China Construction Bank : Announcement on Distribution of Dividends for Domestic Preference Shares

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

(Stock Code: 939)

(USD Preference Shares Stock Code: 4606)

Announcement on Distribution of Dividends for Domestic Preference Shares

Highlights:

• Stock code: 360030
• Stock abbreviation: 建行優1
• Cash dividend payable to each preference share shall be RMB4.75 (before tax)
• Last trading day: 24 December 2019
• Share record date: 25 December 2019
• Ex-dividenddate: 25 December 2019
• Dividend payment date: 26 December 2019

1. The Meeting of the Board of Directors Approving the Dividend Distribution Plan of Domestic Preference Shares
   The Proposal on the Plan of Issuance of Domestic Preference Shares by China Construction Bank Corporation was considered and approved at the 2014 annual general meeting, the 2015 first A shareholders class meeting and the 2015 first H shareholders class meeting held by China Construction Bank Corporation (the "Bank") on 15 June 2015, which authorised the board of directors of the Bank (the "Board") to decide and handle relevant matters relating to the payment of dividends to holders of the domestic preference shares in accordance with the issuance proposal. The dividend distribution plan of domestic preference shares was considered and approved at the meeting of the Board. Please refer to the Announcement on the Resolutions of the Meeting of the Board of Directors published on the HKEXnews website of Hong Kong Exchanges and Clearing Limited (www.hkexnews.hk) and the website of the Bank (www.ccb.com) on 30 October 2019.

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1. The Dividend Distribution Plan of Domestic Preference Shares
2. 1. Dividend period: From 26 December 2018 to 25 December 2019
   2. Last trading day: 24 December 2019
   3. Share record date: 25 December 2019
   4. Ex-dividenddate: 25 December 2019
   5. Dividend payment date: 26 December 2019
   6. Recipients: All holders of 建行優1 whose names appear on the register of members in China Securities Depository and Clearing Corporation Limited, Shanghai Branch, after the close of trading hours of the Shanghai Stock Exchange on 25 December 2019.
   7. Dividend rate and amount to be paid: Calculated as per 建行優1's dividend rate of 4.75%, cash dividend payable to each preference share shall be RMB4.75 (tax inclusive). Based on the 600 million 建行優1 issued, the Bank will distribute cash dividends of RMB2.850 billion in total (tax inclusive).
   8. Tax withholding: Shareholders who are resident enterprises (including institutional investors) under the Enterprise Income Tax Law of People's Republic of China shall pay the dividend income tax of cash dividends by themselves, and the Bank will actually pay a cash dividend of RMB4.75 per preference share to these shareholders. The payment of dividend income tax by other shareholders shall be carried out in accordance with relevant regulations.

1. Measures for the Implementation of the Dividend Distribution Plan of Domestic Preference Shares
   The Bank will distribute cash dividends to holders of 建行優1 by itself directly.

IV. Contact Information

Contact department:	Board of Directors Office of China Construction Bank Corporation
Address:	No. 25, Finance Street, Xicheng District, Beijing, China
Postcode:	100033
Tel:	(8610) 6621 5533
Fax:	(8610) 6621 8888

Announcement of the captioned matter is hereby given.

By Order of the Board

China Construction Bank Corporation

Liu Guiping

Vice Chairman, Executive Director and President

17 December 2019

As at the date of this announcement, the executive directors of the Bank are Mr. Tian Guoli, Mr. Liu Guiping and Mr. Zhang Gengsheng; the non-executive directors of the Bank are Ms. Feng Bing, Mr. Zhu Hailin, Mr. Wu Min, Mr. Zhang Qi, Mr. Tian Bo and Mr. Xia Yang; and the independent non-executive directors of the Bank are Ms. Anita Fung Yuen Mei, Sir Malcolm Christopher McCarthy, Mr. Carl Walter, Mr. Kenneth Patrick Chung and Mr. Graeme Wheeler.

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