China Everbright Bank : PROPOSED APPOINTMENT OF EXECUTIVE DIRECTORS, PROPOSED APPOINTMENT OF NON-EXECUTIVE DIRECTORS AND CHANGE OF MEMBER OF BOARD COMMITTEE

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China Everbright Bank Company Limited

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock code: 6818)

PROPOSED APPOINTMENT OF EXECUTIVE DIRECTORS,

PROPOSED APPOINTMENT OF NON-EXECUTIVE DIRECTORS

AND

CHANGE OF MEMBER OF BOARD COMMITTEE

The board of directors (the "Board") of China Everbright Bank Company Limited (the "Company") announces that at the eighteenth meeting of the eighth session of the Board convened on 28 August 2020, the Board has considered and resolved unanimously the following resolutions:

1. PROPOSED APPOINTMENT OF EXECUTIVE DIRECTORS
   The Board announces that it has approved the nomination of Mr. Yao Zhongyou and Mr. Qu Liang as candidates for executive directors of the eighth session of the Board of the Company. Their appointments are subject to the consideration and approval at the shareholders' general meeting of the Company, as well as the approval by China Banking and Insurance Regulatory Commission (the "CBIRC"). Their terms of office will come to effect on the date when the approval of the CBIRC is obtained. A circular containing, inter alia, the information in relation to the proposed appointment of Mr. Yao Zhongyou and Mr. Qu Liang will be despatched to shareholders as soon as reasonably practicable.
   The biographical details of Mr. Yao Zhongyou are set out below:
   Mr. Yao Zhongyou, aged 57, is currently a member of the CPC Committee and vice president of the Company. He served as the clerk, deputy manager of the International Business Department of Hebei Provincial Branch, president, secretary of the CPC Leading Group of the CPC Committee of Chengde Branch, director of the general office, deputy president and member of the CPC Committee of Hebei Provincial Branch, deputy general manager of Equity Management Department of China Everbright (Group) Corporation, executive director, member of CPC Committee and vice president of Everbright Financial Holding Asset Management Co.,

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Ltd., and general manager of Financial Management Department of China Everbright (Group) Corporation. He graduated from Wuhan University majoring in finance and obtained a master's degree in economics. He is a senior economist.

The biographical details of Mr. Qu Liang are set out below:

Mr. Qu Liang, aged 54, is currently a member of the CPC Committee and vice president of the Company and secretary of the CPC Committee and president of Beijing Branch of the Company. He served as the vice general manager of the Corporate Business Department of Henan Provincial Branch of Industrial and Commercial Bank of China; director of the office of Zhengzhou Branch, the general manager of the Corporate Banking Department II, the general manager of the Corporate Banking Department I; the vice general manager of the corporate banking division at the head office, secretary of the CPC Committee, president of Hohhot Branch; secretary of the CPC Committee, president of Chongqing Branch of China Merchants Bank; officer for deepening reform of the leading group office for the comprehensive deepening reform (director of department of head office level) of China Everbright Group Ltd. He graduated from Zhengzhou University with a degree in politics, majoring in politics, and obtained a master's degree in law, majoring in economic law, at Zhengzhou University. He is a senior economist.

Save as disclosed in the biographical details above, each of Mr. Yao Zhongyou and Mr. Qu Liang has not held directorships in any other listed companies in the past three years, does not have any relationships with other directors, senior management, substantial shareholders or controlling shareholders of the Company, and he is not interested in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

In accordance with the Articles of Association of the Company, the term of a director is three years, and the directors are eligible for re-election upon expiry of their terms.

Each of Mr. Yao Zhongyou and Mr. Qu Liang will not receive any director's fee from the Company provided that each of them will receive corresponding compensation as a senior management, including basic salary, bonus, social security plan, housing provident fund plan and other benefits. The specific emolument package shall be effective upon approval by the Board.

Save as disclosed in this announcement, there are no other matters that need to be brought to the attention of the shareholders of the Company and there is no other information to be disclosed pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The Board would like to express its warm welcome to Mr. Yao Zhongyou and Mr. Qu Liang to the Board.

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1. PROPOSED APPOINTMENT OF NON-EXECUTIVE DIRECTORS
   The Board announces that it has approved the nomination of Mr. Fu Wanjun and Mr. Yao Wei as candidates for the position of non-executive directors of the eighth session of the Board of the Company. Their appointments are subject to the consideration and approval at the shareholders' general meeting of the Company, as well as the approval by the CBIRC. Their terms of office will come to effect on the date when the approval of the CBIRC is obtained. A circular containing, inter alia, the information in relation to the proposed appointment of Mr. Fu Wanjun and Mr. Yao Wei will be despatched to shareholders as soon as reasonably practicable.
   The biographical details of Mr. Fu Wanjun are set out below:
   Mr. Fu Wanjun, aged 52, is currently a member of the CPC Committee and vice general manager of China Everbright Group Ltd. He served as the deputy manager of the Credit and Loan Department II, deputy manager and manager of the Marketing Department II, assistant to the president, vice president, member of the CPC committee of Urumqi Branch, secretary of the CPC Committee and president of Yinchuan Branch, secretary of the CPC Committee and president of Xinjiang District (Urumqi) Branch, secretary of the CPC Committee and president of Chongqing Branch, general manager (principal level in provincial branches) of the Corporate and Institutional Business Department of the head office, chief operating officer (corporate and institutional business segment) of Bank of Communications. He obtained an executive master in business administration degree from Dalian University of Technology. He is a senior economist.
   The biographical details of Mr. Yao Wei are set out below:
   Mr. Yao Wei, aged 45, is currently a standing member of CPC Committee and chief accountant of Overseas Chinese Town Group Company Limited (華僑城集團有限公司). He successively served as deputy director and director of asset division (fixed assets), and the head of the internal control unit of account division of the Finance Department in Daya Bay Nuclear Power Operations and Management Co., Ltd. (大亞灣核電運營管理有限責任公司); staff, budget management director of finance department, tax management manager, senior manager and head of comprehensive finance division of China Guangdong Power Holding Co., Ltd. (中國廣東核 電集團有限公司); chief accountant of CGN Wind Energy Co., Ltd. (中廣核風電有限公司); chief accountant of CGN Meiya Power Holdings Co., Ltd. (changed its name to CGN New Energy Holdings Co., Ltd.); vice general manager (presiding) and general manager of the Finance Department, general manager of the Finance and Asset Management Department of China General Nuclear Power Corporation (中國廣核集團有限公司); chief accountant of CGN Solar Energy Development Co., Ltd. (中廣核太陽能開發有限公司); chairman of CGNPC International Limited (中廣核國際有限公司) and executive director of Shenzhen Nengzhihui Investment Co., Ltd. (深圳市能之匯投資有限公司)）. He graduated from Zhongnan University of Economics and Law (中南財經大學) majoring in accounting and obtained a bachelor's degree in economics. He is a certified public accountant.

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Save as disclosed in the biographical details above, each of Mr. Fu Wanjun and Mr. Yao Wei has not held directorships in any other listed companies in the past three years, does not have any relationships with other directors, senior management, substantial shareholders or controlling shareholders of the Company, and he is not interested in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

In accordance with the Articles of Association of the Company, the term of a director is three years, and the directors are eligible for re-election upon expiry of their terms. Mr. Fu Wanjun and Mr. Yao Wei will not receive any director's fees.

Save as disclosed in this announcement, there are no other matters that need to be brought to the attention of the shareholders of the Company and there is no other information to be disclosed pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The Board would like to express its warm welcome to Mr. Fu Wanjun and Mr. Yao Wei to the Board.

1. CHANGES OF MEMBER OF THE EIGHTH SESSION OF THE BOARD COMMITTEE OF THE COMPANY
   The Board has approved the appointment of Mr. Liu Jin as the chairman of Risk Management Committee of the Board, effective from the date of this announcement.

On behalf of the Board

China Everbright Bank Company Limited

LI Xiaopeng

Chairman

Beijing, the PRC

28 August 2020

As at the date of this announcement, the Executive Directors of the Company are Mr. Liu Jin and Mr. Lu Hong; the Non-executive Directors are Mr. Li Xiaopeng, Mr. Wu Lijun, Mr. Cai Yunge, Mr. Liu Chong and Ms. Yu Chunling; and the Independent Non-executive Directors are Mr. Xu Hongcai, Mr. Feng Lun, Mr. Wang Liguo, Mr. Shao Ruiqing, Mr. Hong Yongmiao and Mr. Li Yinquan.

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