Guotai Junan International : U.S.$400,000,000 2.00 PER CENT. NOTES DUE 2026 ISSUED UNDER THE HK$25,000,000,000 MEDIUM TERM NOTE PROGRAMME OF GUOTAI JUNAN INTERNATIONAL HOLDINGS LIMITED

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state of the United States or any other jurisdiction, and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the Notes are being offered and sold only outside the United States in offshore transactions in compliance with Regulation S under the Securities Act. This announcement and the information contained herein are not for distribution, directly or indirectly, in or into the United States. No public offer of the securities referred to herein is being or will be made in the United States.

NOTICE OF LISTING ON

THE STOCK EXCHANGE OF HONG KONG LIMITED

GUOTAI JUNAN INTERNATIONAL HOLDINGS LIMITED

(國泰君安國際控股有限公司)

(incorporated in Hong Kong with limited liability)

(Stock Code: 01788)

U.S.$400,000,000 2.00 PER CENT. NOTES DUE 2026

(THE "NOTES", STOCK CODE: 40605)

ISSUED UNDER THE

HK$25,000,000,000 MEDIUM TERM NOTE PROGRAMME OF GUOTAI JUNAN INTERNATIONAL HOLDINGS LIMITED

Joint Global Coordinators, Joint Lead Managers and Joint Bookrunners

Guotai Junan International HSBC ABC International

CCB International China Minsheng Banking Corp., Ltd., Hong Kong Branch ICBC (Asia)

OCBC Bank Shanghai Pudong Development Bank Hong Kong Branch

Joint Bookrunners

BOSC International China Industrial Securities International

Industrial Bank Co., Ltd. Hong Kong Branch Mizuho Securities Orient Securities (Hong Kong)

Standard Chartered Bank SMBC Nikko The Bank of East Asia, Limited

Application has been made to The Stock Exchange of Hong Kong Limited for the listing of, and permission to deal in, the Notes under the HK$25,000,000,000 medium term note programme (the "Programme") of Guotai Junan International Holdings Limited (the "Issuer) by way of debt issues to professional investors (as defined in Chapter 37 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited) only, as described in the Offering Circular dated 15 July 2020, the First Supplemental Offering Circular 10 September 2020, the Second Supplemental Offering Circular dated 18 February 2021 and the Pricing Supplement dated 24 February 2021. The listing of the Notes is expected to become effective on or about 4 March 2021.

Hong Kong, 3 March 2021

As at the date of this announcement, the Board of Directors comprises four executive directors, being Dr. YIM Fung (Chairman), Mr. WONG Tung Ching, Ms. QI Haiying and Mr. LI Guangjie; two non-executive directors, being Dr. XIE Lebin and Mr. LIU Yiyong; and four independent non-executive directors, being Dr. FU Tingmei, Dr. SONG Ming, Mr. TSANG Yiu Keung and Professor CHAN Ka Keung Ceajer.