China Minsheng Banking : POLL RESULTS OF EXTRAORDINARY GENERAL MEETING CONVENED ON 16 OCTOBER 2020; CHANGE OF S…

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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)

POLL RESULTS OF EXTRAORDINARY GENERAL MEETING

CONVENED ON 16 OCTOBER 2020

CHANGE OF SESSION OF THE BOARD OF DIRECTORS CHANGE OF SESSION OF THE BOARD OF SUPERVISORS

References are made to the notice (the "Notice") and the circular (the "Circular") both dated 31 August 2020 of the second extraordinary general meeting for 2020 (the "EGM") of China Minsheng Banking Corp., Ltd. (the "Company").

The board of directors (the "Board" or "Board of Directors") of the Company is pleased to announce the poll results of the EGM held at 2:00 p.m. on Friday, 16 October 2020 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 EGM, Shareholders may refer to the Notice and the Circular. The Notice and the Circular can be downloaded from the websites of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") (www.hkexnews.hk) and the Company (www.cmbc.com.cn). Unless otherwise defined in this announcement, capitalized terms used in this announcement shall have the same meanings as those defined in the Circular.

1. CONVENING AND ATTENDANCE OF THE EGM

1. Convening of the EGM
   The EGM was held as on-site meeting at 2:00 p.m. on Friday, 16 October 2020 at Conference Room No. 3, 1/F, Minsheng Bank East Gate, No. 28 Xirongxian Lane, Xicheng District, Beijing, the PRC.

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The EGM was convened by the Board and chaired by Gao Yingxin, the Chairman of the Board. Certain Directors, supervisors and senior management of the Company attended the EGM, which complied with the requirements of the Company Law of the PRC, the Hong Kong Listing Rules and the Articles of Associations.

1. Attendance of the EGM Attendance of the EGM
   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 holders to attend and vote on the resolutions proposed at the EGM. No Shareholders were required to abstain from voting in favour when casting votes on any of the resolutions at the EGM according to Rule 13.40 of the Hong Kong Listing Rules. No Shareholders were required to abstain from voting according to the Hong Kong Listing Rules. Moreover, no Shareholders indicated their intention to vote against or abstain from voting on the relevant resolutions contained in the Circular. A total of 159 Shareholders with voting rights and authorized proxies, holding an aggregate of 24,217,558,860 Shares which represented 55.313433% of the total number of Shares with voting rights, were present at the EGM or participated in the online voting. Among those Shareholders, there were 154 holders of A Shares and authorized proxies, holding 20,448,351,321 A Shares which represented 46.704481% of the total number of Shares with voting rights of the Company, and 5 holders of H Shares and authorized proxies, holding 3,769,207,539 H Shares which represented 8.608952% of the total number of Shares with voting rights of the Company.

2. VOTING RESULTS OF THE EGM

Computershare Hong Kong Investor Services Limited, the H share registrar of the Company, two representatives from the Shareholders and a supervisor of the Company, and Zhang Lixin and Zhong Chonglu, lawyers from Grandall Law Firm (Beijing) were appointed as the scrutineers for the voting of the EGM.

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The Shareholders present at the EGM 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	Against	Abstain
	Number of	Number of	Number of
			Shares	Shares	Shares
			(percentage)	(percentage)	(percentage)
1.	The resolution regarding the election
	of directors of the eighth session of the
	Board of the Company
	1.01 To consider and approve the	23,935,631,162	281,801,678	126,020
		appointment of Mr. Zhang	(98.835854%)	(1.163626%)	(0.000520%)
		Hongwei as the non-executive
		director of the Company

As more than half of the valid votes were cast in favor of the resolution by the Shareholders (including authorized proxies) attending the EGM, this ordinary resolution was duly passed.

1.02 To consider and approve the	24,041,210,204	176,220,236	128,420
	appointment of Mr. Lu Zhiqiang	(99.271815%)	(0.727655%)	(0.000530%)
	as the non-executive director of
	the Company

As more than half of the valid votes were cast in favor of the resolution by the Shareholders (including authorized proxies) attending the EGM, this ordinary resolution was duly passed.

1.03 To consider and approve the	23,944,865,381	272,566,859	126,620
	appointment of Mr. Liu Yonghao	(98.873984%)	(1.125493%)	(0.000523%)
	as the non-executive director of
	the Company

As more than half of the valid votes were cast in favor of the resolution by the Shareholders (including authorized proxies) attending the EGM, this ordinary resolution was duly passed.

1.04 To consider and approve the	23,945,175,075	272,259,565	124,220
	appointment of Mr. Shi Yuzhu as	(98.875263%)	(1.124224%)	(0.000513%)
	the non-executive director of the
	Company

As more than half of the valid votes were cast in favor of the resolution by the Shareholders (including authorized proxies) attending the EGM, this ordinary resolution was duly passed.

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			Number of votes cast and percentage
			of total number of votes cast
	ORDINARY RESOLUTIONS	For	Against	Abstain
	Number of	Number of	Number of
			Shares	Shares	Shares
			(percentage)	(percentage)	(percentage)
1.	1.05 To consider and approve the	24,041,450,884	175,977,756	130,220
		appointment of Mr. Wu Di as	(99.272809%)	(0.726653%)	(0.000538%)
		the non-executive director of the
		Company

As more than half of the valid votes were cast in favor of the resolution by the Shareholders (including authorized proxies) attending the EGM, this ordinary resolution was duly passed.

1.06 To consider and approve the	23,587,302,822	630,129,518	126,520
	appointment of Mr. Song	(97.397524%)	(2.601954%)	(0.000522%)
	Chunfeng as the non-executive
	director of the Company
	As more than half of the valid votes were cast in favor of the resolution by the
	Shareholders (including authorized proxies) attending the EGM, this ordinary
	resolution was duly passed.
1.07 To consider and approve the	23,585,848,422	631,583,918	126,520
	appointment of Mr. Weng Zhenjie	(97.391519%)	(2.607959%)	(0.000522%)
	as the non-executive director of
	the Company
	As more than half of the valid votes were cast in favor of the resolution by the
	Shareholders (including authorized proxies) attending the EGM, this ordinary
	resolution was duly passed.
1.08 To consider and approve the	23,979,195,735	238,236,605	126,520
	appointment of Mr. Zhao Peng as	(99.015743%)	(0.983735%)	(0.000522%)
	the non-executive director of the
	Company
	As more than half of the valid votes were cast in favor of the resolution by the
	Shareholders (including authorized proxies) attending the EGM, this ordinary
	resolution was duly passed.
1.09 To consider and approve the	24,079,262,221	138,170,119	126,520
	appointment of Mr. Yang	(99.428941%)	(0.570537%)	(0.000522%)
	Xiaoling as the non-executive
	director of the Company

As more than half of the valid votes were cast in favor of the resolution by the Shareholders (including authorized proxies) attending the EGM, this ordinary resolution was duly passed.

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