China Minsheng Banking : Announcement on Resolutions of the 16th Meeting of the 8th Session BOD

Announcement on Resolutions of the 16th Meeting of

the 8th Session BOD

28 December 2021

The 16th meeting of the 8th session of the BOD of the Bank was held in Beijing on 28 December 2021. The meeting notice, meeting documents, supplementary meeting notice and supplementary meeting documents were sent out by emails on 14 December 2021 and 17 December 2021, respectively. The meeting was convened and presided over by Chairman Gao Yingxin. Of all 18 Directors who were entitled to attend the meeting, 8 Directors, being Chairman Gao Yingxin, Vice Chairman Zheng Wanchung, Directors Zhao Peng, Liu Jipeng, Li Hancheng, Liu Ningyu, Qu Xinjiu and Yuan Guijun, attended the meeting in person; 10 Directors, being Vice Chairmen Zhang Hongwei, Lu Zhiqiang and Liu Yonghao, Directors Shi Yuzhu, Wu Di, Song Chunfeng, Weng Zhenjie, Yang Xiaoling, Xie Zhichun and Peng Xuefeng, attended the meeting by tele/video conference. Of all 9 Supervisors who were entitled to attend the meeting, 9 Supervisors attended 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 Bank. The resolutions made through voting are legal and effective.

The following resolutions were discussed and passed at the meeting:

I. Resolution on the Five-Year Development Plan for Inclusive Finance of the Bank (2021-2025)

Voting result: Affirmative: 17 votes; Negative: 0 vote; Abstention: 0 vote.

1. Resolution on Carrying Out the Renovation Project of the New Office Building of Chengdu Branch
   Voting result: Affirmative: 17 votes; Negative: 0 vote; Abstention: 0 vote.

1. Resolution on Granting Integrated Group Credit to Dajia Insurance Group Co., Ltd. and on the Relevant Single Business
   For details, please refer to the website of Shanghai Stock Exchange and the website of the Bank.

Voting result: Affirmative: 15 votes; Negative: 0 vote; Abstention: 0 vote; Withdrawal: 2 votes. The related Directors Mr. Yang Xiaoling and Mr. Zhao Peng withdrew from the voting.

IV. Resolution on Signing the Cooperation Framework Agreement on Agency Sales of Financial Products with Dajia Life Insurance Co., Ltd.

For details, please refer to the website of Shanghai Stock Exchange and the website of the Bank.

Voting result: Affirmative: 15 votes; Negative: 0 vote; Abstention: 0 vote; Withdrawal: 2 votes. The related Directors Mr. Yang Xiaoling and Mr. Zhao Peng withdrew from the voting.

V. Resolution on Signing the Cooperation Framework Agreement on Agency Sales of Financial Products with Huaxia Life Insurance Co., Ltd.

For details, please refer to the website of Shanghai Stock Exchange and the website of the Bank.

Voting result: Affirmative: 16 votes; Negative: 0 vote; Abstention: 0 vote; Withdrawal: 1 vote. The related Director Mr. Zhang Hongwei withdrew from the voting.

VI. Resolution on Formulating the Administrative Measures on Recovery and Deduction of Performance Pay of the Bank (Provisional)

Voting result: Affirmative: 17 votes; Negative: 0 vote; Abstention: 0 vote.

VII. Resolution on the Report of Recovery and Deduction of Performance Pay of the Bank in 2021

Voting result: Affirmative: 17 votes; Negative: 0 vote; Abstention: 0 vote.

VIII. Resolution on Revising the Administrative Measures on Comprehensive Risk of the Bank

Voting result: Affirmative: 17 votes; Negative: 0 vote; Abstention: 0 vote.

IX. Resolution on Revising the Administrative Measures on Risk Appetite of the Bank

Voting result: Affirmative: 17 votes; Negative: 0 vote; Abstention: 0 vote.

X. Resolution on Revising the Administrative Measures on Liquidity Risk of the Bank

Voting result: Affirmative: 17 votes; Negative: 0 vote; Abstention: 0 vote.

XI. Resolution on Revising the Administrative Measures on Interest Rate Risk of Banking Books of the Bank

Voting result: Affirmative: 17 votes; Negative: 0 vote; Abstention: 0 vote.

XII. Resolution on Adjusting Impairment Models and Parameters

Voting result: Affirmative: 17 votes; Negative: 0 vote; Abstention: 0 vote.

XIII. Resolution on Writing off Bad Loans in the Fourth Quarter of 2021 of the Bank

Voting result: Affirmative: 17 votes; Negative: 0 vote; Abstention: 0 vote.

Board of Directors

China Minsheng Banking Corporation Limited

(Please note that this is the English translation of the announcement in Chinese. Should there be any discrepancy between the English translation and the Chinese version, the Chinese version prevails.)