China Minsheng Banking : Announcement on Resolutions of the 4th Meeting of the 8th Session BOD

Announcement on Resolutions of the 4th Meeting of

the 8th Session BOD

30 December 2020

The 4th meeting of the 8th session of the Board of Directors of the Company was held in Beijing on 30 December 2020. The meeting notice, meeting documents, supplementary meeting notice and supplementary meeting documents were sent out by email on 15 December and 25 December 2020, respectively. The meeting was convened and presided over by Chairman Gao Yingxin. Of all 17 Directors who were entitled to attend the meeting, 5 Directors, being Chairman Gao Yingxin, Vice Chairman Zheng Wanchun, and Directors Yang Xiaoling, Zhao Peng and Liu Ningyu attended the meeting in person; 12 Directors, being Vice Chairmen Zhang Hongwei, Lu Zhiqiang and Liu Yonghao, Directors Shi Yuzhu, Wu Di, Song Chunfeng, Weng Zhenjie, Liu Jipeng, Li Hancheng, Xie Zhichun, Peng Xuefeng and Qu Xinjiu, attended the meeting by video/teleconference. 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 Company. The resolutions made through voting are legal and effective.

The following resolutions were discussed and passed at the meeting:

I. Resolution on Revising Guidelines for Data Governance of the Company

Voting result: Affirmative: 13 votes; Negative: 0 vote; Abstention: 0 vote.

1. Resolution on Purchasing A New Office Building for Chengdu Branch of the Company
   Voting result: Affirmative: 13 votes; Negative: 0 vote; Abstention: 0 vote.

1. Resolution on Investment Budget and Construction Plan of the Cloud Computing Data Center Project of Shunyi Headquarters Base Phase II of the Company
   Voting result: Affirmative: 13 votes; Negative: 0 vote; Abstention: 0 vote.

1

IV. Resolution on Writing off Bad Loans of Shanxi Luxin Energy Group Co., Ltd.

The meeting consented to write off loans and interests of RMB1,711,687,572.94 of Shanxi Luxin Energy Group Co., Ltd.. The actual amount is subject to the number as at the date of account treatment.

Voting result: Affirmative: 13 votes; Negative: 0 vote; Abstention: 0 vote.

V. Resolution on Writing off Bad Loans of Anyang Yubei Gold and Lead Co., Ltd.

The meeting consented to write off loans and interests of RMB329,897,250.61 of Anyang Yubei Gold and Lead Co., Ltd.. The actual amount is subject to the number as at the date of account treatment.

Voting result: Affirmative: 13 votes; Negative: 0 vote; Abstention: 0 vote.

VI. Resolution on Writing off Bad Loans of Shaanxi Huaze Nickel and Cobalt Metal Co., Ltd.

The meeting consented to write off loans and interests of RMB678,366,234.94 and USD24,646,123.85 of Shaanxi Huaze Nickel and Cobalt Metal Co., Ltd.. The actual amount is subject to the number as at the date of account treatment.

Voting result: Affirmative: 13 votes; Negative: 0 vote; Abstention: 0 vote.

VII. Resolution on Writing off Non-Credit Bad Loans of Kangde Investment Group Limited

The meeting consented to write off principals and interests of RMB1,273,613,200 of the stock pledge business under interbank investment of Kangde Investment Group Limited. The actual amount is subject to the number as at the date of account treatment.

Voting result: Affirmative: 13 votes; Negative: 0 vote; Abstention: 0 vote.

2

VIII. Resolution on Writing off Non-Credit Bad Loans of Shanxi Sanjia New Energy Technology Group Co., Ltd.

The meeting consented to write off RMB1,205,179,665.67 under the investment cost item of AC class trust and asset management plan of Shanxi Sanjia New Energy Technology Group Co., Ltd.. The actual amount is subject to the number as at the date of account treatment.

Voting result: Affirmative: 13 votes; Negative: 0 vote; Abstention: 0 vote.

IX. Resolution on Writing off Non-Credit Bad Loans of Jiexiu Mianshan Scenery Zone Development Co., Ltd.

The meeting consented to write off RMB452,195,857.70 under the investment cost item of AC class trust and asset management plan of Jiexiu Mianshan Scenery Zone Development Co., Ltd.. The actual amount is subject to the number as at the date of account treatment.

Voting result: Affirmative: 13 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.)

3