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ACLEDA Bank Plc. Signs MoU with CCB International on Strategic Cooperation

July 31, 2024

Phnom Penh, July 31, 2024, ACLEDA Bank Plc. "ACLEDA Bank", the first listed Commercial Bank in Cambodia, hereby announces that it has signed a Memorandum of Understanding "MoU" with CCB International (Holdings) Limited "CCB International" on Strategic Cooperation to carry out business cooperation and to initiate and identify business opportunities, to facilitate and support corporations, investment institutions, high-net-worth individuals or professional investors and trading counterparties in Cambodia, Hong Kong and Mainland China markets.

This collaboration reflects our commitment to delivering exceptional financial solutions and building potential long-term strategic partner. By joining forces with CCB International. The MOU forms the basis to establish a comprehensive strategic partnership and identify areas of common interest and undertake joint initiatives by both Parties via cross-border deal opportunities and increasing co operation in promoting inward and outward investment in Cambodia, Hong Kong and Mainland China markets. Furthermore, this collaboration represents a significant step towards achieving our common goals include:

1. Advance the cross-border corporate and financial servicing businesses by leveraging each other's local investment knowledge and resource advantages;
2. Enhance bilateral trade and investment ties, and diversify investments by encouraging Chinese and Cambodian corporates to expand business footprints in each other's domains through private equity or venture capital investments. Develop cooperative activities in areas of common interests and aligned business strategic focus, such as construction, agriculture, logistics, data center and renewable energies, by the exchange of resources and expertise, including connections to the right persons and ministerial agencies; and
3. Identify, screen and facilitate Cambodian companies that meet the eligibility requirements for listing in Chinese Mainland and Hong Kong. The collaboration would allow Cambodian companies to tap into wider pools of capital, access to potential investors, as well as to enhance the brand name and market trust in key markets outside of their home region.

About ACLEDA Bank Plc.

ACLEDA Bank has 4 subsidiaries, they are ACLEDA University of Business, ACLEDA Securities Plc., ACLEDA Bank Lao Ltd., and ACLEDA MFI Myanmar Co., Ltd. as well as representative offices in the Republic of the Union of Myanmar. By the end of the first quarter of 2024, ACLEDA Bank had US$9.93 billion in total assets, and US$7.50 billion in total savings deposits with over 4.37 million customers. Meanwhile, ACLEDA Bank had more than 0.37 million business partners and 3.5 million ACLEDA Mobile subscribers.

About CCB International (Holdings) Limited.

CCB International (Holdings) Limited and its subsidiaries ("CCB International") is a financial and investment services company owned by China Construction Bank Corporation ("CCB"). The core business of its subsidiaries comprises three main areas: pre-IPO, IPO and post-IPO. These are the main elements of a comprehensive financial and investment services value chain that offers a full range of products and services including sponsoring and underwriting, financial advisory, corporate mergers and acquisitions, restructuring, additional issuance and placement of shares, refinancing for listed companies, direct investment, asset management, securities brokerage, market research, investment consultancy, commodities business.

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