Bank of Gansu : RESIGNATION OF SHAREHOLDER SUPERVISOR

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BANK OF GANSU CO., LTD.*

͚ഠვБٰ΅Ϟࠢʮ̡*

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

(Stock Code: 2139)

RESIGNATION OF SHAREHOLDER SUPERVISOR

The board of directors (the "Board") of Bank of Gansu Co., Ltd. (the "Bank") announces that the board of supervisors of the Bank (the "Board of Supervisors") received the letter of resignation from Mr. Li Yongjun ( ҽ͑ࠏ ), a shareholder supervisor, on March 29, 2020. Due to work reasons, Mr. Li would like to resign as a shareholder supervisor of the Bank and a member of nomination committee of the Board of Supervisors (the "Nomination Committee").

The Bank is currently identifying a suitable candidate as the replacement of Mr. Li as a shareholder supervisor, and will make a further announcement in due course. Mr. Li will continue to perform his duties as a shareholder supervisor of the Bank and a member of the Nomination Committee until the new supervisor is appointed. Mr. Li's resignation as a shareholder supervisor of the Bank and a member of the Nomination Committee will take effect from the date when the new shareholder supervisor of the Bank formally assumes his/her role.

Mr. Li has confirmed that he has no disagreement with the Board and the Board of Supervisors and there are no circumstances related to his resignation which need to be brought to the attention of the shareholders and creditors of the Bank, or The Stock Exchange of Hong Kong Limited.

The Board of Supervisors would like to take this opportunity to express its gratitude to Mr. Li for his contribution to the Bank's development during his term of office.

By Order of the Board Bank of Gansu Co., Ltd.*

LIU Qing Chairman

Lanzhou, Gansu Province

March 29, 2021

As of the date of this announcement, the Board comprises Mr. LIU Qing and Mr. WANG Wenyong as executive Directors; Ms. WU Changhong, Ms. ZHANG Hongxia, Mr. GUO Jirong, Mr. ZHANG Youda and Mr. LIU Wanxiang** as non-executive Directors; and Ms. TANG Xiuli, Ms. LUO Mei, Mr. WONG Sincere and Mr. DONG Ximiao as independent non-executive Directors.

*Bank of Gansu Co., Ltd. is not an authorized institution within the meaning of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorized to carry on banking/deposit-taking business in Hong Kong.

**

The qualification of Mr. LIU Wanxiang as a director is subject to approval of the competent regulatory authority.