Resolutions Passed At 2021 First Extraordinary General Meeting of China Guangfa Bank Co., Ltd.

 

The 2021 First Extraordinary General Meeting (inhere after referred to as the “Meeting” ) of China Guangfa Bank Co., Ltd.(the “Bank”) was held in Guangzhou on 20 January 2021. The Meeting was convened by the 9th Board of Directors of the Bank. The f Director of the Bank, Mr. Yin Yi, presided over the Meeting.

22 shareholders and proxies attended the Meeting (no one was authorized by other shareholders), the total number of voting shares held by them was 17,619,720,589 (Seventeen Billion Six Hundred and Nineteen Million Seven Hundred and Twenty Thousand Five Hundred Eighty-Nine), 89.50% of total shares of the Bank.6 directors, 3 supervisors and certain senior management members attended the Meeting in non-voting capacity.

The convening of the Meeting and voting procedures were in compliance with the requirements of the Company Law of the PRC and the Articles of Association of China Guangfa Bank Co., Ltd. The resolutions of the Meeting were lawful and valid.

All qualified shareholders and proxies attending the Meeting considered all proposals and voted one after another. The resolutions of the Meeting passed as follow:

1. Proposal on the Capital Increase Plan in 2020.

Percentage of Assent

Percentage of Dissent

Percentage of Abstention

Voting result

99.92%

0%

0.08%

The Capital Increase Plan should be examined and approved by the supervisory institutions such as CBRC etc, and will be amended by the requirement from the supervisory institutions or the authorization from the shareholders’ general meeting of the Bank

2. Proposal on the Increase in Registered Capital of the Bank

Percentage of Assent

Percentage of Dissent

Percentage of Abstention

Voting result

99.92%

0%

0.08%

The Capital Increase Plan should be examined and approved by the supervisory institutions such as CBRC etc, and will be amended by the requirement from the supervisory institutions or the authorization from the shareholders’ general meeting of the Bank

3. Proposal on Amendments to the Articles of Association of China Guangfa Bank Co., Ltd

Percentage of Assent

Percentage of Dissent

Percentage of Abstention

Voting result

99.92%

0%

0.08%

The shareholders’ general meeting of the Bank gives its assent to authorize the Board of Directors or proxies authorized by the Board of Directors to amend the clauses of the Article of Association of China Guangfa Bank Co., Ltd. according to the final settlement of the Capital Increase Plan, and arrange amendment formalities such as requirement by supervisory institution and business registration etc. in time

4. Proposal on Shareholders’ General Meeting on Authorizing the Board of Directors to Deciding upon and Implementing Capital Increase in 2020.

Percentage of Assent

Percentage of Dissent

Percentage of Abstention

Voting result

99.92%

0%

0.08%

For further implementing the Capital Increase Plan, the shareholders’ general meeting gives its assent to authorize the Board of Directors to decide the details of the Capital Increase Plan and to authorize proxies to implement them.

 

China Guangfa Bank Co., Ltd.

20 January 2021