#1重庆银行 BANK OF CHONGQING Bank of Chongqing Co., Ltd. 2022 Annual Results Presentation April 2023#2Disclaimer 重庆银行 BANK OF CHONGQING By attending this presentation, you are agreeing to be bound by the restrictions set out below. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. The information and opinions contained in this presentation are intended solely for your personal reference and are strictly confidential. The information and opinions contained in this presentation have not been independently verified, and no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of, the information or opinions contained herein. 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Bank of Chongqing 2022 Annual Results Presentation#3CONTENTS 01 Business Performance 02 Operating Highlights Contents 03 Development Keywords 04 New Strategic Journey#4Bank of Chongqing 2022 Annual Results Presentation 重庆银行 BANK OF CHONGQING Business Performance 01 00004 0000 2005 A00S 00S SOOS 1000 000#5Business Performance Strong ability to go through the cycle 10.6% 684,713 Total assets 618,954 561,641 (RMB in millions) End of 2020 End of 2021 10.9% End of 2022 Total loans 352,573 318,062 283,227 End of 2020 End of 2021 13.0% End of 2022 382,594 ✓ Economic Center of the Upper Reaches of the Yangtze River ✓ Core cities of Chengdu-Chongqing Economic Rim ✓ Financial center of Western China ✓ Important Connection Point for the "Belt and Road Initiative" ✓ Important Connection Point for the Yangtze River Economic Belt ✓ Important Strategic pivot for the development of Western China Total deposits 314,500 338,695 End of 2020 End of 2021 End of 2022#6羔 Business Performance Profit before tax 5,734 2020 Operating income 6,092 3.2% Strong ability to go through the cycle 6,289 Net profit 2021 2022 14,515 13,048 13,465 4,859 4,566 2020 Net interest margin 5.3% 5,117 2021 2022 2.27% 2.06% 1.74% 2020 2021 2022 2020 2021 2022 (RMB in millions)#7重庆银行 BANK OF CHONGQING Operating Highlights 02 Bank of Chongging 2022 Annual Results Presentation 中醫(需庆)自由贸潮试协置#8Operating Highlights Proportion of loans for the real economy Proportion of deposits 60.52% 79.20% 60.42% 59.45% Innovation for Change Pays off Contribution by branches located in Sichuan, Shaanxi and Guizhou Province to the increase in loans Proportion of savings deposits 38.74% 26.13% 43.70% 41.31% End of 2020 End of 2021 End of 2022 End of 2020 End of 2021 End of 2022#9Operating Highlights Non-performing loan ratio 1.38% 211.19% Innovation for Change Pays off Provision coverage ratio 2.91% Loan provision rate Comprehensive management System consolidation E Control of incremental loans#10Total assets Total liabilities Operating income Operating Highlights 424 520 Net profit Provision coverage ratio Non- performing loan ratio 0.50% 0.80% 30,245 26,273 31,286 913 1,137 1864.20% 593.76% 35,649 Innovation for Change Pays off (RMB in millions) The Bank actively served the construction of the Chengdu- Chongqing Economic Rim, with the investment of RMB6.958 billion in Chengdu and Chongqing In response to the strategic goals of "carbon peaking" and "carbon neutrality", the Bank provided financial leasing services amounting to RMB277 million for the photovoltaic related manufacturing enterprises יויויו The Bank is qualified for bond trading and pledged repo in the inter-bank market, thus broadening the financing channels and enriching financing items#11Operating Highlights Innovation for Change Pays off Average cost ratio of interest- bearing liabilities 2.99% 2020 Core Tier I capital adequacy ratio 8.39% Cost-to-income ratio 2.94% 2.85% 20.64% 2021 2022 2020 Risk-weighted asset ratio 9.52% 76.20% 9.36% 25.25% 21.44% 2021 2022 74.61% 70.07% End of 2020 End of 2021 End of 2022 End of 2020 End of 2021 End of 2022#12Operating Highlights Inclusive Small and Micro Enterprise Loans 34,259 39,783 43,619 Innovation for Change Pays off Number of customers with inclusive small and micro enterprise loans (RMB in millions, customer) 54,401 46,968 53,950 End of 2020 End of 2021 End of 2022 The Bank established the scenario-based agile team for the batch business of inclusive finance End of 2020 End of 2021 End of 2022 Service Efficiency 鏈 Improvement 全新推出 NEW LAUNCH 服 The Bank established the "Huiyu Cloud Manager (Z)" and the "Cross-border Financial Manager (*)" The Bank innovatively developed a series of products including "Chuang Xiang Dai ()", "Commercial Value Secured Loan (R)", "Lvye Loan ()", "Science and Technology Innovation Loan ()", "Tongdao e Financing (e)" and "Jie e Dai (e)" • The balance of loans for enterprises "that apply special, sophisticated techniques to produce unique and novel products" increased several times over • The balances of inclusive cultural tourism loans and inclusive agricultural loans increased by 27% and 18% respectively. The balance of "Jie e Dai (e)", a self-operated online loan, increased by 1.5 times. ● 重庆银行 BANK OF CHONORG 乡村振兴贷 Practice Responsibilities Note: Inclusive Small and Micro Enterprise Loans means loans for small and micro enterprises with a total credit line of RMB10 million or less for a single customer (excluding bill discounting and re-discounting businesses).#13Operating Highlights Innovation for Change Pays off - In 2023, we will maintain the coordinated development of four major businesses, namely retail business, corporate business, investment bank and financial market, and asset management, and create a new situation of high-quality development. Foundation 01 consolidation Risk prevention 03 and control 04 02 Cost reduction and efficiency improvement Enabling by technology#14Operating Highlights Innovation for Change Pays off Foundation consolidation for promoting development The Bank deeply tapped into the strategic opportunities from the Chengdu-Chongqing Economic Rim strategy, so as to develop the corporate business; The Bank dedicated to the construction of the new land and sea corridors in Western China, and properly provided supporting services for investment promotion; The Bank focused on the development of modern industries, kept a close eye on the "2 + 6 + X" advanced manufacturing industrial cluster in Chongqing, and actively acquired customers in the key industrial chain; The Bank practiced the philosophy of green development and fully supported inclusive small and micro enterprise loans The Bank continuously deepened the hierarchical and classified management of customers, thus promoting the steady decline in the costs of debts; The Bank paid attention to increase income and save energy, strengthened budget management and improved operational efficiency; The Bank continuously accelerated the development of wealth management, trade finance, agency business and credit card business, and improved its investment and trading capabilities. Cost reduction and efficiency improvement#15Operating Highlights Risk prevention and control, and benefit stabilization The Bank implemented the "five in one" limit management system and accelerated the reform of the independent approver system; ■The Bank set up a middle office for credit risk control, so as to properly carry out early identification, early warning and early treatment; ■The Bank strengthened the philosophy of "loss reduction and efficiency enhancement" to collect all receivables as far as possible; ■The Bank paid great attention to the "gray rhino" in relation to interest rate risks, so as to prevent the impact of the market risk spillover. AM Sta Innovation for Change Pays off 高盛 3 Service enhancement by technology The Bank accelerated the development of self-operated online credit loans and continuously expanded the "product library" of digital credit loans With a focus on the needs of customers, the Bank built a "platform + capability + application" paradigm for innovative application of science and technology; With the "Industrial Huilian" and other platforms, the Bank customized comprehensive financial service solutions for key industries.#16Bank of Chongqing 2022 Annual Results Presentation 重庆银行 BANK OF CHONGQING Development Keywords 03#17Development Keywords * Highlights Quality Foundation#18Development Keywords Striving for the first place and showing the highlights of performance 10% 11% Overall Increase 10.6% 12.6% The major scale indicators continued to grow at a rate of over 10% Compound growth rate of total assets in the past three years Compound growth rate of total deposits in the past three years Compound growth rate of total loans in the past three years#19Development Keywords Striving for the first place and showing the highlights of performance Benefit Improvement 39.7 38.7 41.3 1.37 1.28 1.31 8.97 8.40 10.07 >30% Dividend payout ratio in the past three years 5.8% Compound growth rate of net profit 10% Profit contribution of finance lease branches Quality Improvement 69.8% Average asset per outlet (Hundred Million RMB) Per capita assets (Hundred Million RMB) Saving deposits per outlet (Hundred Million RMB) Loan deviation 26.4% Credit cost/operating income#20Development Keywords Striving for the first place and showing the highlights of performance The Bank successfully issued A share convertible bonds, tier II capital bonds and perpetual bonds. The Banker JULY 2007 TOP по WORLD BANKS The Bank ranked among the world's top 300 banks rated by The Banker for the seventh year in a row The Bank maintained its investment grade rating with a stable outlook from S&P for the sixth year in a row The Free Trade Zone Branch of the Bank was approved to be established and officially opened. The Bank was the only bank in China that was selected for pilot supervision of financial technology innovation by the Central Bank for the third year in a row The Bank was the only city commercial bank in China that was included the list of "Double-Hundred Enterprises" of the SASAC of the State Council#21Development Keywords Pioneering and innovating for quality transformation Transition to innovation-driven development • CIT Strong scientific and technological innovation In the past three years, the Bank has implemented more than 300 digital projects, with the average annual investment in innovation increasing by 21% The Bank was the only bank in China that was selected for pilot supervision of financial technology innovation by the People' s Bank of China for the third year in a row The Bank promoted digital RMB and ranked first in terms of both indirect and direct connection of local corporate banks ed • Effective innovation of products The Bank carried out independent innovation and iteration of digital credit series products, with the launch of a total of more than 60 sub- products, and the increase of 44% in the loan balance The Bank provided the world's first batch of railway bill financing, "Tongdao e Financing (e)", which was China's first exclusive online credit loan product, the city' s first science and technology innovation bill, and the city's first green loan that meets the standard of "China-EU Common Classification Catalogue" Practice and innovation The Bank broadened the market-oriented capital replenishment channels, and successfully issue RMB13 billion A share convertible bonds, which is the first convertible bonds of the listed small and medium-sized banks with A shares and H shares in China and the first convertible bonds of the listed financial institutions in the city. The Bank successfully issued RMB5 billion tier II capital bonds and RMB4.5 billion perpetual bonds.#22Development Keywords Transition to governance improvement Pioneering and innovating for quality transformation Highlighting and deepening the reform • The Bank promoted 113 key reform tasks on a project basis. • The Bank was the only city commercial bank in China that was included the list of "Double-Hundred Enterprises" of the SASAC of the State Council • A total of more than 10 employees were included in the talent plan at or above the municipal level, and the Bank introduced 46 postdoctoral fellows 6 • Nine projects of the Bank were selected in three batch by the National Postdoctoral Science Foundation for 未 funding, thus the Bank ranked first among financial enterprises in China 公司 8 Highlighting strategic guidance The Bank will carry out rolling update of strategic plans year by year, strengthen strategic environment research and judgment, strategic publicity and research, and revise development measures around four business segments and ten supporting systems in a timely manner • The Bank specially discussed strategic events, ensured clear positioning, specific targets and effective implementation of strategies, and strengthened the leading role of strategies Highlighting management optimization The Bank focused on inclusive small and micro enterprise business, retail transformation, industrial clusters, etc., established a number of agile project teams, and improved the agile mechanism • The number of customers in online channels has increased by 23% to 3.97 million; the number of corporate customers has increased by 21; the number of individual customers has increased by 270,000, and rose by 820,000 in the past three years.#23Development Keywords Transition to serving the real economy The Bank created special departments, professional plans, exclusive products and special credits, and improved the long-term mechanism of service the real economy The Bank drew the industrial chain map, and led the improvement in the industrial service ability with industrial research •17.1% In the past five years, the compound growth rate of loans for the real economy has I reached 17.1%. RMB billion 120 In the past three years, the Bank has provided more than RMB120 billion credit support to six key industries % 9.6% The Bank has completed ! the task of "two increases and two I controls" for five consecutive years. Pioneering and innovating for quality transformation 13.7% The balance of agriculture-related loans increased by 13.7% I 182% The loans for enterprises "that apply special, I sophisticated techniques to produce unique and novel products" increased by 182% 40% In the past three years, the average annual growth rate i of green loans has | reached 40%#24Development Keywords Pioneering and innovating for quality transformation Transition to cost reduction and efficiency improvement Cost reduction $ Efficiency improvement [db] Strengthening budget management Controlling operating costs Overall cost management Debt structure optimization Control of costs of debts Diversification of sources of debts The Bank reduced unnecessary expenses, strictly controlled the expenses approved for branches, spent money where it mattered most, and improved the refined level of financial management As at the end of the previous year, the cost-to-revenue ratio was 25.25%, remaining at an excellent level in the industry The Bank further promoted basic work including agency services for salary payment, customer acquisition, and enhanced the ability to tap the potential of deposit resources and retain low-cost funds Savings deposits have doubled in the past four years; the proportion of savings deposits has increased by 16 percentage points in the past five years; the cost ratio of interest-bearing liabilities has dropped by 40 basis points from the highest level in the past four years.#25Development Keywords Foundation consolidation and persistence in steady "foundation" Firmly consolidating a defense for compliance |重庆银行 BANK OF CHONGONG Risk Management The Bank always regards risk management as a "special skill", deepens the reform in key areas including pre-loan investigation, credit review, post-loan management and disposal of non-performing assets, and constantly improves the capability for stable and long-term development Internal control for compliance The Bank promoted the construction of the system of internal control for compliance, to create a compliance culture and a clean financial culture. Its steady operation was fully acknowledged by the regulatory authorities. It has received a regulatory rating of 2C by the regulatory authorities for many years, and a rating of Grade 3 by the People's Bank of China. Its macro-prudential assessment has been rated as Grade A for many times.#26Development Keywords Foundation consolidation and persistence in steady "foundation" Firmly promoting strategic transformation The Bank steadily promoted the implementation of the “14th Five-Year” Plan, focused on the vision of building a first-class listed commercial bank, properly performed three tasks, namely "service improvement, digital transformation and characteristic development", built three systems of "enabling by technology, talent nurturing, and effective management”, carried out refinement and quantification, made progress as scheduled, and made efforts to achieve goals, thus realizing the coordinated development in terms of scale, quality, benefit and progress.#27Development Keywords Foundation consolidation and persistence in steady "foundation" Firmly capitalizing major opportunities • • مو The Bank seized opportunities from major strategies including the construction of the Chengdu-Chongqing Economic Rim, and new land and sea corridors in Western China The Bank established a special work shift and introduced an action plan fully covering professional teams 甲 In the past three years, the Bank has provided more than RMB100 billion credit support for the construction of the Chengdu- Chongqing Economic Rim on average The Bank supported a total of more than 200 major projects • • The Chongqing Free Trade Zone Branch opened for business The Bank cooperated with Chongqing Federation of Industry and Commerce in launching a plan for supporting the development of the private economy#28公 重庆银行 BANK OF CHONGQING Bank of Chongqing 2022 Annual Results Presentation New Strategic Journey 04#29* New Strategic Journey - We will persist in the general tone of striving for progress while maintaining stability, strengthen the focus on strategic transformation, deepen the reform and innovation motivation, enhance comprehensive service capabilities, make good use of the dialectics of "making changes" and "remaining unchanged" continuously develop advantages, remediate shortcomings, strengthen the foundation, speed up the construction of characteristic banks, digital banks and first-class listed banks, and make efforts to achieve high-quality development in the construction of the Chengdu-Chongqing Economic Rim and the construction of a modern new Chongqing, and reward shareholders, investors and customers with better results and larger value.#30• 重庆银行 BANK OF CHONGQING THANK YOU Bank of Chongqing 2022 Annual Results Presentation