Bank of China : Announcement-Resignation of Non-executive Director of the Bank

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中 國 銀 行 股 份 有 限 公 司

BANK OF CHINA LIMITED

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

(the "Bank")

(Stock Code: 3988 and 4619 (Preference Shares))

Announcement

Resignation of Non-executive Director of the Bank

Due to the change of job, Mr. Liao Qiang has tendered his resignation to the Board of Directors of the Bank (the "Board") as Non-executive Director of the Bank and member of Strategic Development Committee, Corporate Culture and Consumer Protection Committee and Risk Policy Committee of the Board. The resignation shall become effective as of 5 March 2020.

Mr. Liao Qiang has confirmed that he has no disagreement with the Board, and there are no matters that need to be brought to the attention of the shareholders of the Bank.

The Board is grateful to Mr. Liao Qiang for his contribution to the Bank during his tenure.

The Board of Directors of

Bank of China Limited

Beijing, PRC

5 March 2020

As at the date of this announcement, the directors of the Bank are: Liu Liange, Wang Jiang, Lin Jingzhen, Zhao Jie*, Xiao Lihong*, Wang Xiaoya*, Zhang Jiangang*, Wang Changyun#, Angela Chao#, Jiang Guohua# and Martin Cheung Kong Liao#.

*  Non-executive Directors

#Independent Non-executive Directors