The board of supervisors of China Merchants Bank Co., Ltd. (the "Company") received a letter of resignation from Mr. Wang Wanqing, an employee supervisor
of the Company. By reason of his age, Mr. Wang Wanqing tendered his resignation to the Board of Supervisors as an Employee Supervisor and a member of the Supervisory Committee under the Board of Supervisors. In accordance with relevant laws and regulations and the Articles of Association of China Merchants Bank Co., Ltd., the resignation of Mr. Wang Wanqing will take effect after a new Employee Supervisor has been elected by the employee representative meeting of the Company to fill his vacancy. Until then, Mr. Wang Wanqing will continue to perform his duties as an Employee Supervisor and in special committee under the Board of Supervisors in accordance with the provisions of relevant laws, regulations and requirements of the Articles of Association of China Merchants Bank Co., Ltd.
Mr. Wang Wanqing has confirmed that he has no disagreement with the Board of Supervisors and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders and creditors of the Company.