Agricultural Bank of China : NOMINATION OF SUPERVISORS OF THE BANK2021-09-16

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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)

NOMINATION OF SUPERVISORS OF THE BANK

The board of supervisors of Agricultural Bank of China Limited (the "Bank") issued a written notice of the seventh meeting of the board of supervisors of the Bank of 2021 (the "Meeting") by email on 10 September 2021 and held the Meeting by way of written resolution on 16 September 2021. 8 supervisors were entitled to attend and all of them attended the Meeting. The Meeting was conducted in compliance with the applicable laws and regulations, the articles of association of the Bank and the rules of procedure of the board of supervisors.

The following proposals were considered and approved at the Meeting of the board of supervisors:

1. Nomination of Mr. WANG Jingdong to be re-elected as a supervisor representing shareholders of the Bank

It was resolved at the Meeting to nominate Mr. WANG Jingdong as a candidate for supervisor representing shareholders of the Bank and to continue serving as a supervisor representing shareholders of the Bank, subject to the approval of his appointment by a shareholders' general meeting of the Bank. The term of office for Mr. WANG Jingdong will be three years, commencing upon the date of approval by the shareholders' general meeting of the Bank.

The profile of Mr. WANG Jingdong is set out below:

Mr. WANG Jingdong, born in December 1962, holds a bachelor's degree in agronomy from Huazhong Agricultural College and is a senior engineer. Mr. WANG has served as the Chairman of the Board of Supervisors and a Supervisor representing Shareholders of the Bank since November 2018. Mr. WANG successively worked in the Ministry of Agriculture, Animal Husbandry and Fisheries, the State Economic Commission and State Agriculture Investment Corporation. He successively served in several positions in China Development Bank, including an executive vice president of the Heilongjiang branch, a vice general manager of the human resources department of the head office, the general manager of the project appraisal department III of the head office, the president of Beijing branch and the general manager of human resources department of the head office. Mr. WANG has served as an executive vice president of Industrial and Commercial Bank of China since December 2013 and an executive director and executive vice president of Industrial and Commercial Bank of China since December 2016.

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Mr. WANG Jingdong will not receive any supervisor's fee from the Bank during his term, while his remuneration shall follow the relevant regulations and the relevant remuneration plan will be submitted to the shareholders' general meeting for consideration and approval after being approved in accordance with the relevant procedures. The remuneration of the supervisors to be paid by the Bank will be disclosed in the annual report each year and the relevant announcements.

Save as in this announcement, Mr. WANG Jingdong did not hold any directorship in any other listed companies or take up any post in any affiliated companies of the Bank in the past three years, nor have any relationship with any other director, supervisor, senior management, substantial shareholder or controlling shareholder of the Bank. Furthermore, Mr. WANG Jingdong does not have any equity interest in the Bank within the meaning of Part XV of the Securities and Futures Ordinance of Hong Kong. Save as disclosed herein, there is no other information relating to the appointment of Mr. WANG Jingdong that shall be disclosed pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Hong Kong Listing Rules"), nor any matters which need to be brought to the attention of the shareholders of the Bank.

2. Nomination of Ms. LIU Hongxia to be re-elected as an external supervisor of the Bank

It was resolved at the Meeting to nominate Ms. LIU Hongxia as a candidate for external supervisor of the Bank and to continue serving as an external supervisor of the Bank, subject to the approval of her appointment by a shareholders' general meeting of the Bank. The term of office for Ms. LIU Hongxia will be three years, commencing upon the date of approval by the shareholders' general meeting of the Bank.

The profile of Ms. LIU Hongxia is set out below:

Ms. LIU Hongxia, born in September 1963, holds a doctor's degree in management. She has served as an external Supervisor of the Bank since November 2018. From 1999 until now, Ms. LIU has been working as a professor, a supervisor for Ph.D. candidates, and a co-advisor for postdoctoral at the School of Accounting of Central University of Finance and Economics. Ms. LIU previously worked as a teaching assistant at Beijing Institute of Finance and Trade, a lecturer of Shandong University of Finance, an auditor of Zhongzhou Certified Public Accountants in Beijing, and a deputy professor of Central Financial Management Cadre College. She previously served as an independent director of China Merchants Bank, Fangda Special Steel Technology Co., Ltd., Beijing AriTime Intelligent Control Co., Ltd., Shanghai New Huang Pu Real Estate Co., Ltd., Langold Real Estate Co., Ltd., Shandong Humon Smelting Co., Ltd., Hebei Xingtai Rural Commercial Bank Company Limited, Nanjing Tanker Corporation of China Changjiang National Shipping Group Co. Ltd., etc. She currently serves as an independent director of Cinda Real Estate Co., Ltd., Joyoung Co., Ltd. and Dalian Zeus Entertainment Co., Ltd., etc.

Ms. LIU Hongxia will receive supervisor's fee as an external supervisor from the Bank during her term according to the relevant regulations, while the relevant remuneration plan will be submitted to the shareholders' general meeting for consideration and approval after being approved in accordance with the relevant procedures. The remuneration of the supervisors to be paid by the Bank will be disclosed in the annual report each year and the relevant announcements.

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Save as in this announcement, Ms. LIU Hongxia did not hold any directorship in any other listed companies or take up any post in any affiliated companies of the Bank in the past three years, nor have any relationship with any other director, supervisor, senior management, substantial shareholder or controlling shareholder of the Bank. Furthermore, Ms. LIU Hongxia does not have any equity interest in the Bank within the meaning of Part XV of the Securities and Futures Ordinance of Hong Kong. Save as disclosed herein, there is no other information relating to the appointment of Ms. LIU Hongxia that shall be disclosed pursuant to Rule 13.51(2) of the Hong Kong Listing Rules, nor any matters which need to be brought to the attention of the shareholders of the Bank.

3. Nomination of Mr. XU Xianglin as an external supervisor of the Bank

It was resolved at the Meeting to nominate Mr. XU Xianglin as a candidate for external supervisor of the Bank, subject to the approval of his appointment by a shareholders' general meeting of the Bank. The term of office for Mr. XU Xianglin will be three years, commencing upon the date of approval by the shareholders' general meeting of the Bank.

The profile of Mr. XU Xianglin is set out below:

Mr. XU Xianglin, born in October 1957, holds a master's degree in economics from Renmin University of China, and a professor and a supervisor for Ph.D. candidates of the Economics Teaching and Research Office of the Party School of the Central Committee of C.P.C. He previously served as a teacher in the Department of Economic Management of Renmin University of China, a teacher of the Economics Teaching and Research Office of Party School of the Central Committee of C.P.C, and has lectured the agricultural and rural economic development course at classes for cadre of the Party School of the Central Committee of C.P.C for a long time prior to his retirement. He is currently involved in guiding the development of a "three-in-one" integrated farmers' cooperative system in Jingbang town, Keshiketeng Banner, Inner Mongolia Autonomous Region. He is concurrently serving as the chairman of the board of supervisors of Beijing Jingxi Lilinhui Agricultural and By-products Planting Professional Cooperative.

Mr. XU Xianglin will receive supervisor's fee as an external supervisor from the Bank during his term according to the relevant regulations, while the relevant remuneration plan will be submitted to the shareholders' general meeting for consideration and approval after being approved in accordance with the relevant procedures. The remuneration of the supervisors to be paid by the Bank will be disclosed in the annual report each year and the relevant announcements.

Save as in this announcement, Mr. XU Xianglin did not hold any directorship in any other listed companies or take up any post in any affiliated companies of the Bank in the past three years, nor have any relationship with any other director, supervisor, senior management, substantial shareholder or controlling shareholder of the Bank. Furthermore, Mr. XU Xianglin does not have any equity interest in the Bank within the meaning of Part XV of the Securities and Futures Ordinance of Hong Kong. Save as disclosed herein, there is no other information relating to the appointment of Mr. XU Xianglin that shall be disclosed pursuant to Rule 13.51(2) of the Hong Kong Listing Rules, nor any matters which need to be brought to the attention of the shareholders of the Bank.

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4. Nomination of Mr. WANG Xixin as an external supervisor of the Bank

It was resolved at the Meeting to nominate Mr. WANG Xixin as a candidate for external supervisor of the Bank, subject to the approval of his appointment by a shareholders' general meeting of the Bank. The term of office for Mr. WANG Xixin will be three years, commencing upon the date of approval by the shareholders' general meeting of the Bank.

The profile of Mr. WANG Xixin is set out below:

Mr. Wang Xixin, born in August 1968, holds a doctor's degree in law from Peking University. He is currently a professor and a supervisor for Ph.D. candidates of Peking University Law School; the director of PKU-Yale Joint Centre for Law and Policy Reform Studies (China) and the Peking University Centre for Public Participation Studies and Supports, the executive dean of Peking University Law & Development Academy, the chief editor of Peking University Law Journal, the director of Peking University Centre for Studies of Constitutional and Administrative Law, being the Key Research Base of Humanities and Social Sciences of Ministry of Education. He previously worked at the Legal Affairs Office of Wuhan Municipal People's Government of Hubei Province; served as a vice dean of Peking University Law School and a deputy chief judge of the Administrative Trial Division of the Supreme People's Court (temporary). He is concurrently serving as a legal advisor of ministries and commissions under the State Council including Ministry of Education and State Administration for Market Regulation, a member of expert consultant committee for local governments including Beijing and Shanghai, and an independent director of Capital Securities Co., Ltd.

Mr. WANG Xixin will receive supervisor's fee as an external supervisor from the Bank during his term according to the relevant regulations, while the relevant remuneration plan will be submitted to the shareholders' general meeting for consideration and approval after being approved in accordance with the relevant procedures. The remuneration of the supervisors to be paid by the Bank will be disclosed in the annual report each year and the relevant announcements.

Save as in this announcement, Mr. WANG Xixin did not hold any directorship in any other listed companies or take up any post in any affiliated companies of the Bank in the past three years, nor have any relationship with any other director, supervisor, senior management, substantial shareholder or controlling shareholder of the Bank. Furthermore, Mr. WANG Xixin does not have any equity interest in the Bank within the meaning of Part XV of the Securities and Futures Ordinance of Hong Kong. Save as disclosed herein, there is no other information relating to the appointment of Mr. WANG Xixin that shall be disclosed pursuant to Rule 13.51(2) of the Hong Kong Listing Rules, nor any matters which need to be brought to the attention of the shareholders of the Bank.

By Order of the Board of Directors

Agricultural Bank of China Limited

HAN Guoqiang

Company Secretary

Beijing, the PRC

16 September 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 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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