The board of directors (the "Board") of China Telecom Corporation Limited (the "Company") announces that Mr. Xia Bing ("Mr. Xia") has been appointed as an Executive Vice President of the Company. Meanwhile, Mr. Li Yinghui ("Mr. Li") has been appointed as an Executive Vice President and the Chief Financial Officer of the Company. The above proposed appointments will be effective from 26 April 2022 until the annual general meeting of the Company for the year 2022 to be held in year 2023.

In addition, the Board will seek approval for the proposed appointments of Mr. Xia and Mr. Li as Executive Directors of the Company from the shareholders of the Company. The relevant proposed appointments will be effective from the date of approval by the shareholders of the Company at an extraordinary general meeting to be convened (the "Extraordinary General Meeting") until the annual general meeting of the Company for the year 2022 to be held in year 2023. Mr. Xia Bing, age 48, is a senior engineer with a doctor degree in economics.

Mr. Xia previously served as Chairman and General Manager of China Mobile Group Qinghai Co. Ltd., General Manager of Marketing Department of China Mobile Communications Group Co. Ltd., Chairman and General Manager of China Mobile Group Beijing Co.

Ltd., a Non-executive Director of Phoenix Media nvestment (Holdings) Limited which is listed on the Main Board of The Stock Exchange of Hong Kong Limited (formerly known as "Phoenix Satellite Television Holdings Limited"), a Non-executive Director of Shanghai Pudong Development Bank Co. Ltd. which is listed on the Shanghai Stock Exchange and a Director of True Corporation Public Company Limited which is listed on the Stock Exchange of Thailand. He is currently a Vice President of China Telecommunications Corporation.

Mr. Xia has extensive experience in management and the telecommunications industry. Mr. Li Yinghui, age 51, is a senior accountant, a member of the Chinese Institute of Certified Public Accountants and the Hong Kong Institute of Certified Public Accountants with a master degree in accountancy. Mr. Li previously served as a Deputy Director of Financial Department of China Huaneng Group Co.

Ltd. (formerly known as "China Huaneng Group"), a Director of Financial and Budget Department of Huaneng Power International Inc. which is listed on the Main Board of Shanghai Stock Exchange, the Main Board of The Stock Exchange of Hong Kong Limited and The New York Stock Exchange, respectively and a Director of Financial and Asset Management Department of China Huaneng Group Co. Ltd. He is currently the Chief Accountant of China Telecommunications Corporation. Mr. Li has extensive experience in finance, management and the fundamental industry.

The proposed appointments of Mr. Xia and Mr. Li as Executive Directors of the Company will be respectively submitted for approval by the shareholders of the Company at the Extraordinary General Meeting. Upon the approval at the Extraordinary General Meeting be obtained, the Company will enter into service contracts with Mr. Xia and Mr. Li, respectively.