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 Jiujiang Co., Ltd.*, you should at once hand this circular, together with the form(s) of proxy and the reply slip(s) 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 purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities. Distribution of this circular into jurisdictions other than Hong Kong may be restricted by law. Persons into whose possession this circular comes should inform themselves of and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. Neither this circular nor any copy thereof may be released into or distributed in the United States or any other jurisdiction where such release or distribution might be unlawful. The Offshore Preference Shares and the H Shares issuable upon conversion of the Offshore Preference Shares have not been and will not be registered under the U.S. Securities Act of 1933 (the “U.S. Securities Act”) or the securities laws of any State of the United States or other jurisdiction, and the Offshore Preference Shares may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable State or local securities laws. There is no intention to register any portion of any securities described herein in the United States or to conduct a public offering of securities in the United States.

Bank of Jiujiang Co., Ltd.* 九江銀行股份有限公司* (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock code: 6190) 2020 REPORT OF THE BOARD OF DIRECTORS 2020 REPORT OF THE BOARD OF SUPERVISORS 2020 ANNUAL REPORT 2020 EVALUATION REPORT OF DIRECTORS AND SENIOR MANAGEMENT FROM THE BOARD OF DIRECTORS 2020 EVALUATION REPORT OF DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT FROM THE BOARD OF SUPERVISORS 2020 EVALUATION REPORT OF SHAREHOLDERS 2020 FINAL FINANCIAL ACCOUNTS 2021 FINANCIAL BUDGET PLAN 2020 PROFIT DISTRIBUTION PLAN ENGAGEMENT OF 2021 ACCOUNTING FIRMS PROPOSED ELECTION OF MR. SHI ZHISHAN AS THE NON-EXECUTIVE DIRECTOR OF THE SIX SESSION OF THE BOARD OF DIRECTORS OF THE BANK 2020 SPECIAL REPORT ON RELATED PARTY TRANSACTIONS ESTIMATE AMOUNT OF THE RECURRING RELATED PARTY TRANSACTIONS FOR THE YEAR 2021 2021 CAPITAL EXPENDITURE BUDGET REPORT OF THE BANK AMENDMENTS TO THE EQUITY PLEDGE MANAGEMENT MEASURES OF BANK OF JIUJIANG CO., LTD.* REPLENISHMENT OF OTHER TIER-ONE CAPITAL THROUGH A CONVERTIBLE NEGOTIATED DEPOSIT NOTICE OF THE 2020 ANNUAL GENERAL MEETING AND NOTICE OF THE 2021 FIRST H SHAREHOLDERS CLASS MEETING

The Letter from the Board is set out on pages 4 to 13 of this circular. The AGM will be held at 10:00 a.m. on Friday, 25 June 2021 at the Conference Room on 4th Floor, Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, the PRC, the 2021 First Domestic Shareholders Class Meeting will be held at the Conference Room on 4th Floor, Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, the PRC on the same day immediately after the conclusion of the AGM, and the 2021 First H Shareholders Class Meeting will be held at the Conference Room on 4th Floor, Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, the PRC on the same day immediately after the conclusion of the 2021 First Domestic Shareholders Class Meeting. The notice of the AGM and the notice of the 2021 First H Shareholders Class Meeting are set out on pages 45 to 51 of this circular and were despatched on 11 May 2021. If you intend to attend the AGM and/or the 2021 First H Shareholders Class Meeting (in person or by proxy), you are required to complete the reply slip(s) which were despatched by the Bank on 11 May 2021 in accordance with the instructions printed thereon and deliver the reply slip(s) to the H Share Registrar of the Bank, Computershare Hong Kong Investor Services Limited (for the H Shareholders) or the office of the Board of Directors of the Bank (for the Domestic Shareholders) on or before Saturday, 5 June 2021. Whether or not you intend to attend and/or vote at the AGM and/or the 2021 First H Shareholders Class Meeting in person, you are required to complete the form(s) of proxy in accordance with the instructions printed on the Revised Proxy Form for the AGM and the Proxy Form for the 2021 First H Shareholders Class Meeting and deliver the proxy form(s) to the H Share Registrar of the Bank, Computershare Hong Kong Investor Services Limited (for the H Shareholders) or the office of the Board of Directors of the Bank (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 and/or the 2021 First H Shareholders Class Meeting or not less than 24 hours before the scheduled time for the holding of any adjournment thereof. Completion and return of the Revised Proxy Form for the AGM and the Proxy Form for the 2021 First H Shareholders Class Meeting will not preclude you from attending in person or voting at the AGM and/or the 2021 First H Shareholders Class Meeting or any adjournment thereof should you so wish. 4 June 2021

* Bank of Jiujiang 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 ...... 1

LETTER FROM THE BOARD ...... 4

APPENDIX I － 2020 EVALUATION REPORT OF DIRECTORS AND SENIOR MANAGEMENT FROM THE BOARD OF DIRECTORS ...... 14

APPENDIX II － 2020 EVALUATION REPORT OF DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT FROM THE BOARD OF SUPERVISORS ...... 21

APPENDIX III － 2020 EVALUATION REPORT OF SHAREHOLDERS ...... 32

APPENDIX IV － 2020 SPECIAL REPORT ON RELATED PARTY TRANSACTIONS ... 36

APPENDIX V － ESTIMATE AMOUNT OF THE RECURRING RELATED PARTY TRANSACTIONS FOR THE YEAR 2021 ...... 39

APPENDIX VI － EXPLANATION TABLE ON THE PROPOSED AMENDMENTS TO THE EQUITY PLEDGE MANAGEMENT MEASURES OF BANK OF JIUJIANG CO., LTD.* ...... 40

NOTICE OF THE 2020 ANNUAL GENERAL MEETING ...... 45

NOTICE OF THE 2021 FIRST H SHAREHOLDERS CLASS MEETING ...... 49

- i - DEFINITIONS

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

“AGM” The 2020 AGM of the Bank to be held at 10:00 a.m. on Friday, 25 June 2021 at the Conference Room on 4th Floor, Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, the PRC

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

“Bank” Bank of Jiujiang Co., Ltd.* (九江銀行股份有限公司*), a joint stock company incorporated on 17 November 2000 in Jiangxi Province, China with limited liability in accordance with PRC laws and regulations and, if the context requires, includes its predecessors, subsidiaries, 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

“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)

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

“Class Meetings” The 2021 First Class Meeting for Domestic Shareholders and the 2021 First Class Meeting for H Shareholders of the Bank to be held immediately following the conclusion of the AGM, on Friday, 25 June 2021 at the Conference Room on 4th Floor, Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, the PRC

“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

- 1 - DEFINITIONS

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

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

“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

“Latest Practicable Date” 4 June 2021, being the latest practicable date for ascertaining certain information contained in this circular prior to its publication

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

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

“Ordinary Share(s)” or “Share(s)” ordinary shares of par value of RMB1.00 each in the Bank’s share capital, including Domestic Shares and H Shares

“Other Tier-One Capital" as defined by the Administrative Measures for the Capital of Commercial Banks (Trial) issued by the CBIRC on 7 June 2012 and effective on 1 January 2013

“RMB” Renminbi, the lawful currency of the PRC

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

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

“Jiujiang SASAC” the Stated-owned Assets Supervision and Administration Commission of Jiujiang

“State Council” the State Council of the People's Republic of China

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

“2021 First Domestic Shareholders the First Domestic Shareholders Class Meeting of 2021 of the Bank Class Meeting” to be held immediately following the conclusion of the AGM on Friday, 25 June 2021 at the Conference Room on 4th Floor, Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, the PRC

- 2 - DEFINITIONS

“2021 First H Shareholders Class the First H Shareholders Class Meeting of 2021 of the Bank to be Meeting” held immediately following the conclusion of the AGM and the 2021 First Domestic Shareholders Class Meeting on Friday, 25 June 2021 at the Conference Room on 4th Floor, Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, the PRC

“%” 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.

- 3 - LETTER FROM THE BOARD

Bank of Jiujiang Co., Ltd.* 九江銀行股份有限公司* (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock code: 6190)

Executive Directors: Registered office in the PRC: Mr. LIU Xianting (Chairman) Bank of Jiujiang Mansion Mr. PAN Ming (Vice Chairman) No. 619 Changhong Avenue Lianxi District, Jiujiang Non-executive Directors: Jiangxi Province, the PRC Mr. ZENG Huasheng Mr. ZHANG Jianyong Principal place of business in Hong Mr. LI Jianbao Kong: 40/F, Dah Sing Financial Centre Independent non-executive Directors: 248 Queen’s Road East Mr. CHUA Alvin Cheng-Hock Wanchai, Hong Kong Ms. GAO Yuhui Mr. QUAN Ze Mr. YANG Tao

To the Shareholders,

2020 REPORT OF THE BOARD OF DIRECTORS 2020 REPORT OF THE BOARD OF SUPERVISORS 2020 ANNUAL REPORT 2020 EVALUATION REPORT OF DIRECTORS AND SENIOR MANAGEMENT FROM THE BOARD OF DIRECTORS 2020 EVALUATION REPORT OF DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT FROM THE BOARD OF SUPERVISORS 2020 EVALUATION REPORT OF SHAREHOLDERS 2020 FINAL FINANCIAL ACCOUNTS 2021 FINANCIAL BUDGET PLAN 2020 PROFIT DISTRIBUTION PLAN ENGAGEMENT OF 2021 ACCOUNTING FIRMS PROPOSED ELECTION OF MR. SHI ZHISHAN AS THE NON-EXECUTIVE DIRECTOR OF THE SIX SESSION OF THE BOARD OF DIRECTORS OF THE BANK 2020 SPECIAL REPORT ON RELATED PARTY TRANSACTIONS ESTIMATE AMOUNT OF THE RECURRING RELATED PARTY TRANSACTIONS FOR THE YEAR 2021 2021 CAPITAL EXPENDITURE BUDGET REPORT OF THE BANK AMENDMENTS TO THE EQUITY PLEDGE MANAGEMENT MEASURES OF BANK OF JIUJIANG CO., LTD.* REPLENISHMENT OF OTHER TIER-ONE CAPITAL THROUGH A CONVERTIBLE NEGOTIATED DEPOSIT NOTICE OF THE 2020 ANNUAL GENERAL MEETING AND NOTICE OF THE 2021 FIRST H SHAREHOLDERS CLASS MEETING

- 4 - LETTER FROM THE BOARD

I. INTRODUCTION

The AGM of the Bank will be held at 10:00 a.m. on Friday, 25 June 2021. Fifteen ordinary resolutions and one special resolution will be put forward at the AGM for the Shareholders to consider and approve, as appropriate:

ORDINARY RESOLUTIONS

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

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

3. To consider and approve the 2020 Annual Report of the Bank;

4. To consider and approve the 2020 Evaluation Report of Directors and Senior Management from the Board of Directors of the Bank;

5. To consider and approve the 2020 Evaluation Report of Directors, Supervisors and Senior Management from the Board of Supervisors of the Bank;

6. To consider and approve the 2020 Evaluation Report of Shareholders of the Bank;

7. To consider and approve the 2020 Final Financial Accounts of the Bank;

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

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

10. To consider and approve the proposal in relation to engagement of 2021 accounting firms;

11. To consider and approve the proposal in relation to proposed election of Mr. Shi Zhishan as the non-executive Director of the sixth session of the Board of Directors of the Bank;

12. To consider and approve the 2020 Special Report on Related Party Transactions of the Bank;

13. To consider and approve the proposal in relation to estimate amount of the recurring related party transactions of the Bank for the year 2021;

14. To consider and approve the proposal in relation to 2021 capital expenditure budget report of the Bank;

15. To consider and approve the proposal in relation to the amendments to the Equity Pledge Management Measures of Bank of Jiujiang Co., Ltd.*;

- 5 - LETTER FROM THE BOARD

SPECIAL RESOLUTION

16. To consider and approve the proposal in relation to the replenishment of other tier-one capital through a convertible negotiated deposit of the Bank.

In addition, the Class Meetings of the Bank will be held on Friday, 25 June 2021 immediately following the conclusion of the AGM. One special resolution will be put forward at the Class Meetings for the Shareholders to consider and approve, as appropriate:

To consider and approve the proposal in relation to the replenishment of other tier-one capital through a convertible negotiated deposit of the Bank.

The purpose of this circular is to provide you with details of the aforementioned proposals to be considered at the AGM and the Class Meetings. The notice of the AGM and the notice of the 2021 First H Shareholders Class Meeting are set out on pages 45 to 51 of this circular and were despatched on 11 May 2021.

II. PROPOSED MATTERS FOR THE AGM AND THE CLASS MEETINGS

1. 2020 Report of the Board of Directors

An ordinary resolution will be proposed at the AGM to approve the 2020 Report of the Board of Directors. For the main content of the 2020 Report of the Board of Directors, please refer to the 2020 annual report of the Company to be published on the Company’s website and the Stock Exchange’s website in due course.

2. 2020 Report of the Board of Supervisors

An ordinary resolution will be proposed at the AGM to approve the 2020 Report of the Board of Supervisors. For the main content of the 2020 Report of the Board of Supervisors, please refer to the 2020 annual report of the Company to be published on the Company’s website and the Stock Exchange’s website in due course.

3. 2020 Annual Report

An ordinary resolution will be proposed at the AGM to approve the 2020 annual report. For the main content of the 2020 annual report, please refer to the 2020 annual report of the Company to be published on the Company’s website and the Stock Exchange’s website in due course.

4. 2020 Evaluation Report of Directors and Senior Management from the Board of Directors

An ordinary resolution will be proposed at the AGM to approve the 2020 Evaluation Report of Directors and senior management from the Board of Directors. For the main content of the 2020 Evaluation Report of Directors and senior management from the Board of Directors, please refer to Appendix I to this circular.

- 6 - LETTER FROM THE BOARD

5. 2020 Evaluation Report of Directors, Supervisors and Senior Management from the Board of Supervisors

An ordinary resolution will be proposed at the AGM to approve the 2020 Evaluation Report of Directors, Supervisors and senior management from the Board of Supervisors. For the main content of the 2020 Evaluation Report of Directors, Supervisors and senior management from the Board of Supervisors, please refer to Appendix II to this circular.

6. 2020 Evaluation Report of Shareholders

An ordinary resolution will be proposed at the AGM to approve the 2020 Evaluation Report of Shareholders. For the main content of the 2020 Evaluation Report of Shareholders, please refer to Appendix III to this circular.

7. 2020 Final Financial Accounts

An ordinary resolution will be proposed at the AGM to approve the 2020 Final Financial Accounts. The 2020 Final Financial Accounts of the Bank (the parent company) are as follows:

(1) Assets, liabilities and equity attributable to the owners of the Bank

At the end of 2020, the total assets amounted to RMB415,794 million, representing an increase of 14.43% over the beginning of the year, of which: the balance of various loans amounted to RMB210,440 million, representing an increase of 17.92% over the beginning of the year. At the end of the year, the liabilities amounted to RMB389,165 million, representing an increase of 15.11% over the beginning of the year, of which: the balance of various deposits amounted to RMB313,805 million, representing an increase of 22.93% over the beginning of the year; the daily average balance of various deposits of the Bank amounted to RMB279,341 million, representing an increase of RMB43,443 million or 18.42% over the beginning of the year. The Shareholders’ equity amounted to RMB26,628 million, representing an increase of 5.02% over the beginning of the year.

(2) Profit or loss

In 2020, the Bank realized operating income of RMB10,192 million, including: net interest income of RMB7,861 million, net fee and commission income of RMB624 million, gains on investments of RMB1,561 million; the Bank recorded operating expenditure for the year of RMB8,068 million, including: operating expenses of RMB2,886 million, impairment losses on assets of RMB5,182 million. The Bank achieved total profit of RMB2,138 million, income tax expenses of RMB428 million and net profit of RMB1,710 million.

(3) Main operating indicators accomplished at the end of 2020

(a) Capital adequacy ratio was 10.71%, exceeding the CBIRC’s regulatory requirement of 10.5%;

- 7 - LETTER FROM THE BOARD

(b) Reserve coverage rate of non-performing loans was 159.91%, representing a decrease of 22.43 percentage points from the same period of last year;

(c) Non-performing loan ratio was 1.55%, representing a decrease of 0.16 percentage point from the same period of last year;

(d) Concentration ratio of single loan was 1.04%, representing an increase of 0.03 percentage points from the same period of last year;

(e) Return on assets was 0.44%, representing a decrease of 0.12 percentage point from the same period of last year;

(f) Return on capital was 6.58%, representing a decrease of 1.11 percentage point from the same period of last year.

8. 2021 Financial Budget Plan

An ordinary resolution will be proposed at the AGM to approve the 2021 Financial Budget Plan.

In accordance with the needs of strategic development and business expansion of the Bank, the 2021 Financial Budget Plan of the Company is as follows:

(1) Capital budget: in 2021, the Bank is expected to issue RMB7.0 billion of perpetual bonds.

(2) Budget for assets and liabilities scales: subject to the receipt of supplement capital, the assets of the Bank will exceed RMB447 billion, and the growth rate of the assets will reach around 10%, of which the balance of the loan will exceed RMB233.5 billion, up over RMB30 billion or 14%; if the supplement capital is insufficient, the budget will be adjusted accordingly. The deposits are expected to exceed RMB317 billion, up 7% throughout the year; the daily average deposit is expected to exceed RMB300 billion, up RMB35 billion or 12%.

(3) Budget for revenue and profit before taxation: the operating income of the Bank is expected to reach RMB10.5 billion, up 4.25%; the operation and management fees will be controlled within RMB2.95 billion; the profit before provision will reach over RMB7.1 billion, representing a slight increase as compared to that of last year.

(4) Major regulatory indicators meet regulatory requirements.

9. 2020 Profit Distribution Plan

An ordinary resolution will be proposed at the AGM to approve the 2020 profit distribution plan.

- 8 - LETTER FROM THE BOARD

The Bank’s financial report for the year of 2020 has been reviewed and approved by KPMG and KPMG Huazhen LLP. The profit distribution plan for the year of 2020 of the Bank (parent company) is reported as follows:

In 2020, the Bank realized total profit of RMB2,031.5254 million, income tax expenses of RMB378.4286 million and net profit of RMB1,653.0968 million. Based on the above, the profit distribution plan is as follows:

(1) Appropriate to statutory surplus reserve, being 10% of after-tax profit;

(2) Maintain general provision, being 1.5% of the balance of risk assets at the end of the year;

(3) Appropriate to discretionary surplus reserve, being 10% of the after-tax profit;

(4) Based on the total share capital of 2,407,367,200 Shares at the end of 2020, a cash dividend of RMB1 (tax inclusive) will be distributed for every 10 Shares;

(5) The rest of the undistributed profit will be carried over to the next year.

10. Engagement of 2021 Accounting Firms

An ordinary resolution will be proposed at the AGM to approve the engagement of 2021 accounting firms.

The Board is proposed to re-appoint KPMG Huazhen LLP as the domestic financial report auditor of the Bank for the year of 2021, and to re-appoint KPMG as the overseas financial report auditor of the Bank for the year of 2021.

11. Proposed Election of Mr. Shi Zhishan as the Non-executive Director of the Sixth Session of the Board of Directors of the Bank

An ordinary resolution will be proposed at the AGM to approve the proposed election of Mr. Shi Zhishan as the non-executive Director of the sixth session of the Board of Directors of the Bank.

Reference is made to the announcement of the Bank dated 30 March 2021 in relation to (among others) the proposed election of non-executive Director. The Board has resolved to propose the election of Mr. Shi Zhishan as the non-executive Director of the sixth session of the Board of Directors of the Bank at the Board meeting held on 30 March 2021. Mr. Shi Zhishan confirmed that he had no object to his nomination.

The biographical details of Mr. Shi Zhishan to be disclosed pursuant to Rule 13.51(2) of the Listing Rules are set out as follows:

- 9 - LETTER FROM THE BOARD

Mr. Shi Zhishan, aged 43, served as an appraisal manager of China Consultants of Accounting and Financial Management Co., Ltd. (中華財務會計諮詢有限公司) from June 2005 to May 2006; an appraisal manager of Beijing Zhongxing Xinshiji Accountant Office (北京中興新世紀會計事務所有 限公司) from May 2006 to August 2007; and a senior appraisal manager of China Appraisal Associates* (北京中天華資產評估有限責任公司) from August 2007 to November 2008. He successively served as a senior manager, an assistant to the head, the head of capital operation department of Beijing Automotive Group Co., Ltd. (北京汽車集團有限公司) from November 2008 and July 2013; he successively served as the deputy general manager, the Party Committee Secretary and the general manager of BAIC Group Industrial Investment Co., Ltd. (北京汽車集團產業投資有 限公司) from July 2013 to March 2021; and the Party Committee Secretary and the executive director of BAIC Group Industrial Investment Co., Ltd. (北京汽車集團產業投資有限公司) since March 2021.

Mr. Shi Zhishan is a registered asset valuer. He graduated from Central University of Finance and Economics in 2010 and obtained an MBA degree.

If Mr. Shi Zhishan is elected as a non-executive Director of the Bank at the AGM, the Bank will enter into a service contract with him. Mr. Shi will not receive any remuneration from the Bank. The term of office of Mr. Shi will be from the date of approval of his directorship by the China banking and insurance regulatory authority to the date of expiration of the sixth session of the Board of Directors. According to relevant laws and regulations and the Articles of Association, the Directors of the Bank shall serve a term of three years, and the term of a Director is renewable by re-election after its expiry.

Save as disclosed above, as at the Latest Practicable Date, Mr. Shi Zhishan has confirmed that (i) he did not hold any other directorships in any public companies listed in Hong Kong or overseas in the past three years or hold any other positions within the Bank and its subsidiaries; (ii) he does not have any relationship with any Directors, Supervisors, senior management, substantial Shareholders or controlling Shareholders of the Bank; (iii) he is not interested 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)); and (iv) there are no other matters with respect to his appointment that need to be notified to the Shareholders of the Bank and there is no other information that needs to be disclosed pursuant to the provisions of Rule 13.51(2) of the Listing Rules or any other matters that need to be brought to the attention of the Shareholders of the Bank or the Stock Exchange.

12. 2020 Special Report on Related Party Transactions

An ordinary resolution will be proposed at the AGM to approve the 2020 Special Report on Related Party Transactions. For the main content of the 2020 Special Report on Related Party Transactions, please refer to Appendix IV to this circular.

- 10 - LETTER FROM THE BOARD

13. Estimate Amount of the Recurring Related Party Transactions for the Year 2021

An ordinary resolution will be proposed at the AGM to approve the estimate amount of the recurring related party transactions for the year 2021. For the main content of the estimate amount of the recurring related party transactions for the year 2021, please refer to Appendix V to this circular.

14. 2021 Capital Expenditure Budget Report of the Bank

An ordinary resolution will be proposed at the AGM to approve 2021 capital expenditure budget report of the Bank.

The additional capital expenditure budget for 2021 amounted to RMB508 million in terms of project approval, representing a decrease of RMB329 million as compared with the utilized amount of last year, which mainly comprises of purchase or construction of properties, renovation project and auxiliary furniture, software project and IT hardware equipment, etc.

15. Amendments to the Equity Pledge Management Measures of Bank of Jiujiang Co., Ltd.*

An ordinary resolution will be proposed at the AGM to approve amendments to the Equity Pledge Management Measures of Bank of Jiujiang Co., Ltd.*.

In order to further regulate the equity pledge of the Bank, protect the legitimate rights and interests of the Bank, its depositors and other clients and safeguard the legitimate interests of its Shareholders, the Bank is proposed to amend the Equity Pledge Management Measures of Bank of Jiujiang Co., Ltd.* based on its actual situation. For details of the amendment to the Equity Pledge Management Measures of Bank of Jiujiang Co., Ltd.*, please refer to Appendix VI to this circular.

16. Replenishment of Other Tier-One Capital Through A Convertible Negotiated Deposit

The contents of this resolution is still under preparation and will be set out in supplemental circular to be disclosed soon.

III. AGM AND CLASS MEETINGS

The AGM of the Bank will be held at 10:00 a.m. on Friday, 25 June 2021 at the Conference Room on 4th Floor, Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, PRC, and the Class Meetings will be held at the Conference Room on 4th Floor, Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, the PRC on the same day immediately after the conclusion of the AGM to consider and, if thought fit, to approve the proposed matters as set out in the relevant notices. The notice of the AGM and the notice of the 2021 First H Shareholders Class Meeting are set out on pages 45 to 51 of this circular and were despatched on 11 May 2021.

If you intend to attend the AGM and/or the 2021 First H Shareholders Class Meeting in person or by proxy, you should complete the reply slip(s) in accordance with the instructions printed thereon. The respective reply slips for the AGM and the 2021 First H Shareholders Class Meeting were despatched on 11 May 2021.

- 11 - LETTER FROM THE BOARD

Whether or not you intend to attend and/or vote the AGM and/or the 2021 First H Shareholders Class Meeting in person or by proxy, you should complete the proxy form(s) in accordance with the instructions printed thereon. Completion and return of the proxy form(s) will not preclude you from attending in person or voting at the AGM and/or the 2021 First H Shareholders Class Meeting or any adjournment thereof should you so wish.

IV. 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 way of poll. As such, the chairman of the meeting will request a poll for each resolution proposed at the AGM and the Class Meetings.

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

V. CLOSURE OF THE REGISTER OF MEMBERS AND THE ELIGIBILITY FOR ATTENDING AND VOTING AT THE AGM AND 2021 FIRST H SHAREHOLDERS CLASS MEETING

The Bank’s register of members will be closed from Wednesday, 26 May 2021 to Friday, 25 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 Friday, 25 June 2021 are entitled to attend and vote at the AGM, and H Shareholders whose names appear on the register of members of the Bank on Friday, 25 June 2021 are entitled to attend and vote at the 2021 First H Shareholders Class Meeting.

For a holder of the Shares of the Bank to be eligible for attending and voting at the AGM, all completed and signed share 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 Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, the PRC (for the holders of the Domestic Shares) not later than 4:30 p.m. on Tuesday, 25 May 2021 for registration.

For a holder of the H Shares of the Bank to be eligible for attending and voting at the 2021 First H Shareholders Class Meeting, all completed and signed share transfer documents (together with the relevant share certificates) and other appropriate documents of the holders of the H 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 not later than 4:30 p.m. on Tuesday, 25 May 2021 for registration.

VI. ARRANGEMENT ON DIVIDEND DISTRIBUTION

The Board of Directors of the Bank has recommended the distribution of a final cash dividend of RMB1 (tax inclusive) per ten shares for the year ended 31 December 2020, approximately amounting to a total of RMB240.74 million (tax inclusive). Subject to approval of the proposal at the AGM, the dividend will be paid to Domestic Shareholders and H Shareholders whose names appear on the register of members

- 12 - LETTER FROM THE BOARD of the Bank on Thursday, 8 July 2021. The dividend is expected to be paid on Friday, 20 July 2021. The proposed dividends payable are denominated in RMB, and will be paid to Domestic Shareholders in RMB and H Shareholders in Hong Kong dollars. Calculation of the exchange rate for dividends payable in Hong Kong dollars will be based on the average exchange rate of RMB to Hong Kong dollars as announced by the People’s Bank of China on five working days preceding the date of declaration of the dividend at the AGM (including the date of the AGM).

VII. CLOSURE OF REGISTER OF MEMBERS AND ELIGIBILITY FOR FINAL DIVIDEND DISTRIBUTION

The register of members of the Bank will be closed from Saturday, 3 July 2021 to Thursday, 8 July 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 Thursday, 8 July 2021 are entitled to the final dividend distribution. For a holder of the shares of the Bank to be eligible for the final dividend distribution, all completed and signed share 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 Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, the PRC (for the holders of the Domestic Shares) not later than 4:30 p.m. on Friday, 2 July 2021 for registration.

VIII. RECOMMENDATIONS

The Board (including the independent non-executive Directors) considers that all resolutions to be proposed at the AGM and the Class Meetings 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 and the Class Meetings.

IX. OTHER INFORMATION

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

By order of the Board Bank of Jiujiang Co., Ltd.* Liu Xianting Chairman

Jiangxi, the PRC 4 June 2021

* Bank of Jiujiang 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.

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In order to further enhance the corporate governance level of Bank of Jiujiang Co., Ltd.* (the “Bank”), strengthen the supervision and restraint of Directors and senior management, and urge them to be diligent and efficiently performance of duties, pursuant to the legal regulations including the Company Law, the Corporate Governance Guidelines for Commercial Banks, the Articles of Association of Bank of Jiujiang Co., Ltd.* and the Measures for the Evaluation by the Board of the Performance of Duties of Directors and Senior Management of Bank of Jiujiang Co., Ltd.*, the evaluation of the performance of duties of directors and senior management of the Bank in 2020 is as follows:

I. SCOPE OF EVALUATION

The report is about evaluation of performance of duties of Directors and senior management (who had taken office for half a year or above as of the end of 2020) during 2020 (from 1 January 2020 to 31 December 2020, hereinafter referred to as the “reporting period”).

II. EVALUATION OF THE DIRECTORS’ PERFORMANCE OF DUTIES

(i) Compliance Evaluation

During the reporting period, the Directors of the Bank performed their duties in accordance with laws and regulations. Firstly, all Directors were selected and appointed according to the requirements specified in the Measures for Management of Administrative License of Chinese-funded Commercial Banks with necessary professional qualification and professional ethics to continuously perform their duties. Secondly, all Directors fulfilled their obligations of good faith with due diligence in accordance with the requirements of relevant laws, regulations, rules and the Articles of Association of the Bank, as well as relevant provisions of the Measures for the Evaluation by the Board of the Performance of Duties of Directors and Senior Management of Bank of Jiujiang Co., Ltd.* and safeguarded the interests of the Bank and all Shareholders. Thirdly, all Directors exercised their rights within the scope of their duties and powers. During the reporting period, it was found out that all Directors did not exercise any rights beyond the scope of their duties and powers, seek any private interests, infringe on any interests or reputation of the Bank or privately disclose any confidential information obtained during their tenure of office.

(ii) Initiative Evaluation

During the reporting period, the directors of the Bank took the initiative to perform their duties. Firstly, they took an active part in the training organized by the Bank, regularly read various operating reports, financial reports and reports related to risk management of the Bank, and fully grasped the evaluation of the Bank by external auditors and regulators. Secondly, they improved the related information as required. All directors were able to continuously update their related party information in accordance with laws and regulations and the requirements of the Bank. Thirdly, they made a faithful disclosure of their principal and part-time positions in the Bank. During the reporting period, no director of the Bank served as a director of any financial institution other than the Bank where conflicts of interest may arise. Fourthly, they were able to make active efforts to safeguard the image and interests of the Bank.

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(iii) Sufficiency Evaluation

1. Attendance of meetings and performance of duties

During the reporting period, all Directors actively attended the Board meetings and the special committees of the Bank, carefully reviewed the proposals prior to the meetings, attended the meetings on time, expressed opinions and exercised their voting rights in accordance with the law. During the reporting period, the Board of the Bank held a total of 9 meetings at which 96 proposals were considered and approved. The attendance rate of Directors was 100%, and the average rate of their in-person attendance was 98.15%; The Board of the Bank held a total of 31 meetings of special committees at which 87 proposals were considered and approved, with a 100% attendance rate and a 100% in-person attendance rate. During the reporting period, the Directors were able to personally attend at least two- thirds of the Board meetings and did not fail to attend two consecutive Board meetings in person. Those who were unable to attend due to certain reason have authorized other Directors of the same class to attend on their behalf.

Table 1: Statistical Table of Attendance at the Meeting of the Fifth Session of the Board

Attendance at the Board meetings Attendance at various special committee meetings Number of Number of Number of Number of Attendance Attendance Number of Number of Attendance Attendance Scheduled Attendance by Way of Attendance Rate in Scheduled Attendance by Way of Attendance Rate in Directors Attendance in Person Proxy Rate Person Attendance in Person Proxy Rate Person LIU Xianting 3 3 0 100% 100% 2 2 0 100% 100% PAN Ming 3 3 0 100% 100% 4 4 0 100% 100% ZENG Huasheng 3 3 0 100% 100% 3 3 0 100% 100% ZHANG Jianyong 3 3 0 100% 100% 3 3 0 100% 100% LI Jianbao 3 3 0 100% 100% 2 2 0 100% 100% CHUA Alvin Cheng- Hock 3 3 0 100% 100% 4 4 0 100% 100% GAO Yuhui 3 3 0 100% 100% 4 4 0 100% 100% QUAN Ze 3 3 0 100% 100% 4 4 0 100% 100% YANG Tao 3 3 0 100% 100% 4 4 0 100% 100% Average attendance rate 100% 100% Average attendance rate 100% 100%

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Table 2: Statistical Table of Attendance at the Meeting of the Sixth Session of the Board

Attendance at the Board meetings Attendance at various special committee meetings Number of Number of Number of Number of Attendance Attendance Number of Number of Attendance Attendance Scheduled Attendance by Way of Attendance Rate in Scheduled Attendance by Way of Attendance Rate in Directors Attendance in Person Proxy Rate Person Attendance in Person Proxy Rate Person LIU Xianting 6 5 1 100% 83.33% 7 7 0 100% 100% PAN Ming 6 6 0 100% 100% 9 9 0 100% 100% ZENG Huasheng 6 6 0 100% 100% 4 4 0 100% 100% ZHANG Jianyong 6 6 0 100% 100% 4 4 0 100% 100% LI Jianbao 6 6 0 100% 100% 3 3 0 100% 100% CHUA Alvin Cheng- Hock 6 6 0 100% 100% 12 12 0 100% 100% GAO Yuhui 6 6 0 100% 100% 12 12 0 100% 100% QUAN Ze 6 6 0 100% 100% 4 4 0 100% 100% YANG Tao 6 6 0 100% 100% 4 4 0 100% 100% Average attendance rate 100% 98.15% Average attendance rate 100% 100%

2. Non-conference performance

(1) Lectures at work. During the reporting period, the directors further enriched the ways to perform their duties and conducted five online lectures, including Review and Outlook of Global Financial Market under the New Situation, Understanding the Changes and Challenges of Financial Technology, Clarifying the Ideal and Reality of Digital Currency, for all the employees of the Bank through the platform of “Lookout - Column of Directors and Supervisors” of Jiuyin Yixue of the Bank. The content covered various professional fields such as global financial market updates, financial technology and digital currency, which stimulated employees’ thinking and broadened their horizon.

(2) Survey. Due to the impact of the pandemic, the Bank implemented a “one strategy for one person” approach and carried out surveys both on-site and off- site. In June 2020, the Bank organized the sixth session of the Board of Directors to conduct on-site survey on the operation and development of Jingdezhen Branch and Jingdezhen Changjiang Jiuyin Village Bank. In August, the Bank organized members of the Risk Committee and independent directors to conduct online survey on the risk management of the Bank; in October, the Bank organized some independent directors to conduct on-site survey on the Bank’s branches in Jingdezhen and Shangrao; in December, the Bank organized some independent directors to conduct off-site survey on the market value management of the Bank. Through the above survey activities, the directors gained a deeper

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understanding of the current business situation of the Bank’s branches, the operation model of village banks, risk management and market value management, which laid the foundation for the proposal of independent and objective professional opinions and suggestions.

3. Opinions overview

During the reporting period, the directors, in the spirit of high responsibility, based on the current situation of the Bank’s development and with an eye on practical issues, and focusing on the consideration of practical problems, carefully reviewed various meetings and study materials, and through thematic research, on-site verification and conference discussions, they obtained a comprehensive grasp of all kinds of information and put forward targeted professional opinions on this basis. A total of 28 opinions were given throughout the year, the most ever, covering risk compliance, audit and internal control, information technology, talent cultivation and other aspects. All the opinions were supervised and implemented in accordance with the requirements of the Measures for Management of Suggestions of the Board of Directors (Board of Supervisors) of Bank of Jiujiang Co., Ltd.* (Trial).

(iv) Performance Evaluation of Independent Non-executive Directors

During the reporting period, independent non-executive Directors of the bank gave full play to their expertise in accounting and finance and their rich experience in practice in accordance with objective, independent and prudent rules of procedures to actively provide opinions and suggestions on matters discussed by the Board, especially major matters, from the perspective of safeguarding the interests of investors and other stakeholders, conscientiously fulfilled their obligations of good faith with due diligence, and expressed independent opinions in accordance with the law on such important issues such as profit distribution proposals, remuneration distribution plans for senior management, major related party transactions, nomination of Directors and provision of external guarantees, which improved the scientificity of Board decision-making.

1. Number of days of performance of duties

The four independent non-executive directors of the Bank were able to perform their duties in accordance with the Corporate Governance Guidelines for Commercial Banks and actively participated in the board meetings and relevant research and training activities.

During the reporting period, the four independent non-executive directors performed their duties for a number of days in compliance with the requirements of the Corporate Governance Guidelines for Commercial Banks and the Articles of Association of the CBIRC.

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2. Independent opinions and suggestions

During the reporting period, the independent non-executive directors of the Bank put forward many valuable opinions for the development of the Bank, and expressed a total of 36 independent opinions and suggestions on major related party transactions, profit distribution plan, appointment and dismissal of senior management and remuneration of senior management, among which, the independent non-executive directors expressed a total of 24 independent opinions on related party transactions to ensure the independence and fairness of the approval of related party transactions and to effectively control the risks that may be brought by related party transactions.

(v) Evaluation Results

Based on the above performance, directors GAO Yuhui and LI Jianbao were evaluated as excellent and other directors were evaluated as competent in accordance with the requirements of the Measures for Evaluation of Performance of Directors and Senior Management by the Board of Directors of Bank of Jiujiang Co., Ltd.*.

According to the relevant remuneration system for Directors of the Bank and based on the above performance of duties, the remuneration arrangement for Directors in 2020 is as follows:

Unit: RMB0'000

Contributions by the employer to social insurance and staff welfares, Contributions Discretionary Deferred housing fund, to Pension Name Fees Salaries bonuses provision Subtotal etc Scheme Other welfares Total(3)

Executive directors LIU Xianting – 591 589 589 1,769 62 69 7 1,907 PAN Ming – 515 539 539 1,593 50 69 7 1,719

Non-executive directors ZENG Huasheng – – – – – – – – – ZHANG Jianyong – – – – – – – – – LI Jianbao – – – – – – – – –

Independent non-executive directors CAI Qingfu 299 – – – 299 – – – 299 GAO Yuhui 299 – – – 299 – – – 299 QUAN Ze 282 – – – 282 – – – 282 YANG Tao 284 – – – 284 – – – 284

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III. EVALUATION OF SENIOR MANAGEMENT’ PERFORMANCE OF DUTIES

(i) Compliance Evaluation

During the reporting period, the number of senior management members evaluated by the Bank was 9, all of whom were able to perform their duties in accordance with laws and regulations. Firstly, all senior management members were selected and appointed according to the requirements specified in the Measures for Implementation of Administrative License of Chinese-funded Commercial Banks with necessary professional qualities and professional ethics to perform their duties. Secondly, all senior management members fulfilled their obligations of good faith with due diligence, complied their undertakings and exercised their rights within the scope of duties and powers and safeguarded the interests and reputation of the Bank in accordance with the requirements of relevant laws, regulations, rules and the Articles of Association of the Bank, as well as relevant provisions of the Measures for the Evaluation by the Board of the Performance of Duties of Directors and Senior Management of Bank of Jiujiang Co., Ltd.*. During the reporting period, the Bank successively facilitated a number of major external inspections such as on-site inspection by the Provincial Audit Department, on-site inspection of risk management and internal control effectiveness by the Jiangxi Banking and Insurance Regulatory Bureau, anti-money laundering inspection by the Nanchang Central Branch of the People’s Bank of China, and inspection by the Fifth Inspection Group of the Municipal Party Committee, etc. The senior management paid high attention and cooperated closely, and all on-site inspections were successfully completed. Thirdly, during the reporting period, none of the senior management was found of private disclosure of any confidential information of the Bank obtained during their tenure of office.

(ii) Initiative Evaluation

During the reporting period, all senior management took the initiative to perform their duties. Firstly, they actively participated in the “read through a book”, the monthly class of the Bank’s leaders, the Bank’s Jiuyin Yixue “Mingde Lecture Hall” platform and other training and learning activities and played an exemplary role to cultivate a strong learning atmosphere in the Bank; secondly, they made timely, complete and truthful reports on the connection with other shareholders, directors and supervisors to the Bank’s Board of Directors and Board of Supervisors on a quarterly basis; thirdly, they made active efforts to safeguard the image and interests of the Bank. During the reporting period, the Bank was awarded the “Core Dealer” and “X-REPO Trading Mechanism Innovation Award” in the interbank local currency market in 2019 and “2019 Top 100 Settlement - Outstanding Self-dealer Award”, and won the award of “Best Progress Institution for Bank Underwriters of Local Bonds” for the first time. The Bank was awarded “Outstanding Unit in the Evaluation of Green Credit Work of Banking Institutions in the Province in 2019 and the title of “Innovative Wealth Management Bank of the Year” in the 2020 China Golden Tripod Awards. The Bank ranked 322nd in the list of “Top 1000 World Banks 2020” released by The Banker magazine in the UK, up 5 places from last year. The Bank ranked 52nd in the list of “Top 100 Chinese Banks 2019” by China Banking Association, up 10 places from last year.

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(iii) Sufficiency Evaluation

During the reporting period, the senior management were able to fully perform their duties. Firstly, in accordance with the requirements of the Board of Directors, they reported to the Board of Directors about the Bank’s operating performance, important contracts, financial status, risk status and business prospect in a timely, accurately and completely manner and submitted to the Board of Directors the Proposal regarding Considering the 2019 Work Report of President of Bank of Jiujiang Co., Ltd.* and the Proposal regarding Considering the Strategic Planning Report of 2019 of Bank of Jiujiang Co., Ltd.*; secondly, in accordance with the requirements of the Board of Directors, they were able to actively implement strategic management, internal control management and risk control, etc., and strengthen the control and implementation of various types of risks in the course of the Bank’s strategy and business development; thirdly, they paid attention to issues such as risk management and non-performing disposal that existed and needed to be improved in the course of the Bank’s development and studied countermeasures; fourthly, they were able to attend the meetings of President’s office on time. During the reporting period, senior management attended a total of 10 meetings of President’s office, considered 96 proposals and expressed opinions.

During the reporting period, the Bank closely followed the work theme of “adjusting business structures, reducing capital consumption, controlling non-performing loans, promoting steady growth, ensuring rigid work style, working hard, focusing on high-quality development and striving to promote the new journey of Digital Jiuyin”, steadily promoted the implementation of the “twelve- word policy” and actively accomplished the strategic objectives.

(IV) Evaluation Result

According to the performance of duties as described above, and pursant to the Measures for the Evaluation of the Performance of Duties of the Directors and Senior Management of Bank of Jiujiang Co., Ltd.*, all senior management were considered qualified in their work.

IV. SELF-EVALUATION AND EXTERNAL EVALUATION OF PERFORMANCE OF DUTIES OF DIRECTORS AND SENIOR MANAGEMENT

According to the relevant provisions of the Measures for the Evaluation of the Performance of Duties of the Directors of Commercial Banks (Trial) issued by the CBIRC, the Bank organized all Directors and senior management to conduct self-evaluation and mutual evaluation on their performances of duties in 2020, and they were all considered qualified.

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I. 2020 EVALUATION REPORT OF DIRECTORS AND SENIOR MANAGEMENT FROM THE BOARD OF SUPERVISORS

According to the requirements of the Corporate Governance Guidelines for Commercial Banks, Work Guidelines on Board of Supervisors of Commercial Banks and the Articles of Association of the Bank, as well as Rules of the Board of Supervisors of the Bank of Jiujiang Co., Ltd.* on Assessment of the Performance of Duties by Directors, Supervisors and Senior Management and its implement rules, the Board of Supervisors evaluated the duty performance of the Board of Directors and its members, senior management and Supervisors of the Bank in 2020 and reported as follows:

(I). Basis of Performance Evaluation

According to the Bank’s performance evaluation methods and implementation rules, the performance evaluation of the Board of Directors and its members in 2020 was based on the following information:

1. Holding of Board meetings and meetings of special committees;

2. Attendance of meetings and opinions expressed by Directors;

3. Attendance of Directors in General Meeting;

4. Participation of Directors in research and training activities organized by the Board of Directors of the Bank;

5. Directors’ reading and feedback of the information provided by the Bank;

6. Working time of independent Directors in the Bank;

7. Annual work report of the Board of Directors and the assessment of the performance of Directors by the Board of Directors.

The evaluation of the performance of senior management and its members in 2020 was based on the following information.

1. Work report of president of the Bank;

2. Assessment results and accountability of senior management and their subordinate departments and offices;

3. Implementation of Directors’ and Supervisors’ opinions or suggestions on supervision orders;

4. Assessment of the performance of senior management by the Board of Directors.

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(II). Evaluation of the Performance of the Board of Directors and its Members

(i) Evaluation of the Board of Directors’ Performance

In 2020, the Board of Directors earnestly performed the responsibilities assigned to it by laws and regulations and the Bank’s Articles of Association in accordance with the work arrangement and was able to exercise its authority, fulfill its obligations in accordance with the law and give play to the role of scientific decision-making and strategic management in the areas of strategic management, compensation management, financial management, profit distribution, capital management, risk management, internal control and case prevention, management of consolidated statements, related party transactions, consumer rights protection, data governance and control, anti-money laundering, information disclosure, and practitioner conduct management. It continuously improved the system of corporate governance, systematically reviewed and revised the Articles of Association, information disclosure practices, equity management and other systems, supervised the implementation of development strategies, reviewed and disclosed financial reports and other information in a timely, accurate and complete manner. Meanwhile, it strengthened risk management, improved the comprehensive risk management system, regularly reviewed the comprehensive risk management report and annual risk appetite, developed risk limit management methods and maintained a good level of market risk and liquidity risk management. The Board of Directors established and improved the stress test management mechanism and effectively enhanced the stress test management capability, enhanced capital management capability and expanded capital replenishment pipeline. It strengthened internal control management and regularly reviewed internal control self-evaluation reports, improved data governance management and promoted digital transformation and data quality improvement, optimized anti-money laundering management policies and procedures and achieved certain results in money laundering risk prevention and control.

(ii) Evaluation of Directors’ Performance

In 2020, the Board of Supervisors evaluated nine persons including two executive Directors (including the chairman and vice chairman), three non-executive Directors and four independent Directors.

According to the evaluation method for the performance of Directors of the Bank, the evaluation of the performance of Directors mainly includes compliance, proactive and adequacy.

1. Compliance evaluation. In 2020, all Directors of the Bank were able to perform their duties in accordance with laws and in compliance. Firstly, all Directors were selected and appointed in accordance with the requirements of the Corporate Governance Guidelines for Commercial Banks. The Directors possessed the required professional quality and ethics to perform their duties and were qualified to serve as Directors. Secondly, the Directors were able to fulfill their obligations of integrity and diligence to the Bank and all shareholders and safeguard the

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interests of the Bank and all shareholders in accordance with the requirements of relevant laws, regulations, rules and the Bank’s Articles of Association, and in compliance with the relevant provisions of Rules of the Board of Supervisors of the Bank of Jiujiang Co., Ltd.* on Assessment of the Performance of Duties by Directors, Supervisors and Senior Management. Thirdly, all Directors were able to exercise their rights within the scope of their authority and were not found to have exercised their rights outside the scope of their authority, sought personal gains, infringed on the Bank’s interests, reputation and privately disclosed the Bank’s secrets acquired during their tenure. Fourthly, no Director was found to have received any punishment or notification from the regulatory agency or other departments.

2. Proactive evaluation. In 2020, firstly, all Directors actively participated in the training organized by the Bank. Secondly, all of them were able to report their association with other shareholders in a timely, complete and truthful manner in accordance with the laws and regulations and the requirements of the Bank. Thirdly, they truthfully informed the Bank of their positions and part-time jobs.

3. Adequacy evaluation. (1) Attendance of meetings. In 2020, all Directors actively attended the Board meetings and meetings of special committees of the Bank, carefully reviewed the proposals before the meetings, attended the meetings on time, expressed their opinions and exercised their voting rights in accordance with the regulations. The Board of Directors held a total of 9 meetings throughout the year, with attendance rate of 100% and average rate of attendance in person of 98.15%. If any directors are unable to attend the meeting for some reason, other Directors of the same category have been entrusted to attend on their behalf. The special committee of the Board of Directors held 31 meetings, with attendance rate in person of 100%. There was no case of “failure to have two-thirds or more Directors attend the Board meetings in person”.

All Directors were able to express their opinions independently, professionally and objectively at the Board meetings. Throughout the year, 28 opinions and suggestions were made, covering risk compliance, audit and internal control, information technology, talent cultivation and other aspects.

(2) Performance Time. In 2020, the independent Directors worked for more than 15 working days, among which CAI Qingfu, chairman of the audit committee, worked for 30 days and GAO Yuhui, chairman of the related party transaction control committee, worked for 27 days, which was in line with the requirements.

(3) Directors’ performance of duties. The executive Directors, LIU Xianting and PAN Ming, were able to report the Bank’s operation and related information to the Board of Directors in a complete, true and timely manner, ensure that the Board of Directors and its members were fully

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informed of the Bank’s operation, strictly implemented the resolutions of the Board of Directors, and continuously improved the operation management, risk management and internal control.

Non-executive Directors ZENG Huasheng, LI Jianbao and ZHANG Jianyong were able to manage the communication between the Bank and its shareholders without putting the shareholders’ own interests above the interests of the Bank and other shareholders. They supported the Bank to improve the management of related party transactions and ensured the legal compliance of related party transactions. They kept a close eye on the implementation of the resolutions of the Board of Director by the senior management.

Independent Directors CAI Qingfu, GAO Yuhui, QUAN Ze and YANG Tao were able to give full play to their expertise and experience in the field, earnestly fulfilled their obligations of integrity and diligence, expressed objective and fair independent opinions and performed their duties independently in the interest of depositors, small and medium shareholders and the Bank as a whole. Throughout the year, they issued 36 independent opinions and recommendations on major related party transactions, profit distribution plans, the appointment and dismissal of senior management, and the remuneration of senior management, among which, 24 independent opinions were issued on related party transactions.

In addition, Directors GAO Yuhui, ZENG Huasheng and LI Jianbao conducted on-site research at branches, Directors CAI Qingfu and QUAN Ze conducted off- site research on the market value management of the Bank, and Directors YANG Tao and CAI Qingfu conducted online lectures for all employees of the Bank on their respective areas of expertise.

(iii) Results of Performance Evaluation

The Board of Supervisors was of the view that the Directors were able to consciously comply with the laws and regulations and the Articles of Association, faithfully and diligently perform their obligations, conscientiously participate in various meetings, fully consider the proposals, clearly put forward their opinions and suggestions, safeguard the interests of the Bank and promote the Bank to fulfill its social responsibilities during the year. The results of evaluation of the Directors’ performance of duties by the Board of Supervisors in 2020 were as follows: Independent Director GAO Yuhui and non-executive Director LI Jianbao were excellent and all other Directors were competent.

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(III). Evaluation of the Performance of Senior Management and its Members

(i) Evaluation of senior management’s performance

In 2020, the senior management of the Bank strictly complied with the laws and regulations and the Bank’s Articles of Association, strictly implemented the regulatory requirements, conscientiously executed the decisions of the Board of Directors and accepted the supervision of the Board of Supervisors. Following the working theme of “adjusting business structures, reducing capital consumption, controlling non-performing loans, promoting steady growth, ensuring rigid work style, working hard, focusing on high-quality development and striving to promote the new journey of Digital Jiuyin”, the senior management steadily promoted the implementation of the “twelve-word principle” and fully accomplished the business objectives set by the Board of Directors.

In 2020, the senior management continued to improve the effectiveness of overall risk control, effectively prevented and resolved credit risk, liquidity risk and market risk, and enhanced risk management through system construction. It timely disposed of and reduced non-performing assets, increased recovery efforts, and achieved key victories in the asset quality defense war. Meanwhile, it further improved the internal control system, implemented capital-constrained asset and liability management, strengthened asset planning and management and guided the transformation and development of capital-light business with initial results. The senior management implemented regulatory requirements for stress testing and enriched the setting of stress scenarios and application of results, continuously promoted data governance, improved data quality, and carried out operational analysis empowerment projects to dig the value of data. It comprehensively consolidated the internal control system of anti-money laundering, deepened and refined the implementation of the requirements of anti- money laundering work, and improved the level of anti-money laundering work. Meanwhile, it continuously increased case prevention efforts, strengthened the monitoring and inspection of employee behavior management, and enhanced employee compliance awareness.

(ii) Evaluation of Senior Management’ Performance

As of the end of 2020, the Bank had 9 members of senior management, namely, PAN Ming, XIAO Jing, WANG Li, HUANG Chaoyang, QI Yongwen, CHEN Luping, XU Cao, CAI Jianhong and WANG Yuanxin.

1. Compliance evaluation. In 2020, the Bank’s senior management performed their duties in compliance with the law. All senior management personnel were elected in accordance with the senior management election and appointment requirements of the Measures for Management of Administrative License of Chinese-funded Commercial Banks and possessed the required professional quality and ethics to perform their duties and were qualified to serve as senior management. Secondly, all senior management was able to perform their duties diligently, faithfully, comply their undertaking, exercise their rights within the scope of their duties and safeguard the interests and reputation of the Bank in

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accordance with the requirements of relevant laws, regulations, rules and the Bank’s Articles of Association, and in compliance with the relevant provisions of the Measures of the Board of Supervisors of Bank of Jiujiang Co., Ltd.* on the Performance Evaluation of Directors, Supervisors and Senior Management. Thirdly, during the reporting period, no senior management was found to have disclosed the Bank’s secrets obtained during his/her tenure without the consent of the General Meeting, sought business opportunities of the Bank for himself/ herself or others, or accepted benefits related to transactions with the Bank.

2. Proactive evaluation. The Bank’s senior management was able to perform their duties proactively in 2020. Firstly, they were able to report to the Board of Directors and the Board of Supervisors of the Bank in a timely, complete and faithful manner on their affiliation with other shareholders and Directors and Supervisors; secondly, they were able to report to the Board of Directors and the Board of Supervisors in a timely, accurate and complete manner on the Bank’s operating performance, important contracts, financial position, risk profile and business conditions as required by the Board of Directors and the Board of Supervisors.

3. Adequacy evaluation. The senior management of the Bank was able to perform their duties adequately in 2020. Firstly, they fully accomplished the business objectives set by the Board of Directors; secondly, they completed their respective work; thirdly, they strictly implemented the resolutions of the General Meeting, the Board of Directors and the Board of Supervisors, and preformed their duties in respect of the operation and management of the Bank under the relevant system in a diligent manner, including but not limited to the implementation of strategic planning, financial management, risk management, internal control, compensation management, capital management, data governance and management, anti-money laundering, consumer rights and interests protection, etc.; fourthly, they were able to actively implement the opinions and suggestions proposed by Directors and Supervisors and give feedback in a timely manner; fifthly, they were able to continuously improve the operation philosophy, risk management and internal control situation based on the actual situation; sixthly, no major risk events, liability accidents or significant losses occurred in the work undertaken by them.

(iii) Results of Performance Evaluation

The Board of Supervisors was of the view that the all senior management personnel consciously complied with laws and regulations and the Bank’s Articles of Association, diligently performed their duties in accordance with the law, strictly implemented the strategic decisions of the Board of Directors, accepted the supervision of the Board of Supervisors and actively safeguarded the interests of the Company, shareholders, employees and other stakeholders during the year. The evaluation result of the Board of Supervisors on the performance of the senior management in 2020 was competent.

- 26 - APPENDIX II 2020 EVALUATION REPORT OF DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT FROM THE BOARD OF SUPERVISORS

II. EVALUATION REPORT OF THE BOARD OF SUPERVISORS ON THE PERFORMANCE OF SUPERVISORS IN 2020

In accordance with the Corporate Governance Guidelines for Commercial Banks, Guidelines on the Work of the Board of Supervisors of Commercial Banks and the Bank’s Articles of Association, based on the Rules of the Board of Supervisors of the Bank of Jiujiang Co., Ltd.* on Assessment of the Performance of Duties by Directors, Supervisors and Senior Management and its implementation rules, the Board of Supervisors evaluated the performance of the Bank’s Board of Supervisors and its members in 2020. The results were reported as follows.

(I). Basis of Performance Evaluation

According to the Bank’s Rules on Assessment of the Performance of Duties and its implementation rules, the evaluation of the performance of the Board of Supervisors and its members in 2020 was based on the following information:

1. Holding of meetings of Board of Supervisors and meetings of special committees;

2. Attendance of meetings and opinions expressed by Supervisors;

3. Attendance of Supervisors in the Board of Directors and General Meeting;

4. Participation of Supervisors in activities including research and training organized by the Board of Supervisors of the Bank;

5. Supervisors’ Reading and feedback of the information provided by the Bank;

6. Working time of the Supervisors in the Bank;

7. Annual Supervisors’ performance evaluation information, including annual Supervisors’ performance self-evaluation form, mutual evaluation form, result form and annual work report of the Board of Supervisors, etc.

(II). Evaluation of the Board of Supervisors’ Performance

In 2020, the Board of Supervisors of the Bank closely focused on the Bank’s strategic development goals and annual central work, conscientiously implemented regulatory requirements, carried out supervision work in a standardized manner, paid close attention to the Bank’s operation, and continuously monitored the Bank’s operation and management activities such as corporate development strategy, financial management, risk management, internal control management, capital management, compliance management, related party transactions, compensation management, information disclosure, consumer rights and interests protection, anti-money laundering, data governance, case prevention, employee conduct management, and supervised and made supervisory comments and recommendations on the performance of the Board of Directors, Directors, senior management and senior management personnel. The Board of Supervisors and the special committees

- 27 - APPENDIX II 2020 EVALUATION REPORT OF DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT FROM THE BOARD OF SUPERVISORS

under it were diligent in their duties, promoting the high-quality and sustainable development of the Bank and safeguarding the legitimate rights and interests of the Company, its shareholders and employees.

(III). Evaluation of Supervisors’ Performance

In 2020, the Board of Supervisors evaluated 6 persons. Among them, there were 2 External Supervisors, 2 Shareholder Supervisors and 2 Employee Supervisors (including the chairman of the Board of Supervisors).

According to the evaluation method of the performance of the Supervisors of the Bank, the evaluation of the performance of the Supervisors mainly included three aspects of compliance, initiative and adequacy.

(i) Compliance Evaluation

In 2020, all Supervisors were able to perform their duties legally and in compliance. First, all Supervisors were selected according to the requirements of selection and appointment specified in the Corporate Governance Guidelines for Commercial Banks with necessary professional qualities and professional ethics to perform their duties. Second, all Supervisors fulfilled their obligation of integrity and diligence to the Bank and all shareholders in accordance with the requirements of relevant laws, regulations, rules and the Articles of Association of the Bank and in compliance with the relevant provisions of the Rules of the Board of Supervisors of the Bank of Jiujiang Co., Ltd.* on Assessment of the Performance of Duties by Directors, Supervisors and Senior management, and safeguarded the interests of the Bank and all Shareholders. Third, all Supervisors exercised their rights within the scope of their duties. No acts of Supervisors exercising rights outside the scope of their powers, seeking private interests, and infringing on the interests and reputation of the Bank were duties, and no acts of Supervisors secretly divulging the confidentiality of the Bank obtained during their tenures were found. Forth, the Bank has not received any punishment or notification from the regulatory agency or other departments in respect of Supervisors.

(ii) Initiative Evaluation

In 2020, all Supervisors first of all actively participated in the training organized by the Bank. The content covered the common external supervision system and the latest developments of the regulatory authorities, helped Supervisors to familiarize themselves with and comprehend regulatory requirements as well as dynamics, which effectively improved Supervisors’ awareness to perform their duties and supervisory ability. Second, all Supervisors reported their related relationships in a timely, complete and authentic manner in accordance with laws, regulations and the requirements of the Bank. Third, all Supervisors truthfully informed their positions and part-time jobs.

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(iii) Adequacy Evaluation

1. Attendance of Meetings. In 2020, all Supervisors attended the meetings of Board of Supervisors and relevant Committees in person, and carefully studied various meeting proposals and related background materials, analyzed and reviewed each proposal in detail, and timely grasped the information about operation and management, financial status, risk management and internal control of the Bank. They also actively performed their supervisory functions and paid attention to the review process of major decision-making matters, which promoted the stable operation and standardized management of the Bank.

The Bank totally organized and convened 5 meetings of Board of Supervisors, 6 meetings of the Nomination Committee and 5 meetings of the Supervisory Committee throughout the year. Each Supervisor attended all the meetings of Board of Supervisors and the attendance rate in person was 100%. There was no case of “failure to attend in person and failure to delegate other Supervisors to attend the meetings of Board of Supervisors for two consecutive times (included) or failure to have two-thirds or more Supervisors attend the meetings of the Board of Supervisors in person each year”.

All Supervisors were able to express their opinions independently, professionally and objectively at the meetings of Board of Supervisors. They aggregately made 33 suggestions and comments on risk management, internal control management, data governance, remuneration management, etc.

2. Performance time. In 2020, all Supervisors worked for more than 15 working days, which was in line with the requirements. Among them, external Supervisors GUO Jiequn and CHEN Chunxia both worked for 21 days, shareholder Supervisor LIU Chunmei worked for 18 days (18 days after annualization for tenure less than 1 year), and shareholder Supervisor LIAO Jingwen worked for 17 days.

3. Supervisors’ performance of duties. MEI Mengsheng (employee Supervisor), chairman of the Board of Supervisors: since he took office in June 2020, he has carefully organized the work of the Board of Supervisors of the Bank, convened, attended and presided over all meetings of Board of Supervisors; attended the meetings of the Party Committee, the on-site Board meetings and the General Office of the President on behalf of Board of Supervisors, urged the Board of Supervisors to strictly implement the decisions of the Party Organization, and timely conveyed to the Supervisors the main guiding principles of the Board meetings and the development of our Bank. Meanwhile, he was able to integrate all kinds of supervisory resources, conscientiously performed his supervisory authority, actively and effectively supervised the decision-making process and the implementation of work, and strove to protect the interests of the Company and the legitimate rights and interests of employees.

- 29 - APPENDIX II 2020 EVALUATION REPORT OF DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT FROM THE BOARD OF SUPERVISORS

Since she became an employee Supervisor, WAN Dandan has conscientiously performed the powers and functions granted by relevant laws and regulations, fully utilized her professional expertise and the advantages of her position as an internal auditor, carried out special audits on key matters such as disposal of non- performing assets, salary management and write-off of doubtful debts and promptly reported to the Board of Supervisors on the audit work, major audit findings and rectification, and promoted the Board of Supervisors to carry out its work better.

The two Shareholder Supervisors, LIU Chunmei and LIAO Jingwen, were able to continuously kept an close eye on the Company’s development strategies, business decisions, risk management and other important matters from the perspective of the Company’s long-term interests and healthy and sustainable development, supervised and supported the deliberation and implementation of the Company’s major decisions, and actively safeguarded the legitimate rights and interests of the Company and its shareholders.

External Supervisors, GUO Jiequn and CHEN Chunxia, were able to actively participate in the meetings and research activities of the Board of Supervisors and perform their duties independently. As the chairman of the special committee of the Board of Supervisors, those two external Supervisors were able to organize and carry out the work of the special committee in accordance with their duties and responsibilities, convene meetings of the special committee in a timely manner and form professional opinions. GUO Jiequn, as the chairman of the Supervisory Committee, focused on the operation, financial activities, risk management and internal control of our Bank; CHEN Chunxia, as the chairman of the Nomination Committee, focused on supervising the selection and appointment procedures of Directors and the remuneration management of our Bank, and led the revision of the evaluation methods for the performance of Directors, Supervisors and senior management. Those two Supervisors were able to give full play to their professional expertise and actively offer suggestions and advice based on the principles of objectivity, independence and prudence.

In addition, GUO Jiequn, an External Supervisor, conducted a special training on “Supply Chain Finance Basis, Innovation and Cases” for all employees of the Bank.

(IV). Results of Performance Evaluation

The Board of Supervisors was of the view that the Supervisors within the year were able to carry out their work in accordance with the relevant laws and regulations and the requirements of the Articles of Association, participated in the meetings of Board of Supervisors earnestly, attended the relevant meetings of Board of Directors, expressed their supervisory opinions independently, performed their duties in an honest, self-disciplined and diligent way so as to play a positive role in improving the corporate governance and promoting the sustainable and healthy development of the

- 30 - APPENDIX II 2020 EVALUATION REPORT OF DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT FROM THE BOARD OF SUPERVISORS

Company and effectively safeguard the rights and interests of the depositors and shareholders. The evaluation result of the Board of Supervisors on the performance of the Bank’s Supervisors in 2020 was: GUO Jiequn and CHEN Chunxia, the External Supervisors, were excellent, and all other Supervisors were competent.

According to the relevant remuneration system for Supervisors of the Bank and based on the above performance of duties, the remuneration arrangement for Supervisors in 2020 is as follows:

Unit: RMB0’000

Contribu- tions by the employer to social insurance and staff Contribu- welfares, tions to Discretion- Deferred housing Pension Other Name Salaries ary bonus provision Subtotal fund, etc Scheme welfares Total(3)

MEI Mengsheng 478 474 474 1,426 62 57 7 1,552 LIU Chunmei – – – – – – – – GUO Jiequn 251 – – 251 – – – 251 CHEN Chunxia 258 – – 258 – – – 258 LIAO Jingwen 171 202 135 508 64 41 7 620 WAN Dandan 77 99 66 242 51 23 7 323

- 31 - APPENDIX III 2020 EVALUATION REPORT OF SHAREHOLDERS

In order to enhance the effectiveness on Shareholders for the Bank’s development, the Bank conducted assessment on Shareholders for 2020 based on the principles of legality, objectivity and fairness, pursuant to requirements of the Administrative Measures on Evaluation on Shareholders of Bank of Jiujiang Co., Ltd.* (the “Administrative Measures”) and Provisional Measures on the Administration of Commercial Bank Equity (the “Provisional Measures”) and reported as follows:

PART I EVALUATION ON SUBSTANTIAL SHAREHOLDERS

I. TARGETED OBJECTS OF EVALUATION

The objects of this evaluation are substantial Shareholders of the Bank, being the substantial Shareholders and their related parties, persons acting in concert who intend to hold, severally or jointly, more than 5% of total shares of the Bank, or the Shareholders hold less than 5% of the Bank’s total shares but has a material impact on the operational management of the Bank.

Table 1: Information of substantial Shareholders

Number of Shareholding Shares ratio No. Name of Shareholder (Share) (%)

1 Jiujiang Finance Bureau 366,020,000 15.20

2 Beijing Automotive Group Co., Ltd. 366,020,000 15.20

3 Industrial Bank Co., Ltd. 294,400,000 12.23

4 Foshan Gaoming Jindun Hengye Computer 95,840,000 3.98 Special Printing Co., Ltd.

II. EVALUATION CONTENT

(i) Qualification evaluation on substantial Shareholders

The Bank evaluated the qualifications of substantial Shareholders from two aspects: the qualification of substantial Shareholders according to laws and regulations, the continued compliance with requirements of Shareholders’ qualification.

(ii) Fulfilment of commitment matters

All substantial Shareholders of the Bank signed the commitment letter for equity participation in accordance with the regulatory requirements and were able to comply with the commitments. In 2020, all substantial Shareholders of the Bank were able to actively fulfill their commitments and seriously considered and supported the proposals on capital replenishment and dividend distribution considered at the 2019 annual general meeting of the Bank, such as the Proposal in relation to the Issuance of Capital Bonds with No Fixed Term, the Proposal in relation to the Adjustments to the Plan for the Issuance of Preferred Shares, the Proposal in relation to the Extension

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of Validity Period of the Authorization for Matters related to the Issuance of Offshore Preference Shares, and the Proposal on the Consideration and Approval of “2019 Profit Distribution Plan of the Bank of Jiujiang Co., Ltd.*. There were no circumstances that prevented other shareholders from taking shares in our Bank, and Industrial Bank also became one of the main underwriters of the Bank’s capital bonds with no fixed term.

(iii) Implementation of the Articles of Association and the provisions of the agreement

As at the reporting date, all substantial Shareholders of the Bank strictly complied with the provisions of the Bank’s Articles of Association and the Agreement and there was no violation of the provisions.

(iv) Compliance with laws, regulations and supervisory provisions

The major shareholders of the Bank, their controlling shareholders and actual controllers strictly complied with the laws, regulations and supervisory provisions and there are no cases of being listed as a target of joint disciplinary action for breach of trust by relevant departments, seriously evading bank debts, providing false materials or making untrue statements, being significantly responsible for the failure of commercial banking operations or major violations of laws and regulations, refusing or obstructing the CBIRC or its dispatching agencies to carry out supervision in accordance with the law, being investigated and punished by financial regulatory authorities or relevant government departments for violations of laws and regulations, causing bad influence, or other situations that may adversely affect the operation and management of the Bank.

PART II EVALUATION ON LEGAL PERSON SHAREHOLDERS

I. TARGETED OBJECTS OF EVALUATION

The subject of this evaluation refers to the legal person Shareholders registered on the register of members as at 31 December 2020.

II. EVALUATION CONTENT

(i) Evaluation of Shareholders’ performance of duties

1. Shareholder information. Most Shareholders were able to cooperate with the Bank to provide relevant materials and data daily required by the Bank, and Shareholders and equity management.

2. Support for the Bank’s daily operation. Most Shareholders of the Bank were able to support daily operation of the Bank within their own business scope, including but not limited to deposit and loan support, business support, bond business support etc., and there is no direct intervention in our daily operations and management.

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3. Compliance with shareholder commitment. Most of our Shareholders signed relevant commitment letter when they became a Shareholder, and complied with the commitment in the letter during daily operations; meanwhile, all voting Shareholders could approve the capital replenishment plan proposed by the Bank at the Shareholders’ general meeting by voting, and the implementation of capital replenishment plan of the Bank and the addition of new qualified Shareholders have not been impeded.

4. Performance of attendance and voting duties. The Bank held one Shareholders’ general meeting in 2020, and the majority of Shareholders were able to attend the meetings and vote on time, but some Shareholders failed to attend the meetings.

5. Compliance with laws and regulations. The Shareholders of the Bank were able to abide by laws and regulations, and there is no violation of relevant laws and regulations.

(ii) Evaluation on Shareholders’ contribution to the development of the Bank

1. Deposit contribution. During the reporting period, most Shareholders made positive contributions to the Bank’s deposits, with corporate Shareholders’ deposits in the Bank reaching RMB12.348 billion in 2020 (excluding strategic investment).

2. Business contribution. During the reporting period, certain Shareholders have carried out a number of business cooperation with the Bank, in addition to the traditional deposit and loan business, the Bank initiated international business cooperation with some of our Shareholders.

3. Brand contribution. (1) Jiujiang Municipal Finance Bureau, as a local government department, played a positive role in our Bank’s reputation with its state-owned capital; (2) BAIC Group and Industrial Bank are both global top 500 companies, among which BAIC Group promoted our Bank’s financial product innovation with its business innovation while Industrial Bank deepened cooperation with our Bank in many business areas. The two Shareholders effectively enhanced the reputation of our Bank with their own good brand advantages and improved the goodwill.

(iii) Evaluation on Shareholders’ equity regulation

1. Compliance of Shareholders’ qualification. During the reporting period, the Bank verified the shareholder qualifications of legal person Shareholders.

2. Share pledge standard. In 2021, the Bank will strengthen the rectification of equity pledges. For the Shareholders who have not completed such rectification in 2021, the evaluation results will be determined as basically qualified.

3. Stability of equity. The Bank scored the Shareholders involved in equity transfer according to the Administrative Measures.

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(iv) Standards of related party transactions of Shareholders

During the reporting period, each Shareholder was basically able to achieve the compliance of related party transactions. There was no unsecured credit granting for Shareholders’ application; in case of credit loss, no application of credit was made within two years; Shareholders and their controlling Shareholders, actual controlling persons did not damage the interest of the Bank and cause loss to the Bank by leverage of their connected relationship.

PART III EVALUATION RESULT

According to the evaluation result, 11 Shareholders were evaluated as outstanding and 6 Shareholders were evaluated as basically qualified.

- 35 - APPENDIX IV 2020 SPECIAL REPORT ON RELATED PARTY TRANSACTIONS

In 2020, under the correct leadership of the “shareholders’ general meeting, board of directors, board of supervisors and senior management”, the Bank closely followed the twelve-word principle of “promoting steady growth, adjusting business structures, reducing capital consumption and controlling non-performing loans” and optimized the management of related party transactions based on the regulatory requirements and the listing rules and continuously improved the level of related party transaction management. The Bank continued to improve the level of related party transaction management. The Bank’s related party transactions for 2020 are reported as follows.

I. OVERVIEW OF RELATED PARTY TRANSACTIONS

In 2020, the Bank continued to optimize the organization structure, system construction, data statistics, process control and information disclosure of related party transactions in accordance with the requirements of the Administrative Measures for the Related Party Transactions between Commercial Banks and their Insiders and Shareholders and the Administrative Measures for the Related Party Transactions of Bank of Jiujiang Co., Ltd.*. The management level of related party transactions was significantly improved. With regard to the organization structure and system construction of related party transactions, the Bank revised the Administrative Measures for the Related Party Transactions of Bank of Jiujiang Co., Ltd.* to consolidate the ultimate responsibility of the Board of Directors and strengthen the responsibilities of the office of the Board and all relevant departments in all aspects of related party transaction management. In terms of data statistics and process control of related party transaction, the Bank effectively improved the compliance of related party transactions by carrying out related party information statistics, making great efforts to fill in the gaps in particulars of related party, and carrying out special rectification for the weak links in the management of related party transactions of natural persons. In terms of approval of related party transactions, the Bank ensured that related party transactions were conducted fairly by strengthening directors’ performance, improving information disclosure and increasing audit accountability.

II. MANAGEMENT OF RELATED PARTY TRANSACTIONS

1. Improved management structure of related party transactions

The organizational structure for the management of related party transactions of the Bank consists of the Board of Directors, the Related Party Transactions Control Committee, the Board of Supervisors and other functional departments.

The Board of Directors, as the highest decision-making body for the management of related party transactions, assumes the ultimate responsibility for the management of related party transactions; the Related Party Transactions Control Committee under the Board of Directors is responsible for the management and review of the Bank’s related party transactions and accepts the filing of related party transactions; the Board of Supervisors is responsible for the supervision of the management of the Bank’s related party transactions; the office of the Board of Directors, as the daily office of the Related Party Transactions Control Committee, is responsible for the day-to-day affairs of the Bank’s related party transactions; the relevant functional departments are responsible for matters related to the management of related party transactions according to their respective departmental responsibilities.

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2. Improved the list of related parties and statistical scope

In accordance with the relevant provisions of the Administrative Measures for the Related Party Transactions between Commercial Banks and their Insiders and Shareholders of the CBIRC and the Administrative Measures for the Related Party Transactions of Bank of Jiujiang Co., Ltd.*. the Bank updated and maintained the related party list on a quarterly basis, mainly through the provision of related parties, verification through public channels and system review and matching. In 2020, the Bank included the persons who have the authority to decide or participate in the Bank’s credit and asset transfer into the scope of statistics and further improved the scope of related party statistics.

3. Optimized the approval of related party transactions

In accordance with the Administrative Measures for the Related Party Transactions of Bank of Jiujiang Co., Ltd.*, the Bank’s general related party transactions were submitted to the Related Party Transactions Control Committee for record after review of the business aspects; major related party transactions were submitted to the Board of Directors for final approval, while independent directors expressed their independent written opinions on the fairness of related party transactions and the fulfillment of internal approval procedures on a case-by-case basis.

In 2020, the Related Party Transactions Control Committee of the Board of Directors of the Bank held 7 meetings and considered 15 proposals, including Proposal on the Consideration of the Special Report on Related Party Transactions of Bank of Jiujiang Co., Ltd.* for 2019 and Proposal on the Consideration of the Amount of Related Party Transactions between the Bank and Beijing Automotive Group. In total, the independent directors expressed 24 independent opinions on related party transactions, ensuring the independence and fairness of the approval of related party transactions.

4. Built related party transaction system

In 2020, to further strengthen the information management of related party transactions, the “related party transaction inquiry” function of the Bank’s unified line management system was launched in February 2021, which enabled online inquiry, statistics and monitoring of related party transactions. At the same time, the Bank linked the unified credit management system with the credit risk management system to realize the centralized monitoring and approval alert function for the balance of related party transactions.

III. CONDUCTION OF RELATED PARTY TRANSACTIONS

At the end of 2020, the balance of various related party transactions of the Bank totaled RMB4,416 million, accounting for 14.10% of the Bank’s audited net capital at the end of 2020, which did not exceed the prescribed requirement of 50%. Among them, there were 18 related party transactions for legal persons with credit balance of RMB4,106 million and 729 related party transactions for natural persons involving 555 persons with credit balance of RMB309.51 million. The credit balance of the Bank’s single largest group customer was RMB1,985 million, accounting for 6.34% of the Bank’s audited net capital at the end of

- 37 - APPENDIX IV 2020 SPECIAL REPORT ON RELATED PARTY TRANSACTIONS

2020, which was lower than the regulatory requirement of 15%; the credit balance of the single largest customer is RMB775 million, accounting for 2.47% of the Bank’s audited net capital at the end of 2020, which was lower than the regulatory requirement of 10%.

As of the end of 2020, the Bank granted a total credit of RMB2.03 billion to country banks with a balance of RMB483 million.

IV. NEXT-STEP WORK PLAN

First, the Bank will further optimize the governance structure. Through strengthening the responsibilities of each functional department and playing the functions of each related transaction management body, the Bank will create a standardized related party transaction management process and strictly prevent the risks that may be brought by related party transactions.

Second, the Bank will further refine the information statistics. The Bank will establish a related party information statistics mechanism with active reporting by related parties, real-time collection and effective verification by the leading department, and regular review by the related party transaction control committee to ensure the comprehensiveness and accuracy of information on related party and further improve the related transaction information management capability. In addition, the Bank will continue to promote and implement the construction of related transaction information management system. Based on the launch of the unified credit system, the Bank will continue to optimize the system functions and realize the online management of related party transactions as soon as possible.

Third, the Bank will further strengthen the approval process. Through system standardization, compliance training and audit accountability, the Bank will strictly prohibit the reverse process of approval to avoid the occurrence of approval and filing in a formal way. At the same time, by improving the unified credit management system and the full-caliber risk monitoring system, the Bank will control the total credit to major shareholders and their related parties to prevent the risk of credit concentration; the Bank will monitor related party transactions other than credit, asset transfer and service provision in all forms to prevent related parties from misappropriating and crowding out the Bank’s funds in various ways.

- 38 - APPENDIX V ESTIMATE AMOUNT OF THE RECURRING RELATED PARTY TRANSACTIONS FOR THE YEAR 2021

In accordance with the requirements of the Administrative Measures for the Related Party Transactions between Commercial Banks and their Insiders and Shareholders issued by the CBIRC and the Administrative Measures for the Related Party Transactions of Bank of Jiujiang Co., Ltd.*, and taking into account the actual business needs, the Bank hereby draws up the estimated line of daily related party transactions of related parties for 2021, as follows.

Estimated line in 2021

� The line of credit granted by a single related company shall not exceed 10% of the Bank’s net capital at the end of the previous quarter.

� The line of credit granted to a single related group shall not exceed 15% of the Bank’s net capital at the end of the previous quarter.

� Credit balance to all related parties shall not exceed 50% of the Bank’s net capital at the end of the previous quarter.

� Those involving major related party transactions should be submitted to the Related Party Transactions Control Committee for review and to the Board of Directors for final approval following the Bank’s internal authorization and approval procedures.

The balance of credit granted to a single related natural person should not exceed RMB10 million, and the total credit granted to related natural persons should not exceed 5% of the Bank’s net capital at the end of the previous quarter.

Notes：

1. Scope of related party transactions. The estimate amount of daily related party transactions for the year 2021 for the Bank’s related legal persons and natural persons is to be considered and the credit for county banks is considered separately and is not included in the estimated amount.

2. Types of related party transactions. The Bank’s transactions with related parties refer to the credit business with related legal persons and related natural persons that meet the definition of related parties of the Bank. Specifically, the Bank provides direct financial support to customers or guarantees the compensation and payment liabilities that may arise from the customers’ relevant economic activities, including loans, loan commitments, acceptances, discounts, trade financing, factoring, letters of credit, letters of guarantee, inter-bank lending, guarantees and other on- and off-balance sheet business.

3. Maturity of amount of the related party transaction. The maturity of the estimated amount of related party transactions to be considered is from 1 January 2021 to 31 December 2021.

4. Pricing principles and proportional control of related party transactions. The Bank’s transactions with related parties are conducted in accordance with general commercial principles and on terms not more favorable than those for similar transactions with non-related parties, and have no adverse impact on the Bank.

- 39 - APPENDIX VI EXPLANATION TABLE ON THE PROPOSED AMENDMENTS TO THE EQUITY PLEDGE MANAGEMENT MEASURES OF BANK OF JIUJIANG CO., LTD.*

Original Provision New and Revised Provision Revision Basis

Article 3 The Bank has taken custody Article 3 The Bank has taken custody According to the requirements of the of all equities to the Jiangxi Provincial of all shares to China Securities Approval of Listing of the Bank from the Property Exchange (hereinafter referred Depository and Clearing Corporation CSRC, all the domestic shares of the to as “Equity Custody Institution”) for Limited (hereinafter referred to as Bank shall be deposited in China management. “Custody Institution”). Securities Depository and Clearing Corporation Limited

Article 5 Shareholders who create Article 5 Shareholders who create Based on the regulatory requirements and pledge on the shares of the Bank for pledge on the shares of the Bank for the practical operating requirements of itself or for others, shall strictly comply itself or for others, shall strictly comply the registration of equity pledge with the requirements of laws and with the requirements of laws and regulations and supervisory authorities, regulations and supervisory authorities, and shall notify the Board of Directors in and shall apply to the office of the Board advance. of Directors of the Bank for review and registration ten working days in advance. Article 6 When a Shareholder who When a Shareholder who holds a seat on holds a seat on the Board of Directors the Board of Directors or the Board of or the Board of Supervisors of the Bank, Supervisors of the Bank, or directly, or directly, indirectly or jointly holds or indirectly or jointly holds or controls controls more than 2% shares or voting more than 2% shares or voting rights of rights of the Bank pledges its equity in the Bank pledges its equity in the Bank, the Bank, it shall file an application with it shall file an application with the Board the Board of Directors of the Bank in of Directors of the Bank, stating reasons advance, stating reasons for the pledge, for the pledge, the number of shares to be the number of shares to be pledged, term pledged, term of pledge and the basic of pledge and the basic information about information about the pledged holder. the pledged holder. Where the Board of The Board of Directors of the Bank Directors of the Bank determines such shall issue a filing approval resolution pledge may have material adverse effect to the Shareholders after the filing has on the equity stability, corporate been approved. Where the Board of governance and the risk and related Directors of the Bank determines such transaction control, such filing shall not pledge may have material adverse effect be allowed. When the Board of Directors on the equity stability, corporate conducts review of such filing, the governance and the risk and related directors nominated by the Shareholders transaction control, such filing shall not who plan to create the pledge on shares be allowed. When the Board of Directors of the Bank shall be abstained. conducts review of such filing, the directors nominated by the Shareholders who plan to create the pledge on shares of the Bank shall be abstained.

- 40 - APPENDIX VI EXPLANATION TABLE ON THE PROPOSED AMENDMENTS TO THE EQUITY PLEDGE MANAGEMENT MEASURES OF BANK OF JIUJIANG CO., LTD.*

Original Provision New and Revised Provision Revision Basis

New addition Article 7 The proportion of equity Amended in accordance with the pledge of the Bank shall not exceed inspection opinions of regulators and 20%. If the proportion of equity pledge based on the actual situation of the Bank exceed 20%, the equity pledge registration will be closed and proportion of equity pledge will be reduced.

New addition Article 8 In principle, the number of The CBRC Notice on Enhanced shares of the Bank to be pledged by the Management of Pledge of Equity Shareholder of the Bank shall not exceed Interest in Commercial Banks《中國銀 ( 50% of equity in the Bank held by such 監會關於加強商業銀行股權質押管理的 Shareholder. The Shareholders’ voting 通知》) and the practical operating rights and those of the Directors requirements of the registration of appointed by them, shall be restricted equity pledge when they vote at the Shareholders’ general meeting and the board meeting in the event that the proportion of equity pledged exceeds 50% of their respective equity in the Bank; equity pledge registration of the state-owned Shareholders shall not be allowed in principle, except for those shall comply with the laws and regulations in relation to the state-owned asset management.

- 41 - APPENDIX VI EXPLANATION TABLE ON THE PROPOSED AMENDMENTS TO THE EQUITY PLEDGE MANAGEMENT MEASURES OF BANK OF JIUJIANG CO., LTD.*

Original Provision New and Revised Provision Revision Basis

New addition Article 16 Duties of the Board of The CBRC Notice on Enhanced Directors: Management of Pledge of Equity Interest in Commercial Banks《中國銀 ( (I) To consider the filing application 監會關於加強商業銀行股權質押管理的 on equity pledge of the Bank by 通知》) and on-site inspection opinion of a Shareholder who holds a seat Jiujiang sub-division of the CBIRC on on the Board of Directors or the the corporate governance rating Board of Supervisors of the Bank, or directly, indirectly or jointly holds or controls more than 2% shares or voting rights of the Bank, including but not limited to reasons for the pledge, the number of shares to be pledged, term of pledge and the basic information about the pledged holder, and issue the reply slip to such Shareholder after the filing has been approved;

(II) The Board of Directors shall issue a resolution that the filing shall not be allowed when the filing application of such pledge may have material adverse effect on the equity stability, corporate governance and the risk and related transaction control.

- 42 - APPENDIX VI EXPLANATION TABLE ON THE PROPOSED AMENDMENTS TO THE EQUITY PLEDGE MANAGEMENT MEASURES OF BANK OF JIUJIANG CO., LTD.*

Original Provision New and Revised Provision Revision Basis

Article 17 Duties of the office of the Article 17 Duties of the office of the Amended in accordance with the Board of Directors: Board of Directors: inspection opinions of regulators and based on the actual situation of the Bank (I) It is responsible for the daily (I) It is responsible for the daily handling of equity pledge and handling of equity pledge and the establishment of supervisory the establishment of supervisory standing book for equity pledge. standing book for equity pledge.

(II) In case of any of the following (II) In case of any of the following circumstances, the Bank shall circumstances, the Bank shall disclose information in a timely disclose information in a timely manner through channels of manner through channels of annual reports, etc., and shall annual reports, etc., and shall report the same to the banking report the same to the banking regulatory authority through regulatory authority through channels for reporting legal channels for reporting legal person regulatory information person regulatory information within ten days upon within ten days upon occurrence occurrence of any of the of the any of the following following circumstances: circumstances:

(1) the pledged equities of (1) the pledged equities of the Bank have reached the Bank have reached or exceeded 20% of all or exceeded 20% of all its equities; its equities;

(2) the number of equities (2) the number of equities of the Bank pledged by of the Bank pledged by substantial Shareholders substantial Shareholders has reached or exceeded has reached or exceeded 50% of its shareholding 50% of its shareholding in the Bank; in the Bank;

(3) the pledged equities of the (3) the pledged equities of the Bank involve freezing, Bank involve freezing, judicial auction, legal judicial auction, legal restrictions on voting restrictions on voting rights or are subject to rights or are subject to restrictions from other restrictions from other rights. rights.

- 43 - APPENDIX VI EXPLANATION TABLE ON THE PROPOSED AMENDMENTS TO THE EQUITY PLEDGE MANAGEMENT MEASURES OF BANK OF JIUJIANG CO., LTD.*

Original Provision New and Revised Provision Revision Basis

Substantial shareholders of the Substantial shareholders of the Bank refer to shareholders who Bank refer to shareholders who directly, indirectly or jointly directly, indirectly or jointly hold hold or control more than 5% or control more than 5% shares shares or voting rights of the or voting rights of the commercial bank and have commercial bank and have significant influence on the significant influence on the decision-making of the decision-making of the commercial bank. commercial bank.

(III) The Bank shall conduct irregular inspections and shall submit to the Accountability Committee of Head Office for accountability according to the Measures for the Handling of Violation and Dereliction of Duty Behaviors for the Staff of Bank of Jiujiang Co., Ltd.* in case of any non-compliance behaviors in the Bank including handling equity pledge without filing, handling equity pledge with reverse procedures or counter guarantee for equity pledge and so on.

- 44 - NOTICE OF THE 2020 ANNUAL GENERAL MEETING

Bank of Jiujiang Co., Ltd.* 九江銀行股份有限公司* (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock code: 6190) NOTICE OF THE 2020 ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the 2020 annual general meeting (the “AGM”) of the Bank of Jiujiang Co., Ltd.* (the “Bank”) will be held at 10:00 a.m. on Friday, 25 June 2021 at the Conference Room on 4th Floor, Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, the People’s Republic of China (the “PRC”), for the shareholders of the Bank (the “Shareholders”) to consider and, if thought fit, to approve the following resolutions:

ORDINARY RESOLUTIONS

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

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

3. To consider and approve the 2020 Annual Report of the Bank;

4. To consider and approve the 2020 Evaluation Report of Directors and Senior Management from the Board of Directors of the Bank;

5. To consider and approve the 2020 Evaluation Report of Directors, Supervisors and Senior Management from the Board of Supervisors of the Bank;

6. To consider and approve the 2020 Evaluation Report of Shareholders of the Bank;

7. To consider and approve the 2020 Final Financial Accounts of the Bank;

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

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

10. To consider and approve the proposal in relation to the engagement of 2021 accounting firms;

11. To consider and approve the proposal in relation to proposed election of Mr. Shi Zhishan as the non-executive Director of the sixth session of the Board of Directors of the Bank:

12. To consider and approve the 2020 Special Report on Related Party Transactions of the Bank;

13. To consider and approve the proposal in relation to estimate amount of the recurring related party transactions of the Bank for the year 2021;

- 45 - NOTICE OF THE 2020 ANNUAL GENERAL MEETING

14. To consider and approve the proposal in relation to 2021 capital expenditure budget report of the Bank;

15. To consider and approve the proposal in relation to the amendments to the Equity Pledge Management Measures of Bank of Jiujiang Co., Ltd.*;

SPECIAL RESOLUTION

16. To consider and approve the proposal in relation to the replenishment of other tier-one capital through a convertible negotiated deposit of the Bank.

By Order of the Board Bank of Jiujiang Co., Ltd.* Liu Xianting Chairman

Jiangxi, the People’s Republic of China 11 May 2021

Notes:

1. Pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”), all votes of resolutions at the AGM will be taken by poll except where the chairman, in good faith, decides to allow a resolution which relates purely to a procedural or administrative matter to be voted on by a show of hands. The poll results will be published on the website of The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) and the website of the Bank (www.jjccb.com) in accordance with the Listing Rules.

2. Closure of register of members, eligibility for attending and voting at the AGM

The register of members of the Bank will be closed from Wednesday, 26 May 2021 to Friday, 25 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 Friday, 25 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 completed and signed share 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 Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, PRC (for the holders of the Domestic Shares) not later than 4:30 p.m. on Tuesday, 25 May 2021 for registration.

3. Arrangement on dividend distribution

The board of directors of the Bank has recommended the distribution of a final cash dividend of RMB1.0 (tax inclusive) per ten shares for the year ended 31 December 2020, approximately amounting to a total of RMB240.74 million (tax inclusive). Subject to approval of the proposal at the AGM, the dividend will be paid to domestic shareholders and H shareholders whose names appear on the register of members of the Bank on Thursday, 8 July 2021. The dividend is expected to be paid on Tuesday, 20 July 2021. The proposed dividends payable are denominated in Renminbi, and will be paid to domestic shareholders in Renminbi and H shareholders in Hong Kong dollars.

- 46 - NOTICE OF THE 2020 ANNUAL GENERAL MEETING

Calculation of the exchange rate for dividends payable in Hong Kong dollars will be based on the average exchange rate of Renminbi to Hong Kong dollars as announced by the People’s Bank of China on five working days preceding the date of declaration of the dividend at the AGM (including the day the AGM will be held).

4. Closure of register of members and eligibility for final dividend distribution

The register of members of the Bank will be closed from Saturday, 3 July 2021 to Thursday, 8 July 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 Thursday, 8 July 2021 are entitled to the final dividend distribution.

For a holder of the shares of the Bank to be eligible for the final dividend distribution, all completed and signed share 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 Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, PRC (for the holders of the Domestic Shares) not later than 4:30 p.m. on Friday, 2 July 2021 for registration.

5. Reply slip

The Shareholders who intend to attend and vote at the AGM (in person or by proxy) shall complete the reply slip for the AGM, and deliver it by hand, by post or by fax on or before Saturday, 5 June 2021 to the H Share Registrar of the Bank, Computershare Hong Kong Investor Services Limited, 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (for the H Shareholders) or the office of the Board of Directors of the Bank at Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, PRC (for the Domestic Shareholders).

In the event that, according to the reply slips received by the Bank, the number of shares with voting rights represented by those Shareholders intending to attend the AGM fails to reach more than half of the total number of shares with voting rights at the AGM, the AGM may be postponed.

6. Proxy

Any Shareholder entitled to attend and vote at the AGM is entitled to appoint one or more person(s) (if the Shareholder holds two or more issued shares), whether (each of) such person is a Shareholder of the Bank or not, as his/her/its proxy or proxies to attend and vote on his/her/its behalf at the AGM.

The proxy concerned must be appointed with a power of attorney. The power of attorney concerned must be signed by the principal or the person duly authorized in writing by the principal. If the principal is a corporation, the power of attorney shall be affixed with the common seal or signed by its director or other representative duly authorized in writing. If the power of attorney of the proxy is signed by the authorized person of the principal, such power of attorney or other authorization documents shall be notarized and served at the same time as the power of attorney. To be valid, the proxy form, together with a notarially certified copy of the power of attorney or other authority must be delivered to the H Share Registrar of the Bank, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (for the H Shareholders) or to the office of the Board of Directors of the Bank at Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, PRC (for the Domestic Shareholders) no later than 24 hours before the scheduled time for the holding of the AGM (i.e. Thursday, 24 June 2021 at 10:00 a.m.) or no later than 24 hours before the convening of any adjournment thereof.

After the completion and return of the proxy form and the power of attorney, you can attend and vote in person at the AGM or any adjournment thereof should you so wish. In the event that you attend the AGM and vote on the meeting, the authority of your proxy will be deemed to have been revoked.

- 47 - NOTICE OF THE 2020 ANNUAL GENERAL MEETING

In the case of joint holders of the shares of the Bank, any one of such holders may vote at the AGM either in person or by proxy in respect of such shares as if he/she was solely entitled thereto. However, if more than one of such joint registered holders be present at the AGM, either in person or by proxy, the vote of that one of them so present, whose name stands first on the register of members of the Bank in respect of such shares shall be accepted to the exclusion of the votes of the other joint registered holder(s).

7. Miscellaneous

(i) The Shareholders or their proxies shall present their identity documents when attending the AGM (or any adjournment thereof). The legal representative of or any other persons officially authorized by a Shareholder shall present his/her identity documents and the notarially certified documents for appointment as a legal representative or valid authorization document(s) (as the case may be) when attending the AGM (or any adjournment thereof).

(ii) The AGM is expected to last for no more than half working day. Shareholders and their proxies attending the meeting shall arrange for their own traveling and accommodation at their own expenses.

(iii) Address of Computershare Hong Kong Investor Services Limited:

17M Floor, Hopewell Centre 183 Queen’s Road East Wanchai, Hong Kong Tel: (852) 2862 8555 Fax: (852) 2865 0990

Address of the office of the Board:

Bank of Jiujiang Mansion No. 619 Changhong Avenue, Lianxi District, Jiujiang Jiangxi Province, PRC Tel: (86) 792 7783 000 - 1101 Fax: (86) 792 8325 019

8. The details about the aforesaid resolutions proposed for the consideration and approval at the AGM will be set out in the circular of the AGM to be despatched by the Bank when appropriate.

As at the date of this notice, the Board of the Bank comprises Mr. Liu Xianting and Mr. Pan Ming as executive directors, Mr. Zeng Huasheng, Mr. Zhang Jianyong and Mr. Li Jianbao as non-executive directors, Mr. Chua Alvin Cheng-Hock, Ms. Gao Yuhui, Mr. Quan Ze and Mr. Yang Tao as independent non-executive directors.

* Bank of Jiujiang 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.

- 48 - NOTICE OF THE 2021 FIRST H SHAREHOLDERS CLASS MEETING

Bank of Jiujiang Co., Ltd.* 九江銀行股份有限公司* (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock code: 6190) NOTICE OF THE 2021 FIRST H SHAREHOLDERS CLASS MEETING

NOTICE IS HEREBY GIVEN that the first H Shareholders class meeting of 2021 (the “2021 First H Shareholders Class Meeting”) of the Bank of Jiujiang Co., Ltd.* (the “Bank”) will be held on Friday, 25 June 2021 at the Conference Room on 4th Floor, Bank of Jiujiang Mansion, No. 619 Changhong Avenue, Lianxi District, Jiujiang, Jiangxi Province, the People’s Republic of China, immediately after the conclusion of the 2020 annual general meeting and the 2021 First Domestic Shareholders Class Meeting of the Bank, for the H Shareholders to consider and, if thought fit, to approve the following resolution:

SPECIAL RESOLUTION

1. To consider and approve the proposal in relation to the replenishment of other tier-one capital through a convertible negotiated deposit of the Bank.

By Order of the Board Bank of Jiujiang Co., Ltd.* Liu Xianting Chairman

Jiangxi, the People’s Republic of China 11 May 2021

Notes:

1. Pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”), all votes of resolutions at the 2021 First H Shareholders Class Meeting will be taken by poll except where the chairman, in good faith, decides to allow a resolution which relates purely to a procedural or administrative matter to be voted on by a show of hands. The voting results will be published on the websites of Stock Exchange (www.hkexnews.hk) and the Bank (www.jjccb.com) in accordance with the Listing Rules.

2. Closure of register of members, eligibility for attending and voting at the 2021 First H Shareholders Class Meeting

The register of members of the Bank will be closed from Wednesday, 26 May 2021 to Friday, 25 June 2021 (both days inclusive), during which period no transfer of shares will be effected. H Shareholders whose names appear on the register of members of the Bank on Friday, 25 June 2021 are entitled to attend and vote at the 2021 First H Shareholders Class Meeting.

- 49 - NOTICE OF THE 2021 FIRST H SHAREHOLDERS CLASS MEETING

For a holder of the H Shares of the Bank to be eligible for attending and voting at the 2021 First H Shareholders Class Meeting, all completed and signed share transfer documents (together with the relevant share certificates) and other appropriate documents of the holders of the H 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 not later than 4:30 p.m. on Tuesday, 25 May 2021 for registration.

3. Reply slip

The H Shareholders who intend to attend and vote at the 2021 First H Shareholders Class Meeting (in person or by proxy) shall complete the reply slip for the 2021 First H Shareholders Class Meeting, and deliver it by hand, by post or by fax on or before Saturday, 5 June 2021 to the H Share Registrar of the Bank, Computershare Hong Kong Investor Services Limited, 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong.

In the event that, according to the reply slips received by the Bank, the number of shares with voting rights represented by those H Shareholders intending to attend the 2021 First H Shareholders Class Meeting fails to reach more than half of the total number of shares with voting rights at the 2021 First H Shareholders Class Meeting, the 2021 First H Shareholders Class Meeting may be postponed.

4. Proxy

Any H Shareholder entitled to attend and vote at the 2021 First H Shareholders Class Meeting is entitled to appoint one or more person(s) (if the H Shareholder holds two or more H shares), whether (each of) such person is a Shareholder of the Bank or not, as his/her/its proxy or proxies to attend and vote on his/her/its behalf at the 2021 First H Shareholders Class Meeting.

The proxy concerned must be appointed with a power of attorney. The power of attorney concerned must be signed by the principal or the person duly authorized in writing by the principal. If the principal is a corporation, the power of attorney shall be affixed with the common seal or signed by its director or other representative duly authorized in writing. If the power of attorney of the proxy is signed by the authorized person of the principal, such power of attorney or other authorization documents shall be notarized and served at the same time as the power of attorney. To be valid, the proxy form, together with a notarially certified copy of the power of attorney or other authority must be delivered to the H Share Registrar of the Bank, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong no later than 24 hours before the scheduled time for the holding of the 2021 First H Shareholders Class Meeting or no later than 24 hours before the convening of any adjournment thereof.

After the completion and return of the proxy form and the power of attorney, you can attend and vote in person at the 2021 First H Shareholders Class Meeting or any adjournment thereof should you so wish. In the event that you attend the 2021 First H Shareholders Class Meeting and vote on the meeting, the authority of your proxy will be deemed to have been revoked.

In the case of joint holders of the H Shares of the Bank, any one of such holders may vote at the 2021 First H Shareholders Class Meeting either in person or by proxy in respect of such shares as if he/she was solely entitled thereto. However, if more than one of such joint holders of the H Shares be present at the 2021 First H Shareholders Class Meeting, either in person or by proxy, the vote of that one of them so present, whose name stands first on the register of members of the Bank in respect of such shares shall be accepted to the exclusion of the votes of the other joint registered H Shareholder(s).

- 50 - NOTICE OF THE 2021 FIRST H SHAREHOLDERS CLASS MEETING

5. Miscellaneous

(i) The H Shareholders or their proxies shall present their identity documents when attending the 2021 First H Shareholders Class Meeting (or any adjournment thereof). The legal representative of or any other persons officially authorized by an H Shareholder shall present his/her identity documents and the notarially certified documents for appointment as a legal representative or valid authorization document(s) (as the case may be) when attending the 2021 First H Shareholders Class Meeting (or any adjournment thereof).

(ii) The 2021 First H Shareholders Class Meeting is expected to last for no more than half working day. H Shareholders and their proxies attending the meeting shall arrange for their own traveling and accommodation at their own expenses.

(iii) Address of Computershare Hong Kong Investor Services Limited:

17M Floor, Hopewell Centre 183 Queen’s Road East Wanchai, Hong Kong Tel: (852) 2862 8555 Fax: (852) 2865 0990

Address of the office of the Board:

Bank of Jiujiang Mansion No. 619 Changhong Avenue, Lianxi District, Jiujiang Jiangxi Province, PRC Tel: (86) 792 7783 000 - 1101 Fax: (86) 792 8325 019

6. The details about the aforesaid resolutions proposed for the consideration and approval at the 2021 First H Shareholders Class Meeting will be set out in the circular of the AGM to be dispatched by the Bank when appropriate.

As at the date of this notice, the Board comprises Mr. Liu Xianting and Mr. Pan Ming as executive directors, Mr. Zeng Huasheng, Mr. Zhang Jianyong and Mr. Li Jianbao as non-executive directors, Mr. Chua Alvin Cheng-Hock, Ms. Gao Yuhui, Mr. Quan Ze and Mr. Yang Tao as independent non-executive directors.

* Bank of Jiujiang 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.

- 51 -