Bank of Guizhou : RESIGNATION OF PROPOSED NON-EXECUTIVE DIRECTOR

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RESIGNATION OF PROPOSED NON-EXECUTIVE DIRECTOR

References are made to the announcement dated 26 March 2020, the circular (the "Circular") dated 29 April 2020 and poll results of AGM and Class Meetings held on 20 May 2020 of Bank of Guizhou Co., Ltd. (the "Bank") in relation to the proposed appointment of non-executive Directors. Terms used herein shall have the same meanings as those defined in the above Circular unless otherwise specified. Mr. Wang Zhiming ("Mr. Wang") was nominated by the Board of Directors of the Bank (the "Board") as a candidate for non-executive Director at the first meeting of the second session of the Board in 2020, which was approved at the 2019 AGM on 20 May 2020. The position shall be effective from the ratification of his eligibility by China Banking and Insurance Regulatory Commission Guizhou Office (the "CBIRC Guizhou Office"). As at the date of this announcement, Mr. Wang's qualification for appointment as a Director of the Bank is pending the ratification of his eligibility by CBIRC Guizhou Office.

The Board hereby announces that, the Board has received the resignation tendered by Mr. Wang today. Mr. Wang resigned to serve as a proposed non-executive Director due to work arrangement with effect from 21 September 2020.

Mr. Wang has confirmed that he has no disagreement with the Board and there are no other matters in relation to his resignation that needs to be brought to the attention of the shareholders or creditors of the Bank.

By order of the Board

Bank of Guizhou Co., Ltd.

LI Zhiming

Chairman

Guiyang, the PRC, 21 September 2020

As of the date of this announcement, the Board of the Bank comprises Mr. LI Zhiming and Mr. XU An as executive Directors; Ms. GONG Taotao as non-executive Director; and Mr. TANG Xin, Mr. WANG Gefan, Mr. SONG Ke, Mr. LI Shoubing and Mr. LAW Cheuk Kin Stephen as independent non-executive Directors.

• Bank of Guizhou 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 on banking and/or deposit-taking business in Hong Kong.