Bank of Qingdao : ANNOUNCEMENT - QUALIFICATION APPROVAL OF MR. LIU PENG AS VICE PRESIDENT

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Bank of Qingdao Co., Ltd.*

青島銀行股份有限公司*

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

(H Shares Stock Code: 3866)

(Preference Shares Stock Code: 4611)

ANNOUNCEMENT

QUALIFICATION APPROVAL OF MR. LIU PENG AS VICE PRESIDENT

Bank of Qingdao Co., Ltd. (the "Bank") has recently received the "Reply on the Qualification

Approval of Liu Peng as Senior Management of Banking Institutions in China by the CBIRC Qingdao Office" (Qing Yin Bao Jian Fu [2019] No. 452) 《( 青島銀保監局關於核准劉鵬銀行業金 融機構高級管理人員任職資格的批覆》(青銀保監覆〔2019〕452號)), in which the Qingdao Office of China Banking and Insurance Regulatory Commission (the "CBIRC Qingdao Office") has

approved the qualification of Mr. Liu Peng as the vice president of the Bank. The term of office for Mr. Liu Peng as the vice president of the Bank has commenced from 30 October 2019, and will end upon the expiry of the term of the seventh session of the board of directors of the Bank.

Biography of Mr. Liu Peng is set out as follow:

Mr. Liu Peng, born in 1981, holds a master degree from Oxford University.

Mr. Liu Peng has been the financial market business director and president of the financial market business unit of the head office of the Bank since July 2015. Previously, he worked in the Qingdao branch of Agricultural Bank of China, and served as an assistant to the general manager of international business department of the head office of Hengfeng Bank, and the general manager and president of the financial market business department and the general manager of asset management department of the head office of the Bank.

By order of the Board

Bank of Qingdao Co., Ltd.*

GUO Shaoquan

Chairman

Qingdao, Shandong Province, PRC

31 October 2019

As at the date of this announcement, the board of directors of the Bank comprises Mr. Guo Shaoquan, Mr. Wang Lin, Mr. Yang Fengjiang and Ms. Lu Lan as executive directors; Mr. Zhou Yunjie, Mr. Rosario Strano, Ms. Tan Lixia, Mr. Marco Mussita, Mr. Deng Youcheng and Mr. Choi Chi Kin, Calvin as non-executive directors; Mr. Wong Tin Yau, Kelvin, Mr. Chen Hua, Ms. Dai Shuping, Mr. Simon Cheung and Ms. Fang Qiaoling as independent non-executive directors.

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