China Construction Bank : 29 Apr 2022Announcement on the Resolutions of the Meeting of the Board of Super...

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

(Stock Code: 939)

Announcement on the Resolutions of the Meeting of the Board of Supervisors

(29 April 2022)

The meeting of the board of supervisors (the "Meeting") of China Construction Bank Corporation (the "Bank") was held onsite on 29 April 2022 in Beijing. The Bank issued the written notice of the Meeting on 19 April 2022. The Meeting was chaired by Mr. Wang Yongqing, chairman of the board of supervisors. 9 supervisors were eligible to attend the Meeting and all of them attended the Meeting in person. The Meeting was convened in compliance with the Company Law of the People's Republic of China, the Articles of Association of China Construction Bank Corporation and other rules.

The following resolutions were considered and approved at the Meeting:

• I. Proposal on Report for the First Quarter of 2022

  Voting results: voted in favour: 9 votes, voted against: 0 vote, abstained from voting: 0 vote.

  The board of supervisors of the Bank was of the view that the preparation and review procedures relating to Report for the First Quarter of 2022 of the Bank complied with laws, administrative regulations and regulatory requirements. The contents of the report reflected the actual situation of the Bank truthfully, accurately and completely.

• II. Proposal on the 2022 Performance Appraisal Plan for Shareholder Representative Supervisors

  Voting results: voted in favour: 9 votes, voted against: 0 vote, abstained from voting: 0 vote.

III. Proposal on the Re-election of Mr. Wang Yongqing as Shareholder Representative Supervisor of the Bank

Voting results: voted in favour: 9 votes, voted against: 0 vote, abstained from voting: 0 vote.

It was resolved at the Meeting that Mr. Wang Yongqing be nominated for re-election as shareholder representative supervisor of the Bank, whose term of office will be three years and will be terminated on the date of the 2024 annual general meeting of the Bank.

Mr. Wang Yongqing, born in September 1963, is of Chinese nationality. Mr. Wang has served as chairman of the board of supervisors of the Bank since October 2019. Mr. Wang served as vice chairman of the China Federation of Industry and Commerce from December 2016 to July 2019. He served consecutively as deputy director (director-general level) and director of the fifth bureau, director of the sixth bureau of the United Front Work Department of the CPC Central Committee from December 2003 to November 2016. He served consecutively as deputy director of the general office, assistant general manager and director of the general office, and chief accountant of China International Engineering Consulting Corporation from December 1998 to December 2003. He worked in China Development Bank from July 1994 to December 1998, and the Ministry of Railway from July 1985 to July 1994. Mr. Wang is a senior accountant. He graduated from Hubei Institute of Finance and Economics, and obtained a master's degree in economics from Renmin University of China and a PhD degree in economics from Beijing Jiaotong University.

Save as disclosed in the biographical details, Mr. Wang Yongqing confirms that: (i) he has no other relationship with the Bank's directors, supervisors, senior management, substantial shareholders or controlling shareholder; (ii) he has no interest in shares of the Bank as defined in Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); (iii) he did not hold any directorship in any other listed company in the last three years, nor does he hold any positions in any members of the Group; and (iv) he is not in possession of any information that is required to 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"), and there is no other issue that shall be brought to the attention of the shareholders of the Bank.

The emoluments of Mr. Wang Yongqing shall be implemented pursuant to the relevant regulations, which consist of emoluments payable, social insurance and other income. The Nomination and Remuneration Committee of the Board shall, after the end of each year, propose the emoluments distribution and settlement plan, which shall be reviewed by the Board and submitted to the shareholders' general meeting for approval. The Bank will make disclosure after the relevant emoluments are determined. For details of the emoluments, please refer to the annual report, relevant announcement and circular to be published by the Bank in due course.

It was resolved that this proposal be submitted to the 2021 annual general meeting of the Bank for consideration.

IV. Proposal on the Re-election of Mr. Zhao Xijun as External Supervisor of the Bank

Voting results: voted in favour: 9 votes, voted against: 0 vote, abstained from voting: 0 vote.

It was resolved at the Meeting that Mr. Zhao Xijun be nominated for re-election as external supervisor of the Bank, whose term of office will be three years and will be terminated on the date of the 2024 annual general meeting of the Bank.

Mr. Zhao Xijun, born in August 1963, is of Chinese nationality. Mr. Zhao has served as supervisor of the Bank since June 2019. Mr. Zhao has served as joint dean of the China Capital Market Research Institute, Renmin University of China since 2020. He served as deputy dean of the School of Finance of Renmin University of China from 2005 to 2019, director of international office of Renmin University of China from 2001 to 2005, head of finance department of the School of Finance of Renmin University of China from 1995 to 2001 and a research fellow of the international department of the China Securities Regulatory Commission from 1994 to 1995. Mr. Zhao is independent non-executive director of China National Foreign Trade Financial & Leasing Co., Ltd. and iFLYTEK Co., Ltd. Mr. Zhao served as independent non-executive director of the Bank from August 2010 to March 2014.

Mr. Zhao was a visiting scholar in University of Sherbrooke and McGill University, Canada from 1989 to 1990 and Nijenrode University, Netherlands from 1995 to 1996. Mr. Zhao graduated from Wuhan University with a bachelor's degree in Scientific French in 1985, completed his graduate studies from the finance department of Renmin University of China in 1987, and received his PhD degree from the School of Finance of Renmin University of China in 1999.

Save as disclosed in the biographical details, Mr. Zhao Xijun confirms that: (i) he has no other relationship with the Bank's directors, supervisors, senior management, substantial shareholders or controlling shareholder; (ii) he has no interest in shares of the Bank as defined in Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of

Hong Kong); (iii) he did not hold any directorship in any other listed company in the last three years, nor does he hold any positions in any members of the Group; and (iv) he is not in possession of any information that is required to be disclosed pursuant to Rule 13.51(2) of the Hong Kong Listing Rules, and there is no other issue that shall be brought to the attention of the shareholders of the Bank.

The allowances of Mr. Zhao Xijun shall be determined pursuant to the Measures on Management of Allowances for Independent Directors and External Supervisors of China Construction Bank Corporation. The Nomination and Remuneration Committee of the Board shall, after the end of each year, propose the emoluments distribution and settlement plan, which shall be reviewed by the Board and submitted to the shareholders' general meeting for approval. The Bank will make disclosure after the relevant allowances are determined.

For details of the allowances, please refer to the annual report, relevant announcement and circular to be published by the Bank in due course.

It was resolved that this proposal be submitted to the 2021 annual general meeting of the Bank for consideration.

Announcement of the captioned matters is hereby given.

The Board of Supervisors of China Construction Bank Corporation

29 April 2022

As at the date of this announcement, the executive director of the Bank is Mr. Tian Guoli; the non-executive directors of the Bank are Mr. Xu Jiandong, Mr. Zhang Qi, Mr. Tian Bo, Mr. Xia Yang, Ms. Shao Min and Ms. Liu Fang; and the independent non-executive directors of the Bank are Sir Malcolm Christopher McCarthy, Mr. Kenneth Patrick Chung, Mr. Graeme Wheeler, Mr. Michel Madelain, Mr. William Coen and Mr. Leung Kam Chung, Antony.