China Minsheng Banking : NOTICE OF THE FIRST EXTRAORDINARY GENERAL MEETING FOR 2020

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中 國 民 生 銀 行 股 份 有 限 公 司

CHINA MINSHENG BANKING CORP., LTD.

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

(Stock Code: 01988)

(USD Preference Shares Stock Code: 04609)

NOTICE OF THE FIRST EXTRAORDINARY

GENERAL MEETING FOR 2020

NOTICE IS HEREBY GIVEN that the first extraordinary general meeting in 2020 ("EGM") of China Minsheng Banking Corp., Ltd. (the "Company") will be held at 2:00 p.m. on Monday, 20 April 2020 in China Minsheng Bank at No. 2 Fuxingmennei Avenue, Xicheng District, Beijing (to be specified) for consideration and, if thought fit, passing of the following resolutions:

ORDINARY RESOLUTIONS

1. The Proposal in respect of the Postponement of the Change of Session the Board of Directors of China Minsheng Banking Corp., Ltd.; and
2. The Proposal in respect of the Postponement of the Change of Session the Supervisory Board of China Minsheng Banking Corp., Ltd..

SPECIAL ARRANGEMENT FOR EGM

To prevent the infection of new coronavirus epidemic, holders of H Shares are advised to attend the EGM and vote on the resolutions by appointing the chairman of the meeting as proxy, instead of attending the meeting in person. Shareholders intends to attend in person and their proxies are requested to inform the Company three business days before the meeting (i.e. before 15 April 2020) so that the Company can take necessary measures to prevent infection. They are also requested to take necessary preventive measures and are required to measure body temperature and accept other arrangements at the venue of the meeting. In particular, as part of the preventive measures of the venue of the meeting, shareholders intends to attend in person and their proxies are reminded to complete registration in advance and to take effective preventive measures by themselves.

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CLOSURE OF REGISTER OF MEMBERS

The register of members of the Company will be closed from Saturday, 21 March 2020 to Monday, 20 April 2020 (both days inclusive), during which period no transfer of Shares of the Company will be effected. For unregistered holders of H Shares of the Company who intend to attend the EGM, all share certificates and the relevant transfer documents must be lodged with the Company's H Share registrar, Computershare Hong Kong Investor Services Limited at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, not later than 4:30 p.m. on Friday, 20 March 2020. The holders of H Shares of the Company whose names appear on the register of members of the Company on Saturday, 21 March 2020 will be entitled to attend and vote at the EGM.

By Order of the Board

CHINA MINSHENG BANKING CORP., LTD.

Hong Qi

Chairman

Beijing, PRC

6 March 2020

As at the date of this announcement, the executive directors of the Company are Mr. Hong Qi and Mr. Zheng Wanchun; 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. Weng Zhenjie; and the independent non-executive directors are Mr. Liu Jipeng, Mr. Li Hancheng, Mr. Xie Zhichun, Mr. Peng Xuefeng, Mr. Liu Ningyu and Mr. Tian Suning.

Notes:

1. Any member of the Company entitled to attend and vote at the EGM is entitled to appoint one or more proxies to attend and vote in his/her stead. A proxy need not be a member of the Company. If more than one proxy is so appointed, the appointment shall specify the number and class of shares in respect of which each such proxy is so appointed.
2. Shareholders shall appoint their proxies in writing. The form of proxy shall be signed by the shareholder or his/her/its attorney who has been authorized in writing. If the shareholder is a corporation, the form of proxy shall be affixed with the corporation's seal or signed by its director, or its attorney duly authorized in writing. If the form of proxy is signed by the attorney of the shareholder, the power of attorney or other authorization document shall be notarized. For holders of A Shares, the form of proxy together with the power of attorney or other authorization document notarially certified, if any, must be lodged with the office of the Board at Room 11, CMBC North Tower, No. 2 Fuxingmennei Avenue, Xicheng District, Beijing, PRC (postal code: 100031) not less than 24 hours before the time appointed for holding the EGM or any adjournment thereof (i.e. not later than 2:00 p.m. on Sunday, 19 April 2020) in order for such documents to be valid. For holders of H Shares, the aforementioned documents must be lodged with the H share registrar, Computershare Hong Kong Investor Services Limited at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, not less than 24 hours before the time appointed for holding the EGM or any adjournment thereof (i.e. not later than 2:00 p.m. on Sunday, 19 April 2020) in order for such documents to be valid. Completion and delivery of the form of proxy shall not preclude a member of the Company from attending and voting in person at the meeting and, in such event, the instrument appointing a proxy shall be deemed to be revoked.
3. Shareholders who intend to attend the EGM (in person or by proxy) shall complete and deliver the reply slip of EGM enclosed to Computershare Hong Kong Investor Services Limited or the office of the Board by hand, post or fax on or before Tuesday, 31 March 2020.
4. Shareholders shall produce their identification documents when attending the EGM.
5. If a proxy attends the EGM on behalf of a shareholder, he/she shall produce his/her identification document and the power of attorney or other documents signed by the appointer or his/her attorney, which specify the date of its issuance. If a representative of a corporate shareholder attends the EGM, such representative shall produce his/her identification document and the notarized copy of the resolution passed by the board of directors or other authority or other notarized copy of any authorization documents issued by such corporate shareholder.
6. The EGM is expected to last for half a day. Shareholders who attend the EGM (in person or by proxy) shall bear their own travelling, accommodation and other expenses.

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