Chong Hing Bank : (1) Poll Results of 2021 Annual General Meeting; (2) Change of Book Closure Dates and Final Dividend Payment Date; and (3) Change of Composition of Board Committees

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(Incorporated in Hong Kong with limited liability) (Stock Code: 01111)

1. POLL RESULTS OF 2021 ANNUAL GENERAL MEETING;
2. 1. CHANGE OF BOOK CLOSURE DATES AND FINAL DIVIDEND PAYMENT DATE; AND

1. CHANGE OF COMPOSITION OF BOARD COMMITTEES

POLL RESULTS OF 2021 ANNUAL GENERAL MEETING

Chong Hing Bank Limited (the "Bank") announces that at its Annual General Meeting held on Friday, 14 May 2021 (the "AGM"), a poll was demanded by the Chairman of the AGM for voting on all the proposed resolutions as set out in the notice of AGM dated 15 April 2021 (the "Notice of AGM").

The poll results in respect of all the resolutions proposed at the AGM are set out below:

		Ordinary Resolutions	Number of Votes (%)	Passed by
				Shareholders
		For	Against
1. To receive the audited Consolidated Financial
	Statements, the Report of the Directors and	801,280,277	48,078	Yes
	the Independent Auditor's Report for the year	(99.994000%)	(0.006000%)
	ended 31 December 2020.
2. To declare a final cash dividend of HK$0.23	801,328,277	78
	per	share for the year ended 31 December	Yes
	(99.999990%)	(0.000010%)
2020.
3. (i)	To re-elect Mr LI Feng as Non-executive	801,014,187	314,168	Yes
		Director.	(99.960794%)	(0.039206%)
	(ii)	To re-elect Mr CHENG Yuk Wo as	799,778,241	1,550,114	Yes
		Independent Non-executive Director.	(99.806557%)	(0.193443%)

1. To resolve not to fill up the vacated office resulting from the retirement of Mr

MA Chiu	Cheung	Andrew	as	801,328,187	168	Yes
Independent Non-executive Director as	(99.999979%)	(0.000021%)
at the date of this Meeting until a later
time as announced by the Bank.
4. To re-appoint PricewaterhouseCoopers as the	801,328,187	168
Auditor of the	Bank and to	authorise	the	Yes
(99.999979%)	(0.000021%)
directors of the Bank to fix its remuneration.
5. To grant a general mandate to the directors of
the Bank to buy back shares in the Bank not	801,328,187	168
exceeding 10 per cent of the total number of	Yes
(99.999979%)	(0.000021%)
shares of the Bank in issue as at the date of
passing this Resolution.*

6. To grant a general mandate to the directors of the Bank to allot, issue and deal with

additional shares in the Bank not exceeding	799,773,980	1,554,375	Yes
20 per cent of the total number of shares of	(99.806025%)	(0.193975%)
the Bank in issue as at the date of passing this
Resolution.*
7. To extend the general mandate granted under
Resolution 6 by adding the number of shares	799,803,980	1,524,375
of the Bank bought back under Resolution 5	Yes
(99.809769%)	(0.190231%)
to the number of additional shares permitted
to be allotted, issued and dealt with.*
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	Ordinary Resolutions	Number of Votes (%)	Passed by
			Shareholders
	For	Against
8.	To grant a specific mandate to the directors of
	the Bank for the proposed allotment and issue	800,017,980	1,310,375	Yes
	of the new shares to the Connected Grantees	(99.836475%)	(0.163525%)
	pursuant to the specific mandate.*
9.	To approve, confirm and ratify the grant of	800,017,980	1,310,375
	24,311 Award Shares pursuant to the Share	Yes
	(99.836475%)	(0.163525%)
	Award Scheme to Mr ZONG Jianxin.
10.	To approve, confirm and ratify the grant of	800,017,980	1,310,375
	16,612 Award Shares pursuant to the Share	Yes
	(99.836475%)	(0.163525%)
	Award Scheme to Mr LAU Wai Man.
11.	To approve, confirm and ratify the grant of	800,017,980	1,310,375
	8,914 Award Shares pursuant to the Share	Yes
	(99.836475%)	(0.163525%)
	Award Scheme to Mr WOO Pak Kin Clement.
* The	full text of resolutions 5 to 8 are set out in the	Notice of AGM.

As of the date of the AGM, a total of 972,862,220 shares of the Bank were in issue. In accordance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Bank's circular dated 15 April 2021 (the "Circular"), Messrs. Zong Jianxin, Lau Wai Man and Woo Pak Kin Clement who are interested in 42,164 shares, 19,257 shares and 2,528 shares of the Bank respectively, in the aggregate of 63,949 shares representing approximately 0.0066% of the total number of shares of the Bank in issue as at the date of the AGM, were required to abstain, and have abstained, from voting on resolutions 8 to 11 at the AGM. Accordingly, the total number of shares entitling the independent shareholders to attend and vote on resolutions 8 to 11 at the AGM was 972,798,271 shares, representing approximately 99.9934% of the total number of shares of the Bank in issue as of the date of the AGM. The total number of shares entitling the holders to attend and vote on resolutions 1 to 7 at the AGM was 972,862,220 shares. Save as disclosed above,

1. there was no shares entitling the holders to attend and abstain from voting in favour at the AGM as set out in rule 13.40 of the Listing Rules; (ii) no shareholder of the Bank was required to abstain from voting at the AGM under the Listing Rules; and (iii) no shareholder of the Bank had indicated in the Circular that they intend to abstain from voting on or vote against any of the resolutions at the AGM.

Computershare Hong Kong Investor Services Limited, the Bank's share registrar and transfer office, acted as the scrutineer for vote-taking at the AGM.

CHANGE OF BOOK CLOSURE DATES AND FINAL DIVIDEND PAYMENT DATE

Reference is made to the annual results announcement of the Bank dated 4 March 2021 (the "Annual Results Announcement"). Unless otherwise stated, capitalised terms used herein shall have the same meanings as those defined in the Annual Results Announcement.

As disclosed in the Annual Results Announcement, subject to the approval of shareholders of the Bank ("Shareholders") at the 2021 AGM, the final cash dividend of HK$0.23 per share for the year ended 31 December 2020 ("Final Dividend") will be paid on Wednesday, 2 June 2021 to Shareholders whose names appear on the register of members of the Bank on Tuesday, 25 May 2021. For the purpose of ascertaining Shareholders' entitlement to the Final Dividend, the register of members of the Bank will be closed from Monday, 24 May 2021 to Tuesday, 25 May 2021 (both days inclusive).

At the 2021 AGM, the declaration of the Final Dividend has been approved by the Shareholders. Given that the trading in the shares of the Bank on The Stock Exchange of Hong Kong Limited has been halted since 6 May 2021 and will continue to be halted until publication of an inside information announcement, the book closure dates and the payment date in respect of the Final Dividend as originally scheduled and stated in the Annual Results Announcement will be changed and postponed to such dates after trading of the shares of the Bank resumes (as may be set out in a further announcement of the Bank). An announcement setting out the revised book closure dates and the revised payment date in respect of the Final Dividend in accordance with the requirements of the Listing Rules will be made by the Bank as soon as practicable after resumption of trading in the shares of the Bank.

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CHANGE OF COMPOSITION OF BOARD COMMITTEES

As announced by the Bank on 4 March 2021, Mr Ma Chiu Cheung Andrew retired as an Independent Non-executive Director of the Bank and also ceased to be the chairman of the Connected Party Transactions Committee and a member of the Nomination and Remuneration Committee of the Bank at the conclusion of the AGM.

The board of directors of the Bank announces that with effect from the conclusion of the AGM, Mr Cheng Yuk Wo, an Independent Non-executive Director of the Bank, has been appointed as the chairman of the Connected Party Transactions Committee of the Bank.

By Order of the Board

Chong Hing Bank Limited

Lai Wing Nga

Company Secretary

Hong Kong, 14 May 2021

As at the date of this announcement, the board of directors of the Bank comprises:

• Executive Directors
  Mr ZongJianxin (Deputy Chairman and Chief Executive) and Mr LauWai Man (Deputy Chief Executive);
• Non-executiveDirectors
  Mr ZhangZhaoxing (Chairman), Mr LiFeng, Mr ChowCheuk Yu Alfred and Ms ChenJing; and
• Independent Non-executive Directors
  Mr ChengYuk Wo, Mr LeeKa Lun and Mr YuLup Fat Joseph.

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