China Minsheng Banking : NOTICE OF 2017 ANNUAL GENERAL MEETING

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ʕ਷͏͛ვБٰ΅Ϟࠢʮ̡ CHINA MINSHENG BANKING CORP., LTD.

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

(Stock Code: 01988)

(USD Preference Shares Stock Code: 04609)

NOTICE OF 2017 ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the 2017 annual general meeting (the "AGM") of China Minsheng Banking Corp., Ltd. (the "Company") will be held at 2:00 p.m. on Thursday, 21 June 2018 at Fifth Meeting Room, Building VIII, Beijing Friendship Hotel, No. 1 Zhongguancun Nandajie, Haidian District, Beijing, PRC, for the consideration and, if thought fit, passing of the following resolutions (special resolutions marked by *):

• 1. The resolution regarding the annual report for 2017 of the Company

• 2. The resolution regarding the final financial report for 2017 of the Company

• 3. The resolution regarding the proposed profit distribution plan for the second half of 2017 of the Company

• 4. The resolution regarding the proposed plan of capital reserve capitalisation for 2017 of the Company

• 5. The resolution regarding the authorization for interim profit distribution for 2018 of the Company

• 6. The resolution regarding the annual budgets for 2018 of the Company

• 7. The resolution regarding the work report of the Board for 2017 of the Company

• 8. The resolution regarding the work report of the Supervisory Board for 2017 of the Company

• 9. The resolution regarding the re-appointment and remuneration of the auditing firms for 2018

• 10. The resolution regarding the amendments to the Administrative Measures of Connected Transactions

• 11.* The resolution regarding the extension of the validity period of the resolutions on the public issuance of A Share Convertible Corporate Bonds and the authorization period to the Board and its authorized persons to exercise full power to deal with matters relating to the issuance

12. The resolution regarding the impacts on dilution of current returns of the public issuance of A Share Convertible Corporate Bonds and the remedial measures

13.* The resolution regarding the report on utilization of proceeds from the previous issuance

14.* The resolution regarding the granting of general mandate for the issuance of Shares to the

Board

15. The resolution regarding the appointment of Mr. Tian Suning as independent non-executive Director

16.* The resolution regarding the amendments to the Articles of Association

CLOSURE OF REGISTER OF MEMBERS

The register of members of the Company will be closed from Tuesday, 22 May 2018 to Thursday, 21 June 2018 (both days inclusive), during which period no transfer of shares of the Company (the "Shares") will be effected. For unregistered holders of H Shares who intend to attend the AGM, all Share certificates and the relevant transfer documents must be lodged with the Company'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, not later than 4:30 p.m. on Monday, 21 May 2018. H Shareholders whose names appear on the register of members of the Company on Tuesday, 22 May 2018 will be entitled to attend and vote at the AGM.

The register of members of the Company will be closed from Wednesday, 27 June 2018 to Monday, 2 July 2018 (both days inclusive), during which period no transfer of Shares of the Company will be effected. For unregistered holders of H Shares who wish to be eligible to receive the dividend and the Capitalisation H Shares, all Share certificates and the transfer documents must be lodged with the Company'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, not later than 4:30 p.m. on Tuesday, 26 June 2018. H Shareholders whose names appear on the register of members of the Company on Monday, 2 July 2018 will be entitled to receive the dividend and the Capitalisation H Shares (subject to the approval by Shareholders at the AGM).

By Order of the Board

CHINA MINSHENG BANKING CORP., LTD.

Hong Qi

Chairman

8 May 2018

As at the date of this announcement, the executive directors of the Company are Mr. Hong Qi, Mr. Liang Yutang and Mr. Zheng Wanchun; the non-executive directors of the Company are Mr. Zhang Hongwei, Mr. Lu Zhiqiang, Mr. Liu Yonghao, Mr. Shi Yuzhu, Mr. Wu Di, Mr. Yao Dafeng, Mr. Song Chunfeng, Mr. Tian Zhiping and Mr. Weng Zhenjie; and the independent non-executive directors of the Company are Mr. Liu Jipeng, Mr. Li Hancheng, Mr. Xie Zhichun, Mr. Cheng Hoi-chuen, Mr. Peng Xuefeng and Mr. Liu Ningyu.

Notes:

• 1. Any member of the Company entitled to attend and vote at the AGM is entitled to appoint one or more proxies to attend and vote in his/her stead. A proxy need not be a member of the Company. If more than one proxy is so appointed, the appointment shall specify the number and class of Shares in respect of which each such proxy is so appointed.

• 2. Shareholders shall appoint their proxies in writing. The form of proxy shall be signed by the Shareholder or his/her/its attorney who has been authorized in writing. If the Shareholder is a corporation, the form of proxy shall be affixed with the corporation's seal or signed by its director, or its attorney duly authorized in writing. If the form of proxy is signed by the attorney of the Shareholder, the power of attorney or other authorization document shall be notarized. For holders of A Shares, the form of proxy together with the power of attorney or other authorization document notarially certified, if any, must be lodged with the office of the Board of the Company at Room 11-10, CMBC North Tower, No. 2 Fuxingmennei Avenue, Xicheng District, Beijing, PRC (postal code: 100031) not less than 24 hours before the time appointed for holding the AGM (i.e. not later than 2:00 p.m. on Wednesday, 20 June 2018) in order for such documents to be valid. For holders of H Shares, the aforementioned documents must be lodged with the H Share registrar, Computershare Hong Kong Investor Services Limited at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, not less than 24 hours before the time appointed for holding the AGM (i.e. not later than 2:00 p.m. on Wednesday, 20 June 2018) in order for such documents to be valid. Completion and delivery of the form of proxy shall not preclude a member of the Company from attending and voting in person at the meeting and, in such event, the instrument appointing a proxy shall be deemed to be revoked.

• 3. Shareholders who intend to attend the AGM (in person or by proxy) shall complete and deliver the reply slip of AGM to Computershare Hong Kong Investor Services Limited or the office of the Board of the Company by hand, post or fax on or before Friday, 1 June 2018.

• 4. Shareholders shall produce their identification documents when attending the AGM.

• 5. If a proxy attends the AGM on behalf of a Shareholder, he/she shall produce his/her identification document and the power of attorney or other documents signed by the appointer or his/her attorney, which specify the date of its issuance. If a representative of a corporate Shareholder attends the AGM, such representative shall produce his/her identification document and the notarized copy of the resolution passed by the board of directors or other authority or other notarized copy of any authorization documents issued by such corporate Shareholder.

• 6. The AGM is expected to last for half a day. Shareholders who attend the AGM (in person or by proxy) shall bear their own travelling, accommodation and other expenses.

• 7. For details of the relevant resolutions, please refer to the Company's annual report for 2017 dated 28 April 2018 and the circular dated 8 May 2018.

• 8. References to times and dates of this notice are to Hong Kong times and dates.