Resolutions Passed At 2020 Annual General Meeting of China Guangfa Bank Co., Ltd.

 

The 2020 Annual General Meeting (inhere after referred to as the “Meeting” ) of China Guangfa Bank Co., Ltd.(the “Bank”) was held in Guangzhou on 30 June 2021. The Meeting was convened by the 9th Board of Directors of the Bank. The Chairman of Board of Directors of the Bank, Mr. Wang bin, presided over the Meeting.

20 shareholders and proxies attended the Meeting (no one was authorized by other shareholders), the total number of voting shares held by them was 17,747,852,484 (Seventeen Billion Seven Hundred and Forty-seven Million Eight Hundred and Fifty-two Thousand Four Hundred and Eightty-four), 90.15% of total shares of the Bank.10 directors, 6 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. Consider and approve the Proposal on the 2020 Work Report of the Board of Directors of the Bank.

Percentage of Assent

Percentage of Dissent

Percentage of Abstention

Voting result

100.00%

0

0

2. Consider and approve the Proposal on the 2020 Work Report of the Board of Supervisors of the Bank.

Percentage of Assent

Percentage of Dissent

Percentage of Abstention

Voting result

100.00%

0

0

3. Consider and approve the Proposal on the 2020 Final Account Report of the Bank.

Percentage of Assent

Percentage of Dissent

Percentage of Abstention

Voting result

100.00%

0

0

4. Consider and approve the Proposal on the 2020 Preliminary Profit Distribution Plan of the Bank.

Percentage of Assent

Percentage of Dissent

Percentage of Abstention

Voting result

100.00%

0

0

5. Consider and approve the Proposal on the 2021 Financial Budget of the Bank.

Percentage of Assent

Percentage of Dissent

Percentage of Abstention

Voting result

100.00%

0

0

6. Consider and approve the Proposal on the 2020 Remuneration of Directors of the Bank.

Percentage of Assent

Percentage of Dissent

Percentage of Abstention

Voting result

100.00%

0

0

7. Consider and approve the Proposal on the 2020 Remuneration of Supervisors of the Bank.

Percentage of Assent

Percentage of Dissent

Percentage of Abstention

Voting result

100.00%

0

0

8. Consider and approve the Proposal on Issuing 60 Billion Finance Bonds

Percentage of Assent

Percentage of Dissent

Percentage of Abstention

Voting result

100.00%

0

0

The General Meeting approve the Bank on Issuing 60 Billion Finance Bonds, authorization the Board and approve the Board authorization delegation the management to managing the matters by supervise rule. The period of validity is from the day of General Meeting approve to issued.

 

The Board Implementation Report of Authorization by General Meeting of the Bank for the Year 2020The Related Party Transactions Report of the Bank for the Year 2020 and The Circular of the Results of the 2020 Performance Evaluation of Directors and Supervisors of the Bank were also reported at the Meeting.

 

 

 

China Guangfa Bank Co., Ltd.

30 June 2021