Bank of Qingdao : PROXY FORM FOR 2021 FIRST EXTRAORDINARY GENERAL MEETING TO BE HELD ON 26 MARCH 2021

Bank of Qingdao Co., Ltd.*

ڡࢥვБٰ΅Ϟࠢʮ̡*

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

(H Shares Stock Code: 3866)

(Preference Shares Stock Code: 4611)

PROXY FORM FOR 2021 FIRST EXTRAORDINARY GENERAL MEETING

TO BE HELD ON 26 MARCH 2021

No. of H shares to which this proxy form relates(Note 1)

No. of pledged shares in all H shares held by me Percentage of pledged shares in all H shares held by me

I/We(Note 2)

of being the registered holder(s) of

(Note 3)

H shares with nominal value of RMB1.00 each in the share capital of Bank of Qingdao Co., Ltd. (the "Bank"), hereby appoint the Chairman of the meeting(Note 4) or

of to act as my/our proxy to attend and vote for me/us and on my/our behalf at the 2021 first extraordinary general meeting of the Bank to be held at No. 6 Qinling Road, Laoshan District, Qingdao, Shandong Province, the PRC, on Friday, 26 March 2021 or at any adjournment thereof (the "2021 First EGM") and to exercise all rights conferred on proxies under laws, regulations, and the articles of association of the Bank. I/We wish my/our proxy to vote as indicated below(Note 5) in respect of the resolutions to be proposed at the 2021 First EGM.

Special Resolutions

For(Note 5)

Against(Note 5)

Abstained(Note 5)

• 1. To consider and approve the resolution in relation to the proposal for rights issue of Bank of Qingdao Co., Ltd.

  • 1.1 class and par value of the shares to be issued

  • 1.2 issuance method

  • 1.3 base, proportion and number of the rights issue

  • 1.4 pricing principle and price for the rights shares

  • 1.5 target subscribers for the rights issue

  • 1.6 distribution plan for accumulated undistributed profits prior to the rights issue

  • 1.7 time of issuance

  • 1.8 method of underwriting

  • 1.9 use of proceeds in relation to the rights issue

  • 1.10 validity period of the resolution in relation to the rights issue

  • 1.11 listing of the shares in relation to the rights issue

• 2. To consider and approve the resolution in relation to the plan of Bank of Qingdao Co., Ltd. on public issuance of shares by the way of rights issue

• 3. To consider and approve the resolution in relation to the authorization to the Board to deal with matters related to rights issue to be proposed in the general meeting

• 4. To consider and approve the resolution in relation to the change in registered capital and the corresponding amendments to the relevant clauses in the Articles of Association upon the completion of rights issue of Bank of Qingdao Co., Ltd.

• 5. To consider and approve the resolution in relation to the fulfillment of issue conditions of rights issue of Bank of Qingdao Co., Ltd.

• 6. To consider and approve the resolution in relation to the report on the use of previously raised funds of Bank of Qingdao Co., Ltd.

• 7. To consider and approve the resolution in relation to the report on the feasibility of use of proceeds from rights issue of Bank of Qingdao Co., Ltd.

• 8. To consider and approve the resolution in relation to the risk reminder of and remedial measures for the dilution of current returns by rights issue to original shareholders of Bank of Qingdao Co., Ltd. and commitments by relevant entities

• 9. To consider and approve the resolution in relation to the shareholders' return plan for the next three years (2021-2023) of Bank of Qingdao Co., Ltd.

Signature:

(Note 6)

Date:

NOTES:

• 1. Please insert the number of H shares of the Bank registered in your name(s) to which this proxy relates. If a number is inserted, this proxy form will be deemed to relate only to those shares. If no number is inserted, the proxy form will be deemed to related to all H shares of the Bank registered in your name(s) (whether alone or jointly with others).

• 2. Please insert the full name(s) and address(es) as registered in the register of members of the Bank in BLOCK CAPITALS.

• 3. Any shareholder entitled to attend and vote at the 2021 First EGM is entitled to appoint one or more persons to attend and vote on his/her behalf at the 2021 First EGM. A proxy need not be a member of the Bank but must be present in person at the 2021 First EGM to represent you. As far as all joint shareholders of any shares are concerned, only the joint shareholder whose name appears first in the share register of members has the right to receive the share certificate of the relevant shares from the Bank and to receive notices of the Bank, and any notice served on such a shareholder shall be treated as having been served on all the other joint shareholders of those shares. In the case of joint shareholders, any one shareholder may sign the proxy form(s). In the event that more than one joint shareholder attends the meeting in person or by proxy, the vote of the senior joint shareholder who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of the votes of the other joint shareholder(s) and for this purpose seniority will be determined by the order in which the names stand in the share register of members in respect of the joint shareholding.

• 4. If a proxy other than the Chairman of the meeting is preferred, cross out the words "the Chairman of the meeting" and insert the full name(s) and address(es) of the proxy (or proxies) desired in the space provided. If no name is inserted, the Chairman of the meeting will act as your proxy. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.

• 5. IMPORTANT: IF YOU WISH TO VOTE FOR A RESOLUTION, PLEASE TICK THE APPROPRIATE BOX MARKED "FOR". IF YOU WISH TO VOTE AGAINST A RESOLUTION, TICK THE BOX MARKED "AGAINST". IF YOU WISH TO VOTE ABSTAINED THE RESOLUTION, TICK THE BOX MARKED "ABSTAINED". The shares abstained will be counted towards the total vote count in the calculation of the required majority. If no direction is given, the proxy will be entitled to vote or abstain as he/she thinks fit. Your proxy will also be entitled to vote at his/her discretion on any resolution properly proposed at the 2021 First EGM other than those referred to in the notice convening the 2021 First EGM.

• 6. The instrument appointing a proxy must be in writing under the hand of the shareholder or his/her attorney duly authorized in writing. For a corporate shareholder, the proxy must be affixed with the common seal or signed by its director or attorney duly authorized in writing.

• 7. For H shareholder(s) who wish to attend the 2021 First EGM, this form of proxy (together with a notarially certified copy of the power of attorney or other authorization document (if any) if this form of proxy is signed by a person on behalf of the appointor) must be returned to the Bank's H share registrar, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not less than 24 hours before the designated time for holding the 2021 First EGM or any adjournment thereof.

• 8. Completion and delivery of this proxy form do not affect your right to attend or vote at the 2021 First EGM.

*

Bank of Qingdao 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 out banking and/or deposit-taking business in Hong Kong.