The board of directors of China Minsheng Banking Corp. Ltd. announced that, according to the operational needs of the Board committees and by nomination of the chairman of the Board, and pursuant to the Terms of Reference of the Audit Committee of the Board of Directors and the Terms of Reference of the Related Party Transactions Supervision Committee of the Board of Directors, Mr. Han Jianmin, an independent non-executive director, has been appointed as the chairman of the Audit Committee of the Board and the chairman of the Related Party Transactions Supervision Committee of the Board. Mr. Qin Rongsheng no longer serves as the chairman of the Audit Committee of the Board or the chairman of the Related Party Transactions Supervision Committee of the Board.

Mr. Ba Shusong no longer serves as a member of the Related Party Transactions Supervision Committee of the Board. Ms. You Lantian no longer serves as a member of the Audit Committee of the Board. The above appointments come into effect on January 15, 2016.