China Minsheng Banking : Announcement on Purchase of Shares of the Company by Senior Management

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中 國 民 生 銀 行 股 份 有 限 公 司

CHINA MINSHENG BANKING CORP., LTD.

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

(Stock Code: 01988)

(USD Preference Shares Stock Code: 04609)

ANNOUNCEMENT ON PURCHASE OF SHARES OF THE COMPANY BY SENIOR MANAGEMENT

China Minsheng Banking Corp., Ltd. (the "Company") hereby announces that on 17 and 18 May 2021, senior management of the Company purchased ordinary A shares of the Company from the secondary market with their own funds and the purchase prices ranged from RMB4.67 to RMB4.71 per share.

Details are as follows:

Name	Position	Number of shares purchased
Gao Yingxin	Chairman, Executive Director	200,000
Zheng Wanchun	Vice Chairman, Executive	180,000
Director, President
Zhang Juntong	Chairman of the Board	150,000
of Supervisors
Yuan Guijun	Executive Director,	150,000
Executive Vice President
Chen Qiong	Executive Vice President	150,000
Shao Yaping	Secretary of Discipline	150,000
Inspection Committee
Shi Jie	Executive Vice President	150,000
Li Bin	Executive Vice President	150,000

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Name	Position	Number of shares purchased
Lin Yunshan	Executive Vice President	150,000
Hu Qinghua	Executive Vice President	150,000
Bai Dan	Chief Financial Officer,	150,000
Board Secretary
Wan Qingyuan	Chairman of Labour Union	150,000
Guo Dong	Vice Chairman of the Board	150,000
of Supervisors
Zhang Yuebo	Chief Audit Officer	150,000
Ouyang Yong	Assistant President	150,000

The above-mentioned senior management who purchased the shares of the Company undertook that such shares purchased are subject to a lock-up period of two years from the date of purchase, and confirmed that the share purchase transaction complied with applicable securities trading rules.

By Order of the Board

CHINA MINSHENG BANKING CORP., LTD.

Gao Yingxin

Chairman

Beijing, PRC

18 May 2021

As at the date of this announcement, the executive directors of the Company are Mr. Gao Yingxin, Mr. Zheng Wanchun and Mr. Yuan Guijun; the non-executive directors are Mr. Zhang Hongwei, Mr. Lu Zhiqiang, Mr. Liu Yonghao, Mr. Shi Yuzhu, Mr. Wu Di, Mr. Song Chunfeng and Mr. Yang Xiaoling; and the independent non-executive directors are Mr. Liu Jipeng, Mr. Li Hancheng, Mr. Xie Zhichun, Mr. Peng Xuefeng, Mr. Liu Ningyu and Mr. Qu Xinjiu.

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