Bank of Chongqing : ANNOUNCEMENT ON RESIGNATION OF NON-EXECUTIVE DIRECTOR

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

BANK OF CHONGQING CO., LTD.*

ࠠᅅვБٰ΅Ϟࠢʮ̡*

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

(Stock Code: 1963)

(Stock Code of Preference Shares: 4616)

ANNOUNCEMENT ON RESIGNATION OF NON-EXECUTIVE DIRECTOR

The board of directors of Bank of Chongqing Co., Ltd.* (the "Bank") recently received a resignation letter from Mr. TANG Xiaodong, a non-executive director of the Bank, informing of his voluntary resignation from his position as a non-executive director of the Bank due to job re-designation. The resignation of Mr. TANG Xiaodong takes effect from March 12, 2021.

As confirmed by Mr. TANG Xiaodong, he has no disagreement with the board of directors of the Bank and that there is no other matter that needs to be brought to the attention of the shareholders of the Bank.

Since joining the board of directors of the Bank in 2018, Mr. TANG Xiaodong has performed his duties with dedication, diligence and responsibilities to duties, and has made significant contribution to corporate governance, strategic management and other matters of the Bank. The Board would like to express its sincere gratitude to Mr. TANG Xiaodong for his contributions to the Bank during his term of office with the Bank.

For and on behalf the Board Bank of Chongqing Co., Ltd.*

LIN Jun

Chairman

Chongqing, the PRC, March 12, 2021

As at the date of this announcement, the executive directors of the Bank are Ms. LIN Jun, Mr. RAN Hailing, Mr. LIU Jianhua and Mr. WONG Wah Sing; the non-executive directors of the Bank are Mr. WONG Hon Hing, Mr. YANG Yusong, Mr. WU Heng and Ms. LIU Ying; and the independent non-executive directors of the Bank are Dr. LIU Xing, Mr. WANG Rong, Dr. ZOU Hong, Dr. FUNG Don Hau and Mr. YUAN Xiaobin.

*The Bank holds a financial licence number B0206H250000001 approved by the regulatory authority of the banking industry of the PRC and was authorised by the Administration for Market Regulation of Chongqing to obtain a corporate legal person business licence with a unified social credit code 91500000202869177Y. The Bank is not an authorised institution within the meaning of Hong Kong Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorised to carry on banking and/or deposit-taking business in Hong Kong.