Industrial Bank Co., Ltd.

Announcement on the Election of

Employee Representative Supervisor

The Company and all the members of the board of supervisors warrant the truthfulness, accuracy and completeness of the announcement and will bear the joint and several liabilities for any false record, misleading statement or major omission in the announcement.

In accordance with the provisions of the articles of association, the Company held the employee representative conference on November 6, 2012, at which Mr. Kang Yukun was elected as employee representative supervisor of the Company’s board of supervisors. Mr. Kang will take his office as from November 9, 2012. The resume of Mr. Kang Yukun is as follows:

Mr. Kang Yukun, born in 1954, a senior economist holding the bachelor degree, has served as deputy manager of the Credit Business Department of Industrial Bank, vice president of Putian Branch, and vice president and president of Fuzhou Branch. Now he serves as a member of CPC IB Committee, and director and vice president of the Company.

It is hereby to announce as foregoing.

Board of Supervisors of Industrial Bank Co., Ltd.

November 7, 2012