Circular of the 2020 Annual General Meeting

THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

If you are in doubt as to any aspect of this circular or as to the action to be taken, you should consult your stockbroker or other registered dealer in securities, bank manager, solicitor, professional accountant or other professional adviser.

If you have sold or transferred all your shares in Bank of Guizhou Co., Ltd.*, you should at once hand this circular, together with the form(s) of proxy to the purchaser(s) or transferee(s) or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser(s) or transferee(s).

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, 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 circular.

This circular is for information purpose only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities of the Bank.

(1) 2020 WORK REPORT OF THE BOARD OF DIRECTORS (2) 2020 WORK REPORT OF THE BOARD OF SUPERVISORS (3) 2020 PERFORMANCE EVALUATION REPORT ON BOARD OF DIRECTORS AND BOARD OF SUPERVISORS AND SENIOR MANAGEMENT AND THEIR MEMBERS (4) 2020 FINANCIAL STATEMENTS REPORT (5) 2020 PROFIT DISTRIBUTION PLAN (6) 2021 FINANCIAL BUDGET PLAN (7) AMENDMENTS TO THE RULES OF PROCEDURE OF THE BOARD OF DIRECTORS OF BANK OF GUIZHOU CO., LTD. (8) APPOINTMENT OF ACCOUNTING FIRMS FOR 2021 (9) ELECTION OF THE THIRD SESSION OF THE BOARD OF DIRECTORS AND APPOINTMENTS OF MR. YANG MINGSHANG, MR. XU AN AND MR. CAI DONG AS EXECUTIVE DIRECTORS OF THE THIRD SESSION OF THE BOARD OF DIRECTORS; MR. CHEN JINGDE, MR. CHEN HANQING, MR. CHEN HUA, MR. WANG XIAOYONG, MS. GONG TAOTAO, MR. WANG WENCHENG AND MR. ZHAO YONG AS NON-EXECUTIVE DIRECTORS OF THE THIRD SESSION OF THE BOARD OF DIRECTORS; MR. WANG GEFAN, MR. TANG XIN, MR. SONG KE, MR. LAW CHEUK KIN STEPHEN AND MR. JIANG SHANGJUN AS INDEPENDENT NON-EXECUTIVE DIRECTORS OF THE THIRD SESSION OF THE BOARD OF DIRECTORS (10) ELECTION OF THE THIRD SESSION OF THE BOARD OF SUPERVISORS AND APPOINTMENTS OF MR. MA PENG, MR. CHENG YUNLONG AND MS. XU YU AS SHAREHOLDER SUPERVISORS OF THE THIRD SESSION OF THE BOARD OF SUPERVISORS; MR. SU ZHI, MR. YIN XINQUAN AND MR. CHEN HOUYI AS EXTERNAL SUPERVISORS OF THE THIRD SESSION OF BOARD OF SUPERVISORS (11) REMUNERATION STANDARDS OF THE EXECUTIVE DIRECTORS OF THE THIRD SESSION OF THE BOARD OF DIRECTORS OF THE BANK (12) REMUNERATION STANDARDS OF THE NON-EXECUTIVE DIRECTORS OF THE THIRD SESSION OF THE BOARD OF DIRECTORS OF THE BANK (13) REMUNERATION STANDARDS OF THE INDEPENDENT NON-EXECUTIVE DIRECTORS OF THE THIRD SESSION OF THE BOARD OF DIRECTORS OF THE BANK (14) REMUNERATION STANDARDS OF THE EMPLOYEE SUPERVISORS OF THE THIRD SESSION OF THE BOARD OF SUPERVISORS OF THE BANK （15）REMUNERATION STANDARDS OF THE SHAREHOLDER SUPERVISORS OF THE THIRD SESSION OF THE BOARD OF SUPERVISORS OF THE BANK （16）REMUNERATION STANDARDS OF THE EXTERNAL SUPERVISORS OF THE THIRD SESSION OF THE BOARD OF SUPERVISORS OF THE BANK (17) PLAN ON ISSUANCE OF CAPITAL BONDS WITHOUT A FIXED TERM OF THE BANK (18) PLAN ON AUTHORIZATION OF THE SHAREHOLDERS’ GENERAL MEETING OF THE BANK TO THE BOARD OF DIRECTORS AND NOTICE OF THE 2020 ANNUAL GENERAL MEETING

The Letter from the Board is set out on pages 1 to 19 of this circular.

The AGM will be held at 2:30 p.m. on Wednesday, 16 June 2021 at the Conference Room 4501, Bank of Guizhou Head Office Building, No. 9 Yongchang Road, Guanshanhu District, Guiyang, Guizhou Province, the PRC. The notice of the AGM is set out on pages 72 to 77 of this circular and was despatched on 17 May 2021.

Whether or not you intend to attend and/or vote at the AGM, you are required to complete the form of proxy in accordance with the instructions printed thereon and deliver the form of proxy to the H Share Registrar of the Bank, Computershare Hong Kong Investor Services Limited at Shops 1712–1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (for the H Shareholders) or the office of the Board of the Bank at the 43rd floor, Bank of Guizhou Head Office Building, No. 9 Yongchang Road, Guanshanhu District, Guiyang, Guizhou Province, the PRC (for the Domestic Shareholders) as soon as possible and in any event not less than 24 hours before the scheduled time for the holding of the AGM or any adjournment thereof. Completion and return of the form of proxy will not preclude you from attending in person or voting at the AGM or any adjournment thereof should you so wish. The form of proxy for the AGM was despatched on 17 May 2021.

This circular is prepared in both Chinese and English. In case of any discrepancies between the Chinese and English versions, the Chinese version shall prevail. 17 May 2021

* Bank of Guizhou Co., Ltd. is not an authorized institution within the meaning of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorized to carry on banking and/or deposit-taking business in Hong Kong. CONTENT

DEFINITIONS ...... ii

LETTER FROM THE BOARD ...... 1

APPENDIX I 2020 WORK REPORT OF THE BOARD OF DIRECTORS ...... 20

APPENDIX II 2020 WORK REPORT OF THE BOARD OF SUPERVISORS ...... 24

APPENDIX III 2020 PERFORMANCE EVALUATION REPORT ON BOARD OF DIRECTORS AND BOARD OF SUPERVISORS AND SENIOR MANAGEMENT AND THEIR MEMBERS ...... 29

APPENDIX IV COMPARISON TABLE OF AMENDMENTS TO THE RULES OF PROCEDURE OF THE BOARD OF DIRECTORS OF BANK OF GUIZHOU CO., LTD...... 33

APPENDIX V BIOGRAPHICAL DETAILS OF DIRECTOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF DIRECTORS...... 40

APPENDIX VI BIOGRAPHICAL DETAILS OF SUPERVISOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF SUPERVISORS...... 50

APPENDIX VII PLAN ON ISSUANCE OF CAPITAL BONDS WITHOUT A FIXED TERM ...... 55

APPENDIX VIII PLAN ON AUTHORIZATION OF THE SHAREHOLDERS’ GENERAL MEETING TO THE BOARD OF DIRECTORS ...... 57

APPENDIX IX 2020 PERFORMANCE REPORT OF INDEPENDENT NON-EXECUTIVE DIRECTORS ...... 61

APPENDIX X 2020 REPORT ON WORK PROGRESS OF RELATED-PARTY TRANSACTIONS ...... 65

APPENDIX XI 2019 REPORT ON IMPLEMENTATION OF RESOLUTIONS OF SHAREHOLDERS’ GENERAL MEETING ...... 69

NOTICE OF THE 2020 ANNUAL GENERAL MEETING...... 72

– i – DEFINITIONS

In this circular, unless the context otherwise requires, the following terms shall have the meanings set out below:

“AGM” The 2020 annual general meeting of the Bank to be held at 2:30 p.m. on Wednesday, 16 June 2021 at the Conference Room 4501, Bank of Guizhou Head Office Building, No. 9 Yongchang Road, Guanshanhu District, Guiyang, Guizhou Province, the PRC

“Articles of Association” the articles of association of the Bank, which may be amended, supplemented or otherwise amended from time to time

“Bank” or “Bank of Guizhou” Bank of Guizhou Co., Ltd. (貴州銀行股份有限公司), a joint stock company incorporated on 28 September 2012 in Guizhou Province, PRC with limited liability in accordance with PRC laws and regulations and, if the context requires, includes its predecessors, branches and sub-branches

“Board” or “Board of Directors” the board of directors of the Bank

“Board of Supervisors” the board of supervisors of the Bank

“China” or “PRC” the People’s Republic of China, for the purpose of this circular only, excludes Hong Kong, Macau Special Administrative Region of the PRC and Taiwan region

“CBIRC” China Banking and Insurance Regulatory Commission (中國銀行保險監督管理委員會), and, if the context requires, includes its predecessor, China Banking Regulatory Commission (中國銀行業監督管理委員會)

“Director(s)” the director(s) of the Bank

“Domestic Share(s)” the ordinary Share(s) issued by the Bank in the PRC with a par value of RMB1.00 each, which are subscribed for or credited as paid up in RMB

“Domestic Shareholder(s)” the holder(s) of the Domestic Shares

– ii – DEFINITIONS

“H Shares(s)” the overseas listed foreign Share(s) of par value RMB1.00 each in the share capital of the Bank, which are listed on the Hong Kong Stock Exchange and traded in Hong Kong dollars

“H Shareholder(s)” the holder(s) of the H Shares

“HK$” or “Hong Kong dollars” Hong Kong dollars, the lawful currency of Hong Kong

“Hong Kong” or “HK” Hong Kong Special Administrative Region of the PRC

“Hong Kong Stock Exchange” The Stock Exchange of Hong Kong Limited

“Latest Practicable Date” 11 May 2021, being the latest practicable date for ascertaining certain information included herein preceding the printing of this circular

“independent Director(s)” or the independent director(s) referred to the Articles of Association and “independent non-executive the independent non-executive director(s) under the Listing Rule Director(s)”

“Listing Rules” the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

“Share(s)” shares of the Bank, including Domestic Shares and H Shares

“RMB” Renminbi, the lawful currency of the PRC

“Shareholder(s)” the holder(s) of the Shares

“Supervisor(s)” the supervisor(s) of the Bank

“%” per cent

Certain amounts and percentage figures in this circular have been subject to rounding adjustments. Accordingly, figures shown as currency conversion or percentage equivalents may not be an arithmetic sum of such figures.

– iii – LETTER FROM THE BOARD

Executive Directors: Registered office in the PRC: Mr. XU An No. 9 Yongchang Road Guiyang, Guanshanhu District Non-executive Directors: Guizhou Province, the PRC Ms. GONG Taotao Principal place of business in Hong Kong: Independent non-executive Directors: 40/F, Dah Sing Financial Centre Mr. TANG Xin No. 248, Queen’s Road East Mr. WANG Gefan Wanchai, Hong Kong Mr. SONG Ke Mr. LI Shoubing Mr. LAW Cheuk Kin Stephen

Dear Sir or Madam,

– 1 – LETTER FROM THE BOARD

I. INTRODUCTION

The AGM of the Bank will be held at 2:30 p.m. on Wednesday, 16 June 2021. 37 ordinary resolutions and 2 special resolutions will be proposed at the AGM for the consideration and approval, as appropriate, of the Shareholders:

ORDINARY RESOLUTIONS

1. To consider and approve the 2020 Work Report of the Board of Directors of the Bank.

2. To consider and approve the 2020 Work Report of the Board of Supervisors of the Bank.

3. To consider and approve the 2020 Performance Evaluation Report on Board of Directors and Board of Supervisors and Senior Management and their Members of the Bank.

4. To consider and approve the 2020 Financial Statements Report of the Bank.

5. To consider and approve the 2020 Profit Distribution Plan of the Bank.

6. To consider and approve the 2021 Financial Budget Plan of the Bank.

7. To consider and approve the Amendments to the Rules of Procedure of the Board of Directors of Bank of Guizhou Co., Ltd..

8. To consider and approve the appointment of Accounting Firms for the year 2021.

9. To consider and approve the election of the third session of the Board of Directors of the Bank.

10. To consider and approve the appointment of Mr. Yang Mingshang as an executive director of the third session of the board of directors of the Bank.

11. To consider and approve the appointment of Mr. Xu An as an executive director of the third session of the board of directors of the Bank.

12. To consider and approve the appointment of Mr. Cai Dong as an executive director of the third session of the board of directors of the Bank.

13. To consider and approve the appointment of Mr. Chen Jingde as a non-executive director of the third session of the board of directors of the Bank.

– 2 – LETTER FROM THE BOARD

14. To consider and approve the appointment of Mr. Chen Hanqing as a non-executive director of the third session of the board of directors of the Bank.

15. To consider and approve the appointment of Mr. Chen Hua as a non-executive director of the third session of the board of directors of the Bank.

16. To consider and approve the appointment of Mr. Wang Xiaoyong as a non-executive director of the third session of the board of directors of the Bank.

17. To consider and approve the appointment of Ms. Gong Taotao as a non-executive director of the third session of the board of directors of the Bank.

18. To consider and approve the appointment of Mr. Wang Wencheng as a non-executive director of the third session of the board of directors of the Bank.

19. To consider and approve the appointment of Mr. Zhao Yong as a non-executive director of the third session of the board of directors of the Bank.

20. To consider and approve the appointment of Mr. Wang Gefan as an independent non-executive director of the third session of the board of directors of the Bank.

21. To consider and approve the appointment of Mr. Tang Xin as an independent non-executive director of the third session of the board of directors of the Bank.

22. To consider and approve the appointment of Mr. Song Ke as an independent non-executive director of the third session of the board of directors of the Bank.

23. To consider and approve the appointment of Mr. Law Cheuk Kin Stephen as an independent non-executive director of the third session of the board of directors of the Bank.

24. To consider and approve the appointment of Mr. Jiang Shangjun as an independent non-executive director of the third session of the board of directors of the Bank.

25. To consider and approve the election of the third session of the board of supervisors of the Bank.

26. To consider and approve the appointment of Mr. Ma Peng as a shareholder supervisor of the third session of the board of supervisors of the Bank.

27. To consider and approve the appointment of Mr. Cheng Yunlong as a shareholder supervisor of the third session of the board of supervisors of the Bank.

– 3 – LETTER FROM THE BOARD

28. To consider and approve the appointment of Ms. Xu Yu as a shareholder supervisor of the third session of the board of supervisors of the Bank.

29. To consider and approve the appointment of Mr. Su Zhi as an external supervisor of the third session of the board of supervisors of the Bank.

30. To consider and approve the appointment of Mr. Yin Xinquan as an external supervisor of the third session of the board of supervisors of the Bank.

31. To consider and approve the appointment of Mr. Chen Houyi as an external supervisor of the third session of the board of supervisors of the Bank.

32. To consider and approve the remuneration standards of the executive directors of the third session of the board of directors of the Bank.

33. To consider and approve the remuneration standards of the non-executive directors of the third session of the board of directors of the Bank.

34. To consider and approve the remuneration standards of the independent non-executive directors of the third session of the board of directors of the Bank.

35. To consider and approve the remuneration standards of the employee supervisors of the third session of the board of supervisors of the Bank.

36. To consider and approve the remuneration standards of the shareholder supervisors of the third session of the board of supervisors of the Bank.

37. To consider and approve the remuneration standards of the external supervisors of the third session of the board of supervisors of the Bank.

SPECIAL RESOLUTIONS

38. To consider and approve the plan on issuance of capital bonds without a fixed term by the Bank.

39. To consider and approve the plan on authorization of the Shareholders’ General Meeting to the Board of Directors of the Bank.

The purpose of this circular is to provide you with details of the aforementioned resolution(s) to be considered at the AGM. The notice of the AGM is set out on pages 72 to 77 of this circular and was despatched on 17 May 2021.

– 4 – LETTER FROM THE BOARD

II. PROPOSED MATTERS FOR THE AGM

1. 2020 Work Report of the Board of Directors

An ordinary resolution will be proposed at the AGM to consider and approve the 2020 Work Report of the Board of Directors of the Bank. For the detailed content of the 2020 Work Report of the Board of Directors of the Bank, please refer to Appendix I in this circular.

The above resolution has been considered and approved at the Board meeting on 30 March 2021 and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution.

2. 2020 Work Report of the Board of Supervisors

An ordinary resolution will be proposed at the AGM to consider and approve the 2020 Work Report of the Board of Supervisors of the Bank. For the detailed content of the 2020 Work Report of the Board of Supervisors of the Bank, please refer to Appendix II in this circular.

The above resolution has been considered and approved at the meeting of the Board of Supervisors on 7 April 2021 and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution.

3. 2020 Performance Evaluation Report on Board of Directors and Board of Supervisors and Senior Management and Their Members

An ordinary resolution will be proposed at the AGM to consider and approve the 2020 Performance Evaluation Report on Board of Directors and Board of Supervisors and Senior Management and Their Members of the Bank. Details are as follows:

According to relevant regulations, the Board of Supervisors organized and conducted the 2020 performance evaluation on the Board of Directors, the Board of Supervisors and the Senior Management and their members. The targets of the performance evaluation are the Directors, Supervisors and senior management who were in office as at the end of 2020. Please refer to Appendix III for the performance evaluation report.

The above resolution has been considered and approved by the Board of Supervisors on 7 April 2021 and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution.

– 5 – LETTER FROM THE BOARD

4. 2020 Financial Statements Report

An ordinary resolution will be proposed at the AGM to consider and approve the 2020 Financial Statements Report of the Bank. Details are as follows:

As of the end of 2020, the Bank’s total assets amounted to RMB456,401 million, representing an increase of RMB47,012 million or 11.48% as compared with the beginning of the year; total liabilities amounted to RMB420,373 million, representing an increase of RMB44,874 million or 11.95% as compared with the beginning of the year; owner’s equity amounted to RMB36,028 million, representing an increase of RMB2,139 million or 6.31% as compared with the beginning of the year.

In 2020, the Bank’s operating income amounted to RMB11,248 million, representing a year-on-year increase of RMB542 million or 5.06%; net interest income amounted to RMB10,121 million, representing a year-on-year increase of RMB250 million or 2.54%; net fee and commission income amounted to RMB363 million, representing a year-on-year increase of RMB268 million or 283.05%; profit before tax was RMB4,355 million, representing a year-on-year increase of RMB263 million or 6.45%; net profit amounted to RMB3,671 million, representing a year-on-year increase of RMB107 million or 3.00%; cost-to-income ratio was 30.29%, representing a year-on-year decrease of 1.78%.

The above resolution has been considered and approved at the Board meeting on 30 March 2021 and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution.

– 6 – LETTER FROM THE BOARD

5. 2020 Profit Distribution Plan

An ordinary resolution will be proposed at the AGM to consider and approve the 2020 Profit Distribution Plan of the Bank. Details are as follows:

I. RMB367.0663 million will be appropriated to the statutory surplus reserve.

II. RMB620 million will be appropriated to the general risk reserve.

III. Based on the share capital of 14,588,046,744 shares as at the end of 2020, the Bank distributed the dividend to all shareholders at 7% of the share capital, totaling RMB1,021,163,272 (tax inclusive) in cash. The Bank will withhold and pay the income tax on behalf of relevant shareholders in accordance with the relevant provisions of the national tax law.

IV. The remaining profit, being RMB5,374.638 million, will be retained and undistributed.

The above resolution has been considered and approved at the Board meeting on 30 March 2021 and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution. Upon the above profit distribution plan being approved, the Bank expects to pay cash dividends for the year ended 31 December 2020 to the Shareholders on 12 August 2021. Dividends to Domestic Shareholders will be paid in RMB, and dividends to H Shareholders will be paid in equivalent Hong Kong dollars. RMB will be converted into Hong Kong dollars at the exchange central parity rate announced by the People’s Bank of China on Wednesday, 16 June 2021 (i.e. the date of the AGM of the Bank). The register of members in respect of the H Shares of the Bank will be closed from Tuesday, 22 June 2021 to Monday, 28 June 2021 (both days inclusive). In order to be entitled to the final dividend, H Shareholders of the Bank who have not registered the relevant transfer documents are required to deliver all transfer documents together with the relevant share certificates and other appropriate documents to the H Share Registrar of the Bank, Computershare Hong Kong Investor Services Limited, at Shops 1712 – 1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong not later than 4:30 p.m. on Monday, 21 June 2021. H Shareholders whose names appear on the register of members of the H Shares on Monday, 28 June 2021 are entitled to receive the final dividend. The Bank will further announce detailed cash dividends arrangement after the convening of the AGM.

– 7 – LETTER FROM THE BOARD

6. 2021 Financial Budget Plan

An ordinary resolution will be proposed at the AGM to consider and approve the 2021 Financial Budget Plan of the Bank. Details are as follows:

In 2021, the Bank’s major financial expenses are expected to be RMB6,910 million, representing a year-on-year decrease of RMB7 million or 0.1%. Details are as follows:

I. Taxes and surcharges

The taxes and surcharges are estimated to be RMB180 million, representing a year-on-year increase of RMB31 million or 20.81%.

II. Operating and administrative expenses

The operating and administrative expenses are estimated to be RMB3,850 million, representing a year-on-year increase of RMB481 million or 14.28%.

III. Lease fee of right-of-use assets

The depreciation charge of right-of-use assets is estimated to be RMB180 million, representing a year-on-year increase of RMB13 million or 7.79%.

IV. Impairment losses on assets

It is estimated that the Bank will make allowance for impairment losses of approximately RMB2.7 billion, representing a year-on-year decrease of RMB532 million or 16.46%.

The above resolution has been considered and approved at the Board meeting on 30 March 2021 and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution.

– 8 – LETTER FROM THE BOARD

7. Amendments to the Rules of Procedure of the Board of Directors of Bank of Guizhou Co., Ltd.

An ordinary resolution will be proposed at the AGM to consider and approve the amendments to the Rules of Procedure of the Board of Directors of Bank of Guizhou Co., Ltd.. Details are as follows:

In order to further improve the corporate governance and implement relevant regulatory requirements of the administrative authorities, the Bank made amendments to the Rules of Procedure of the Board of Directors of Bank of Guizhou. Please refer to Appendix IV for the comparison table of amendments to the Rules of Procedure of the Broad of Directors of Bank of Guizhou Co., Ltd..

The above resolution has been considered and approved at the Board meeting on 30 March 2021 and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution.

8. Appointment of Accounting Firms for 2021

An ordinary resolution will be proposed at the AGM to consider and approve the appointment of accounting firms for 2021. Details are as follows:

The Bank proposes to the AGM to consider and approve the reappointment of KPMG Huazhen LLP as the domestic auditor of the Bank for 2021 and KPMG as the international auditor of the Bank for 2021. The audit fees for 2020 and 2021 are RMB3.05 million and RMB3.00 million, respectively.

The above resolution has been considered and approved at the Board meeting on 30 March 2021 and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution.

– 9 – LETTER FROM THE BOARD

9. The Election of the Third Session of the Board of Directors and Appointments of Mr. Yang Mingshang, Mr. Xu An and Mr. Cai Dong as Executive Directors of the Third Session of the Board of Directors; Mr. Chen Jingde, Mr. Chen Hanqing, Mr. Chen Hua, Mr. Wang Xiaoyong, Ms. Gong Taotao, Mr. Wang Wencheng and Mr. Zhao Yong as Non-executive Directors of the Third Session of the Board of Directors; Mr. Wang Gefan, Mr. Tang Xin, Mr. Song Ke, Mr. LAW Cheuk Kin Stephen and Mr. Jiang Shangjun as Independent Non-Executive Directors of the Third Session of the Board of Directors

Reference is made to the announcement of the Bank published on 7 May 2021 in relation to the election of members of the Board of Directors and the Board of Supervisors. Sixteen ordinary resolutions will be proposed separately at the AGM to approve the appointments of Mr. Yang Mingshang, Mr. Xu An and Mr. Cai Dong as executive Directors of the third session of the Board of Directors; Mr. Chen Jingde, Mr. Chen Hanqing, Mr. Chen Hua, Mr. Wang Xiaoyong, Ms. Gong Taotao, Mr. Wang Wencheng and Mr. Zhao Yong as non-executive Directors of the third session of the Board of Directors; Mr. Wang Gefan, Mr. Tang Xin, Mr. Song Ke, Mr. Law Cheuk Kin Stephen and Mr. Jiang Shangjun as independent non-executive Directors of the third session of the Board of Directors.

The term of office of the members of the third session of the Board of Directors shall be three years, except for Mr. Xu an, Ms. Gong Taotao, Mr. Wang Gefan, Mr. Tang Xin, Mr. Song Ke, Mr. LAW Cheuk Kin Stephen, who will be in office from the date of consideration and approval at the Shareholders’ general meeting, the remaining candidates for Directors have not yet obtained the ratification of their qualifications for the positions by CBIRC, their terms of office shall commence on the date of consideration and approval at the Shareholders’ general meeting and approval of their qualifications for the positions by CBIRC, until the expiry of the term of the third session of the Board of Directors.

The biographical details for Director candidates of the third session of the Board of Directors are set out in Appendix V to this circular. As at the Latest Practicable Date and to the best knowledge of the Board of Directors of the Bank, save as disclosed in this circular, the Director candidates have not held any directorship in public companies whose securities are listed on any securities market in Hong Kong or overseas in the past three years. As at the Latest Practicable Date, save as disclosed in this circular, the Director candidates do not have other relationship with any Directors, Supervisors, senior management or substantial shareholders of the Bank. As at the Latest Practicable Date, Mr. Xu An was deemed to be interested in 500,000 Shares of the Bank within the meaning of Part XV of the Securities and Futures Ordinance. As at the Latest Practicable Date and to the best knowledge of Board of Directors of the Bank, save as disclosed in this circular, other Director candidates do not have any interest in the Shares of the Bank or its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong

– 10 – LETTER FROM THE BOARD

Kong). There is no other information in relation to the appointment of each of the Director candidates which is required to be disclosed pursuant to the requirements set out in Rules 13.51(2) (h) to (v) of the Listing Rules nor is there any matter that needs to be brought to the attention of the Shareholders of the Bank.

If appointed, the Bank will enter into a service contract with each of the aforesaid Director candidates. The Board of Directors proposed to appoint each of the Director candidates as Directors of the Bank. Unless adjustment is required by the relevant applicable laws and regulations, the terms of office of each of the Director candidates shall end on the expiry date of the terms of office of the third session of the Board of Directors. If appointed, the remuneration for Mr. Yang Mingshang, Mr. Xu An and Mr. Cai Dong during their terms of office as executive Directors of the Bank will follow the Notice of the Guizhou Provincial Department of Finance on the Remuneration Management of Responsible Persons of Provincial-level Local Financial Enterprises (貴州省財政廳關於省級地方金融企業負責人薪酬管理有關規定), including basic annual salary, performance annual salary and tenure incentive income, which is specifically organized and carried out by the Guizhou Provincial Department of Finance on an annual basis performance appraisal and report to the provincial salary reform leading group (省薪酬改革領導小組) for approval and implementation. Mr. Chen Jingde, Mr. Chen Hanqing, Mr. Chen Hua, Mr. Wang Xiaoyong, Ms. Gong Taotao, Mr. Wang Wencheng and Mr. Zhao Yong will not receive remuneration from the Bank during their terms of office as non-executive Directors of the Bank. Mr. Wang Gefan, Mr. Tang Xin, Mr. Song Ke, Mr. LAW Cheuk Kin Stephen and Mr. Jiang Shangjun each will receive allowance for independent non-executive Director of RMB150,000 (after tax) per annum from the Bank during their terms of office as independent non-executive Directors, which has been determined in accordance with applicable laws, regulations and relevant remuneration policy of the Bank. Except the above allowance, the aforesaid independent non-executive Directors will not receive other remuneration from the Bank. The annual remuneration of the Directors of the Bank will be disclosed in the Bank’s annual report for that year. Matters related to the remuneration standards of Directors will be submitted to this Shareholders’ general meeting for consideration. Please refer to items 11 to 13 of this circular for details. The above candidates for independent non-executive Directors are selected by the Bank after considering the Board members diversity in multiple aspects, including but not limited to age, cultural and educational background, professional skills and knowledge as well as their experience and contribution to be provided to the Board of Directors. As at the Latest Practicable Date and to the best knowledge of the Board of Directors, the Board of the Directors is of the view that all candidates for independent non-executive Directors meet the independence guidelines set out in Rule 3.13 of the Listing Rules and are independent in accordance with the terms of the guidelines.

– 11 – LETTER FROM THE BOARD

The above resolutions have been considered and approved by the Board of Directors on 7 May 2021 and are hereby presented at the AGM for consideration and approval by way of ordinary resolutions.

Reference is made to the announcement of the Bank dated 20 May 2020 in relation to (among other things) the appointments of Directors. Due to election of members of new session of the Board of Directors, the Bank’s proposed non-executive Directors, Mr. Shi Xianyin and Mr. Zhong Xueliang, and the Banks’s independent non-executive Director, Mr. Li Shoubing, will no longer serve as the proposed non-executive Directors of the Bank from the date of election of members of the third session of the Board of Directors of the Bank. They have confirmed with the Board of Directors that they have no disagreement with the Board of Directors, nor is there any matter that needs to be brought to the attention of the Shareholders of the Bank or Hong Kong Stock Exchange.

10. The Election of the Third Session of the Board of Supervisors and Appointments of Mr. Ma Peng, Mr. Cheng Yunlong and Ms. Xu Yu as Shareholder Supervisors of the Third Session of the Board of Supervisors; Mr. Su Zhi, Mr. Yin Xinquan and Mr. Chen Houyi as External Supervisors of the Third Session of Board of Supervisors

Reference is made to the announcement of the Bank published on 7 May 2021 in relation to the election of members of the Board of Directors and the Board of Supervisors. Seven ordinary resolutions will be proposed at the AGM separately to consider and approve the election of the Board of Supervisors of the Bank and the appointments of Mr. Su Zhi, Mr. Yin Xinquan and Mr. Chen Houyi as the external Supervisors of the third session of Board of Supervisors; Mr. Ma Peng, Mr. Cheng Yunlong and Ms. Xu Yu as the shareholder Supervisors of the third session of the Board of Supervisors.

Among the members of the third session of the Board of Supervisors of the Bank, in addition to the above nominated Supervisor candidates, three employee Supervisors will be elected by the employees of the Bank at the employee representatives meeting to join the third session of the Board of Supervisors directly.

The term of office of the members of the third session of the Board of Supervisors of the Bank shall be three years commencing on the date of the approval at the Shareholders’ general meeting.

The biographical details of the candidates for Supervisors of the third session of the Board of Supervisors are set out in Appendix VI to this circular. As at the Latest Practicable Date and to the best knowledge of the Board of Supervisors, save as disclosed in this circular, the abovementioned Supervisor candidates did not hold any directorship in public companies whose securities are listed on any securities market in Hong Kong or overseas in the

– 12 – LETTER FROM THE BOARD past three years. As at the Latest Practicable Date, save as disclosed in this circular, the abovementioned Supervisor candidates do not have other relationship with any Directors, Supervisors, senior management or substantial Shareholders of the Bank. As at the Latest Practicable Date and as far as the Board of Supervisors is aware of, the abovementioned Supervisor candidates do not have any interest in the shares of the Bank or its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). There is no other information in relation to the appointment of each of the abovementioned Supervisor candidates which is required to be disclosed pursuant to the requirements set out in Rules 13.51(2) (h) to (v) of the Hong Kong Listing Rules nor is there any matter that needs to be brought to the attention of the Shareholders of the Bank.

The Bank will enter into a service contract with each of the appointed Supervisors. The Board of Supervisors proposed to appoint all Supervisor candidates as Supervisors of the Bank. Unless adjustment is required by relevant applicable laws and regulations, the terms of office of each of the abovementioned Supervisor candidates shall end on the expiry date of the term of office of the third session of the Board of Supervisors. If appointed, each of Mr. Su Zhi, Mr. Yin Xinquan and Mr. Chen Houyi will receive an allowance for external Supervisors of RMB150,000 (after tax) per annum from the Bank during their terms of office as the external Supervisors of the Bank, which has been determined in accordance with applicable laws, regulations and relevant remuneration policy of the Bank. Except the above allowance, the abovementioned external Supervisors will not receive other remuneration from the Bank; Mr. Ma Peng, Mr. Cheng Yunlong and Ms. Xu Yu will not receive remuneration from the Bank during their terms of office as the shareholder Supervisors of the Bank. The annual remuneration of the Supervisors of the Bank will be disclosed in the Bank’s annual report for that year. Matters related to the remuneration standards of Supervisors will be submitted to this Shareholders’ general meeting for consideration. Please refer to items 14 to 16 of this circular for details.

The above resolutions have been considered and approved by the Board of Supervisors on 7 May 2021, and are hereby presented at the AGM for consideration and approval by way of ordinary resolutions.

Due to election of members of new session of the Board of Supervisors, Mr Liu Hanmin, Mr. Yang Jian, Mr. Chen Hongcai, Mr. Wang Changyi and Mr. Li Keyong, the Supervisors of the Bank, will cease to be Supervisors of the Bank from the date of election of the third session of the Board of Supervisors of the Bank. The have confirmed that they have no disagreement with the Board of Directors and Board of Supervisors, nor are there matters that need to be brought to the attention of the Shareholders of the Bank or Hong Kong Stock Exchange.

– 13 – LETTER FROM THE BOARD

11. The Remuneration Standards of the Executive Directors of the Third Session of the Board

Based on the actual situation of the Bank, the remuneration criteria for the executive Directors of the third session of the Board is proposed as follows:

The remuneration criterion for executive Directors shall follow Notice of the Guizhou Provincial Department of Finance on the Remuneration Management of Responsible Persons of Provincial-level Local Financial Enterprises (貴州省財政廳關於省級地方金融企業負責人薪酬管理有關規定), including basic annual salary, performance annual salary and tenure incentive income, which is specifically organized and carried out by the Guizhou Provincial Department of Finance on an annual basis performance appraisal and report to the provincial salary reform leading group (省薪酬改革領導小組) for approval and implementation.

The above resolution has been considered and approved by the Board of Directors on 7 May 2021, and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution.

12. The Remuneration Standards of the Non-executive Directors of the Third Session of the Board

Based on the actual situation of the Bank, the remuneration criteria for the non-executive Directors of the third session of the Board is proposed as follows:

The non-executive Directors shall not receive remuneration from the Bank.

The above resolution has been considered and approved by the Board of Directors on 7 May 2021, and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution.

– 14 – LETTER FROM THE BOARD

13. The Remuneration Standards of the Independent Non-executive Directors of the Third Session of the Board

Based on the actual situation of the Bank, the remuneration criteria for the independent non-executive Directors of the third session of the Board is proposed as follows:

The remuneration criteria for independent non-executive Directors shall be RMB150,000 (after tax) per annum each, taking into consideration the actual situation in the industry and the region.

The above resolution has been considered and approved by the Board of Directors on 7 May 2021, and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution.

14. The Remuneration Standards of the Employee Supervisors of the Third Session of the Board of Supervisors

Based on the actual situation of the Bank, the remuneration criteria for the employee Supervisors of the third session of the Board of Supervisors are proposed as follows:

The remuneration criterion for employee Supervisors who are senior management shall follow the relevant requirements of the Guizhou Provincial Department of Finance on the Remuneration Management of Responsible Persons of Provincial-level Local Financial Enterprises;

The remuneration criterion for employee Supervisors who are employees of the Bank other than senior management shall be based on their positions and shall be implemented in accordance with the relevant regulations of the Bank’s remuneration management.

The above resolution has been considered and approved by the Board of Supervisors on 7 May 2021, and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution.

– 15 – LETTER FROM THE BOARD

15. The Remuneration Standards of the Shareholder Supervisors of the Third Session of the Board of Supervisors

Based on the actual situation of the Bank, the remuneration criteria for the shareholder Supervisors of the third session of the Board of Supervisors are proposed as follows:

The shareholder Supervisors shall not receive remuneration from the Bank.

The above resolution has been considered and approved by the Board of Supervisors on 7 May 2021, and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution.

16. The Remuneration Standards of the External Supervisors of the Third Session of the Board of Supervisors

Based on the actual situation of the Bank, the remuneration criteria for external Supervisors of the third session of the Board of Supervisors are proposed as follows:

The remuneration criteria for external Supervisors shall be RMB150,000 (after tax) per annum each, taking into consideration the actual situation in the industry and the region.

The above resolution has been considered and approved by the Board of Supervisors on 7 May 2021, and is hereby presented at the AGM for consideration and approval by way of an ordinary resolution.

– 16 – LETTER FROM THE BOARD

17. Plan on Issuance of Capital Bonds Without a Fixed Term

A special resolution will be proposed at the AGM to consider and approve the issuance of capital bonds without a fixed term by the Bank. Details are as follows:

In order to continuously replenish the capital of the Bank, further optimize the capital structure, improve the efficiency of capital use, and support the steady development of various businesses of the Bank, pursuant to the Administrative Measures on Capital of Commercial Banks (Trial) (Yin Bao Jian Hui [2012] No. 1) and Opinions on Further Supporting Commercial Banks’ Innovation on Capital Instruments (Yin Jian Fa [2018] No. 5) issued by CBIRC and Announcement on Issuance by Banking financial institutions of Bonds for Capital Replenishment (the [2018] No. 3 Announcement of the People’s Bank of China) issued by the People’s Bank of China and other relevant documents, the Bank proposed to issue no more than RMB3.5 billion (inclusive) capital bonds without a fixed term. Please refer to the Appendix VII for the details of the issuance of capital bonds without a fixed term.

The above resolution has been considered and approved by the Board of Directors on 30 March 2021 and is hereby presented at the AGM for consideration and approval by way of a special resolution.

18. Plan on Authorization of the Shareholders’ General Meeting to the Board of Directors

A special resolution will be proposed at the AGM to consider and approve the plan on authorization of the Shareholders’ General Meeting of the Bank to the Board of Directors. Details are as follows:

In order to further improve the corporate governance structure of the Bank, the Bank formulated the plan on authorization of the Shareholders’ General Meeting to the Board of Directors in accordance with the provisions in the Company Law of the People’s Republic of the China, other relevant laws and regulations and the Articles of Association of the Bank of Guizhou Co., Ltd.. Please refer to Appendix VIII for the authorization plan.

The above resolution has been considered and approved at the Board meeting on 30 March 2021 and is hereby presented at the AGM for consideration and approval by way of a special resolution.

– 17 – LETTER FROM THE BOARD

III. REPORTING MATTERS FOR THE AGM

In addition, Shareholders will hear the 2020 Performance Report of Independent Non-executive Directors, 2020 Report on Work Progress of Related-Party Transactions and 2019 Report on Implementation of Resolutions of Shareholders’ General Meeting of the Bank. Please refer to Appendices IX to XI for details of the above reports.

IV. AGM

The AGM will be held at 2:30 p.m. on Wednesday, 16 June 2021 at the Conference Room 4501, Bank of Guizhou Head Office Building, No. 9 Yongchang Road, Guanshanhu District, Guiyang, Guizhou Province, the PRC, to consider and, if thought fit, to approve the proposed matters as set out in the relevant notices. The notice of the AGM has been despatched on 17 May 2021.

Whether or not you intend to attend and vote at the AGM in person, you should complete the form of proxy in accordance with the instructions printed thereon. Completion and return of the form(s) of proxy will not preclude you from attending in person or voting at the AGM or any adjournment thereof should you so wish. The respective forms of proxy and reply slips for the AGM have been despatched on 17 May 2021.

V. VOTING BY WAY OF POLL

Pursuant to the requirements of Rule 13.39(4) of the Listing Rules, all voting by the Shareholders at the Shareholders’ general meeting shall be taken by the way of poll. As such, the chairman of the meeting will request a poll for each resolution proposed at the AGM.

As far as the Directors are aware, no Shareholder or its associate (as defined in the Listing Rules) is deemed to have a material interest in any of the resolutions to be proposed at the AGM, and accordingly, no Shareholder is required to abstain from voting on any resolutions at the AGM.

The voting results of the AGM will be published on the websites of the Hong Kong Stock Exchange (www.hkexnews.hk) and the Bank (www.bgzchina.com) in accordance with the Listing Rules.

– 18 – LETTER FROM THE BOARD

VI. CLOSURE OF THE REGISTER OF MEMBERS AND THE ELIGIBILITY FOR ATTENDING AND VOTING AT THE AGM

The Bank’s register of members will be closed from Thursday, 10 June 2021 to Wednesday, 16 June 2021 (both days inclusive), during which period no transfer of Shares will be effected. Shareholders whose names appear on the register of members of the Bank on Wednesday, 16 June 2021 are entitled to attend and vote at the AGM.

For a holder of the Shares of the Bank to be eligible for attending and voting at the AGM, all transfer documents together with the relevant share certificates and other appropriate documents of the holders of the Shares of the Bank shall be delivered to the H Share Registrar of the Bank, Computershare Hong Kong Investor Services Limited, at Shops 1712 – 1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (for the holders of the H Shares) or the office of the Board of Directors of the Bank at the 43rd floor, Bank of Guizhou Head Office Building, No. 9 Yongchang Road, Guanshanhu District, Guiyang, Guizhou Province, the PRC (for the holders of the Domestic Shares) not later than 4:30 p.m. on Wednesday, 9 June 2021 for registration.

Pursuant to the requirement of the Articles of Association of the Bank, if any Shareholder pledges over 50% (inclusive) of his/her/its equity in the Bank, in the duration of pledge, he/she/it shall not exercise voting right over the pledged equity at the AGM.

VII. RECOMMENDATIONS

The Board (including the independent non-executive Directors) considers that all resolutions to be proposed at the AGM are in the interests of the Bank and the Shareholders as a whole. As such, the Board recommends the Shareholders to vote in favour of all resolutions to be proposed at the AGM.

VIII. OTHER INFORMATION

Please pay attention to the other information as set out in Appendices I to XII in this circular.

By Order of the Board Bank of Guizhou Co., Ltd.* Xu An Executive Director

Guiyang, the PRC, 17 May 2021

– 19 – APPENDIX I 2020 WORK REPORT OF THE BOARD OF DIRECTORS

2020 WORK REPORT OF THE BOARD OF DIRECTORS

Dear Shareholders,

2020 marked the first year for Bank of Guizhou to face the market with a brand-new image as a listed bank, and was also a decisive year for the transformation and development of Bank of Guizhou. Based on the Bank-wide strategic goals, the Board provided full support to the management to carry out various tasks. Facing the severe COVID-19 pandemic and the complicated economic and financial situation, Bank of Guizhou has withstood double challenges from the pandemic impact and the economic downturn. It has achieved a steady growth in its business scale and recorded stably increased profitability. With asset quality continuously improved and transformation effect gradually manifested, Bank of Guizhou has demonstrated satisfactory performance. The work report of the Board of Directors for 2020 is hereby set out as follows:

I. MAJOR WORK IN 2020

In 2020, the Board of Directors held 15 meetings and considered 95 resolutions in aggregate. The special committees under the Board of Directors held 20 meetings and considered 57 resolutions in aggregate. The Board of Directors has fulfilled its responsibilities in a satisfactory manner, gave full play to its consideration and decision-making function, and further promoted the level of corporate governance of the whole bank.

(I) The foundation for the Board of Directors to perform its duties was intensively consolidated. The Board of Directors further identified its responsibilities, and earnestly answered the question that “what a board of directors shall be in charge”. It solidly implemented the information reporting system, and possessed the information on operation and management of the whole bank in a timely manner; for important operation and management issues, it organized special meetings to carry out in-depth exchanges with relevant departments, to ensure full deliberation and scientific decision-making. The Board of Directors took active participation in trainings on corporate governance, regulations on compliance management of Hong Kong listed companies, ESG management, etc., continuously improving its ability to perform duties.

(II) The legitimate rights and interests of shareholders were effectively safeguarded. The Board of Directors convened general meetings in a timely manner, considered 24 resolutions, and made timely report to the shareholders on the operation and management of the whole bank and on important matters in close relation to the interests of the shareholders. It earnestly advanced the implementation of the resolutions of the general meetings, and completed the profit distribution for 2019 and other work in an orderly way.

– 20 – APPENDIX I 2020 WORK REPORT OF THE BOARD OF DIRECTORS

(III) The management of equity and related party transactions was vigorously improved. The Board of Directors supervised and urged rectification of problems found in regulatory inspections, and, on this basis, made intensified efforts to improve mechanisms and procedures, so as to improve the level of management of equity and related party transactions. The Board of Directors vigorously promoted the special audit of dividend distributions over the years and the optimization of the equity management system; it promptly considered the management of related party transactions of the whole Bank in 2019, improved the dynamic monitoring and management of related parties, and strictly reviewed the related party transactions.

(IV) The risk management and internal control were continuously strengthened. The Board of Directors timely considered the work in relation to the overall risk and large-amount risk exposure management in 2019, and thus identified a prudent and sound risk appetite for 2020. Accordingly, it adjusted and optimized the policy on comprehensive risk management in a timely manner. The Board of Directors strengthened the special risk assessment of major issues, and continued to advance the implementation of the new capital agreement. It considered the internal control evaluation, case prevention and control, anti-money laundering, operational risk management and other work of the whole Bank, and defined the work direction and plan for 2020. It organized the revision of 15 systems to further improve the internal control system, and accelerated the advancement of system optimization to improve the technology support for compliance management. The Board of Directors considered the 2019 audit work report, the 2020 audit work plan, the 2019 regulatory inspection opinions and rectification report, etc., and supervised and strengthened problem rectification, thus continuously consolidating audit supervision.

(V) The remuneration and performance management was continuously improved. The Board of Directors considered the 2019 financial statements report, the 2020 business plan and financial budget, etc., and formulated a scientific and reasonable performance indicator evaluation system. It promoted the continuous improvement of the Bank-wide remuneration management, and carried out special audit to strengthen the supervision of the implementation of the remuneration and performance system.

(VI) The information disclosure was carried out in an orderly manner. The Board of Directors strictly abided by the relevant requirements of the Listing Rules of the Hong Kong Stock Exchange, and performed various disclosure obligations in a timely manner. It made vigorous efforts to improve the information disclosure regime and system, and strengthened the management and control of price-sensitive information. By smoothing the investor communication channels, it took initiative to maintain relations with investors.

– 21 – APPENDIX I 2020 WORK REPORT OF THE BOARD OF DIRECTORS

(VII) The social responsibility was actively fulfilled. The Board of Directors provided active assistance in the pandemic prevention and control and the poverty alleviation, and therefore won honorable titles such as “National Advanced Young Volunteer Group in the Financial System in the Fight against the COVID-19 Pandemic (全國金融系統抗擊新冠肺炎疫情青年志願服務先進集體)”, “Charity in Guizhou • Charitable Enterprise (善行貴州•愛心企業)”, Outstanding Enterprise for Contribution to the “Fighting against Pandemic • Guarding Our Homeland (抗擊疫情•守護家園)”, “2020 List of Chinese Golden Bee Enterprises in Social Responsibility Responsible Financial Enterprise (2020金蜜蜂企業社會責任中國榜•責任金融企業)”, and “Iron Horse – Award for Small and Medium Banks with the Most Social Responsibility (鐵馬－最具社會責任中小銀行獎)”. It vigorously developed green finance and successfully established the sixth Equator Bank in China. With the incorporation of the protection of consumer rights and interests into the strategic plan, the Bank’s star-rated outlets have created the best record ever.

II. WORK PLAN FOR 2021

In 2021, the Board of Directors will, based on the new development stage, implement the new development concept, serve the new development pattern, and persevere in advancing the transformation and development of the whole Bank, so as to drive the whole Bank to embark on a new journey of high-quality development. To this end, the Board of Directors will exert emphatic efforts on the following work:

(I) Persevering in advancing the transformation and development. The Board of Directors will continue to focus on strategic management, and deeply advance the transformation of the two pillar business, i.e. corporate business and retail business. It will continue to vigorously develop the financial market business, transaction banking business, asset management business and investment banking business, and increase efforts to cultivate new profit growth points. And the Board of Directors will accelerate the transformation in terms of financial technology.

(II) Taking multiple measures to improve ESG management capabilities. The Board of Directors will improve the top-level design of ESG, and further establish a clear, scientific and reasonable authorization system. It will make good and effective use of the supervision and evaluation of corporate governance, and promote the continuous improvement of the corporate governance level of the whole bank. In addition, the Board of Directors will strengthen environmental and social risk management, and improve environmental information disclosure mechanisms. It will continue to carry out inclusive finance, consumer rights protection and other work in a satisfactory manner, and continue to fulfill social responsibilities.

– 22 – APPENDIX I 2020 WORK REPORT OF THE BOARD OF DIRECTORS

(III) Coordinating and improving investor relations management. The Board of Directors will improve the related party transaction management system so as to continuously enhance the management efficiency and management standardization. It will advance the level promotion of information disclosure, and fulfill the obligations of information disclosure in compliance with regulations, as so to actively convey the value of Bank of Guizhou to the capital market. The Board of Directors will actively maintain relations with investors and carry out the market value management in a satisfactory manner.

(IV) Unremittingly strengthening risk management and internal control. The Board of Directors will continue to adhere to the “prudent and sound” risk appetite, and consistently carry out the comprehensive risk management in a satisfactory manner. It will satisfactorily carry out the prevention and control of credit risks in the post-pandemic period, and continue to strengthen internal control and compliance management and internal audit supervision.

The above report is hereby presented for Shareholders’ consideration.

– 23 – APPENDIX II 2020 WORK REPORT OF THE BOARD OF SUPERVISORS

2020 WORK REPORT OF THE BOARD OF SUPERVISORS

I. MAJOR WORK OF THE BOARD OF SUPERVISORS IN 2020

(I) Standardization of Consideration and Supervision to Effectively Perform Supervision Functions

Firstly, we standardized the convening of meetings of the Board of Supervisors. We coordinated and supervised the preparation of resolutions prior to the meetings, the review thereof during the meetings and the outcome thereof after the meetings so as to give play to the functions of consideration at and supervision for the meetings and practically achieve the Board of Supervisors’ efficiency in supervision. During the Reporting Period, the Board of Supervisors convened five meetings, considered a total of 69 proposals including the Work Report of the Board of Directors, the Work Report of the Board of Supervisors, the Annual Operation Report, the Financial Budget Report, the Financial Statements Report and the Liquidity Management Report, conducted a total of seven special supervisions on projects such as the development of liabilities business throughout the Bank, the transformation of the financial market business and the management of related party transactions, and reviewed a total of 11 reports including the Work Report on Reviewing of Data Governance and the Special Audit Report on Dividends Distribution. The convening of and the procedures for the meetings were in compliance with the requirements under laws and regulations, the Articles of Association and the Rules of Procedure for Meetings of the Board of Supervisors. Secondly, we gave full play to the professional functions of the special committees. Two special committees, namely the Nomination, Remuneration and Evaluation Committee and the Supervision Committee, conducted review of and reached a consensus on important resolutions before submitting them to the Board of Supervisors for consideration, in order to ensure the effective performance of the special committees’ professional supervision functions. Thirdly, the members of the Board of Supervisors were present at the general meetings and the meetings of the Board of Directors in accordance with laws and supervised the process of the meetings, the content of the resolutions and the voting procedures, so as to ensure the meetings were in compliance with laws and regulations in terms of both form and content.

– 24 – APPENDIX II 2020 WORK REPORT OF THE BOARD OF SUPERVISORS

(II) Strengthening of Performance of Duties and Supervision to Promote the Improvement of Corporate Governance

Firstly, we conducted strict supervision on selection of Directors, Supervisions and senior management in aspects such as qualification, working experience, comprehensive quality and selection and appointment procedures, and completed supervision on the selection and appointment of a total of five Director and three Supervisor candidates. Secondly, in terms of the performance of duties by Directors, Supervisors and senior management, we relied on performance evaluation and made objective evaluation on the performance of duties by the Directors, Supervisors and senior management of the Bank during 2020 by way of scoring based on written examinations, daily work statistics and debriefings, comprehensive scoring and other methods, with emphasis on four dimensions including time devotion, efficiency of performance, capability of performance and integrity and self-discipline. Thirdly, for the adjustment to the organizational structure and the remuneration and incentive policies, we made effective supervision on the scientificity and rationality of the organizational structure adjustment and optimization plan, the remuneration management measures and the annual performance assessment plan of the head office in 2020. Fourthly, with respect to management of internal control, we focused on supervising the practical functioning of the “three lines of defenses”, primarily considered 16 reports on internal audit work, urged the continuous improvement of the audit quality and the implementation of rectification, paid attention to the rectification progress of the regulatory warning issues, adhered to the problem-oriented principle, and constantly improved the internal control deficiencies.

(III) Enhancement of Risk Control to Promote the Improvement of Prudent Operation Awareness

Firstly, we played the role of daily risk supervision, conducted more than 20 seminars and exchanges with relevant business departments in the year, to understand and be informed of various risk exposures of the Bank. We issued 18 Risk Warning Letters to business departments, urged relevant departments to make timely rectification and precautions in advance. Secondly, we exercised the function of risk prejudgment, strengthened the research and analysis on the macroeconomic situation, the industry development trend, regulatory priorities and risk points. With regarding to the comprehensive risk management policies, the impact of the pandemic situation, the demand for costs reduction and profits surrender and other 20 specific matters, we proposed a prospective risk prejudgment, reminded the management to focus on the judgement of the overall situation, and took targeted measures to strengthen the prevention of relevant risks. Thirdly, we supervised the procurement of major procurement projects amounting to over RMB10 million for 11 times, and urged the

– 25 – APPENDIX II 2020 WORK REPORT OF THE BOARD OF SUPERVISORS

compliance and rationality of the large procurement expenditure. Fourthly, we established the Admonition Mechanism with the external audit organization of the annual report, proposed requirements for the commencing of work by the external audit organization, and listened to its report after the review. We conducted supervision on its performance of duties, and supervised and checked the audit personnel, audit methods, audit results and rectification of the annual audit organizations.

(IV) Enhancement of Special Supervision to Promote the Accelerated Advancement of Transformation and Development

Firstly, we carried out special supervision and inspection on the implementation of strategies and transformation and development by way of visiting and inspecting 22 strategic implementation and supporting departments in the head office, management department in Guiyang, 8 branches and 65 managerial sub-branches. We conducted a comprehensive and objective evaluation of the progress of the phased work, summarized the achievements carefully, found the gaps, analyzed the problems, and put forward opinions and suggestions to promote the transformation and development of the Bank through supervision. Secondly, we launched special surveys on the Bank’s service efficiency, selected ten businesses with the lowest service efficiency as reflected by the grassroots unit by means of questionnaire survey, on-site discussion and spot check of credit cases. For these ten types of businesses, we analyzed and found out the factors that affect the efficiency of these business processes and measures in terms of aspects such as business process to professional competence, process design, hardware design and assessment orientation. As such, we provided improvement measures and suggestions to promote the improvement of service efficiency through supervision. Thirdly, we carried out a special inspection on large amount procurements of the Bank, and conducted a comprehensive evaluation of the Bank’s centralized procurement system construction, organizational structure establishment and procurement organization management. We put forward suggestions on optimization of problems found in the inspection and promoted the optimization of business process through supervision.

– 26 – APPENDIX II 2020 WORK REPORT OF THE BOARD OF SUPERVISORS

(V) Strengthening Team Building to Improve the Ability of the Board of Supervisors to Perform its Duties

Firstly, we appointed additional 3 Shareholder Supervisors in a timely manner, so as to improve the personnel structure of Supervisors and strengthen supervision. Secondly, the Supervisors were organized to participate in trainings on Supervisors’ performance of its duties and special training on listing for the year of 2020, so as to continuously improve the Supervisors’ ability to observe rules and practice. Thirdly, the Supervisors were organized to visit grass-roots branches, corporate customers and shareholder units, so as to strengthen Supervisors’ understanding of conditions of grass-roots work, products and services of the Bank and the needs of shareholders, and 5 research reports were completed in total. Fourthly, we established a duties performing information communication system, comprehensively sorted out the contents involving the supervisory duties of the Board of Supervisors in laws, regulations, regulatory guidelines and the main rules and regulations of the Bank, further clarified the key points in the performance of duties of the Board of Supervisors, and the information submission task was decomposed and clarified to various departments according to the supervision requirement and supervision frequency, which not only ensured that the Board of Supervisors had obtained the necessary information for the performance of its supervision function, but also guaranteed the implementation of supervision work in a “general ledger” approach, thus enhancing the quality and efficiency of supervision. Fifthly, we established the Implementation Measures for Internal Risk Warning of Bank of Guizhou 《貴州銀行內部風險提示實施辦法》( ), where the Office of the Board of Supervisors uniformly dealt with and investigated into various risks and hidden dangers existing in the business transformation and operation and management which were identified by the staff of the Bank, as well as supervised the handling of such risks and hidden dangers and gave feedback, so as to guarantee smooth channels for reporting of internal risk information of the Bank. Sixthly, we prepared the General Information on the Work of the Board of Supervisors 《監事會工作要情》( ) and the Special Report on the Supervisory Work of the Board of Supervisors 《監事會監督工作專報》( ), constantly innovated the methods of publicizing the supervision results, strengthened the publicity of the trend and results of the supervision of the Board of Supervisors, thus creating a good atmosphere for the whole Bank to support the supervision of the Board of Supervisors.

– 27 – APPENDIX II 2020 WORK REPORT OF THE BOARD OF SUPERVISORS

II. INDEPENDENT OPINIONS ON RELATED MATTERS EXPRESSED BY THE BOARD OF SUPERVISORS

(I) Legal Operation of the Bank

During the Reporting Period, the operation and management of the Bank have been complied with the laws and regulations, regulatory requirements and the Articles of Association. The Board of Supervisors has not found that the Board of Directors, the senior management and their members have violated laws and regulations or damaged the interests of the Bank and shareholders.

(II) Financial Statements

During the Reporting Period, the financial statements of the Bank have been audited by KPMG, with standard unqualified auditors’ reports being issued. The financial statements of the Bank truly and objectively reflect the financial status and operating results of the Bank. The Board of Supervisors has not found any false records or material omissions.

(III) Related Party Transactions

During the Reporting Period, the procedures for reviewing, voting, disclosing, and performing of related party transactions of the Bank were in compliance with laws and regulations. No violation of the principle of fairness nor any damage to the interests of shareholders and the Bank was found.

(IV) Implementation of Resolutions Approved in Shareholders’ General Meetings

During the Reporting Period, the Board of Supervisors supervised the implementation of the resolutions of general meetings and considered that the Board of Directors and the management of the Bank seriously implemented the resolutions approved in general meetings.

(V) Performance of Duties of the Board of Directors and Senior Management Concerning Capital Management

During the Reporting Period, the Board and senior management of the Bank were proactive in capital management, taking various measures to continuously replenish its capital externally and strictly assessing the use of capital internally, with the relevant regulatory indicators for capital management meeting the regulatory requirements.

The above report is hereby presented for Shareholders’ consideration.

– 28 – APPENDIX III 2020 PERFORMANCE EVALUATION REPORT ON BOARD OF DIRECTORS AND BOARD OF SUPERVISORS AND SENIOR MANAGEMENT AND THEIR MEMBERS

2020 PERFORMANCE EVALUATION REPORT ON BOARD OF DIRECTORS AND BOARD OF SUPERVISORS AND SENIOR MANAGEMENT AND THEIR MEMBERS

Dear Shareholders,

The Board of Supervisors has conducted the 2020 annual evaluation on performance of the Board of Directors, the Board of Supervisors and the Senior Management and their members in accordance with relevant regulations. The personnel who were subject to this performance evaluation were the Directors, Supervisors and senior management who were in office by the end of 2020. The evaluation results are set out below:

I. COMPREHENSIVE EVALUATION ON THE PERFORMANCE OF THE BOARD OF DIRECTORS AND THE DIRECTORS

In 2020, the Board of Directors upheld the prudent and stable operation philosophy, gave full play to the decision-making function of the Board of Directors, strengthened strategic leadership, promoted its transformation and development, strengthened capital, risk and compliance management, and accepted the supervision by the Board of Supervisors, provided support for the management team to effectively implement various transformation and development measures, which contributed immeasurably to the achievement of the objectives and tasks of the Bank for 2020. Firstly, the decision-making level of the Board of Directors was further improved. In making decisions, the Board of Directors took into full consideration of the current macroeconomic situation, industry development trends, the social and economic environment in Guizhou and the actual situation of the Bank of Guizhou, which was prospective and maneuverable. Secondly, the Board of Directors’ risk control capability was further enhanced. The Board of Directors’ analysis and judgment for risk management had always been scientific and sensible and they always stayed alert and kept foreseeing future situation. They paid attention to liquidity risk, compliance risk, credit risk and off-balance sheet risk. Thirdly, the strategic leadership role of the Board of Directors was significantly enhanced. The Board of Directors guided the management to carry out a comprehensive and in-depth strategic transformation, and promoted the Bank’s transformation towards serving the real economy, being empowered by technology and being customer-centric through various aspects such as performance assessment mechanism, business mechanism, management system, and organizational structure. Fourthly, the Board of Directors achieved remarkable results in corporate governance and management. The working mechanism, under which the Board of Directors, the Board of Supervisors and the senior management and their members operated independently, checked and balanced effectively, cooperated and coordinated, functioned well. The remuneration system of the Bank was rebuilt and a more competitive and incentive remuneration mechanism was established. The construction of second level branch subordinated to the head office and sub-branch network was further improved, making the Bank’s organizational structure more efficient and flexible.

– 29 – APPENDIX III 2020 PERFORMANCE EVALUATION REPORT ON BOARD OF DIRECTORS AND BOARD OF SUPERVISORS AND SENIOR MANAGEMENT AND THEIR MEMBERS

In 2020, all Directors of the Bank performed their rights and obligations under the Articles of Association in a diligent, professional and efficient manner. They actively attended meetings, provided review opinions, guided the senior management to effectively perform their management duties, safeguarded the rights and interests of shareholders, promoted the orderly proceeding of the work by the Board of Directors effectively, and contributed with their wisdom and strength to the successful completion of the objectives. The Board of Supervisors was not aware of any director who had leaked the Bank’s secrets, or sought for improper interests for himself/herself or others by taking advantage of his/her position, or harmed the interests of the Bank and the shareholders, or otherwise violated laws, regulations and the Articles of Association. The Board of Supervisors’ conclusion on evaluation on the performance of the Directors in 2020: the nine Directors including LI Zhiming, XU An, GONG Taotao, WANG Gefan, LU Lin, TANG Xin, LI Shoubing, LAW Cheuk Kin Stephen and SONG Ke were all considered competent.

II. COMPREHENSIVE EVALUATION ON THE PERFORMANCE OF THE BOARD OF SUPERVISORS AND THE SUPERVISORS

In 2020, the Board of Supervisors consisted of nine Supervisors, with two professional committees thereunder, i.e., the supervisory committee and the nomination, remuneration and appraisal committee. In accordance with relevant requirements, the Board of Supervisors performed its duties with due diligence, focused on supervising the performance of the Board of Directors, the senior management and their members, and carried out their work emphatically around the supervision over major financial activities, internal control and risk management, ensured the stable and healthy development of the Bank and the legal rights and interests of the shareholders, employees, creditors and other stakeholders. Firstly, its performance supervision was continuously strengthened. The Board of Supervisors gave full play to its performance supervision function, and continuously promoted the scientific decision-making of the Board of Directors, stable and healthy operation of the management, and promoted the standard performance of duties of Directors, Supervisors and senior management through various methods such as performance evaluation, attending meetings, collecting operating data and on-site interviews. Secondly, financial supervision was deepened continuously. The Board of Supervisors supervised the Bank’s annual operating plan, financial budget and final accounts plan, profit distribution plan and other major financial decision-making matters by organizing topic consideration and special supervision, and continued to supervise the legal compliance of large-scale procurement, strict implementation of financial system and the optimization of management of liquidity. Thirdly, risk supervision was continuously strengthened. The Board of Supervisors took major risk events in the industry as the vane, focused on supervision over and alerts of hidden risks, took problems identified in its daily supervision work as main clue and disclosed prospectively the hidden risks of the Bank, and urged relevant departments to prevent and resolve them in advance. Fourthly, internal control and supervision continued to be cemented. The Board of Supervisors urged the Bank to continuously improve its code of conduct for carrying out of business, to attach to the internal management with scientificity and efficiency, and give full play to the role of the “three lines of defense”, to minimize violations of laws and disciplines by internal management personnel and reduce risks in the course of business development.

– 30 – APPENDIX III 2020 PERFORMANCE EVALUATION REPORT ON BOARD OF DIRECTORS AND BOARD OF SUPERVISORS AND SENIOR MANAGEMENT AND THEIR MEMBERS

In 2020, all supervisors strictly abided by relevant laws and regulations and the Articles of Association, performed their duties with due diligence, discharged their supervision functions independently and objectively, and fulfilled its obligations earnestly and painstakingly. The Board of Supervisors was not aware of any Supervisor who had sought for illegal benefits for himself/ herself or others by taking advantages of his/her position, or interfered with the management’s operation activities, or leaked commercial secrets related to the Bank or concealed problems discovered, or caused major losses to the Bank, or other acts that violated fiduciary duties. The Board of Supervisors’ conclusion on evaluation on the performance of the Supervisors in 2020: the nine Supervisors including XIAO Cifa, LIU Hanmin, SU Zhi, CHEN Houyi, YANG Jian, CHEN Hongcai, XU Yu, LI Keyong and WANG Changyi were all considered competent.

III. COMPREHENSIVE EVALUATION ON THE PERFORMANCE OF THE SENIOR MANAGEMENT AND ITS MEMBERS

In 2020, the senior management of the Bank consisted of seven members. The senior management was capable of earnestly implementing the strategies and decisions of the Board of Directors, accepting the supervision of the Board of Supervisors, constantly increasing their effort in working and accelerating the business transformation in addition to successful completion of the annual business objectives assigned by the Board of Directors, which effectively improved the risk management level, perfected the internal control system, and played an active and significant role in the corporate governance and operating management, thereby leveling up the comprehensive benefit and brand influence of the Bank. Excellent results were achieved in all aspects, and the businesses of the Company developed in sound trend. Firstly, the operating capacity was improved steadily. The objectives for total assets, loan balances and deposit balances which were set at the beginning of the year have all been achieved in a satisfactory manner and the growth in such three indicators was higher than the average level of the financial institutions across the province. Secondly, the influence of the Bank continued to expand. The regulatory rating by the CBIRC and the rating by the People’s Bank of China for the Bank maintained at the highest level among the corporate banks in the province. The Bank successfully established itself into an Equator Bank, won the honour of “2018 – 2020 Provincial Civilized Unit” in the province, and was ranked among the “2020 Top 500 Service Industry Enterprises in China” for the first time. Thirdly, significant results were achieved in business transformation. The transformation of corporate business towards “supporting the real economy” was at a fast pace, the transformation of retail business towards “inclusive finance” was effective and the transformation of financial market business towards “value creation” achieved good benefits. Fourthly, the internal management capability was improved continuously. New Capital Accord project was implemented effectively, the level of comprehensive risk management was significantly levelled up, obvious results were realized for the rural banks to be delisted from high-risk rural banks list, and the overall quality of assets was stable but improving.

– 31 – APPENDIX III 2020 PERFORMANCE EVALUATION REPORT ON BOARD OF DIRECTORS AND BOARD OF SUPERVISORS AND SENIOR MANAGEMENT AND THEIR MEMBERS

The senior management members gave priority to the interests of all Shareholders and the overall interests of the Bank, followed closely to the financial guidelines, policies and regulatory requirements of the country and abided strictly by relevant provisions of laws, regulations and the Articles of Association. The senior management members discharged their duties in a dedicated and diligent manner, and successfully completed the business tasks assigned by the general meeting and the Board of Directors. All senior management members truthfully reported their respective relevant information and related party relationship to the regulatory authorities and the Board of Directors and the Board of Supervisors, and the Board of Supervisors was not aware of any senior management member who violated the fiduciary duties as stipulated under laws and regulations and the Articles of Association, or sought for personal benefits by taking advantages of his/her position and authority in the Bank, or harmed the interests of the Bank and the Shareholders. The Board of Supervisors’ conclusion on evaluation on the performance of the senior management members in 2020: the seven senior management members, XU An, LI Tao, CHAI Bailin, HU Liangpin, WU Fan, ZHOU Guichang and WANG Xiangdong were all considered competent.

The above report is hereby presented for Shareholders’ consideration.

– 32 – APPENDIX IV COMPARISON TABLE OF AMENDMENTS TO THE RULES OF PROCEDURE OF THE BOARD OF DIRECTORS OF BANK OF GUIZHOU CO., LTD.

COMPARISON TABLE OF AMENDMENTS TO THE RULES OF PROCEDURE OF THE BOARD OF DIRECTORS OF BANK OF GUIZHOU CO., LTD.

Notes:

1. In the table below, “shares” shall mean deletion, while “shares” shall mean new content;

2. Adjustments to the format are not shown in the table below;

3. Due to the addition of articles, the numbering of the Rules of Procedure of the Board of Directors was adjusted accordingly.

Original Articles Articles after Amendments Basis of Amendments Article 3 The Board’s exercise of its functions Amended according to the Notice on the Issuance and powers shall be under the leadership of the of the List of Matters to be Studied and Discussed Communist Party Committee of the Bank of by the Party Committees of State-owned Guizhou Co., Ltd. (hereinafter referred to as Enterprises in Guizhou Province and the Rules the Party Committee). The Party Committee of Procedure of the Party Committee, the Board shall conduct prepositive procedures on material of Directors and the General Manager’s Office matters before the Board decides on that. (Model Text) (Qian Guo Qi Dang Jian Ban Tong Material matters in relation to the operation and [2020] No.9). management must be studied and discussed by the Party Committee first before the Board makes decision on that. Article 8 The following matters must be studied Amended according to the Notice on the Issuance beforehand by the Party Committee of the Bank: of the List of Matters to be Studied and Discussed by the Party Committees of State-owned (I) Thorough implementation of the decisions Enterprises in Guizhou Province and the Rules and deployments of the Party Central of Procedure of the Party Committee, the Board Committee and important measures of of Directors and the General Manager’s Office national development strategies; (Model Text) (Qian Guo Qi Dang Jian Ban Tong [2020] No.9). (II) The development strategies, mid to long term development plans and important reform proposals of the Bank;

1. the formulation of (amendment to) the development strategies of the Bank and the mid to long term development plans of the Bank;

2. the formulation of (amendment to) the production and operation policies of the Bank;

3. the formulation of (amendment to) the reform and development plans of the Bank;

4. the approval and change, function defining, classification and adjustment of the principal businesses of the Bank.

– 33 – APPENDIX IV COMPARISON TABLE OF AMENDMENTS TO THE RULES OF PROCEDURE OF THE BOARD OF DIRECTORS OF BANK OF GUIZHOU CO., LTD.

Original Articles Articles after Amendments Basis of Amendments (III) Principle and directional matters in respect of the asset restructuring, asset transfer, capital operation and significant investment of the Bank:

1. major asset restructuring, merger, division, dissolution, acquisition, reform of joint-stock system, listing, liquidation, bankruptcy or change of corporation form of the Bank;

2. increase and decrease in the registered capital (share capital);

3. written-off of major asset losses, approval or record of asset appraisal, major asset disposal, change of state-owned property right, etc.;

4. proposals regarding major operation, investment and financing, guarantee, cooperate bond issuance;

5. financial derivative businesses, such as options, futures;

6. incorporation of overseas companies;

7. mobilization and use of large value funds within annual budget, extrabudgetary funds and operation of other large value funds;

8. profit allocation plan and loss recovery and other significant matters;

9. introduction of key equipment and technology, bulk purchase of goods and services, major construction projects;

10. research and judgement of material risks, precaution and other matters of the Bank.

– 34 – APPENDIX IV COMPARISON TABLE OF AMENDMENTS TO THE RULES OF PROCEDURE OF THE BOARD OF DIRECTORS OF BANK OF GUIZHOU CO., LTD.

Original Articles Articles after Amendments Basis of Amendments (IV) the establishment and adjustment of the Bank’s organizational structure, and the formulation and modification of important rules and regulations:

1. the establishment and adjustment of the Bank’s organizational structure;

2. the establishment and adjustment of the Bank’s internal organizations;

3. the formulation of (amendment to) the Articles of Association, basic systems and other important rules and regulations of the Bank.

(V) Major issues concerning the Bank’s employees’ rights and interests, social responsibility, etc.:

1. major issues concerning the performance appraisal and remuneration allocation plan for cadres and staff within the scope of authority of the Bank, the design and adjustment and optimization of the professional official rank system, as well as the major personal interests of employees;

2. major issues concerning environmental protection, stable employment, and donations and sponsorships.

(VI) Other significant matters which shall be studied and discussed by the Party Committee.

1. the Bank’s payment of state-owned capital gains;

2. the Bank’s total remuneration budget;

3. the annual financial budget and final account plans and operation plan, objectives and tasks;

4. other significant matters which shall be studied and discussed by the Party Committee beforehand.

– 35 – APPENDIX IV COMPARISON TABLE OF AMENDMENTS TO THE RULES OF PROCEDURE OF THE BOARD OF DIRECTORS OF BANK OF GUIZHOU CO., LTD.

Original Articles Articles after Amendments Basis of Amendments Article 9 The Board shall exercise the following Article 9 The Board shall exercise the following Amended according to the Notice on the Issuance functions and powers: functions and powers: of the List of Matters to be Studied and Discussed by the Party Committees of State-owned (I) convening Shareholders’ general meetings (I) convening Shareholders’ general meetings Enterprises in Guizhou Province and the Rules and reporting its performance at the and reporting its performance at the of Procedure of the Party Committee, the Board Shareholders’ general meetings; Shareholders’ general meetings; of Directors and the General Manager’s Office (Model Text) (Qian Guo Qi Dang Jian Ban Tong (II) implementing resolutions of the (II) implementing resolutions of the [2020] No.9). Shareholders’ general meetings; Shareholders’ general meetings;

(III) determining the Bank’s business (III) formulating the Bank’s annual financing development strategies, business plans and and investment plans, determining the investment plans; Bank’s business development strategies, business plans and investment plans; (IV) formulating annual financial budget plans, final account plans, profit distribution plans (IV) formulating annual employee remuneration and loss recovery plans of the Bank; budget plan, financial budget plans, final account plans, profit distribution plans and (V) formulating proposals for the Bank’s loss recovery plans of the Bank; increase in or reduction of registered capital and issuance of corporate bonds or other (V) formulating proposals for the Bank’s securities and the listing; increase in or reduction of registered capital and issuance of corporate bonds or other (VI) formulating proposals for the Bank’s major securities and listing; asset transfer and alienation, repurchase of the Bank’s shares or merger, division and (VI) formulating proposals for the Bank’s major dissolution and change of corporation form asset transfer and alienation, repurchase of of the Bank; the Bank’s shares or merger, division and dissolution and change of corporation form (VII) determining the external investment, asset of the Bank; acquisitions and disposals, asset pledge, external guarantees, entrusted wealth (VII) determining the external investment, asset management, related party transactions and acquisitions and disposals, asset pledge, other matters of the Bank according to the external guarantees, entrusted wealth provisions of the Articles of Association of management, related party transactions and the Bank or within the scope authorized by other matters of the Bank according to the the Shareholders’ general meeting; provisions of the Articles of Association of the Bank or within the scope authorized by the Shareholders’ general meeting;

– 36 – APPENDIX IV COMPARISON TABLE OF AMENDMENTS TO THE RULES OF PROCEDURE OF THE BOARD OF DIRECTORS OF BANK OF GUIZHOU CO., LTD.

Original Articles Articles after Amendments Basis of Amendments (VIII) determining the establishment of the (VIII) determining the establishment of the Bank’s branches and internal management Bank’s branches and internal management departments; departments;

(IX) appointing or removing the President of (IX) appointing or removing the President of the Bank and the secretary to the Board the Bank and the secretary to the Board of Directors according to the nominations of Directors according to the nominations of the Chairman of the Board; appointing of the Chairman of the Board; appointing or removing the Vice President, the or removing the Vice President, the chief financial officer of the Bank and chief financial officer of the Bank and other senior management who should be other senior management who should be appointed or removed by the Board as appointed or removed by the Board as required by relevant laws, regulations or the required by relevant laws, regulations or the provisions of the Articles of Association provisions of the Articles of Association of the Bank according to the nominations of the Bank according to the nominations of the President, and to determine their of the President, and to determine their remuneration, rewards and punishments; remuneration, rewards and punishments;

(X) assessing and evaluating the performance (X) assessing and evaluating the performance of the Director’ duties and reporting to the of the Director’ duties and reporting to the Shareholders’ general meeting; Shareholders’ general meeting;

(XI) determining the Bank’s risk management (XI) determining the Bank’s risk management and internal control policies, to formulate and internal control policies, to formulate the Bank’s basic management system; the Bank’s basic management system;

(XII) formulating modifications to the Articles of (XII) formulating modifications to the Articles of Association of the Bank; Association of the Bank;

(XIII) establishing the Bank’s information (XIII) establishing the Bank’s information disclosure system, to manage the disclosure system, to manage the information disclosure matters of the Bank; information disclosure matters of the Bank;

(XIV) proposing at a Shareholders’ general (XIV) proposing at a Shareholders’ general meeting to appoint or replace the accounting meeting to appoint or replace the accounting firm which undertakes auditing work for the firm which undertakes auditing work for the Bank; Bank;

(XV) listening to the President’s work reports and (XV) listening to the President’s work reports and to examine his/her work; to examine his/her work;

(XVI) other functions and powers stipulated by (XVI) formulating plans for the company laws and regulations and the Articles of registration abroad (overseas) of the Association of the Bank and authorized by Bank; the Shareholders’ general meetings. (XVII) other functions and powers stipulated by laws and regulations and the Articles of Association of the Bank and authorized by the Shareholders’ general meetings.

– 37 – APPENDIX IV COMPARISON TABLE OF AMENDMENTS TO THE RULES OF PROCEDURE OF THE BOARD OF DIRECTORS OF BANK OF GUIZHOU CO., LTD.

Original Articles Articles after Amendments Basis of Amendments Article 21 A Board meeting shall be attended by Article 21 A Board meeting shall be attended by Amended according to the Notice on the Issuance more than half of the Directors. Where any relevant more than half of the Directors. Where any relevant of the List of Matters to be Studied and Discussed Director refuses or fails to attend the meeting so that Director refuses or fails to attend the meeting so that by the Party Committees of State-owned the number of attendees falls short of the quorum the number of attendees falls short of the quorum Enterprises in Guizhou Province and the Rules required for convening the meeting, the Chairman of required for convening the meeting, the Chairman of of Procedure of the Party Committee, the Board the Board and the secretary to the Board shall report the Board and the secretary to the Board shall report of Directors and the General Manager’s Office to the regulatory authorities in a timely manner. to the regulatory authorities in a timely manner. (Model Text) (Qian Guo Qi Dang Jian Ban Tong [2020] No.9). The Supervisors may attend the Board meeting; The Supervisors and members of leading team the President and the secretary to the Board shall may attend the Board meeting; the President and attend the Board meeting, provided that they do not the secretary to the Board shall attend the Board concurrently hold the post of Director. The presider, meeting, provided that they do not concurrently hold if he/she considers it necessary, can inform other the post of Director. The presider, if he/she considers relevant personnel to attend the Board meeting. it necessary, can inform other relevant personnel to attend the Board meeting.

The main duties of Supervisors who attend the Board meeting are to supervise the Board on whether the Board resolves in accordance with the Articles of Association of the Bank and through legitimate procedures, and listen to the proceedings of the meeting, but they shall not participate in the voting of the meeting. The Supervisors may make inquiries or suggestions in relation to the resolutions of the Board meeting; the Supervisors who have opposition to the resolutions of the Board may, through the Board of Supervisors after the meeting, submit their comments to the Board in writing. Article 22 When the Board meeting discusses Amended according to the Notice on the Issuance and decides on the issues in relation to the Bank’s of the List of Matters to be Studied and Discussed major reforms, staff wages, welfare, safety by the Party Committees of State-owned production and labor protection, labor insurance, Enterprises in Guizhou Province and the Rules housing and other issues concerning immediate of Procedure of the Party Committee, the Board interests of the employees, it shall seek opinions of Directors and the General Manager’s Office from the labor union of the Bank in advance and (Model Text) (Qian Guo Qi Dang Jian Ban Tong invite representatives of the labor union to attend [2020] No.9). the meeting.

– 38 – APPENDIX IV COMPARISON TABLE OF AMENDMENTS TO THE RULES OF PROCEDURE OF THE BOARD OF DIRECTORS OF BANK OF GUIZHOU CO., LTD.

Original Articles Articles after Amendments Basis of Amendments Article 30 Voting at Board meetings shall be Article 30 Voting at Board meetings shall be Amended according to the actual circumstances of conducted as per “one person, one vote” system conducted as per “one person, one vote” system the Bank. and may be conducted by conference (including and may be conducted by conference (including video conference and telephone conference) or by video conference and telephone conference) or by correspondence. correspondence.

Where the credit balance of a shareholder (substantial In case of voting by correspondence, signature shareholder in particular) at the Bank is overdue, pages of resolutions and votes shall be respectively the voting rights of the Directors nominated by him/ signed by Directors and scanned copies of them her at Board meetings shall be restricted. If any shall be delivered to the Board office by email, Shareholder pledges over 50% (inclusive) of his/her fax or other form of correspondence. Voting equity in the Bank, the voting rights of the Directors time shall be the time when the signature pages nominated by him/her at Board meetings shall be of the resolutions and the votes were signed by restricted. Directors. Meeting minutes need not be taken where voting by correspondence. Interim Board meetings may be convened by means of communications, with the resolutions to be Where the credit balance of a shareholder (substantial signed by the attending Directors, provided that the shareholder in particular) at the Bank is overdue, Directors fully express their opinions. the voting rights of the Directors nominated by him/ her at Board meetings shall be restricted. If any Shareholder pledges over 50% (inclusive) of his/her equity in the Bank, the voting rights of the Directors nominated by him/her at Board meetings shall be restricted.

Interim Board meetings may be convened by means of communications, with the resolutions to be signed by the attending Directors, provided that the Directors fully express their opinions. Article 49 The decisions, resolutions and meeting Article 49 The decisions, resolutions and Amended according to the relevant regulatory minutes of the Board shall be submitted to the meeting minutes of the Board shall be submitted requirements. banking regulatory authorities for archiving within to the banking regulatory authorities for archiving ten days after conclusion of the meeting. on time according to the relevant regulatory requirements.

– 39 – APPENDIX V BIOGRAPHICAL DETAILS OF DIRECTOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF DIRECTORS

Mr. YANG Mingshang (楊明尚), born in November 1965, is proposed to be appointed as the executive director of the Bank. Mr. Yang Mingshang has successively served as the member of the inspection office and general office in Agricultural Bank of China Guizhou Branch from July 1994 to February 1997; member of the office of legal counsel in Agricultural Bank of China Guizhou Branch from February 1997 to July 1997; deputy chief of industrial and commercial credit division in Agricultural Bank of China Guizhou Branch from July 1997 to November 1998; deputy chief of asset preservation division in Agricultural Bank of China Guizhou Branch from November 1998 to March 2000; chief of credit management division and chief of corporate business division in Agricultural Bank of China Guizhou Branch from March 2000 to June 2003; and chief of personal business division in Agricultural Bank of China Guizhou Branch from June 2003 to January 2004; the secretary of the party committee and the president in Agricultural Bank of China Guizhou Anshun Sub-branch from January 2004 to June 2004, a member of party committee and a vice president in Agricultural Bank of China Guizhou Branch from June 2004 to May 2014; the deputy secretary of the Party Committee, director and president of the Bank from May 2014 to December 2017; the deputy secretary of the party committee, vice chairman of the board and general manager in Guizhou Financial Holding Group Co., Ltd. (Guizhou Guimin Investment Group Co., Ltd.) (貴州金融控股集團有限責任公司(貴州貴民投資集團有限責任公司)) from December 2017 to March 2021. Mr. Yang has served as a non-executive director of the Bank from August 2018 to March 2020, and a secretary of the Party Committee of the Bank since March 2021.

Mr. Yang Mingshang graduated from Wuhan University (武漢大學) with a bachelor’s degree in philosophy in June 1988 and from Xiamen University (廈門大學) with a master’s degree in civil law in July 1994. Mr. Yang Mingshang has the title of economist.

Mr. XU An (許安), born in June 1963, is proposed to be appointed as the executive director of the Bank. Mr. Xu An successively engaged in depositing and accounting work in the PBOC Pingba Sub-branch from December 1980 to July 1983. Mr. Xu An studied in Guizhou Radio & TV University from July 1983 to July 1986. He successively served in several positions in Industrial and Commercial Bank of China (中國工商銀行) (“ICBC”) Anshun Central Sub-branch, including auditor from July 1986 to August 1992; deputy director of business department from August 1992 to May 1995; manager of international business department from May 1995 to August 1996; director of business department and manager of international business department from August 1996 to February 1998; the secretary of the Party committee and the president in ICBC Anshun Sub-branch from February 1998 to April 1999; the secretary of the Party committee and the president in ICBC Anshun Tashan Sub-branch from April 1999 to September 1999; the chief of industrial and commercial credit division in ICBC Anshun Branch from October 1999 to May 2002. He served as the deputy secretary of the Party committee, vice chairman of the board and general manager in Anshun Urban Credit Cooperative (安順市城市信用社) from May 2002 to February 2009, and secretary of the Party committee and chairman of the board in Anshun City Commercial Bank (安順市商業銀行) from February 2009 to September 2012. Mr. Xu An was a member of the Party Committee and Vice President of our Bank from September 2012 to December 2017; and has been the Deputy Secretary of the Party Committee and President of our Bank since January 2018, and executive Director of our Bank since August 2018.

– 40 – APPENDIX V BIOGRAPHICAL DETAILS OF DIRECTOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF DIRECTORS

Mr. Xu An studied at and graduated from Guizhou Radio & TV University (貴州廣播電視大學) majoring in finance, from Guizhou College of Finance and Economics (貴州財經學院) (now known as Guizhou University of Finance and Economics (貴州財經大學)) with a bachelor’s degree in finance in July 1997 and from University of International Business and Economics (對外經濟貿易大學) with an Executive Master of Business Administration (EMBA) degree in December 2012.

Mr. CAI Dong (蔡東), born in September 1966, is proposed to be appointed as the executive director of the Bank. Mr. Cai Dong has successively served as the technician of the inspection institute of Product Quality Supervision Center in Guizhou Province (貴州省產品質量監督中心) from August 1986 to December 1987 (during which, he joined the provincial poverty alleviation team to the Farming Zone in Weining County, Guizhou Province from January 1987 to December 1987); staff of human resource office of Quality and Technology Supervision Bureau of Guizhou Province (貴州省質量技術監督局) from December 1987 to December 1996; deputy director of the inspection institute of Product Quality Supervision Center in Guizhou Province from December 1996 to December 2000; deputy director of personnel and education division of Quality and Technology Supervision Bureau of Guizhou Province from December 2000 to May 2002; director of personnel and education division of Quality and Technology Supervision Bureau of Guizhou Province from May 2002 to December 2006; party member and secretary of the Party committee of Guizhou Administration for Industry and Commerce (貴州省工商行政管理局) from December 2006 to August 2018 (during which, he took a temporary post as the deputy director of Direct Selling Supervision Bureau of State Administration for Industry and Commerce (國家工商總局直銷監管局) from February 2013 to January 2014); deputy secretary of the Party Committee and secretary of the Party Committee of the Bank from August 2018 to October 2018; and deputy secretary of the Party Committee, chairman of the labor union and secretary of the Party Committee of the Bank from October 2018 to November 2019. He has served as deputy secretary of the Party Committee and chairman of the labor union of the Bank since November 2019.

Mr. Cai Dong graduated from Commercial School of Guizhou Province (貴州省商業學校) in July 1986, majoring in household appliances; studied in Guizhou Radio & TV University (貴州廣播電視大學) from September 1991 to July 1993, majoring in administrative management; studied the course of Advanced Training of Managerial Economic of Guizhou Province in Peking University (北京大學貴州省經濟管理高級研修班) from October 2003 to December 2003; studied in junior cadre training class of Party School of the Guizhou Provincial Committee (貴州省委黨校) from March 2006 to May 2006; studied in Party School of the Guizhou Provincial Committee from September 1999 to June 2002, majoring in law; and studied in on-job postgraduate class of Party School of the Guizhou Provincial Committee from September 2008 to June 2011, majoring in law. Mr. Cai Dong has the title of engineer.

– 41 – APPENDIX V BIOGRAPHICAL DETAILS OF DIRECTOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF DIRECTORS

Mr. CHEN Jingde (陳景德), born in December 1969, is proposed to be appointed as the non-executive director of the Bank. Mr Chen Jingde has successively served as a clerk, a deputy director, the director of the agricultural finance department of the Guizhou Provincial Finance Bureau (貴州省財政廳農業財務處) from July 1992 to August 2004; a deputy director of the agricultural taxation department of the Guizhou Provincial Finance Bureau (貴州省財政廳農業稅收處) from August 2004 to December 2005 (during which, from June 2005 to May 2006, he participated in the Provincial Party Building Poverty Alleviation Work Team, and took a temporary post as the assistant to the head of Houchang Township, Puding County, Anshun); a deputy director and the director of grass-root finance management department of Guizhou Provincial Finance Bureau (貴州省財政廳基層財政管理處) from December 2005 to November 2014; the director of agricultural department of Guizhou Provincial Finance Bureau from November 2014 to March 2019; a member of the Party committee, a director and the deputy general manager in Guizhou Financial Holding Group Co., Ltd. (Guizhou Guimin Investment Group Co., Ltd.) since March 2019.

Mr. Chen Jingde graduated from the department of agricultural economics of Jiangxi University of Finance and Economics (江西財經學院) in July 1992, majoring in specialization of agricultural finance, and obtained a bachelor’s degree. From September 2003 to July 2005, he had been studying at the postgraduate course in the School of Finance of the Central University of Finance and Economics (中央財經大學) (via correspondence). From September 2012 to June 2015, he graduated from Party School of Guizhou Provincial Committee of the Communist Party of China with a postgraduate degree in Economics and obtained a postgraduate degree of the provincial Party School.

Mr. CHEN Hanqing (陳含青), born in February 1984, is proposed to be appointed as the non-executive director of the Bank. Mr. Chen successively worked as an intern in the budget department, comprehensive department and payment centre of the Guizhou Provincial Finance Bureau from December 2007 to December 2008; and served as a clerk of the Guizhou Provincial Finance Bureau from December 2008 to June 2009; a clerk (grade 25 civil servant) of the Guizhou Provincial Treasury Payment Centre from June 2009 to April 2010; a clerk of the non-tax revenue management department of the Guizhou Provincial Finance Bureau (payment centre with permanent establishment) from April 2010 to February 2012; a deputy director of the non-tax revenue management department of the Guizhou Provincial Finance Bureau (payment centre with permanent establishment) from February 2012 to August 2013; a deputy director of the budget department of the Guizhou Provincial Finance Bureau from August 2013 to May 2014. He worked in the finance department of Guizhou Guimin Investment Co., Ltd. (貴州省貴民投資有限責任公司) from May 2014 to June 2014; and served as the business executive of the finance department of Guizhou Guimin Investment Co., Ltd. from June 2014 to July 2014; the business executive of the finance department of Guizhou Guimin Investment Co., Ltd. and the director of Guizhou Guixin Ruihe Venture Capital Management Co., Ltd.(貴州省貴鑫瑞和創業投資管理有限責任公司) from July 2014 to July 2015; the business executive of the finance department of Guizhou Guimin Investment Co., Ltd. (renamed as Guizhou Guimin Development Investment Co., Ltd. (貴州省貴民發展投資有限責任公司) in December 2016), the director of Guizhou Guixin Ruihe Venture Capital Management Co., Ltd. and the director of Qianxinan Venture Capital Fund Co., Ltd. (黔西南州創業投資基金有限公司) from July 2015

– 42 – APPENDIX V BIOGRAPHICAL DETAILS OF DIRECTOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF DIRECTORS to January 2017; the head of the finance department of Guizhou Guimin Investment Group Co., Ltd. (貴州省貴民投資集團有限責任公司) (renamed as Guizhou Financial Holding Group Co., Ltd. (Guizhou Guimin Investment Group Co., Ltd.) (貴州金融控股集團有限責任公司（貴州貴民投資集團有限責任公司)) in January 2018), the director of Guizhou Guixin Ruihe Venture Capital Management Co., Ltd. and the director of Qianxinan Venture Capital Fund Co., Ltd. from January 2017 to September 2018; the head of the finance department of Guizhou Financial Holding Group Co., Ltd. (Guizhou Guimin Investment Group Co., Ltd.), the director of Guizhou Guixin Ruihe Venture Capital Management Co., Ltd. and the director of Qianxinan Venture Capital Fund Co., Ltd. from September 2018 to February 2019; the head of the finance department of Guizhou Financial Holding Group Co., Ltd. (Guizhou Guimin Investment Group Co., Ltd.) and the director of Qianxinan Venture Capital Fund Co., Ltd. from February 2019 to March 2019; the deputy head of the finance department of Guizhou Financial Holding Group Co., Ltd. (Guizhou Guimin Investment Group Co., Ltd.) and the director of Qianxinan Venture Capital Fund Co., Ltd. since March 2019 (served as deputy director of the Finance and Economics Committee of Changshun County Committee of Qiannan Prefecture and a member of the Party Group of the County People’s Government (temporary position) since June 2020).

Mr. Chen Hanqing graduated from Jiangxi University of Finance and Economics in July 2006 with a bachelor’s degree in accounting for specialization of certified public accountants, and graduated from Guizhou University in July 2012 with a master’s degree in business administration. Mr. Chen Hanqing has obtained the fund practice qualification and is a senior accountant, an associate constructor and an economist.

Mr. CHEN Hua (陳華), born in November 1972, is proposed to be appointed as the non-executive director of the Bank. Mr. Chen Hua served as an accountant in the Finance Office of Kweichow Moutai Distillery (貴州茅臺酒廠) from September 1993 to April 2000; the deputy director (middle level (3)) of the Finance Department in Kweichow Moutai Co., Ltd. from April 2000 to April 2003, the shares of which are listed on the Shanghai Stock Exchange with the stock code of 600519; the deputy director of the Finance Department in Kweichow Moutai Co., Ltd. from April 2003 to May 2007; the deputy director of the Finance Department and the head of the Cost Management Office in Kweichow Moutai Co., Ltd. from May 2007 to July 2010; the deputy director of the Finance Department and the head of the Cost Management Office in Kweichow Moutai Co., Ltd., and the director of the Finance Department in Construction Headquarter of Moutai Circular Economy Technology Demonstration Park of China Kweichow Moutai Distillery (Group) Co., Ltd. (中國貴州茅臺酒廠(集團)有限責任公司茅臺循環經濟科技示範園建設指揮部) from July 2010 to March 2012; the head of the Audit Office in China Kweichow Moutai Distillery (Group) Co., Ltd. (中國貴州茅臺酒廠(集團)有限責任公司) and the director of the Audit Department in Kweichow Moutai Co., Ltd. from March 2012 to July 2014; the head of the Audit Office in China Kweichow Moutai Distillery (Group) Co., Ltd. (中國貴州茅臺酒廠(集團)有限責任公司), the director of the Audit Department in Kweichow Moutai Co., Ltd. and the Chairman (concurrently) of the Board of Supervisors in Beijing Friendship Emissary Trading Co., Ltd. (北京友誼使者商貿有限公司) from July 2014 to December 2015; the director of the Finance Department and a security affairs

– 43 – APPENDIX V BIOGRAPHICAL DETAILS OF DIRECTOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF DIRECTORS representative in Kweichow Moutai Co., Ltd. and the chairman (concurrently) of the board of supervisors in Beijing Friendship Emissary Trading Co., Ltd. (北京友誼使者商貿有限公司) from December 2015 to December 2017; the director of the Finance Department and a security affairs representative in Kweichow Moutai Co., Ltd. from December 2017 to November 2018; the director of the Finance Department and a security affairs representative of Kweichow Moutai Co., Ltd. and the team leader of a working group in Kweichow Moutai (Group) E-commerce Co., Ltd. (貴州茅臺集團電子商務股份有限公司) from November 2018 to July 2020; the team leader of a working group in Kweichow Moutai (Group) E-commerce Co., Ltd. (貴州茅臺集團電子商務股份有限公司) from July 2020 to August 2020; and has been serving as the head of the Finance Office in China Kweichow Moutai Distillery (Group) Co., Ltd. (中國貴州茅臺酒廠（集團）有限責任公司) since August 2020.

Mr. Chen Hua graduated from Guizhou Renmin University (貴州人民大學) as an accounting and auditing major in July 1993 with a bachelor’s degree; studied at Southwestern University of Finance and Economics (西南財經大學) as an EMBA major from April 2013 to December 2015. Mr. Chen Hua obtained the construction engineer qualification and the Certified Internal Auditor qualification.

Mr. WANG Xiaoyong (王曉勇), born in May 1968, is proposed to be appointed as the non-executive director of the Bank. Mr. Wang Xiaoyong has successively worked in the land section of the Planning Commission in Zunyi Area (遵義地區計劃委員會) from September 1990 to August 1996; served as the deputy director of the office, chief of the welfare-to-work section, the director of the office and the leader of the agro-ecological group (Western Development Office of the City) of the Planning Commission of Zunyi City (遵義市計劃委員會) from September 1996 to November 2004; the chief of the transportation and energy section of the Development and Reform Commission of Zunyi City, Guizhou Province (貴州省遵義市發展和改革委員會) from December 2004 to October 2007; the chief of the development and reform section of the Development and Reform Commission of Zunyi City, Guizhou Province from November 2007 to March 2009 (during which, he temporarily served as a member of the Standing Committee of the Yuqing County Committee of the CPC from December 2006 to December 2008); the chief supervisor of Zunyi Expressway Development and Investment Co., Ltd. (遵義高速公路開發投資有限公司) from April 2009 to March 2011; the chairman of the supervisory committee of Guizhou Zunyi Expressway Construction and Investment Co., Ltd. (貴州遵義高速公路建設投資有限公司) from April 2011 to January 2015; a member of the Party Committee and the chairman of the supervisory committee of Zunyi Transportation Construction and Investment (Group) Co., Ltd. (遵義交通建設投資（集團）有限公司) from February 2015 to May 2017; a member of the Party Committee and the chief supervisor of Zunyi Guarantee (Agricultural Credit Guarantee) Co., Ltd. (遵義市擔保（農業信貸擔保）有限責任公司) from June 2017 to August 2020; a member and the secretary of the Party Committee, a director and the chairman of CPC Zunyi City State-owned Assets Investment and Financing Management Co., Ltd. (中共遵義市國有資產投融資經營管理有限責任公司) since August 2020.

Mr. Wang Xiaoyong graduated from the Geography Department of Southwest China Normal University (西南師範大學) as a geography major in July 1990 with a bachelor’s degree in science.

– 44 – APPENDIX V BIOGRAPHICAL DETAILS OF DIRECTOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF DIRECTORS

Ms. GONG Taotao (龔濤濤), born in February 1973, is proposed to be appointed as the non-executive director of the Bank. Ms. Gong Taotao served successively as deputy manager of the financial department and manager of the audit department in Shenzhen Expressway Company Limited (深圳高速公路股份有限公司) (SEHK stock code: 0548; SSE stock code: 600548) from July 1999 to November 2002; and the finance director of Shenzhen Expressway Company Limited from November 2002 to September 2018, during which she has acted as executive director of the company from January 2018 to September 2018; the vice president of the company since September 2018; the secretary of the company’s board of directors and joint company secretary of the company since August 2019. Ms. Gong Taotao has been a non- executive Director of our Bank since November 2016.

Ms. Gong Taotao graduated from the Department of Accounting of Shanghai University of Finance and Economics, majoring in audit, and was conferred a bachelor’s degree in economics in July 1994; and she graduated from Fudan University, majoring in business administration, and was conferred an MBA degree in July 2000. Ms. Gong Taotao has CPA and CPV qualifications.

Mr. WANG Wencheng (王文成), born in October 1977, is proposed to be appointed as the non-executive director of the Bank. Mr Wang Wencheng has successively served as a publicity officer of the publicity and education department of Guizhou Salt Industry (Group) Co., Ltd. (貴州鹽業（集團）有限責任公司) from July 2002 to August 2002; organization officer and Cadre Officer of the organization and personnel department of Guizhou Salt Industry (Group) Co., Ltd. from August 2002 to July 2006 (during which, he was seconded to the organization department of Guizhou Provincial Party Committee from July 2003 to January 2005); deputy director of the Party committee office of Guizhou Salt Industry (Group) Co., Ltd. from July 2006 to July 2009; deputy director of the Party committee office and deputy director of the board office of Guizhou Salt Industry (Group) Co., Ltd. from July 2009 to May 2012; person presiding over work of the office of Guizhou Water Investment Co., Ltd. (貴州水投水務有限責任公司) from May 2012 to October 2012; deputy director of the Party-mass work department of Guizhou Water Conservancy Investment Group Co., Ltd. (貴州省水利投資（集團）有限責任公司) from October 2012 to December 2012; deputy director (presiding over work) of the Party-mass work department of Guizhou Water Conservancy Investment Group Co., Ltd. from December 2012 to April 2014; deputy director (presiding over work) of the Party-mass work department (Party committee office) of Guizhou Water Conservancy Investment Group Co., Ltd. from April 2014 to August 2014; director of the Party-mass work department (Party committee office) of Guizhou Water Conservancy Investment Group Co., Ltd. from August 2014 to January 2018; general manager and deputy secretary of the Party committee of Guizhou Water Investment Group Co., Ltd. from January 2018 to April 2018; and general manager, deputy secretary of the Party committee and vice chairman of Guizhou Water Investment Group Co., Ltd. from April 2018 to January 2021. He has served as the secretary of the Party committee, chairman and general manager of Guizhou Water Investment Group Co., Ltd. since January 2021.

Mr. Wang Wencheng graduated from Guizhou Normal University (貴州師範大學) majoring in ideological and political education in July 2002 with a bachelor’s degree.

– 45 – APPENDIX V BIOGRAPHICAL DETAILS OF DIRECTOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF DIRECTORS

Mr. ZHAO Yong (趙勇), born in May 1969, is proposed to be appointed as the non-executive director of the Bank. Mr. Zhao Yong worked in Xintian Precision and Optical Instrument Company Limited (新天精密光學儀器公司) from August 1991 to June 1995; served as the deputy manager of the information technology department of the Guizhou branch company, manager of the information technology department of the Sichuan branch company, manager of the information technology department of the Chengdu branch company, the general manager of the Panzhihua branch company and the general manager of the Guangyuan Center branch company of China Pacific Insurance (Group) Co., Ltd. (中國太平洋人壽保險股份有限公司) from January 1996 to April 2005; served as the preparatory office staff of the Deyang Center branch company of Taiping Insurance Co., Ltd. (太平保險股份有限公司) from April 2005 to December 2005; served as the deputy general manager of Deyang Center branch company of Taiping Insurance Co., Ltd. from December 2005 to October 2007; served as the preparatory office staff of the Guizhou branch company of Taiping Insurance Co., Ltd. from October 2007 to March 2008; served as the general manager of the marketing department and assistant general manager of the Guizhou branch company of Taiping Insurance Co., Ltd. (during which, he served the temporary position as the assistant general manager of Guizhou Expressway Group Company Limited (貴州高速公路集團有限公司) from January 2016 to January 2018) from March 2008 to March 2018; served as assistant to the general manager of Guizhou Expressway Group Company Limited from March 2018 to September 2018; the deputy secretary of the Party branch of Guizhou Transportation Investment and Management Co., Ltd. (presiding the overall work) (貴州交通投資管理有限公司) from September 2018 to May 2019; the secretary of the party branch of Guizhou Transportation Investment and Management Co., Ltd. since May 2019; a director and chairman of the board of Guizhou Transportation Investment and Management Co., Ltd. since June 2019; a director and chairman of the board of Guizhou Transportation Industry Development Fund Co., Ltd. (貴州交通產業發展基金有限責任公司) from June 2019 to September 2020; a director and general manager of Guizhou Transportation Industry Development Fund Co., Ltd. since September 2020.

Mr. Zhao Yong studied at the Department of Precision Instruments in Beijing Institute of Machinery (北京機械工業學院) from September 1987 to July 1991, majoring in precision instruments, and obtained his bachelor’s degree in engineering.

Mr. WANG Gefan (王革凡), born in June 1957, is proposed to be appointed as the independent non- executive director of the Bank. Mr. Wang Gefan has successively served as a vice director of International Finance Department of China Development Bank (“CDB”) in 1997; successively served as the president of Guizhou Branch of CDB, the director of Project Appraisal Department I and the director of Global Cooperation Department of CDB since 2002; served as the operating director of CDB from 2013 to 2017, during which he concurrently served as the director of International Finance Department. Mr. Wang Gefan has been an independent non-executive director of our Bank since August 2018.

Mr. Wang Gefan graduated from the School of Science of Kyoto University in Japan in July 1988, majoring in geology and mineralogy, and obtained a doctor’s degree.

– 46 – APPENDIX V BIOGRAPHICAL DETAILS OF DIRECTOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF DIRECTORS

Mr. TANG Xin (湯欣), born in September 1971, is proposed to be appointed as the independent non- executive director of the Bank. Mr. Tang Xin has successively conducted post-doctoral research in law major at Peking University Law School from July 1998 to June 2000 and has been teaching in Tsinghua University School of Law since 2000; was promoted to Associate Professor of Tsinghua University School of Law in February 2001, was promoted to Professor of Tsinghua University School of Law in January 2015 and served as the director of the Research Center of Commercial Law of Tsinghua University since January 2021. Mr. Tang has been a member of the listing committee of the SSE since August 2012, the head of the committee of independent directors of the China Association for Public Companies (中國上市公司協會) since September 2014, a supervisor of Beijing Rural Commercial Bank Co., Ltd. since 2015, an independent non-executive director of China Life Insurance Company Limited (SSE stock code: 601628) since March 2016, an independent director of Harvest Fund Management Co., Ltd.* (嘉實基金管理有限公司) since October 2017 and a member of the Legal Professional Advisory Committee of SZSE (深交所法律專業諮詢委員會) since December 2020. Mr. Tang Xin has been an independent non-executive director of our Bank since August 2018.

Mr. Tang Xin graduated and obtained his bachelor’s, master’s and doctor’s degree in economic law, civil law and civil law from Renmin University of China in June 1992, July 1995 and June 1998, respectively.

Mr. SONG Ke (宋科), born in April 1982, is proposed to be appointed as the independent non-executive director of the Bank. Mr. Song Ke has successively served as the secretary of the communist youth league committee of the School of Finance of Renmin University of China from July 2004 to September 2009; engaged in post-doctoral research in the School of Statistics of Renmin University of China from July 2012 to July 2015; served as a deputy head of International Monetary Institute of Renmin University of China since January 2014; served as a teacher of Department of Money and Finance of the School of Finance of Renmin University of China since September 2015; served as a deputy secretary of the Party committee of the School of Finance of Renmin University of China since April 2019. Mr. Song Ke has been an external supervisor of Bank of Zhengzhou Co., Ltd. (SEHK stock code: 6196; SZSE stock code: 002936) since May 2017; Mr. Song Ke has been an independent non-executive director of Zhejiang Yongan Rongtong Holdings Co., Ltd. (SEHK stock code: 8211) since December 2017 to September 2020; and an independent non-executive director of our Bank since August 2018.

Mr. Song Ke graduated as a bachelor of economics majoring in finance from the School of Finance of Renmin University of China in July 2004; and he graduated as the doctor of economics majoring in finance from the School of Finance of Renmin University of China in July 2012.

– 47 – APPENDIX V BIOGRAPHICAL DETAILS OF DIRECTOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF DIRECTORS

Mr. LAW Cheuk Kin Stephen (羅卓堅), born in November 1962, is proposed to be appointed as the independent non-executive director of the Bank. Mr. Law Cheuk Kin Stephen has successively worked in Wheelock and Company Limited (會德豐有限公司) (SEHK stock code: 0020) and Wharf (Holdings) Limited (九龍倉集團有限公司) (SEHK stock code: 0004) from 1995 to 2000; Morningside Group (晨興創投集團) from 2000 to 2006; and TPG Growth Capital (Asia) Limited from July 2006 to September 2012, ending as the managing director. Mr. Law Cheuk Kin Stephen served as the chief financial officer of Guohao Group Limited (國浩集團有限公司) (SEHK stock code: 0053) from October 2012 to June 2013; the finance director of MTR Corporation Ltd. (SEHK stock code: 0066) from July 2013 to July 2016; the adjunct professor of Hong Kong Polytechnic University from 2015 to 2017; the independent director of AAG Energy Holdings Limited (亞美能源控股有限公司) (SEHK stock code: 2686) from July 2016 to September 2018; the managing director of ANS Capital Limited since 2017; an independent director of Stealth BioTherapeutics Inc. (NASDAQ stock symbol: MITO) from June 2018 to July 2019; an independent non-executive director of China Everbright Limited (中國光大控股有限公司) (SEHK stock code: 0165) since May 2018; an independent non-executive director of Somerley Capital Holdings Limited (新百利融資控股有限公司) (SEHK stock code: 8439) since February 2019; an independent director of China Galaxy Securities Co., Ltd. (SSE stock code: 601881; SEHK stock code: 06881) since June 2020 and an independent non-executive director of CSPC Pharmaceutical Group Limited (SEHK stock code: 1093) since March 2021. Mr. Law Cheuk Kin Stephen has been an independent non-executive director of our Bank since November 2018.

Mr. Law Cheuk Kin Stephen graduated from University of Birmingham with a bachelor’s degree in science (civil engineering) in April 1984. He graduated from University of Hull with a MBA degree in July 1996. Mr. Law Cheuk Kin Stephen was a council member of the Hong Kong Institute of Certified Public Accountants (HKICPA) from January 2010 to December 2017. Mr. Law Cheuk Kin Stephen is now a member of the HKICPA and the Institute of Chartered Accountants in England and Wales, a council member of Hong Kong Business Accountants Association Ltd. (HKBAA) and an expert accounting consultant appointed by the Ministry of Finance of the PRC. Mr. Law Cheuk Kin Stephen is also a council member of The Hong Kong Independent Non-Executive Director Association Limited (HKiNEDA). Mr. Law Cheuk Kin Stephen obtained accounting qualifications in Hong Kong and the United Kingdom.

– 48 – APPENDIX V BIOGRAPHICAL DETAILS OF DIRECTOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF DIRECTORS

Mr. JIANG Shangjun (姜尚君), born in July 1954, is proposed to be appointed as the independent non-executive director of the Bank. Mr. Jiang Shangjun has successively worked in People’s Bank of China Jinxian Sub-branch, Liaoning Province from October 1974 to August 1979; and served as a section chief of Agricultural Bank of China Jinxian Sub-branch, Liaoning Province from August 1979 to August 1982; an office director of Agricultural Bank of China Jinzhou Branch, Liaoning Province from July 1984 to January 1985; president of Agricultural Bank of China Jinxian Sub-branch, Liaoning Province from January 1985 to July 1987; vice president of Agricultural Bank of China Jinzhou Branch, Liaoning Province from July 1987 to June 1990; president of Agricultural Bank of China Huludao Branch, Liaoning Province from June 1990 to February 1995; general manager of the general affairs department of Agricultural Bank of China from February 1995 to June 1998; general manager of the third department of credit management of Agricultural Bank of China from June 1998 to February 2000; deputy secretary (presiding over work) of the Party committee of Agricultural Bank of China Gansu Branch from February 2000 to June 2000; secretary of the Party committee and president of Agricultural Bank of China Gansu Branch from June 2000 to January 2001; secretary of the Party committee and president of Agricultural Bank of China Shandong Branch from January 2001 to July 2005; general manager (bureau level) of the corporate business department of Agricultural Bank of China from July 2005 to January 2007; general manager (bureau level) of the credit management department of Agricultural Bank of China from January 2007 to May 2010; operation director of Agricultural Bank of China from May 2010 to May 2011; marketing director of Agricultural Bank of China from May 2011 to July 2012; and corporate business director of Agricultural Bank of China from July 2012 to September 2014. He has retired since October 2014. He has served as an independent director of China Life Property & Casualty Insurance Company Limited since January 2015; an independent director of HNA Investment Group (海航投資集團股份有限公司) (SZSE stock code: 000616) since May 2016; an independent director of China Chengtong Holdings Group Ltd. since May 2016 and an independent director of Sinosteel Corporation Limited (中國中鋼股份有限公司) since May 2020.

Mr. Jiang Shangjun studied at Hunan College of Finance and Economics (湖南財經學院) majoring in finance from August 1982 to July 1984. Mr. Jiang Shangjun has the title of senior economist.

– 49 – APPENDIX VI BIOGRAPHICAL DETAILS OF SUPERVISOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF SUPERVISORS

Mr. MA Peng (馬鵬), born in September 1974, is proposed to be appointed as the shareholder supervisor of the Bank. Mr. Ma Peng served as an economist of the Agricultural Bureau of Pan County, Liupanshui City, Guizhou Province from September 1997 to March 2005; a staff member of the Government Offices Administration Center of Pan County, Liupanshui City, Guizhou Province from March 2005 to April 2005; a staff member (grade 5) of the general affairs branch of the Government Office of Pan County, Liupanshui City, Guizhou Province form April 2005 to December 2005; deputy chief of the general affairs branch of the Government Office of Pan County, Liupanshui City, Guizhou Province from December 2005 to April 2007; deputy director of the Government Office of Pan County, Liupanshui City, Guizhou Province from April 2007 to August 2011; secretary of the Party Committee of Lianghe Town, Pan County, Liupanshui City, Guizhou Province from August 2011 to July 2014; secretary of the Party Committee of Lianghe Town, Pan County, Liupanshui City, Guizhou Province and deputy secretary of the Party Working Committee of Lianghe Agricultural Industrial Park from July 2014 to March 2015; a member of the Party Group and secretary of the Party committee of Liupanshui Commerce and Grain Bureau, Guizhou Province, from March 2015 to June 2017; deputy director of Liupanshui Economic Development and Research Center (Research Office of the Liupanshui Municipal People’s Government), Guizhou Province from June 2017 to September 2018; a member of the Party Group and deputy director of the Liupanshui Commerce and Grain Bureau, Guizhou Province from September 2018 to January 2019; a member of the Party Group and deputy director of the Bureau of Commerce of Liupanshui City, Guizhou Province from January 2019 to August 2019; and secretary of the Party Committee and chairman of the board of directors of Guizhou Liupanshui Yuezhao Airport Co., Ltd. (六盤水月照機場有限責任公司) since August 2019.

Mr. Ma Peng graduated from Guizhou Finance and Economics College (貴州財經學院) in June 1997 with a bachelor’s degree in investment and economic management and graduated from Party School of Guizhou Provincial Committee in June 2009 with a postgraduate degree in economic management.

– 50 – APPENDIX VI BIOGRAPHICAL DETAILS OF SUPERVISOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF SUPERVISORS

Mr. CHENG Yunlong (程雲龍), born in October 1976, is proposed to be appointed as the shareholder supervisor of the Bank. Mr. Cheng Yunlong worked in the Daba Town Government of Renhuai City from December 1998 to April 2003; worked in the Housing and Urban-Rural Development Bureau of Renhuai City from April 2003 to January 2017, during which he served as the head of the village station, head of the safety supervision station, member of the Party group, law enforcement team leader and concurrently served as the chairman of the labor union, and deputy secretary of the Party committee of the Housing and Urban-rural Development Bureau; served as the general manager of Renhuai Southern New City Construction Investment Development Co., Ltd. (仁懷市南部新城建設投資開發有限責任公司) from January 2017 to January 2018; served as the general manager of Renhuai Famous Wine Industrial Park Investment and Development Co., Ltd.(仁懷名酒工業園區投資開發有限責任公司), and concurrently served as the general manager of Renhuai Southern New City Construction Investment Development Co., Ltd. from January 2018 to April 2019; served as the deputy general manager of Renhuai City Urban Development Construction Investment Management Co., Ltd., and general manager of Renhuai Southern New City Construction Investment Development Co., Ltd. from April 2019 to August 2020; served as the deputy general manager of Renhuai Brewing Future Company, and general manager of Renhuai State Investment Corporation and financial officer since August 2020.

Mr. Cheng Yunlong graduated from Wuhan Electric Power Vocational and Technical College(武漢電力職業技術學院) with a bachelor’s degree in July 1998, and graduated with a master’s degree in public management from the Party School of Chongqing Municipal Committee of the Communist Party of China in July 2016.

– 51 – APPENDIX VI BIOGRAPHICAL DETAILS OF SUPERVISOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF SUPERVISORS

Ms. XU Yu (徐妤), born in February 1984, is proposed to be appointed as the shareholder supervisor of the Bank. Ms. Xu Yu worked as the deputy director of the accounting department of Xingyi City Local Taxation Bureau of Guizhou Province (貴州省興義市地方稅務局) from January 2009 to January 2011. She worked as the deputy director of Jian’an Real Estate Management Center in Xingyi City Local Taxation Bureau of Guizhou Province from January 2011 to October 2011. She worked as the deputy director of the integrated department in the Inspection Bureau of Qianxinan Prefecture Local Taxation of Guizhou Province (貴州省黔西南州地方稅務局稽查局) from October 2011 to November 2011. She worked as the section chief of the integrated department in the Inspection Bureau of Qianxinan Prefecture Local Taxation of Guizhou Province from November 2011 to November 2014. She worked as the branch director of the first branch office in the Inspection Bureau of Qianxinan Prefecture Local Taxation of Guizhou Province from November 2014 to December 2015. She worked as the office director of the Qianxinan Prefecture Local Taxation Bureau of Guizhou Province (貴州省黔西南州地方稅務局) from December 2015 to January 2017. She worked as the section chief cadre of Qianxinan Prefecture Financial Bureau of Guizhou Province (貴州省黔西南州財政局) from January 2017 to April 2017. She successively worked as the section chief cadre and the chief of the assessment and supervision section of Qianxinan Prefecture Administrative Bureau of State-owned Property of Guizhou Province (貴州省黔西南州國有資產管理局) from April 2017 to October 2019. She has worked as a director, the deputy general manager of Qianxinan Prefecture Hongsheng Capital Operation Co., Ltd. since October 2019. She has served concurrently as the Chairman of board of directors of Qianxinan Prefecture Linxia Economy Industry Operation Co., Ltd. since May 2020. Ms. Xu has been a shareholder supervisor of the Bank since May 2020.

Ms. Xu Yu graduated from the accounting department in School of Business Administration of North China Electric Power University (Beijing) (華北電力大學（北京）工商管理學院) with a master’s degree in management in January 2008. Ms. Xu has CPA and Certified Public Valuer qualifications.

– 52 – APPENDIX VI BIOGRAPHICAL DETAILS OF SUPERVISOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF SUPERVISORS

Mr. SU Zhi (蘇治), born in December 1977, is proposed to be appointed as the external supervisor of the third session of the Board of Supervisors of the Bank. Mr. Su Zhi has worked at the Central University of Finance and Economics (中央財經大學) since June 2009, and has been the deputy director of the academic committee of the Institute of International Technology and Economy under the Development Research Center of the State Council (國務院發展研究中心國際技術經濟研究所) since July 2018. He has served as professor and doctoral supervisor of both the School of Finance and the School of Statistics and Mathematics of the Central University of Finance and Economics since October 2016; the head of the Department of Financial Technology of the School of Finance of Central University of Finance and Economics since January 2017. Mr. Su Zhi has also worked as executive deputy director of the Central University of Finance and Economics and University of Electronic Science and Technology of China Joint Research Data Center (電子科技大學聯合數據研究中心) since September 2018. Mr. Su Zhi has been appointed as an independent non-executive directors of the Board of Shanghai Haohai Biological Technology Co., Ltd. (上海昊海生物科技股份有限公司) (SEHK stock code: 6826；Star Market of the Shanghai Stock Exchange stock code:688366) on 29 June 2020. Mr. Su Zhi has been an external supervisor of the second session of the Board of Supervisors of the Bank since May 2018.

Mr. Su Zhi obtained a bachelor’s degree in management majoring in economic information management from Jilin University (吉林大學) in July 2001 and a doctor’s degree in economics majoring in quantitative economics from Jilin University in June 2006. He engaged in the finance research at the post-doctoral study station of the School of Economics and Management of Tsinghua University from March 2007 to June 2009, and was conferred an EMBA degree in business administration from University of Texas in February 2009.

– 53 – APPENDIX VI BIOGRAPHICAL DETAILS OF SUPERVISOR CANDIDATES OF THE THIRD SESSION OF THE BOARD OF SUPERVISORS

Mr. YIN Xinquan (尹新全), born in August 1957, is proposed to be appointed as the external supervisor of the Bank. Mr. Yin Xinquan worked for Guizhou Panjiang Investment Holding (Group) Co., Ltd. (貴州盤江投資控股（集團）有限公司) and its subsidiaries from July 1978 to February 2018. In particular, he worked in the Finance Section of Huopu Mine of Panjiang Mining Bureau from July 1978 to December 1981; in the Finance Department of Panjiang Mining Bureau from January 1982 to July 1985; studied in Guizhou Finance and Economics College from August 1985 to July 1987; worked in the Finance Department of Guizhou Panjiang Coal and Electricity Refco Group Ltd (formerly known as the Finance Department of Panjiang Mining Bureau) (盤江煤電（集團）公司財務部（原盤江礦務局財務處)) from August 1987 to June 2005; served as deputy chief from February 1989, chief accountant of the Finance Department from August 1995, deputy director of the Finance Department from March 2000 and director of the Finance Department from January 2001. He served as deputy chief accountant and director of the Finance Department of Guizhou Panjiang Coal and Electricity Refco Group Ltd from July 2005 to February 2007; a member of the Party Committee and chief accountant of Panjiang Investment Holding (Group) Co., Ltd. from February 2007 to February 2018; and chairman of the supervisory committee of Guizhou Panjiang Fine Coal Co., Ltd. (貴州盤江精煤股份有限公司) from May 2010 to February 2018. He retired in February 2018.

Mr. Yin Xinquan graduated from Guizhou Finance and Economics College (貴州財經學院) with a college degree and the title of senior accountant.

Mr. CHEN Houyi (陳厚義), born in January 1956, is proposed to be appointed as the external supervisor of the Bank. Mr. Chen Houyi served successively as secretary of Party general branch and deputy director of the third department of adult education (managing the Party and government work of the department), head of the organization department of Party committee and deputy secretary of the Party committee of Guizhou University of Industry (貴州工業大學) from February 1995 to March 1998. He served as dean of Guizhou Economic Management Cadre College (貴州省經濟管理幹部學院) from March 1998 to 2001, and successively served as dean and president (excellent expert under the management of Guizhou Province, recipient of special government allowances of the State Council, and master supervisor) of Guizhou University of Finance and Economics (貴州財經大學) since 2001, and professor (2nd class) of Guizhou University of Finance and Economics since January 2016. He has been an external supervisor of the Bank since April 2017.

Mr. Chen Houyi graduated from Wuhan University and obtained his bachelor’s degree in January 1982 and obtained a doctor’s degree majoring in economics in industry economics from Wuhan University of Technology (武漢理工大學) in June 2009.

– 54 – APPENDIX VII PLAN ON ISSUANCE OF CAPITAL BONDS WITHOUT A FIXED TERM

PLAN ON ISSUANCE OF CAPITAL BONDS WITHOUT A FIXED TERM

Dear Shareholders,

In order to continuously replenish the capital of the Bank, further optimize the capital structure, improve the utilization efficiency of its capital and support the steady development of various businesses of the Bank, in accordance with the Rules on Capital Management for Commercial Banks (Provisional) (CBIRC [2012] Order No. 1) 《商業銀行資本管理辦法（試行( )》(銀保監會〔2012〕第 1號令)) and the Opinions on Further Support for Innovation of Capital Instruments of Commercial Banks (Yin Jian Fa [2018] No.5) 《關( 於進一步支持商業銀行資本工具創新的意見》(銀監發〔2018〕5號)) issued by CBIRC, the Announcement on Matters concerning Issuance of Capital Supplementary Bonds by Banking Financial Institutions (Announcement of the People’s Bank of China [2018] No. 3) 《關於銀行業金融機構發行資本補充債( 券有關事宜的公告》(中國人民銀行公告〔2018〕第 3號)) issued by the People’s Bank of China and other relevant documents, the Bank intends to issue capital bonds without a fixed term of not more than RMB3.5 billion (inclusive), details of which are as follows:

I. ISSUANCE PLAN

(I) Issue amount: not more than RMB3.5 billion (inclusive).

(II) Types of the instruments: write-down or convertible capital bonds without a fixed term in compliance with the Rules on Capital Management for Commercial Banks (Provisional) and other regulations, which can be used to replenish other tier-one capital of commercial banks.

(III) Issuance markets: domestic inter-bank bond markets.

(IV) Term of bonds: the duration of bonds is same as the continuous operation term of the Bank.

(V) Issuance interest rate: to be determined with reference to market interest rates.

(VI) Use of proceeds raised: to replenish additional tier-one capital of the Bank.

(VII) Term of validity of the resolution: from the date of approval by the Shareholders’ general meeting until the completion of the issuance of the bonds.

If the Bank issues the convertible capital bonds without a fixed term, the compliance procedures shall be performed separately in accordance with the Articles of Association of the Bank and the applicable laws and regulations as well as the relevant rules of the stock exchange where the shares are listed upon the formation of relevant plan.

The above report is hereby presented for Shareholders’ consideration.

– 55 – APPENDIX VII PLAN ON ISSUANCE OF CAPITAL BONDS WITHOUT A FIXED TERM

II. SCOPE OF AUTHORIZATION

In view of the uncertainties in the issuance time of the bond issue and the market environment, in order to ensure the smooth implementation of the bond issue and subsequent related matters, to enhance the efficiency of decision-making and grasp the market opportunities, it is hereby proposed to the Shareholders’ general meeting to authorize the Board and the Board shall delegate to the Bank’s management the authority to handle specific matters in relation to the issuance of capital bonds without a fixed term, including but not limited to:

(I) To determine all specific terms relating to the bond issuance, such as the issuance size, issuance price, issuance interest rate, issuance time, issuance object, issuance method, issuance tranche and loss absorption method in accordance with the issuance plan and the regulations and approval requirements of the relevant regulatory authorities.

(II) To revise, sign and execute all agreements, contracts and relevant documents occurring in the course of the bond issuance and to engage intermediaries, and other issuance-related matters.

(III) To handle the reporting, issuance, trading and circulation procedures of the bond issuance, and to prepare, amend and submit relevant documents and materials.

(IV) To make necessary adjustments to matters relating to the bond issuance in accordance with the requirements of the relevant government departments and regulatory authorities and based on the changes in market conditions. Matters subject to a revote by the general meeting or the Board of Directors as required by the relevant laws, regulations and the Articles of Association are excluded.

(V) To handle matters such as cashing, redemption, write-down or conversion into shares during the life of the bonds in accordance with the regulations and approval requirements promulgated by the relevant regulatory authorities.

The above report is hereby presented for Shareholders’ consideration.

– 56 – APPENDIX VIII PLAN ON AUTHORIZATION OF THE SHAREHOLDERS’ GENERAL MEETING TO THE BOARD OF DIRECTORS

PLAN ON AUTHORIZATION OF THE SHAREHOLDERS’ GENERAL MEETING TO THE BOARD OF DIRECTORS

Dear Shareholders,

In order to further improve the corporate governance structure of the Bank, the Bank formulated the following plan on authorization of the Shareholders’ general meeting to the Board of Directors in accordance with the provisions of the Company Law of the People’s Republic of China, other relevant laws and regulations and the Articles of Associations:

On the premise of complying with relevant laws and regulations, departmental rules, requirements of the securities regulatory authorities of the place where the shares of the Bank are listed and the Articles of Association of the Bank:

I. APPROVAL AUTHORITY FOR EQUITY INVESTMENT

Any individual (single) external equity investment (including promotion and establishment, shareholding, conversion of bonds into shares, merger and acquisition, subscription of preference shares, subscription of convertible bonds, subscription of perpetual bonds and subscription of tier-two capital bonds, etc.) with an amount not exceeding 10% of the latest audited net assets shall be considered and approved by the Board.

II. APPROVAL AUTHORITY FOR THE ISSUANCE OF FINANCIAL BONDS

Any issuance of ordinary financial bonds (excluding corporate bonds with nature of capital replenishment such as convertible bonds, tier-two capital bonds and perpetual bonds) shall be considered and approved by the Board.

III. APPROVAL AUTHORITY FOR THE PURCHASE AND DISPOSAL OF FIXED ASSETS

Purchase of fixed assets: any individual (single) purchase amount below RMB0.5 billion shall be considered and approved by the Board.

Disposal of fixed assets: for any individual (single) proposed disposal of fixed assets with the net carrying value below RMB0.1 billion, and the aggregate amount of the expected value of the fixed assets proposed to be disposed and the value obtained from the fixed assets which have been disposed within 4 months before such proposed disposal not exceeding 33% of the value of fixed assets as shown in the latest audited balance sheet, it shall be considered and approved by the Board.

– 57 – APPENDIX VIII PLAN ON AUTHORIZATION OF THE SHAREHOLDERS’ GENERAL MEETING TO THE BOARD OF DIRECTORS

IV. APPROVAL AUTHORITY FOR THE DISPOSAL OF NON-PERFORMING ASSETS

For any individual proposed disposal of non-performing assets (in a single account or single transaction) with the net carrying value1 below RMB1 billion and the net carrying value of the annual accumulated disposal not exceeding 10% of the latest audited net values, it shall be considered and approved by the Board.

V. APPROVAL AUTHORITY FOR GUARANTEE OTHER THAN CREDIT GRANTING BUSINESS

Any external guarantee (excluding guarantees for commercial banking businesses such as letters of guarantee, bill acceptance and letters of credit, hereinafter the same) of less than RMB0.3 billion for a single account shall be considered and approved by the Board. However, the following guarantees shall be submitted to the Shareholders’ general meeting for consideration:

1. any guarantee provided when the aggregate amount of external guarantees of the Bank and its controlled subsidiaries has reached or exceeded 50% of the latest audited net assets;

2. any guarantee provided when the aggregate amount of external guarantees of the Bank has reached or exceeded 30% of the latest audited total asset;

3. any guarantee provided to a guaranteed party with the gearing ratio exceeding 70%;

4. the amount of a single guarantee exceeding 10% of the latest audited net assets;

5. any guarantee provided to the shareholders, the actual controller or their respective related parties.

VI. APPROVAL AUTHORITY FOR EXTERNAL DONATIONS

For any individual (single) external donation (including charity donations and commercial sponsorship, etc.) with expenses not exceeding RMB20 million, and the total expenses of external donations made during the year not exceeding RMB50 million, it shall be considered and approved by the Board.

1. If the non-performing assets proposed to be disposed are non-performing credit assets, it refers to the principal amount of the loan to be disposed in a single account

– 58 – APPENDIX VIII PLAN ON AUTHORIZATION OF THE SHAREHOLDERS’ GENERAL MEETING TO THE BOARD OF DIRECTORS

VII. Within the scope of authorities involving in this plan on authorization, the Board may, based on actual needs and in compliance with laws, delegate all or part of the authorities granted by the general meeting in this plan on authorization to the chairman of the Board, special committees under the Board and the president of the Bank.

VIII. The general meeting may, according to actual circumstance, supplement or adjust relevant authorizations by the way of resolution(s) of the general meeting, or grant other specific authorizations to the Board in addition to this plan on authorization.

IX. As the Bank’s Shares have been listed on Hong Kong Stock Exchange, the above approval authorities of the Board are also subject to the following requirements:

1. If any relevant matter constitutes a connected transaction under the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange, all the applicable size tests (other than the profits ratio) in respect of such transaction shall be less than 5%, or less than 25% and the total consideration of the transaction less than HK$10 million;

2. If any relevant matter constitutes a discloseable transaction under the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange, all the applicable size tests in respect of such transaction shall be less than 25%.

When calculating the amount of a transaction, if the transaction constitutes one of a series of transactions under the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange, the transaction shall be aggregated with other transactions in the series.

X. This plan on authorization shall take effective from the date of approval at the general meeting and be valid until the new authorization is made at the next general meeting.

– 59 – APPENDIX VIII PLAN ON AUTHORIZATION OF THE SHAREHOLDERS’ GENERAL MEETING TO THE BOARD OF DIRECTORS

Notes:

1. The amounts involved in this plan on authorization are denominated in RMB, and shall be converted into RMB if the relevant matters involve foreign currencies.

2. The term “exceeding” in this plan on authorization does not include the underlying figures, while the term “not exceeding” includes the underlying figures; the term “above” does not include the underlying figures, while the term “below” includes the underlying figures.

3. In this plan on authorization, the term “net assets” represents the latest audited net assets of the Bank after the consolidation of financial statements, the term “total assets” represents the latest audited total assets of the Bank after the consolidation of financial statements, the term “net profit” represents the latest audited net profit of the Bank after the consolidation of financial statements, and the term “value of fixed assets” represents the latest audited value of fixed assets of the Bank after the consolidation of financial statements.

4. In this plan on authorization, the term “disposal” includes disposal by sales, transfer, replacement and write-off, and also includes the disposal of interests in such assets, but excludes the provision of guarantees with such assets.

5. In case of inconsistency for financial statements prepared by the Bank based on the PRC accounting standards and the international accounting standards or the accounting standards of foreign place of listing and data under various accounting standards, the lower one shall prevail.

6. The size tests and calculation methods as required by the Hong Kong Stock Exchange are:

Total assets ratio = total assets involved in the transaction ÷ total assets of the Bank Group×100%;

Profits ratio = profits of the assets involved in the transaction ÷ profits of the Bank Group (all amounts other than tax, but excluding minority interests and net profit from non-recurring items) × 100%;

Revenue ratio = revenue of the assets involved in the transaction ÷ revenue of the Bank Group×100%;

Consideration ratio = consideration of the transaction ÷ total market capitalization of the Bank Group (based on the average closing price of the Bank’s shares for the five trading days prior to the transaction) × 100%;

Equity capital ratio = the number of shares to be issued by the Bank Group or its subsidiaries as consideration of the transaction ÷ total share capital of the Bank Group before the transaction × 100%.

The above report is hereby presented for Shareholders’ consideration.

– 60 – APPENDIX IX 2020 PERFORMANCE REPORT OF INDEPENDENT NON-EXECUTIVE DIRECTORS

2020 PERFORMANCE REPORT OF INDEPENDENT NON-EXECUTIVE DIRECTORS

Dear Shareholders,

As the independent Directors of the second session of the Board of Directors of Bank of Guizhou, we report on our performance of duties for 2020 as follows in accordance with the Articles of Association and the Working Rules for Independent Directors of Bank of Guizhou:

I. ATTENDANCE AT MEETINGS

During 2020, the second session of the Board of Directors of Bank of Guizhou convened 15 meetings in total, including 4 regular meetings and 11 extraordinary meetings. The independent Directors of this session of the Board of Directors actively performed their duties, attended the meetings of the Board of Directors and the special committees thereunder in a timely manner, and commissioned director(s) of same type to attend in case they were unable to attend in person. During the Reporting Period, the attendance of the independent Directors at meetings and the working hours devoted by them in the Bank met the requirements under the Articles of Association of the Bank and the regulatory requirements. The particulars of their attendance are as follows:

(I) Attendance at Board Meetings:

Number of Whether He/She Attendances Had Failed to Required at Board Attend Board Meetings During Number of Meetings in Person the Reporting Actual Number Attendances by Number for Two Consecutive Director Type of Director Period of Attendances proxy(ies) of Absences Times or not

WANG Gefan Independent Director 15 15 0 0 No TANG Xin Independent Director 15 13 2 0 No SONG Ke Independent Director 15 13 2 0 No LAW Cheuk Kin Stephen Independent Director 15 15 0 0 No LI Shoubing Independent Director 15 15 0 0 No

– 61 – APPENDIX IX 2020 PERFORMANCE REPORT OF INDEPENDENT NON-EXECUTIVE DIRECTORS

(II) Attendance at Meetings of Special Committees under the Board of Directors:

Risk and Related Party Consumer Rights Strategic Development Nomination and Transactions Management Protection and Social Committee Remuneration Committee Audit Committee Committee Responsibility Committee Number of Actual Number of Actual Number of Actual Number of Actual Number of Actual Attendances Number of Attendance Number of Attendances Number of Attendances Number of Attendances Number of Director Required Attendances s Required Attendances Required Attendances Required Attendances Required Attendances

WANG Gefan 1 1 0 0 3 3 10 10 0 0 TANG Xin 0 0 3 3 0 0 10 10 0 0 SONG Ke 0 0 3 3 0 0 10 10 0 0 LAW Cheuk Kin Stephen 0 0 0 0 3 3 0 0 0 0 LI Shoubing 0 0 3 3 3 3 0 0 3 3

II. PERFORMANCE OF ROUTINE DUTIES

Firstly, actively attending meetings and giving full play to their decision-making function. During the Reporting Period, the independent Directors all performed their duties diligently, actively attended meetings, and commissioned director(s) of same type to attend and vote on their behalf in case they were unable to attend in person. During the Reporting Period, the Board of Directors convened 15 meetings in total and considered 95 resolutions, the special committees under the Board of Directors convened 20 meetings in total and considered 57 resolutions, and no independent Director was absent at any meeting during the Reporting Period. They fully performed their duties as independent Directors, which guaranteed the effective performance of duties by the Board of Directors.

Secondly, acting proactively and actively performing their supervision and management functions. The independent Directors got to know the development of the operation and management of the Bank and gave feedback on the reporting of management in a timely manner. For matters that need decisions from the Board of Directors, all Directors earnestly check relevant information and offered their advices and suggestions for the long-term development of the Bank. During the Reporting Period, the Board of Directors held two special topic debriefings, and the business departments despatched 14 issues of newsflash on operation and management. Based on their knowledge of information in the industry, the independent Directors put forward nearly one hundred pieces of advices, including increasing manpower for audit, establishment of reporting system for senior management and others, which played important role in improving the corporate governance of the Bank.

– 62 – APPENDIX IX 2020 PERFORMANCE REPORT OF INDEPENDENT NON-EXECUTIVE DIRECTORS

Thirdly, earnestly performing duties to consider significant matters for the year. During the Reporting Period, the independent Directors participated in the consideration of significant matters, including 2019 Report on Operation of Bank of Guizhou, 2019 Annual Report of Bank of Guizhou, 2019 Financial Statements Report of Bank of Guizhou, 2020 Annual Operation Plan and Financial Budget of Bank of Guizhou, 2019 Profit Distribution Plan of Bank of Guizhou, Amendment to Articles of Association, Annual Interim Report and others, earnestly fulfilling the management function of the Board of Directors.

III. ISSUE OF INDEPENDENT OPINIONS

During the Reporting Period, the independent Directors fully performed their duties under Company Law and other laws and regulations as well as the Articles of Association of Bank of Guizhou, earnestly considered all the resolutions and expressed their independent opinions on matters required in the Articles of Association of Bank of Guizhou and the Working Rules for Independent Directors of Bank of Guizhou, without any omission. In particular, during 2020, the Board of Directors considered 16 resolutions which required opinions of independent Directors, including 6 resolutions on significant related party transactions, 1 resolution on remuneration system and 7 resolutions on nomination of Directors. The independent Directors expressed their opinions on above matters, which are independent, objective and fair.

IV. TRAINING

The independent Directors attached great importance to learning and training. Depending on the conditions of the COVID-19 pandemic, the Bank actively provided on-line and off-line learning and training programs for Directors. The on-line learning mainly involved watching video cases and reading relevant legal documents, while the off-line learning mainly involved on-site training. On-site training was conducted on 21 December 2020 in the meeting room 4408 of Bank of Guizhou Building, Clifford Chance was invited to conduct training on Hong Kong regulations and anti-money laundering requirements, and King & Wood Mallesons was invited to conduct training on relevant mainland laws and regulations and anti-money laundering and anti-terrorist financing, which effectively enhanced the performance level of independent Directors.

– 63 – APPENDIX IX 2020 PERFORMANCE REPORT OF INDEPENDENT NON-EXECUTIVE DIRECTORS

V. EXERCISE OF OTHER SPECIAL AUTHORITIES

During the year, the independent Directors did not exercise any special authorities such as separately engaging intermediary agencies to issue independent advisory reports on material related party transactions, proposing to the Board of Directors to appoint or dismiss accounting firms, proposing to convene a Board meeting or extraordinary general meeting, independently engaging external auditing and advisory agencies, or publicly soliciting voting rights from Shareholders before convening a general meeting.

In 2020, in accordance with the rights granted by the Shareholders’ general meeting, the independent Directors made use of their expertise and experience to provide opinions and suggestions for the development of the Bank, provide reference opinions for the decision-making of the Board of Directors, help the Bank improve its decision-making capacity and operational performance, and earnestly safeguard the legitimate rights and interests of the Company and minority investors. In 2021, all the independent Directors will strictly implement the relevant requirements of the regulatory regulations and the Articles of Association of Bank of Guizhou, and perform their duties conscientiously and diligently as always.

– 64 – APPENDIX X 2020 REPORT ON WORK PROGRESS OF RELATED-PARTY TRANSACTIONS

2020 REPORT ON RELATED-PARTY TRANSACTIONS

Dear Shareholders,

In accordance with the Administrative Measures for the Related-Party Transactions between Commercial Banks and Their Insiders and Shareholders (Yin Jian Ling [2004] No. 3) and the Administrative Measures for the Related Party/Connected Transactions of Bank of Guizhou Co., Ltd. (applicable after H Share listing) (Qian Yin Regulation [2020] No. 3), the related party transactions of the Bank in 2020 are hereby reported as follows for your review.

I. CONSTRUCTION AND IMPLEMENTATION OF RELATED PARTY TRANSACTION MANAGEMENT SYSTEM

(I) System Construction

In order to further standardize the management of the related party transactions, in conjunction with the relevant regulatory requirements upon the listing, the Bank adopted the Measures on Administration of Related Party/Connected Transaction of Bank of Guizhou (applicable after H Share listing) and the Working Rules for the Risk and Related Party Transactions Management Committee under the Board of Bank of Guizhou (applicable after H Share listing), issued the Notice on the Management of Related Party Transactions after the Listing of the Bank and Notice on Matters Relating to the Strengthening of the Management of Related Party, which further clarified the responsibilities of the relevant departments, made up for the shortcomings in the management of related parties and improved the management system of related party transactions.

(II) System Implementation

1. Identification of Related Parties

In accordance with the related requirements of the Administrative Measures for the Related Party Transactions between Commercial Banks and Their Insiders and Shareholders (Yin Jian Ling [2004] No. 3) and the Administrative Measures for the Related Party/Connected Transactions of Bank of Guizhou Co., Ltd. (applicable after H Share listing), the Bank updated and maintained the list of related parties quarterly during the Reporting Period. At the end of 2020, Bank of Guizhou had a total of 10,906 related parties defined by the CBIRC, of which, 428 were legal persons and 10,478 were natural persons; a total of 193 related parties defined by the Stock Exchange, of which, 37 were legal persons and 156 were natural persons;

– 65 – APPENDIX X 2020 REPORT ON WORK PROGRESS OF RELATED-PARTY TRANSACTIONS

2. Consideration and Approval of Related Party Transactions

The Bank carried out consideration and approval procedures for related party transactions strictly in accordance with the relevant provisions of the regulatory authorities, and implemented a system of ordinary related party transactions filing and significant related party transactions approval. Among which, if the amount of a single related party transaction between the Bank and any of its related parties accounts for no more than 1% (inclusive) of the commercial bank’s net capital, and upon completion of which the balance of the transaction between the Bank and such related party accounts for less than 5% (inclusive) of total balance of the commercial bank’s net capital, then, such related party transaction shall be called ordinary related party transaction. It will be examined according to the examination and approval procedure for internal authorization of the Bank prior to being filed with Risk and Related Party Transactions Management Committee under the Board. If the amount of a single related party transaction between the Bank and any of its related parties accounts for more than 1% (excluding 1%) of the net capital of the Bank, or upon such related party transaction, the balance of related party transactions between the Bank and such related party accounts for more than 5% (excluding 5%) of the net capital of the Bank, then, such related party transaction shall be called significant related party transaction. It will be examined according to the examination and approval procedure for internal authorization of the Bank prior to being submitted to Risk and Related Party Transactions Management Committee under the Board for examination and reported to the Board for final approval.

The independent Directors expressed written opinions on the fairness of significant related party transactions and the implementation of internal approval procedures.

3. Pricing of Related Party Transactions

During the Reporting Period, the Bank’s related party transactions with its related parties followed general commercial principles, market price-based, and with principle of no precedence over similar transactions with non-related parties. In addition, the Bank also priced such related party transactions in accordance with pricing method of its relevant measures for management of business, so as to ensure the legitimacy and fairness of the pricing of related party transactions of the Bank.

– 66 – APPENDIX X 2020 REPORT ON WORK PROGRESS OF RELATED-PARTY TRANSACTIONS

4. Daily Monitoring of Related Party Transactions

During the Reporting Period, the daily affairs office of the Bank’s Risk and Related Party Transactions Management Committee under the Board reported to the Bank’s Board of Supervisors and CBIRC within ten (10) working days from the date of approval of related party transactions; the Board shall make a special report to the Shareholders’ general meeting on the implementation of related party transaction management policies and the information on related party transactions every year. As to the Bank’s standards and procedures for disclosure of information on related party transactions, the daily affairs office of the Bank’s Related Party Transactions Control Committee shall submit relevant materials to the CBIRC in a timely manner and disclose them in accordance with relevant requirements of CBIRC and relevant provisions as to the Bank’s information disclosure management.

5. Implementation of Regulatory Requirements

The CBIRC stipulates that the balance of credit given by a commercial bank to any of its related parties shall not exceed 10% of the net capital of the commercial bank; that the total balance of credit given by a commercial bank to the customers of the group of a related legal person or other organization shall not exceed 15% of the net capital of the commercial bank; and that the balance of the credit given by a commercial bank to all of its related parties shall not exceed 50% of the net capital of the commercial bank. By the end of the Reporting Period, the indicators of the above related party transactions of the Bank all met CBIRC regulatory requirements.

II. OVERALL CONDITIONS OF RELATED PARTY TRANSACTIONS

(I) Related Party Transaction as Defined by the CBIRC

During the Reporting Period, the Board of the Bank examined and approved a total of 9 significant related party transactions with related parties defined by the CBIRC; as of the end of the Reporting Period, the Bank recorded s credit balance of RMB12,177 million granted to all related parties defined by the CBIRC, accounting for 29.70% of the net capital of the Bank. See the announcement of the annual results for the year ended 31 December 2020 for details.

(II) Connected Transactions as Defined in the Hong Kong Listing Rules

During the Reporting Period, the Bank did not engage in any related party/connected transaction with connected parties defined in the Hong Kong Listing Rules which needs to be disclosed.

– 67 – APPENDIX X 2020 REPORT ON WORK PROGRESS OF RELATED-PARTY TRANSACTIONS

III. OPERATION OF RELATED PARTY TRANSACTIONS COMMITTEE

The Risk and Related Party Transactions Management Committee under the Board of Bank of Guizhou performed its duties with diligence in accordance with the requirements of normative documents such as the Administrative Measures for the Related Party Transactions between Commercial Banks and Their Insiders and Shareholders, Articles of Association and Working Rules for the Risk and Related Party Transactions Management Committee under the Board of the Bank. Mr. Yang Mingshang, a Director and a member of the Related Party Transactions Committee of the Bank, resigned from the Bank in March 2019. As of the end of 2020, the Related Party Transactions Committee comprised 3 members (all being independent Directors) and was chaired by an independent Director, which was in line with relevant requirements and sufficient to guarantee the effective performance of the Related Party Transactions Committee.

During the Reporting Period, the Bank’s Related Party Transactions Committee held a total of 10 meetings to consider and listen to a total of 33 proposals, including the Proposal on Consideration of 2019 Report on Related Party Transactions of Bank of Guizhou and Proposal on Consideration of 2020 Overall Risk Management Policy and System of Bank of Guizhou, reviewed 9 significant related party transactions and filed for a total of 57 ordinary related party transactions.

– 68 – APPENDIX XI 2019 REPORT ON IMPLEMENTATION OF RESOLUTIONS OF SHAREHOLDERS’ GENERAL MEETING

2019 REPORT ON IMPLEMENTATION OF RESOLUTIONS OF SHAREHOLDERS’ GENERAL MEETING

Dear Shareholders,

The 2019 annual general meeting of the Bank was held at 3:00 p.m. on 20 May 2020 at the Guizhou Hall, First floor, International Conference Center of Guizhou Province (No. 66, Beijing Road, Yunyan District, Guiyang City, Guizhou Province, the PRC). A total of 24 proposals were considered and approved, and 4 reports were debriefed. The implementation progress of the resolutions passed at the 2019 annual general meeting is hereby reported as follows:

I. REPORTING ITEMS

There were a total of seven reporting items in the 28 proposals, namely the 2019 Work Report of the Board of Directors of Bank of Guizhou, the 2019 Work Report of the Board of Supervisors of Bank of Guizhou, the 2019 Financial Statements Report, the 2019 Evaluation Report on the Performance of the Board of Directors, the Board of Supervisors and Senior Management of Bank of Guizhou and their Members, 2019 Performance Report of Independent Non-executive Directors, 2019 Report on Related-party Transactions and 2019 Report on Implementation of Resolutions of Shareholders’ General Meeting, which need no subsequent implementation.

II. IMPLEMENTATION OF MATTERS UNDER CONSIDERATION

(I) Proposal on the 2020 Financial Budget Plan of Bank of Guizhou

Implementation progress: Please refer to the 2020 Annual Results Announcement published by the Bank.

(II) Proposal on the 2019 Profit Distribution Plan of Bank of Guizhou

Implementation progress: According to the resolution on the profit distribution plan of the meeting, dividends have been distributed to holders of both H Shares and Domestic Shares.

(III) To consider and approve the relocation of offices of the Bank.

Implementation progress: The Bank has moved into its new premises and undergone a change of business domicile.

(IV) To consider and approve the authorization to the Board of Directors to approve new equity investment in rural banks initiated by the Bank.

Implementation progress: The Board of Directors, with the authorization of the Shareholders’ general meeting, considered and approved capital increases for the 10 rural banks in 2020.

– 69 – APPENDIX XI 2019 REPORT ON IMPLEMENTATION OF RESOLUTIONS OF SHAREHOLDERS’ GENERAL MEETING

(V) To consider and approve the appointment of accounting firms.

Implementation progress: KPMG was engaged as our accounting firm in accordance with the resolution.

(VI) To consider and approve the amendments to the Rules of Procedure of Shareholders’ General Meeting of Bank of Guizhou Co., Ltd., to consider and approve the amendments to the Rules of Procedure of the Board of Directors of Bank of Guizhou Co., Ltd., to consider and approve the amendments to the Measures on the Equity Administration of Domestic Shares of Bank of Guizhou Co., Ltd., and to consider and approve the formulation of the Measures on Equity Escrow of Domestic Shares of Bank of Guizhou Co., Ltd..

Implementation progress: The above four systems have come into effect and have been issued in the Bank.

(VII) To consider and approve the appointment of Mr. Chen Jingde as a non-executive Director.

Implementation progress: He has passed the qualification examination for appointment and submitted to the regulatory authority for qualification approval of the appointment.

(VIII) To consider and approve the appointment of Mr. Wang Zhiming as a non-executive Director.

Implementation progress: Mr. Wang Zhiming has resigned as a non-executive Director due to a change in employment.

(IX) To consider and approve the appointment of Mr. Shi Xianyin as a non-executive Director.

Implementation progress: He has passed the qualification examination for the appointment and proposes to submit the qualification approval for the appointment to the regulatory authority.

(X) To consider and approve the appointment of Mr. Zhong Xueliang as a non-executive Director.

Implementation progress: He proposes to submit the qualification approval for the appointment to the regulatory authority.

– 70 – APPENDIX XI 2019 REPORT ON IMPLEMENTATION OF RESOLUTIONS OF SHAREHOLDERS’ GENERAL MEETING

(XI) To consider and approve the appointment of Mr. Zhao Yong as a non-executive Director.

Implementation progress: He has passed the qualification examination for the appointment and submitted to the regulatory authority for qualification approval of the appointment.

(XII) To consider and approve the appointment of Mr. Yang Jian as a Shareholder Supervisor, to consider and approve the appointment of Mr. Chen Hongcai as a Shareholder Supervisor, and to consider and approve the appointment of Ms. Xu Yu as a Shareholder Supervisor.

Implementation progress: The above supervisors have formally assumed their respective office.

(XIII) To consider and approve the authorization to the Board of Directors to approve the issuance of financial bonds and credit assets backed securities, and to consider and approve the launch of the issuance of financial capital market instruments by the Bank.

Implementation progress: The Bank intends to issue green financial bonds with an amount of RMB8 billion, and the business department has completed preliminary preparation work, which has been submitted to regulatory authority for review.

(XIV) To consider and approve the change of registered capital of the Bank.

Implementation progress: An application has been made to the CBIRC for the change of registered capital, and the CBIRC has granted its approval in December 2020.

(XV) To consider and approve the amendments to Articles of Association of Bank of Guizhou Co., Ltd..

Implementation progress: The CBIRC has granted the approval for the amendment in December 2020, and the Articles of Association has become effective in December.

During 2020, the Board of Directors and the management strictly implemented the resolutions of the Shareholders’ general meeting, earnestly safeguard the rights and interests of the Shareholders, and achieved satisfactory operating results through scientifical decisions, prudent operation and management optimization. In 2021, the Board of Directors will continue to faithfully implement all the resolutions of the Shareholders’ general meeting, to reward the investors with good operating results.

– 71 – NOTICE OF THE 2020 ANNUAL GENERAL MEETING

NOTICE OF THE 2020 ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the 2020 annual general meeting (the “AGM”) of Bank of Guizhou Co., Ltd.* (the “Bank”) will be held at the Conference Room 4501, Bank of Guizhou Head Office Building, No. 9 Yongchang Road, Guanshanhu District, Guiyang, Guizhou Province, the PRC at 2:30 p.m. on Wednesday, 16 June 2021, for the Shareholders to consider and, if thought fit, to approve the following resolutions:

ORDINARY RESOLUTIONS

1. To consider and approve the 2020 Work Report of the Board of Directors of the Bank.

2. To consider and approve the 2020 Work Report of the Board of Supervisors of the Bank.

3. To consider and approve the 2020 Performance Evaluation Report on Board of Directors and Board of Supervisors and Senior Management and their Members of the Bank.

4. To consider and approve the 2020 Financial Statements Report of the Bank.

5. To consider and approve the 2020 Profit Distribution Plan of the Bank.

6. To consider and approve the 2021 Financial Budget Plan of the Bank.

7. To consider and approve the Amendments to the Rules of Procedure of the Board of Directors of Bank of Guizhou Co., Ltd..

– 72 – NOTICE OF THE 2020 ANNUAL GENERAL MEETING

8. To consider and approve the appointment of accounting firms for the year 2021.

9. To consider and approve the election of the third session of the board of directors of the Bank.