Industrial Bank Co., Ltd.

Announcement on Resignation of

Chairwoman of the Board of Supervisors

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.

Recently, the Company received the written resignation application of Ms. Bi Zhonghua, chairwoman of the board of supervisors. As she has reached the age of retirement, Ms. Bi Zhonghua applied to resign from the positions of chairwomen and supervisor of the Company’s board of supervisors. In accordance with the provisions of the Company’s Articles of Association, the board of supervisors agreed Ms. Bi Zhonghua’s resignation from the positions of chairwomen and supervisor of the board of supervisors. In the meantime, the board gave a high comment to Ms. Bi and expressed sincere gratefulness for the contribution made by Ms. Bi Zhonghua to the Company during her term of office.

Board of Supervisors of Industrial Bank Co., Ltd.

November 12, 2012