Bank of Qingdao : PROPOSED CHANGE OF INDEPENDENT NON-EXECUTIVE DIRECTOR NOMINATION OF HE LIANGJUN AS SHAREHOLDER SUPERVISOR AND NOTICE OF 2019 FIRST EXTRAORDINARY GENERAL MEETING

THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

If you are in any doubt as to any aspect of this circular, 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 Qingdao Co., Ltd.*, you should at once hand this circular and the proxy form and reply slip to the purchaser or transferee or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.

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 a solicitation of an offer to acquire, purchase or subscribe for securities or an invitation to enter into an agreement to do any such things, nor is it calculated to invite any offer to acquire, purchase or subscribe for any securities.

Bank of Qingdao Co., Ltd.*

青島銀行 股份有限公 司*

(A joint stock company incorporated in the People's Republic of China with limited liability)

(H Shares Stock Code: 3866)

(Preference Shares Stock Code: 4611)

PROPOSED CHANGE OF INDEPENDENT NON-EXECUTIVE DIRECTOR NOMINATION OF HE LIANGJUN AS SHAREHOLDER SUPERVISOR AND

NOTICE OF 2019 FIRST EXTRAORDINARY GENERAL MEETING

The letter from the Board is set out on pages 3 to 8 of this circular.

The Bank will hold the 2019 First EGM at No. 6 Qinling Road, Laoshan District, Qingdao, Shandong Province, the PRC at 9:00 a.m. on Tuesday, 15 October 2019. The notice, reply slip and proxy form of the 2019 First EGM dated 29 August 2019 have been despatched to the Shareholders pursuant to the Hong Kong Listing Rules.

If you intend to attend and/or vote at the 2019 First EGM, you are required to (i) complete such reply slip in accordance with the instructions printed thereon and return it to the H Share Registrar (for H Shareholder(s)) or the Bank's PRC registered office and principal place of business (for A Shareholder(s)) on or before Wednesday, 25 September 2019; and (ii) complete such proxy form in accordance with the instructions printed thereon and return it to the H Share Registrar (for H Shareholder(s)) or the Bank's PRC registered office and principal place of business (for A Shareholder(s)) not less than 24 hours before the designated time for convening the related meeting or any adjournment thereof. Completion and return of the proxy form shall not affect your right to attend or vote at such meeting or any adjournment thereof in person.

• Bank of Qingdao 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 out banking and/or deposit-taking business in Hong Kong.

24 September 2019

	CONTENTS
		Page
DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1
LETTER FROM THE BOARD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	3
I.	INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	3
II.	MATTERS TO BE CONSIDERED AT THE 2019 FIRST EGM . . . . . . . . . . . . .	4
	1. Proposed Change of Independent Non-Executive Director . . . . . . . . . . . . .	4
	2. Nomination of He Liangjun as Shareholder Supervisor . . . . . . . . . . . . . . .	5
III.	RESPONSIBILITY STATEMENT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	6
IV.	THE 2019 FIRST EGM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	7
V.	METHODS OF VOTING AT THE 2019 FIRST EGM . . . . . . . . . . . . . . . . . . .	7
VI. RECOMMENDATIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	8
NOTICE OF 2019 FIRST EXTRAORDINARY GENERAL MEETING . . . . . . . .	9

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DEFINITIONS

In this circular, unless the context otherwise requires, the following expressions have the following meanings:

"2019 First EGM" or "EGM"	the 2019 first extraordinary general meeting of the Bank
	to be held at No. 6 Qinling Road, Laoshan District,
	Qingdao, Shandong Province, the PRC at 9:00 a.m. on
	Tuesday, 15 October 2019
"A Shareholder(s)"	holder(s) of A Shares
"A Share(s)"	the Bank's ordinary shares of RMB1.00 each, which are
	listed on the Shenzhen Stock Exchange (stock code:
	002948) and traded in RMB
"Articles of Association"	the Articles of Association of the Bank
"Bank"	Bank of Qingdao Co., Ltd. and its branches
"Board" or "Board of Directors"	the board of directors of the Bank
"Board of Supervisors"	the board of supervisors of the Bank
"Director(s)"	the director(s) of the Bank
"H Share Registrar"	Computershare Hong Kong Investor Services Limited
"H Shareholder(s)"	holder(s) of H Shares
"H Shares"	overseas listed foreign shares of RMB1.00 each in the
	share capital of the Bank, which are listed on the Hong
	Kong Stock Exchange (stock code: 03866) and traded in
	Hong Kong dollars
"Hong Kong"	the Hong Kong Special Administrative Region of the
	PRC
"Hong Kong dollars"	Hong Kong dollar, the lawful currency of Hong Kong
"Hong Kong Listing Rules"	the Rules Governing the Listing of Securities on The
	Stock Exchange of Hong Kong Limited, as amended,
	supplemented or otherwise revised from time to time
"Hong Kong Stock Exchange"	The Stock Exchange of Hong Kong Limited

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	DEFINITIONS
"PRC" or "China"	the People's Republic of China, excluding, for the
	purposes of this circular, Hong Kong, Macau Special
	Administrative Region and Taiwan
"Qingdao CBIRC"	Qingdao Supervision and Administration Bureau of
	China Banking and Insurance Regulatory Commission
	(中國銀行保險監督管理委員會青島監管局)
"RMB"	Renminbi, the lawful currency of the PRC
"SFO"	the Securities and Futures Ordinance (Chapter 571 of the
	Laws of Hong Kong)
"Share(s)"	A Shares and/or H Shares of the Bank
"Shareholder(s)"	holder(s) of Shares
"Supervisor(s)"	the supervisor(s) of the Bank

In case of any discrepancy between the Chinese and English versions of this circular, the Chinese version shall prevail.

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LETTER FROM THE BOARD

Bank of Qingdao Co., Ltd.*

青島銀行 股份有限公 司*

(A joint stock company incorporated in the People's Republic of China with limited liability)

(H Shares Stock Code: 3866)

(Preference Shares Stock Code: 4611)

Members of the Board:	Registered Address and
Executive Directors:	Address of Head Office:
GUO Shaoquan (Chairman)	Building No. 3, No. 6 Qinling Road
WANG Lin	Laoshan District
YANG Fengjiang	Qingdao, Shandong Province
LU Lan	PRC

Non-executive Directors:	Address of the Registered Office
ZHOU Yunjie	in Hong Kong:
Rosario STRANO	31st Floor, Tower Two
TAN Lixia	Times Square
Marco MUSSITA	1 Matheson Street
DENG Youcheng	Causeway Bay
CHOI Chi Kin, Calvin	Hong Kong
Independent Non-executive Directors:
WONG Tin Yau, Kelvin
CHEN Hua
DAI Shuping
Simon CHEUNG
FANG Qiaoling
To the Shareholders

PROPOSED CHANGE OF INDEPENDENT NON-EXECUTIVE DIRECTOR NOMINATION OF HE LIANGJUN AS SHAREHOLDER SUPERVISOR AND

NOTICE OF 2019 FIRST EXTRAORDINARY GENERAL MEETING

1. INTRODUCTION

Reference is made to the announcement of the Bank dated 23 August 2019 in relation to the proposed change of independent non-executive Director and nomination of He Liangjun as Shareholder Supervisor. The Board of Directors invites you to attend the 2019 First EGM to be held at No. 6 Qinling Road, Laoshan District, Qingdao, Shandong Province, the PRC, at 9:00 a.m. on Tuesday, 15 October 2019. This circular aims to provide further information on matters set out in the above announcement and the notice of the 2019 First EGM.

• Bank of Qingdao 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 out banking and/or deposit-taking business in Hong Kong.

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LETTER FROM THE BOARD

1. MATTERS TO BE CONSIDERED AT THE 2019 FIRST EGM

1. Proposed Change of Independent Non-Executive Director

1. Appointment of Mr. Tingjie Zhang as an independent non-executive Director of the seventh session of the Board

The Board proposes to appoint Mr. Tingjie Zhang ("Mr. Zhang") as an independent non-executive Director of the seventh session of the Board of the Bank with a term from the date on which such appointment has been considered and approved at the EGM and approved by the Qingdao CBIRC until the expiry of the seventh session of the Board.

Biography of Mr. Zhang, as required to be disclosed pursuant to Rule 13.51(2) of the Hong Kong Listing Rules, is set out as follow:

Mr. Tingjie Zhang, born in 1971, holds a master degree of business administration from the Richard Ivey School of Business at the University of Western Ontario, Canada. Mr. Zhang has been the China co-director and managing director of the Shanghai branch of Rothschild Financial Consulting (Beijing) Co., Ltd. (洛希爾財務諮詢(北京)有限公司) since March 2019. From June 1995 to January 2004, Mr. Zhang served as financial analyst of Repap Enterprises Inc., senior financial analyst of Enbridge Inc., manager of NM Rothschild Canada Inc., and special project manager of Coca-Cola China Ltd. (可口 可樂中國有限公司). From February 2004 to February 2017, he served as the chief representative of the Shanghai Representative Office of Rothschild China Holdings Co., Ltd. (洛希爾中國控股有限公司). From February 2017 to March 2019, he served as the director and managing director of the Shanghai branch of Rothschild Financial Consulting (Beijing) Co., Ltd.

The Bank will enter into a service contract with Mr. Zhang. During his tenure as an independent non-executive Director of the Bank, Mr. Zhang will receive independent non-executive Director allowance of RMB120,000 per year and a subsidy of RMB5,000 for each meeting attended. These allowance and subsidy are determined in accordance with applicable laws, regulations and the relevant remuneration policy of the Bank. Apart from the aforesaid allowance and subsidy, Mr. Zhang will not receive any other remuneration from the Bank.

Save as disclosed above, Mr. Zhang has not held any directorship in any public companies whose securities are listed on any securities market in Hong Kong or overseas, nor any other position held in the Bank or its subsidiaries during the past three years, and he does not have any relationship with any other Directors, Supervisors, members of senior management, substantial Shareholders or controlling Shareholders of the Bank nor any interest in any Shares of the Bank within the meaning under Part XV of the SFO.

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LETTER FROM THE BOARD

Save as disclosed above, Mr. Zhang does not have any other information that is required to be disclosed under Rule 13.51(2)(h) to 13.51(2)(v) of the Hong Kong Listing Rules, nor any other matters that are required to be disclosed under the abovementioned rules at present and in the past. Save as disclosed above, there is no other matter that needs to be brought to the attention of the Shareholders of the Bank.

The above resolution is subject to approval by ordinary resolution at the EGM.

(ii) Resignation of independent non-executive Director

Due to work reasons, the independent non-executive Director of the Bank, Mr. Wong Tin Yau, Kelvin ("Mr. Wong") has tendered his resignation letter to the Board from the position of independent non-executive Director of the seventh session of the Board of the Bank and all positions in the Board committees. Mr. Wong will no longer hold other positions in the Bank after resignation.

Mr. Zhang will assume office as an independent non-executive Director upon receiving regulatory approval on his qualification. Mr. Wong's resignation will take effect when Mr. Zhang assumes office.

Mr. Wong has confirmed that he has no disagreement with the Board and there are no matters relating to his resignation that need to be brought to the attention of the Shareholders and creditors of the Bank.

The Bank would like to express its gratitude to Mr. Wong for his contributions to the Bank in the area of corporate governance during his tenure of service.

2. Nomination of He Liangjun as Shareholder Supervisor

The Board of Supervisors nominates Mr. He Liangjun ("Mr. He") as the candidate for Shareholder Supervisor of the Bank with a term from the date on which such appointment has been considered and approved at the EGM and until the expiry of the seventh session of the Board of Supervisors.

Biography of Mr. He, as required to be disclosed pursuant to Rule 13.51(2) of the Hong Kong Listing Rules, is set out as follow:

Mr. He Liangjun, born in 1973, holds a master degree of business administration from China Europe International Business School and is a senior engineer. Mr. He has served as a director and secretary to the board of Qingdao East Steel Tower Stock Co., Ltd. (青島東方鐵 塔股份有限公司) since April 2007. Since February 2014, he has served as a supervisor of Qingdao Hairen Investment Co., Ltd. (青島海仁投資有限責任公司). Mr. He was the head of the East China business department, China headquarter of LG INDUSTRIES from July 1996 to September 1997, the head of the East China business department and the manager of the marketing department of Qingdao East Steel Tower Stock Co., Ltd. from August 1999 to March

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LETTER FROM THE BOARD

2007. Mr. He has been a director of Jingneng (Qianxi) Power Generation Co., Ltd. (京能(遷西) 發電有限公司) since August 2014. He has been an executive director of Nanjing Shineng New Energy Technology Co., Ltd. (南京世能新能源科技有限公司) since June 2016. He has served as a director of Sichuan Huiyuanda Potash Fertilizer Co., Ltd. (四川省匯元達鉀肥有限責任公 司) since October 2016. Since January 2017, he has served as an executive director of Suzhou World Technology New Energy Technology Co., Ltd. (蘇州世利特新能源科技有限公司).

The Bank will enter into a service contract with Mr. He. During his tenure as a Shareholder Supervisor of the Bank, Mr. He will receive Shareholder Supervisor allowance of RMB56,000 per year and a subsidy of RMB3,500 for each meeting attended. These allowance and subsidy are determined in accordance with applicable laws, regulations and the relevant remuneration policy of the Bank. Apart from the aforesaid allowance and subsidy, Mr. He will not receive any other remuneration from the Bank.

Save as disclosed above, Mr. He has not held any directorship in any public companies whose securities are listed on any securities market in Hong Kong or overseas, nor any other position held in the Bank or its subsidiaries during the past three years, and he does not have any relationship with any other Directors, Supervisors, members of senior management, substantial Shareholders or controlling Shareholders of the Bank nor any interest in any Shares of the Bank within the meaning under Part XV of the SFO.

Save as disclosed above, Mr. He does not have any other information that is required to be disclosed under Rule 13.51(2)(h) to 13.51(2)(v) of the Hong Kong Listing Rules, nor any matters that are required to be disclosed under the abovementioned rules at present and in the past. Save as disclosed above, there is no other matter that needs to be brought to the attention of the Shareholders of the Bank.

The above resolution is subject to approval by ordinary resolution at the EGM.

III. RESPONSIBILITY STATEMENT

This circular, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Hong Kong Listing Rules for the purpose of giving information with regard to the Bank. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief, the information contained in this circular is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this circular misleading.

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LETTER FROM THE BOARD

IV. THE 2019 FIRST EGM

The Bank intends to convene the 2019 First EGM at No. 6 Qinling Road, Laoshan District, Qingdao, Shandong Province, the PRC, at 9:00 a.m. on Tuesday, 15 October 2019 to consider and, if thought fit, to pass matters as set out in the notice of the 2019 First EGM. Notice, form of proxy and reply slip of the 2019 First EGM dated 29 August 2019 have been published in accordance with the Hong Kong Listing Rules. The notice of the 2019 First EGM is set out on pages 9 to 10 of this circular.

If you intend to attend the 2019 First EGM, you are required to complete and return the reply slip to the Bank's H Share Registrar (for H Shareholder(s)) or the Bank's PRC registered office and principal place of business (for A Shareholder(s)) on or before Wednesday, 25 September 2019.

Completion and return of the form(s) of proxy(ies) will not preclude you from attending and voting in person at the 2019 First EGM or at any adjournment, and completion and return of the reply slip do not affect the right of a Shareholder to attend and vote at the respective meeting.

Closure of Register of Members and Eligibility to Attend and Vote at the 2019 First EGM

The share register of members of the Bank will be closed from Sunday, 15 September

2019 to Tuesday, 15 October 2019 (both days inclusive), during which period no Share transfer will be registered. In order to be eligible to attend and vote at the 2019 First EGM, H Shareholders of the Bank must lodge the Share transfer documents accompanied by the relevant Share certificates and other appropriate documents with the Bank's H Share Registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong no later than 4:30 p.m. on Friday, 13 September 2019. Shareholders whose names appear in the register of members of the Bank at the close of business on Friday, 27 September 2019, will be eligible to attend and vote at the 2019 First EGM.

1. METHODS OF VOTING AT THE 2019 FIRST EGM

Pursuant to the requirements of Rule 13.39(4) of the Hong Kong Listing Rules, voting by the Shareholders at the 2019 First EGM shall be taken by the way of poll.

To the best knowledge of the Bank, no Shareholder or its associate is deemed to have a material interest in any of the resolutions at the 2019 First EGM, and therefore no Shareholder is required to abstain from voting on any resolutions.

Please be advised that pursuant to Article 62 of the Articles of Association, where a Shareholder pledges 50% or more of his/her equity interests in the Bank, the voting rights of such Shareholder at the 2019 First EGM shall be subject to restrictions.

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LETTER FROM THE BOARD

VI. RECOMMENDATIONS

The Board (including the independent non-executive Directors) considers that the resolutions to be proposed at the 2019 First EGM are in the interests of the Bank and the Shareholders as a whole. Accordingly, the Board recommends the Shareholders to vote in favor of all resolutions to be proposed at the 2019 First EGM.

By order of the Board

Bank of Qingdao Co., Ltd.*

GUO Shaoquan

Chairman

Shandong, the PRC, 24 September 2019

• Bank of Qingdao 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 out banking and/or deposit-taking business in Hong Kong.

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NOTICE OF 2019 FIRST EXTRAORDINARY GENERAL MEETING

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

Bank of Qingdao Co., Ltd.*

青島 銀行股份有 限公司 *

(A joint stock company incorporated in the People's Republic of China with limited liability)

(H Shares Stock Code: 3866)

(Preference Shares Stock Code: 4611)

NOTICE OF 2019 FIRST EXTRAORDINARY

GENERAL MEETING

NOTICE IS HEREBY GIVEN that the 2019 first extraordinary general meeting (the "2019 First EGM") of Bank of Qingdao Co., Ltd. (the "Bank") will be held at No. 6 Qinling Road, Laoshan District, Qingdao, Shandong Province, the People's Republic of China (the "PRC"), at 9:00 a.m. on Tuesday, 15 October 2019 for the purposes of considering and, if thought fit, passing the following resolutions:

ORDINARY RESOLUTIONS

1. to consider and approve the resolution on the change of the independent director of the seventh session of the board of directors of Bank of Qingdao Co., Ltd.
2. to consider and approve the resolution on the election of Mr. He Liangjun as the shareholder supervisor of the seventh session of the board of supervisors of Bank of Qingdao Co., Ltd.

The Bank will despatch the circular of the 2019 First EGM to shareholders on or before 24 September 2019.

By order of the Board

Bank of Qingdao Co., Ltd.*

Guo Shaoquan

Chairman

Qingdao, Shandong Province, the PRC, 29 August 2019

As at the date of this notice, the board of directors of the Bank comprises Mr. Guo Shaoquan, Mr. Wang Lin, Mr. Yang Fengjiang and Ms. Lu Lan as executive directors; Mr. Zhou Yunjie, Mr. Rosario Strano, Ms. Tan Lixia, Mr. Marco Mussita, Mr. Deng Youcheng and Mr. Choi Chi Kin, Calvin as non-executive directors; Mr. Wong Tin Yau, Kelvin, Mr. Chen Hua, Ms. Dai Shuping, Mr. Simon Cheung and Ms. Fang Qiaoling as independent non-executive directors.

• Bank of Qingdao 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 out banking and/or deposit-taking business in Hong Kong.

Notes:

1. Pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"), all resolutions proposed at the meeting shall be voted by poll, except for those related to procedural or administrative matters to be voted by a show of hands as permitted by the chairman. Results of the poll voting will be published on the websites of the Hong Kong Exchanges and Clearing Limited (www.hkexnews.hk) and the Bank (www.qdccb.com) as required by the Listing Rules.

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NOTICE OF 2019 FIRST EXTRAORDINARY GENERAL MEETING

1. Closure of register of members and eligibility for attending and voting at the 2019 First EGM
   H shareholders of the Bank are advised that the share register will be closed from Sunday, 15 September 2019 to Tuesday, 15 October 2019 (both days inclusive). To be eligible for attending and voting at the 2019 First EGM, the transfer documents together with relevant share certificates and other appropriate documents must be deposited at 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 by no later than 4:30 p.m. on Friday, 13 September 2019. Shareholders whose names appear on the register of members of the Bank at the close of business on Friday, 27 September 2019 are entitled to attend and vote at the 2019 First EGM. Pursuant to the requirement of the Articles of Association of the Bank, where a shareholder pledges 50% or more of his/her equity interests in the Bank, the voting rights of such shareholder at the 2019 First EGM shall be subject to restrictions.
2. Reply slip
   Shareholders who intend to attend and vote at the 2019 First EGM in person or by proxy are required to complete and return the enclosed reply slip to the Bank's H Share registrar (for H shareholder(s)) or the Bank's PRC registered office and principal place of business (for A shareholder(s)) on or before Wednesday, 25 September 2019. The reply slip may be delivered by hand, by post or by fax to Computershare Hong Kong Investor Services Limited, the Bank's H share registrar (for H shareholder(s)), or the Bank's PRC registered office and principal place of business (for A shareholder(s)).
   In the event that shareholders do not return the reply slips, and the reply slips state that the number of shares with voting right represented by those shareholders intending to attend the 2019 First EGM does not amount to half of the total number of shares with voting right of the Bank, the 2019 First EGM may be adjourned.
3. Proxy
   Any shareholder entitled to attend and vote at the 2019 First EGM is entitled to appoint one or more persons (whether such person is a shareholder of the Bank or not) as his/her proxy or proxies to attend and vote on his/her behalf at the 2019 First EGM. As far as all joint shareholders of any shares are concerned, only the joint shareholder whose name appears first in the share register of members has the right to receive the share certificate of the relevant shares from the Bank, to receive notices of the Bank and any notice served on such a shareholder shall be treated as having been served on all the other joint shareholders of those shares. In the case of joint shareholders, any one shareholder may sign the proxy form(s). In the event that more than one joint shareholder attends the meeting in person or by proxy, the vote of the senior joint shareholder who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of the votes of the other joint shareholder(s) and for this purpose, seniority will be determined by the order in which the names stand in the share register of members in respect of the joint shareholding.
   The appointment of a proxy must be in writing with a form under the hand of the appointer or his/her attorney duly authorised in writing. For a corporate appointer, the proxy form must be affixed with the common seal or signed by its director or attorney duly authorised in writing. To be valid, the instrument appointing a proxy together with the power of attorney or other authorisation document (if any) or a notarially certified copy of that power of attorney or other authorisation document must be completed and returned to the Bank's H share registrar (for H shareholder(s)) or the Bank's PRC registered office and principal place of business (for A shareholder(s)) not less than 24 hours before the designated time for the holding of the 2019 First EGM or any adjournment thereof. Completion and return of the form(s) of proxy will not preclude shareholders from attending and voting in person at the 2019 First EGM or at any adjournment if he/she so wishes.
4. Others

1. The 2019 First EGM is estimated to last no longer than half a working day. Shareholders who attend the meeting in person or by proxy shall bear their own traveling and accommodation expenses.
2. Address of Computershare Hong Kong Investor Services Limited:
   17M Floor, Hopewell Centre
   183 Queen's Road East, Wanchai Hong Kong
   Tel: [phone]
   Fax: [phone]
   Address of the PRC registered office and principal place of business of the Bank:
   No. 6 Qinling Road Laoshan District Qingdao Shandong Province
   PRC
   Tel: [phone] ext 6
   Fax: [phone]

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