Agricultural Bank of China : APPOINTMENT OF EXECUTIVE DIRECTOR2021-06-16

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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 EXECUTIVE DIRECTOR

Reference is made to the announcement on the poll results of the 2020 annual general meeting of Agricultural Bank of China Limited (the "Bank") dated 27 May 2021 (the "AGM") and the announcement on the resolutions of the board of directors (the "Board") of the Bank dated 30 March 2021. Mr. LIN Li was elected as an executive director of the Bank at the AGM and was elected as a member of each of the Strategic Planning and Sustainable Development Committee, the Risk Management and Consumers' Interest Protection Committee and Risk Management Committee of Institutions in the United States Regions at the meeting of the Board held on 30 March 2021, subject to the ratification of his qualification as a director of the Bank by the China Banking and Insurance Regulatory Commission (the "CBIRC").

The Bank received the Approval on the Qualification of Mr. LIN Li of Agricultural Bank of China Limited (Yin Bao Jian Fu [2021] No. 460) from the CBIRC today. Mr. LIN Li's term of office to serve as an executive director of the Bank, and a member of each of the Strategic Planning and Sustainable Development Committee, the Risk Management and Consumers' Interest Protection Committee and Risk Management Committee of Institutions in the United States Regions shall commence from 15 June 2021.

Please refer to the Appendix to this announcement for the biographical details of Mr. LIN Li.

By Order of the Board

Agricultural Bank of China Limited

HAN Guoqiang

Company Secretary

Beijing, the PRC

15 June 2021

As at the date of this announcement, the executive directors are Mr. GU Shu, Mr. ZHANG Qingsong, Mr. ZHANG Xuguang and Mr. LIN Li; the non-executive directors are Mr. ZHU Hailin, Mr. LIAO Luming, Mr. LI Qiyun, Mr. LI Wei, Mr. WU Jiangtao and Ms. ZHOU Ji; and the independent non-executive directors are Ms. XIAO Xing, Mr. WANG Xinxin, Mr. HUANG Zhenzhong, Ms. LEUNG KO May Yee, Margaret and Mr. LIU Shouying.

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APPENDIX - BIOGRAPHIC DETAILS OF MR. LIN LI

Mr. LIN Li, born in July 1968, holds a doctor's degree in Economics from Southwestern University of Finance and Economics and is a senior economist. He was appointed as an executive vice president of Agricultural Bank of China Limited in March 2021, and has been serving as an executive director and an executive vice president of Agricultural Bank of China Limited since June 2021. Mr. LIN successively worked in China Raw Materials Investment Corporation and China Development Bank. He previously served as a deputy director and director of general office, a director and secretary to the board of directors of China Everbright Group Corporation (concurrently serving as chief of the Reform and Development Steering Group Office of China Everbright Group Corporation, chief of the Office of Executive Directors of China Everbright Holdings Company Limited (in Hong Kong), a director of Sun Life Everbright Life Insurance Co., Ltd. and chairman of the board of supervisors of China Everbright Investment Management Co., Ltd.), and the executive vice president and senior executive vice president of China Everbright Bank (concurrently serving as a director of China UnionPay). Mr. LIN was appointed as the vice president of Agricultural Development Bank of China in January 2014, and served as an executive director and the vice president of Agricultural Development Bank of China in February 2018.

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