Securities Abbreviation: Industrial Bank    Securities Code: 601166       No.:T 2014-13

Industrial Bank Co., Ltd.

Announcement on Resignation of Outside

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.

The Board of Supervisors of the Company received the written resignation application submitted by Mr. Xu Bin, an outside supervisor of the Company, on May 4. In order to implement relevant provisions, Mr. Xu Bin applied to resign from the position of outside supervisor of the Company. After resignation, Mr. Xu Bin will not hold any positions in the Company.

Pursuant to the relevant provisions of the Guidelines for the Work of a Commercial Bank’s Board of Supervisors issued by China Banking Regulatory Commission (CBRC) and the Articles of Incorporation, the proportion of outside supervisors among the members of the Company’s Board of Supervisors should not be below 1/3. The Company’s Board of Supervisors consists of nine supervisors, now, of which three are outside supervisors. Considering that the proportion of outside supervisors among the members of the Company’s Board of Supervisors will be below 1/3 owing to the resignation of Mr. Xu Bin, the resignation application of Mr. Xu Bin will come into effect after a new outside supervisor elected at the General Shareholders’ Meeting of the Company succeeds his position.

During his term of office in the Company, Mr. Xu Bin has performed his responsibilities conscientiously and diligently, playing a positive role in ensuring the normalized operation and steady development of the Company. The Board of Supervisors of the Company hereby extends sincere gratefulness to the contributions made by Mr. Xu Bin during his term of office.

It is hereby to announce as foregoing.

Board of Supervisors of Industrial Bank Co., Ltd.

May 5, 2014