.m. on April 29, 2021 (Thursday) or at any adjournment thereof as indicated hereunder in respect of the following resolutions. In the absence of any indication, the proxy may vote at his/her own discretion.

		Special Resolutions	For (Note 4)		Against (Note 4)	Abstain (Note 4)
1.		To consider and approve the Proposal regarding the Change in
		Registered Capital of the Bank
2.		To consider and approve the Proposal regarding the Amendments
		to the Articles of Association
3.		To consider and approve the Proposal regarding the Issuance of
		Write-down Eligible Tier 2 Capital Instruments by the Bank
		Ordinary Resolutions	For (Note 4)		Against (Note 4)	Abstain (Note 4)
4.		To consider and approve the Proposal regarding the Formulation
		of the Measures for Equity Management of Postal Savings Bank of
		China
5.		To consider and approve the Proposal regarding the Re-election of
		Mr. Han Wenbo as Non-executive Director of the Bank
6.		To consider and approve the Proposal regarding the Election of
		Mr. Chen Donghao as Non-executive Director of the Bank
7.		To consider and approve the Proposal regarding the Election of
		Mr. Wei Qiang as Non-executive Director of the Bank
Date:			Signature (Notes 5, 6 and 7):

Notes:

1. Please insert the full name(s) and address(es) (as shown in the register of members) in BLOCK CAPITALS. The name of all joint registered holders should be stated.
2. Please insert the number of shares in the Bank registered in your name(s) to which this form of proxy relates. If no number is inserted, this form of proxy will be deemed to be related to all the shares in the capital of the Bank registered in your name(s) (whether held alone or jointly with others).
3. If any proxy other than the Chairman of the meeting is preferred, please delete the words "the Chairman of the meeting or" and insert the name and address of the proxy desired in the space provided. A shareholder may appoint one or more proxies to attend and vote in his/her stead. A proxy need not be a shareholder of the Bank. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALED BY THE PERSON WHO SIGNS IT.
4. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTION, PLEASE PLACE A "✔" IN THE BOX MARKED "FOR". IF YOU WISH TO VOTE AGAINST ANY RESOLUTION, PLEASE PLACE A "✔" IN THE BOX MARKED "AGAINST". IF YOU WISH TO ABSTAIN FROM VOTING, PLEASE PLACE A "✔" IN THE BOX MARKED "ABSTAIN". If the form returned is duly signed but without specific direction on any of the resolutions, the proxy is entitled to vote or abstain from voting at his/her discretion in respect of all resolutions; or if in respect of a particular proposed resolution there is no specific direction, the proxy is entitled, in relation to that particular proposed resolution, to vote or abstain from voting at his/her discretion. A proxy will also be entitled to vote at his/her discretion on any resolution properly put to the meeting other than those set out in the notice convening the meeting. The shares abstained from voting will be counted in the calculation of the majority required for approving a resolution.
5. This form of proxy must be signed by you or your attorney duly authorized in writing or, in the case of a corporation, must be executed under its common seal or under the hand of its legal representative or an attorney duly authorized to sign the same. If this form of proxy is signed by an attorney of the appointer, the power of attorney authorizing that attorney to sign, or other documents of authorization, must be notarized.
6. In the case of joint holders, the one whose name stands first in the register of members shall alone be entitled to attend and vote at the meeting in respect of such shares.
7. In order to be valid, this form of proxy together with any notarized power of attorney or other documents of authorization (if any) must be deposited at the Bank's H Share registrar, Computershare Hong Kong Investor Services Limited at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not less than 24 hours before the time of holding the meeting or any adjourned meeting thereof. Unless otherwise specified, the dates and time contained in this form of proxy are in Hong Kong time.

• 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.