Investor Presentaiton

MORGAN STANLEY BANK ASIA LIMITED DIRECTORS' REPORT (CONTINUED) DIRECTORS' RIGHTS TO ACQUIRE SHARES AND DEBENTURES Morgan Stanley, the Company's ultimate holding company, has several senior executive incentive compensation programs under which senior executives receive, as part of their total compensation, incentive awards of restricted stock units. All Directors of the Company except independent non- executive directors, are eligible to participate in such incentive compensation programs and receive awards of restricted stock units thereunder. Details of the deferred stock awards of the ultimate holding company, in which the Directors of the Company are entitled to participate, are set out in note 31 to the financial statements. Other than as disclosed above, at no time during the year was the Company, its holding companies or any subsidiaries of its holding companies a party to any arrangements to enable the Directors of the Company to acquire benefits by means of acquisition of shares in, or debentures of, the Company or any other body corporate. PERMITTED INDEMNITY PROVISION The Articles of Association of the Company provide that a Director or former Director of the Company may be indemnified out of the Company's assets against any liability incurred by the Director to a person other than the Company or an associated company of the Company in connection with any negligence, default, breach of duty or breach of trust in relation to the Company or associated company (as the case may be). AUDITOR A resolution will be submitted to the annual general meeting to re-appoint Messrs. Deloitte Touche Tohmatsu as auditor of the Company. On behalf of the Board of Directors CHUI, VINCENT YIK CHIU DIRECTOR 22 April 2021 2

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