EXPLANATION OF RELATED ARTICLE IN THE WASHINGTON POST
I. The Bank noticed a relevant article in the Washington Post, in relation to a US court seeking to obtain customer information from Chinese commercial banks. It belongs to the judicial assistance for cross-border investigation and evidence collection. Pursuant to the Sino-US Criminal Judicial Assistance Agreement entered into by and between China and the United States, judicial assistance shall be conducted in a manner as stipulated in the agreement.
II. The Bank has consistently and strictly complied with Chinese laws, relevant UN resolutions and other applicable sanctions laws, and has never been investigated for alleged violations of any sanctions laws.
China Merchants Bank Co., Ltd.
25 June 2019