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2018 Annual Report CONTACT INFORMATION

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2018 Annual Report CONTACT INFORMATION 2018 Annual Report CONTACT INFORMATION Haitong Bank, S.A. (GLItFLR4XDUW]R +HDG2IILFH 5XD$OH[DQGUH+HUFXODQR /LVERD±3RUWXJDO Haitong Banco de Investimento do Brasil, S.A. $Y%ULJDGHLUR)DULD/LPDWK)ORRU ,WDLP%LEL&(3 6DR3DXOR±%UD]LO Haitong Bank, S.A. – Spain Branch 3DVHRGHOD&DVWHOODQDVWIORRU 0DGULG±6SDLQ Haitong Bank, S.A. – London Branch $OGHUPDQEXU\6TXDUHUGIORRU /RQGRQ(&9+5±8QLWHG.LQJGRP Haitong Bank, S.A. – Warsaw Branch =ORWDWK6WUHHWWKIORRU :DUVDZ±3RODQG Haitong Investment Ireland p.l.c. 6SHQFHU5RZWK)ORRU6SHQFHU+RXVH 2II6WRUH6WUHHW'XEOLQ '57±,UHODQG Our Annual and Interim reports are available at: KWWSZZZKDLWRQJLEFRPHQFRUSRUDWHJRYHUQDQFHDQQXDOUHSRUW HAITONG BANK, S.A. (GLItFLR4XDUW]R±5XD$OH[DQGUH+HUFXODQR_/LVERQ_32578*$/ 5HJLVWHUHG6KDUH&DSLWDOHXURV &RUSRUDWH5HJLVWUDWLRQDQG7D[3D\HU1XPEHU Index 02 &KDLUPDQDQG&(2¶V5HYLHZ 04 0DQDJHPHQW9HFWRUV 07 Product 25 Expertise 33 People 39 Structure IT & Internal Controls Financial Report &RQVROLGDWHG)LQDQFLDO6WDWHPHQWVDQG1RWHV x 5HSRUWDQG2SLQLRQRIWKH6XSHUYLVRU\%RDUG x 6WDWXWRU\$XGLWRU¶V5HSRUWDQG$XGLW5HSRUW 209 ,QGLYLGXDO)LQDQFLDO6WDWHPHQWVDQG1RWHV x 5HSRUWDQG2SLQLRQRIWKH6XSHUYLVRU\%RDUG x 6WDWXWRU\$XGLWRU¶V5HSRUWDQG$XGLW5HSRUW 327 Corporate Governance 57 Annexes 58 1RQILQDQFLDOLQIRUPDWLRQDQG'LYHUVLW\ 60 (DUQLQJV'LVWULEXWLRQ3URSRVDO 5XD$OH[DQGUH+HUFXODQR_/LVERQ 61 'HFODUDWLRQRI&RQIRUPLW\ WHERE WE ARE Haitong Bank, S.A. | 1 CHAIRMAN AND CEO’S REVIEW Wu Min | CEO Lin Yong | Chairman We are now moving up a gear towards a new era as Haitong Bank becomes a Strategic Reserve for the whole Group! ,W LV ZLWK HQRUPRXV VDWLVIDFWLRQ WKDW ZH DQQRXQFH )LQDOO\ ZLWK UHVSHFW WR FDSLWDO IROORZLQJ WKH +DLWRQJ %DQN¶V IXOO \HDU UHVXOWV $IWHU 6KDUHKROGHU FDSLWDO VXSSRUW WKURXJKRXW ODVW \HDU FRQVHFXWLYH\HDUVRIORVVHVZHDUHSURXGWRKDYH ZHUHPDLQRQHRIWKHVWURQJHVWFDSLWDOLVHGEDQNVLQ UHDFKHGSURILWDELOLW\ WKHLQGXVWU\ZLWKD&(7UDWLRRIDQGD7RWDO &DSLWDOUDWLRRI :KDWZDVDQDUUDWLYHRQH\HDUDJRLVQRZDUHDOLW\ :H KDYH GHOLYHUHG LQ FUHDWLQJ WKH IRXQGDWLRQV IRU 7KLV FDSLWDO SRVLWLRQ DOORZV +DLWRQJ %DQN WR EH WKH %DQN¶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¶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| 2018 Annual Report Delivering Our Strategy Over the past year Haitong Bank has progressed in the implementation of its strategy: to leverage on the opportunities emerging from China’s internationalization, combining expertise in Europe and LatAm with Group cross-border origination. Haitong Bank has significantly improved Operating Income, Costs and Capital Position. Banking Income Operationg Costs Capital 43% 38% 22.9% ,QFUHDVHG 5HGXFWLRQ &(7UDWLR WUDQVLWLRQDO Haitong Bank, S.A. | 3 HAITONG BANK’S MANAGEMENT VECTORS 4 | 2018 Annual Report DRIVING PERFORMANCE WITH INTEGRITY AND MERITOCRACY Haitong Bank, S.A. | 5 Product 09 6WUXFWXUHG)LQDQFH 10 0HUJHUVDQG$FTXLVLWLRQV 13 &DSLWDO0DUNHWV 18 $VVHW0DQDJHPHQW 19 ),&& 21 3ULYDWH(TXLW\ 22 (TXLWLHV5HVHDUFK HaitongH Bank’s product range is tailored to meet the Corporate and Institutional Clients’ needs in DCM, M&A Advisory, FICC and Structured Finance solutions.s. Haitong Bank, S.A. | 7 PRODUCT Product Offering Haitong Bank’s product offering has been simplified, focusing on core competences serving Corporate and Institutional clients in cross-border China-related transactions and in the domestic markets in Europe and LatAm. 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