BANK OF CHINA LIMITED, JOHANNESBURG BRANCH - Resignation of Chief Executive Officer and Appointment of Acting Chief Executive Officer

Resignation of Chief Executive Officer and Appointment of Acting Chief Executive Officer

BANK OF CHINA LIMITED (JOHANNESBURG BRANCH)
Registration number: 2000/008434/10
JSE Alpha code: BOCI
(“BOC Johannesburg Branch”)

Resignation of Chief Executive Officer and Appointment of Acting Chief Executive Officer

In accordance with paragraph 6.39 of the Debt Listing Requirements, the Bank of China Limited (“the
Bank”), being the parent company of BOC Johannesburg Branch, advises that Dr Tao Li has resigned
as the Chief Executive Officer of BOC Johannesburg Branch and has been replaced by Mr Huaiyu
Chen who has been appointed as the Acting Chief Executive Officer with effect from 26 February
2021.

Dr Li will be returning to China and has confirmed that he has no disagreement with BOC
Johannesburg Branch. The Bank expresses its sincere gratitude to Dr Li for his contributions during
his tenure.

2 March 2021
Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 02-03-2021 05:24:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.