The Board of Directors of Chongqing Rural Commercial Bank Co., Ltd. recommended a distribution of cash dividends in an aggregate amount of RMB 2.521 billion (tax inclusive) for 2020 to all the Shareholders at a par value of RMB 0.222 per share (tax inclusive). The dividend distribution plan will be submitted to the annual general meeting of 2020 for consideration and approval. If such proposal obtains approval from the annual general meeting of 2020, the A share dividend is expected to be paid on 29 June 2021, and H share dividend is expected to be paid on 9 July 2021. Such proposed dividends will be denominated in RMB. Dividends payable to holders of A shares shall be paid in RMB, whereas dividends payable to holders of H shares shall be paid in HKD. The applicable exchange rate for dividends payable in HKD shall be the average of the central parity rates of RMB to HKD of the five business days preceding the date of declaration (including first date) of such dividends at the 2020 annual general meeting of the Bank as announced by the Central Bank.