China Minsheng Banking : POLL RESULTS OF 2020 ANNUAL GENERAL MEETING, THE FIRST A SHARE CLASS MEETING FOR 2021 …

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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)

POLL RESULTS OF 2020 ANNUAL GENERAL MEETING, THE FIRST A SHARE CLASS MEETING FOR 2021 AND THE FIRST H SHARE CLASS MEETING FOR 2021

VOTING RESULTS OF THE MEETINGS

References are made to the notices dated 26 April 2021 (the "Meeting Notices") of the 2020 annual general meeting (the "AGM") and the first H share class meeting for 2021 (the "H Share Class Meeting", together with the AGM and the first A share class meeting for 2021 (the "A Share Class Meeting"), collectively referred to as the "Meetings") and the circular of the same date (the "Circular") of China Minsheng Banking Corp., Ltd. (the "Company"). Unless the context otherwise requires, capitalized terms used in this announcement shall have the same meanings as those defined in the Circular.

The Board of the Company is pleased to announce the poll results of the Meetings held at 2:00 p.m. on Friday, 11 June 2021 at Conference Room No. 3, 1/F, Minsheng Bank East Gate, No. 28 Xirongxian Lane, Xicheng District, Beijing, the PRC.

For details of the resolutions considered at the Meetings, the Shareholders may refer to the Meeting Notices and the Circular. The Meeting Notices and the Circular can be downloaded from the website of the Company (www.cmbc.com.cn) and HKEXnews website of the Hong Kong Stock Exchange (www.hkexnews.hk).

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1. CONVENING AND ATTENDANCE OF THE MEETINGS

1. Convening of the Meetings
   The Meetings were convened as on-site meetings at 2:00 p.m. on Friday, 11 June 2021 at Conference Room No. 3, 1/F, Minsheng Bank East Gate, No. 28 Xirongxian Lane, Xicheng District, Beijing, the PRC. Votings at the AGM and the A Share Class Meeting were taken by poll on site and online through the trading system of the SSE and a designated voting system of the SSE by A Shareholders of the Company. Voting at the H Share Class Meeting was taken by poll on site.
   The Meetings were convened by the Board and presided over by Mr. Gao Yingxin, the Chairman. The Directors, Supervisors and certain senior management of the Company were present at the Meetings as non-voting delegates.
2. Attendance of the Meetings Attendance of the AGM
   The total number of the issued Shares of the Company as at the meeting record date was 43,782,418,502, which was the total number of Shares entitling the Shareholders to attend and vote on the resolutions proposed at the AGM. Dajia Life Insurance Co., Ltd., Mr. Lu Zhiqiang, Mr. Liu Yonghao, Mr. Shi Yuzhu and their respective close associates, holding both A Shares and H Shares of the Company, had abstained from voting at the AGM on the Resolution regarding the Extension of the Validity Period of the Resolutions on the Public Issuance of A Share Convertible Corporate Bonds and the Authorization Period to the Board and its Authorized Persons to Exercise Full Power to Deal with Matters relating to the Issuance. Save as disclosed above, no Shareholders were required to abstain from voting in favour when casting votes on any other resolutions at the AGM according to rule 13.40 of the Hong Kong Listing Rules. There were no Shareholders who were required to abstain from voting according to the Hong Kong Listing Rules. None of the Shareholders has stated in the Circular his/her/its intention to vote against the relevant resolutions or to abstain from voting. A total of 575 Shareholders and authorized proxies who were entitled to vote, holding 19,628,079,554 Shares, representing 44.830962% of the total number of Shares with voting rights of the Company, were present at the AGM or participated in the online voting. Among those Shareholders, 571 A Shareholders and authorized proxies, holding 16,626,890,178 A Shares, representing 37.976180% of the total number of Shares with voting rights of the Company, were present at the AGM or participated in the online voting; four H Shareholders and authorized proxies, holding 3,001,189,376 H Shares, representing 6.854782% of the total number of Shares with voting rights of the Company, were present at the AGM or participated in the online voting.

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Attendance of the A Share Class Meeting

The total number of the issued A Shares of the Company as at the meeting record date was 35,462,123,213, which was the total number of A Shares entitling the Shareholders to attend and vote on the resolution proposed at the A Share Class Meeting. No A Shareholders were required to abstain from voting in favour when casting votes on the resolution at the A Share Class Meeting according to rule 13.40 of the Hong Kong Listing Rules. No A Shareholders were required to abstain from voting according to the Hong Kong Listing Rules. Moreover, no A Shareholders indicated his/her/its intention to vote against or abstain from voting on the relevant resolution contained in the Circular. A total of 571 A Shareholders with voting rights and authorized proxies, holding an aggregate of 16,626,890,178 A Shares which represented 46.886336% of the total number of A Shares with voting rights, were present at the A Share Class Meeting or participated in the online voting.

Attendance of the H Share Class Meeting

The total number of the issued H Shares of the Company as at the meeting record date was 8,320,295,289, which was the total number of H Shares entitling the Shareholders to attend and vote on the resolution proposed at the H Share Class Meeting. Dajia Life Insurance Co., Ltd., Mr. Lu Zhiqiang, Mr. Liu Yonghao, Mr. Shi Yuzhu and their respective close associates, holding both A Shares and H Shares of the Company, had abstained from voting at the H Share Class Meeting on the Resolution regarding the Extension of the Validity Period of the Resolutions on the Public Issuance of A Share Convertible Corporate Bonds and the Authorization Period to the Board and its Authorized Persons to Exercise Full Power to Deal with Matters relating to the Issuance. Save as disclosed above, no H Shareholders were required to abstain from voting in favour when casting votes on such resolution at the H Share Class Meeting according to rule 13.40 of the Hong Kong Listing Rules. No H Shareholders were required to abstain from voting according to the Hong Kong Listing Rules. Moreover, no H Shareholders indicated his/her/its intention to vote against or abstain from voting on the relevant resolution contained in the Circular. A total of four H Shareholders with voting rights and authorized proxies, holding an aggregate of 3,000,895,496 H Shares which represented 36.067175% of the total number of H Shares with voting rights, were present at the H Share Class Meeting.

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2. VOTING RESULTS OF THE MEETINGS

Computershare Hong Kong Investor Services Limited, the Company's H share registrar, two representatives of the Shareholders of the Company, one Supervisor of the Company, and Zhang Lixin and Zhong Chonglu, lawyers from Grandall Law Firm, Beijing Office, were appointed as the scrutineers for the voting of the Meetings.

1. Voting results of the AGM
   The A Shareholders and H Shareholders present at the AGM considered and approved the following resolutions by way of open poll via a combination of on-site and online voting, and the voting results are as follows:

		Number of votes cast and percentage
		of total number of votes cast
	Ordinary resolutions	For Number	Against	Abstain
		Number	Number
		of Shares	of Shares	of Shares
		(percentage)	(percentage)	(percentage)
1.	The resolution regarding the annual report for	19,579,411,144	27,688,371	20,980,039
	2020 of the Company	(99.752047%)	(0.141065%)	(0.106888%)
	As more than 50% of the valid votes were cast in favour of this resolution from the Shareholders
	(including authorized proxies) attending the AGM, the resolution was duly passed as an ordinary
	resolution.
2.	The resolution regarding the final financial report	19,579,785,484	27,614,231	20,679,839
	for 2020 of the Company	(99.753954%)	(0.140688%)	(0.105358%)
	As more than 50% of the valid votes were cast in favour of this resolution from the Shareholders
	(including authorized proxies) attending the AGM, the resolution was duly passed as an ordinary
	resolution.
3.	The resolution regarding the proposed profit	19,556,286,943	61,405,772	10,386,839
	distribution plan for 2020 of the Company	(99.634235%)	(0.312847%)	(0.052918%)
	As more than 50% of the valid votes were cast in favour of this resolution from the Shareholders
	(including authorized proxies) attending the AGM, the resolution was duly passed as an ordinary
	resolution.
4.	The resolution regarding the annual budgets for	19,556,936,843	58,567,191	12,575,520
	2021 of the Company	(99.637546%)	(0.298385%)	(0.064069%)
	As more than 50% of the valid votes were cast in favour of this resolution from the Shareholders
	(including authorized proxies) attending the AGM, the resolution was duly passed as an ordinary
	resolution.

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		Number of votes cast and percentage
		of total number of votes cast
	Ordinary resolutions	For Number	Against	Abstain
		Number	Number
		of Shares	of Shares	of Shares
		(percentage)	(percentage)	(percentage)
5.	The resolution regarding the work report of the	19,547,703,504	59,506,611	20,869,439
	Board for 2020 of the Company	(99.590505%)	(0.303171%)	(0.106324%)
	As more than 50% of the valid votes were cast in favour of this resolution from the Shareholders
	(including authorized proxies) attending the AGM, the resolution was duly passed as an ordinary
	resolution.
6.	The resolution regarding the work report of the	19,548,114,864	59,069,051	20,895,639
	Board of Supervisors for 2020 of the Company	(99.592601%)	(0.300941%)	(0.106458%)
	As more than 50% of the valid votes were cast in favour of this resolution from the Shareholders
	(including authorized proxies) attending the AGM, the resolution was duly passed as an ordinary
	resolution.
7.	The resolution regarding the report of	19,543,477,482	74,058,972	10,543,100
	remuneration of Directors for 2020 of the	(99.568974%)	(0.377312%)	(0.053714%)
	Company
	As more than 50% of the valid votes were cast in favour of this resolution from the Shareholders
	(including authorized proxies) attending the AGM, the resolution was duly passed as an ordinary
	resolution.
8.	The resolution regarding the report of	19,549,530,582	67,985,772	10,563,200
	remuneration of Supervisors for 2020 of the	(99.599813%)	(0.346370%)	(0.053817%)
	Company
	As more than 50% of the valid votes were cast in favour of this resolution from the Shareholders
	(including authorized proxies) attending the AGM, the resolution was duly passed as an ordinary
	resolution.
9.	The resolution regarding the re-appointment and	19,591,564,711	25,215,923	11,298,920
	remuneration of auditing firms for 2021	(99.813966%)	(0.128469%)	(0.057565%)
	As more than 50% of the valid votes were cast in favour of this resolution from the Shareholders
	(including authorized proxies) attending the AGM, the resolution was duly passed as an ordinary
	resolution.

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