Luzhou Bank : APPROVAL ON THE QUALIFICATION OF VICE PRESIDENT OF THE BANK BY THE REGULATORY AUTHORITY

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Luzhou Bank Co., Ltd.*

瀘 州 銀 行 股 份 有 限 公 司 *

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

(Stock code: 1983)

APPROVAL ON THE QUALIFICATION OF VICE PRESIDENT OF

THE BANK BY THE REGULATORY AUTHORITY

Reference is made to the announcement dated December 20, 2019 (the "Announcement") of Luzhou Bank Co., Ltd. (the "Bank") in relation to the appointment of Mr. WU Ji ("Mr. WU") as the vice president of the Bank. Unless otherwise stated, terms used in this announcement shall have the same meanings as defined in the Announcement.

The Bank has recently received the Approval on the Qualification of Vice President WU Ji of

Luzhou Bank Co., Ltd. issued by the China Banking and Insurance Regulatory Commission Sichuan Office (Chuan Yin Bao Jian Fu [2020] No. 384) 《( 中國銀保監會四川監管局關於核准 吳極瀘州銀行股份有限公司副行長任職資格的批覆》(川銀保監覆[2020]384號)) from the China Banking and Insurance Regulatory Commission Sichuan Office ("CBIRC Sichuan Office").

Pursuant to the relevant requirements, the CBIRC Sichuan Office has approved the vice president qualification of Mr. WU, whose term of office commenced from August 10, 2020. For the biography of Mr. WU, please refer to the Announcement.

By order of the Board

Luzhou Bank Co., Ltd.*

YOU Jiang

Chairman

Luzhou, the PRC, August 20, 2020

As at the date of this announcement, the Board comprises Mr. YOU Jiang, Mr. XU Xianzhong and Mr. LIU Shirong as executive Directors, Ms. PAN Lina, Mr. XIONG Guoming, Mr. LIU Qi, Mr. DAI Zhiwei and Ms. LIU Anyuan as non-executive Directors and Mr. GU Mingan, Mr. HUANG Yongqing, Mr. YE Changqing and Mr. TANG Baoqi as independent non-executive Directors.

• Luzhou Bank 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/deposit-taking business in Hong Kong.