Investors should note that “Investment Product” is different from usual time deposit and thus should not be treated as a usual time deposit or a substitute, and it may not be subject to the protection of the Savings Administrative Regulations of the Peoples' Republic of China. Earnings on this Investment Product are limited to the Return and/or Interim Return (if any) expressly provided in the relevant termsheet and terms and conditions. As the Bank shall have the right to early redeem the Investment Product prior to maturity, if the Bank exercises such right, the actual Investment Period will be shorter than that originally designated. In that case, the Return and/or Interim Return (if any) that investors can actually receive will be limited to the amount accrued prior to the date when the Investment Product is early redeemed by the Bank. This Investment Product cannot be terminated by investors prior to the Maturity Date unless with the Bank's prior consent. If the Bank in its sole discretion decides to allow investors to early terminate the Investment Product, the Bank shall be entitled to attach such terms and conditions as the Bank may deem appropriate for its approval of such early termination request, and investors may not gain any Return and/or Interim Return (if any) and have to bear all costs involved and losses suffered by the Bank. Therefore, the amount payable to the investors will be less than the amount initially invested by investors for the Investment Product. Investors will also be liable for any taxes (if any) that may arise from investing in the Investment Product. Potential investors should seek professional advice before investing in the Investment Product if necessary. Potential investors should fully understand and consider the following risks and read the other information contained in the relevant Terms and Conditions and invest with caution.

As Investment Product has its pre-determined investment period, investors should consider their need to maintain sufficient liquid assets during the relevant Investment Period (especially for products with relatively long investment periods) and satisfy themselves that the Investment Product is suitable for them in view of their own circumstances and financial position before making any investment decision.

Investors should understand that the investment amount of the Investment Product is capital-protected only when it is held to maturity or early redemption by the Bank (as the case may be).

Return and/or Interim Return(s) (if any) is payable only if the Investment Product is held to maturity or early redemption by the Bank (as the case may be). Return and/or Interim Return (if any) of Investment Product depends on the market conditions at the time of the relevant determination and the actual length of the Investment Period. The Bank has absolute discretion to early redeem the Investment Product on any Callable Dates. There will be no Interim Return (if any) or Return payable after the Investment Product is early redeemed. Investors should note that the as the Bank shall have the right to early redeem the Investment Product prior to maturity, if the Bank exercises such right, the actual Investment Period will be shorter than that originally designated. As the actual length of the Investment Period will affect the total return, the actual return after the Investment Product is early redeemed might be less than that would have been payable on a time deposit for the same tenor.

Investors have to bear the re-investment risks resulted from early redemption of the Investment Product by the Bank. Re-investment risks refer to the loss where investors are not able to reinvest at the expected return rate.

If the Base Currency used for investment is not the local currency customarily used by investors and thus conversion into the local currency is required, investors should note that they may make a gain or suffer a loss due to exchange rate fluctuations.

Investors are not allowed to early terminate the Investment Product and the capital of the investors will be invested in the Investment Product for the entire investment period. The Bank may at its absolute discretion refuse to give consent to any early termination request. If the Bank allows investors to early terminate the Investment Product with written consent, the Bank shall be entitled to deduct from the Investment Amount of the relevant Investment Product and/or any other amount, which may have accrued to investors any expenses, costs or damages to the Bank. Damages include any costs, expenses, liability or losses to the Bank as a result of the early termination by the investors. Therefore, there is no guarantee that investors will be able to receive the Investment Amount and the amount payable to the investors at early termination may be less than the Investment Amount initially invested.

The Bank reserves the absolute right to approve any application and to decline any application received (whether in whole or any part hereof) before the Start Date of the Investment Product. In the event of non-acceptance, a notification will be sent by the Bank and any subscription funds received will be returned to the relevant investors after the Start Date of the Investment Product or other practicable circumstances as soon as possible.

Investors should evaluate their own circumstances, including their financial status, investment experience, professional knowledge, education level, risk appetite, risk-taking ability, etc. before investing in the CPI Product. Due to the different circumstances of each investor, the risk of investing in the CPI Product may increase substantially or different from other investors. Investors should fully understand and consider this risk

Remarks: All Investment Products cannot be cancelled after subscription. This document should not be treated as the Bank's offer of Investment Product to potential investors, or an agreement between the Bank and the investors relating to the Investment Product, and shall have no legal binding effect on both parties. All potential investors who intend to invest in the Investment Product should sign relevant agreement with the Bank.

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