China Minsheng Banking : Announcement on Resolutions of the 16th Meeting of the 7th Session BOD

Announcement on Resolutions of the 16th Meeting of the 7th Session BOD

17 May 2019

The 16th meeting of the 7th session of the Board of Directors of the Company was held on 17 May 2019 in Beijing. The meeting notice, meeting documents, and the supplementary meeting notice and documents were sent out via email on 30 April 2019 and 14 May 2019, respectively. The meeting was convened and presided over by Chairman Hong Qi. Of all 15 Directors who were entitled to attend the meeting, 7 Directors attended the meeting in person and 8 Directors, being the Vice Chairmen Zhang Hongwei, Lu Zhiqiang and Liu Yonghao, as well as Directors Shi Yuzhu, Song Chunfeng, Li Hancheng, Peng Xuefeng and Tian Suning, attended the meeting by teleconference. All 8 Supervisors who were entitled to attend the meeting participated in the meeting as non-voting delegates. The convention and procedures of the meeting complied with the rules and regulations under the Company Law of the PRC and the Articles of Association of the Company. The resolutions made through voting are legal and effective.

The following resolutions were discussed and passed at the meeting:

I. Resolution on Launching the Second Phase Cloud Computing Data Center Project of Shunyi Headquarters Base

Voting result: Affirmative: 14 votes; Negative: 0 vote; Abstention: 0 vote.

II.Resolution on Credit Internal Transactions of Minsheng Financial Leasing Voting result: Affirmative: 14 votes; Negative: 0 vote; Abstention: 0 vote.

III.Resolution on the Budget for Non-credit Internal Transactions of Minsheng Financial Leasing in 2019

Voting result: Affirmative: 14 votes; Negative: 0 vote; Abstention: 0 vote.

IV. Resolution on the Budget for Non-credit Internal Transactions of Minsheng Royal Fund in 2019

Voting result: Affirmative: 14 votes; Negative: 0 vote; Abstention: 0 vote.

V. Resolution on the Budget for Non-credit Internal Transactions of Minsheng Royal Asset Management in 2019

Voting result: Affirmative: 14 votes; Negative: 0 vote; Abstention: 0 vote.

VI. Resolution on the Addition of Members of Certain Special Committees of the 7th Session BOD of the Company

The meeting consented to add members of the Risk Management Committee, Audit Committee and Related Party Transactions Supervision Committee of the 7th Session BOD of the Company. The compositions of the Strategic Development and Investment

Management Committee, the Nomination Committee, and the Compensation and Remuneration Committee of the Board remain unchanged.

The compositions of certain special committees with the addition of members are as follows:

Risk Management Committee (5 persons)

Chairman: Xie Zhichun

Members: Zheng Wanchun, Wu Di, Song Chunfeng, Li Hancheng

Audit Committee (5 persons)

Chairman: Liu Ningyu

Members: Song Chunfeng, Weng Zhenjie, Peng Xuefeng, Tian Suning

Related Party Transactions Supervision Committee (5 persons) Chairman: Li Hancheng

Members: Wu Di, Song Chunfeng, Liu Jipeng, Liu Ningyu

Voting result: Affirmative: 14 votes; Negative: 0 vote; Abstention: 0 vote.

VII. Resolution on Amending the Administrative Measures for Rating of Corporate Legal Person Customers of the Company

Voting result: Affirmative: 14 votes; Negative: 0 vote; Abstention: 0 vote.

VIII. Resolution on 2019 Country Risk Rating and Limit Management Plan of the Company

Voting result: Affirmative: 14 votes; Negative: 0 vote; Abstention: 0 vote.

Board of Directors

China Minsheng Banking Corp., Ltd.