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Investor Presentaiton

④ Improved integrated operations steadily Value contribution Function contribution • Integrated operations realized rapid growth and became an important engine for the Group's revenue growth. Integrated business enterprises continued to make income and profit contribution to the Group with relatively low capital occupation and high capital return ◆ Revenue of major integrated business enterprises grew 34.8% yoy, contributed 9.27% to the Group, up 1.76 ppts yoy ◆ Profit before tax of major integrated business enterprises grew 18.3% yoy, contributed 5.47% to the Group, up 0.42 ppt yoy Coverage of integrated financial services led peers •Expanded business range of integrated operations: Established BOC Finance Technology Co., Ltd. and BOC Wealth Management Co., Ltd., obtained approval for the establishment of financial leasing company and China's first wealth management Sino-foreign joint venture • Enriched financial services system: Services and products cover investment banking, asset management, insurance, direct investment, debt-for-equity swaps, aircraft leasing, consumer finance, FinTech, etc. Competitiveness of integrated financial products enhanced •Investment banking: BOCI was the only Chinese investment bank mandated to assist Saudi Aramco Oil Company's IPO, the biggest IPO ever in global capital markets •Wealth management: Balance of WMP issued by BOC and BOC Wealth Management Co., Ltd. amounted to RMB1,427.7 billion at the end of 2019. Promoted the transformation and development of wealth management business, enriched product lines and the scale of NAV products steadily increased •Fund: AUM of non-monetary public funds ranked No.1 among Chinese banks •Insurance: Net profit of domestic life insurance grew more than 50%, and premium income of domestic property insurance ranked higher position. Life and property insurance businesses in Hong Kong market kept a leading position •Direct investment: BOCG Investment's business covers private equity investment, fund investment and management, real estate investment and management and special opportunity investment. Its historical average internal rate of return (IRR) is higher than the median in the Asian market Synergies of integrated operations became more coordinated •Supported the development of key national regions: BOCG Investment and BOC Shanghai Branch jointly established the BOC Yangtze River Delta Equity Investment Fund, with a total amount of RMB30 billion •Supported the development of enterprises on the Scientific and Technological Innovation Board: BOCI China and BOCIM jointly formed professional advantages in "investment banking + investment", and successfully launched the IPO of China Railway Signal & Communication Corp on the Science and Technology Innovation Board Brand contribution එ . BOC Aviation: world's leading and Asia's largest aircraft operating leasing company, with stable operating results and increasing investor recognition BOCI: the earliest Chinese investment banking platform established in Hong Kong, with increasing international influence BOCG Investment: special platform of direct investment and asset management in Hong Kong BOCI China: successfully went public on the main board of SSE, and became the fourth listed company in the Group 14
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