Agricultural Bank of China : Appointment of Directors 2019-08-01

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AGRICULTURAL BANK OF CHINA LIMITED 中國農業銀行股份有限公司

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

(Stock Code: 1288)

APPOINTMENT OF DIRECTORS

Reference are made to the announcement on the resolutions of the board of directors (the "Board") of Agricultural Bank of China Limited (the "Bank") dated 11 January 2019, the announcement on the poll results of the 2019 first extraordinary general meeting (the "EGM") dated 1 March 2019, the announcement on the resolutions of the Board dated 15 May 2019 and the announcement on the poll results of the 2018 annual general meeting dated 30 May 2019 (the "AGM"). Each of Ms. LEUNG KO May Yee, Margaret and Mr. LIU Shouying was elected as an independent non-executive director of the Bank at the EGM, and Mr. WU Jiangtao was elected as a non-executive director of the Bank at the AGM, subject to the ratification of their qualifications by the China Banking and Insurance Regulatory Commission (the "CBIRC").

The Bank received the Approval on the Qualification of Ms. LEUNG KO May Yee, Margaret of Agricultural Bank of China Limited (Yin Bao Jian Fu [2019] No. 720), the Approval on the Qualification of Mr. WU Jiangtao of Agricultural Bank of China Limited (Yin Bao Jian Fu [2019] No. 721) and the Approval on the Qualification of Mr. LIU Shouying of Agricultural Bank of China Limited (Yin Bao Jian Fu [2019] No. 723) from the CBIRC today. According to relevant regulations, Ms. LEUNG KO May Yee, Margaret's term of office to serve as an independent non-executive director of the Bank shall commence from 30 July 2019, Mr. WU Jiangtao's term of office to serve as a non-executive director of the Bank shall commence from 29 July 2019, and Mr. LIU Shouying's term of office to serve as an independent non-executive director of the Bank shall commence from 29 July 2019.

Please refer to the announcement of the Bank on the resolutions of the Board dated 11 January 2019 for the biographical details of Ms. LEUNG KO May Yee, Margaret and Mr. LIU Shouying, and the announcement of the Bank on the resolutions of the Board dated 15 May 2019 for the biographical details of Mr. WU Jiangtao. As at the date of this announcement, there has been no change to such biographical details.

By Order of the Board Agricultural Bank of China Limited

ZHOU Wanfu

Company Secretary

Beijing, the PRC

1 August 2019

As at the date of this announcement, the executive directors are Mr. ZHOU Mubing, Mr. WANG Wei, Mr. CAI Dong and Ms. ZHANG Keqiu; the non-executive directors are Mr. XU Jiandong, Mr. CHEN Jianbo, Mr. LIAO Luming, Mr. LI Qiyun, Mr. LI Wei and Mr. WU Jiangtao and the independent non-executive directors are Mr. WEN Tiejun, Mr. Francis YUEN Tin-fan, Ms. XIAO Xing, Mr. WANG Xinxin, Mr. HUANG Zhenzhong, Ms. LEUNG KO May Yee, Margaret and Mr. LIU Shouying.