Bank of Tianjin proposes board of supervisors dissolution, charter amendments

Bank of Tianjin Co., Ltd. has scheduled its 2025 first extraordinary general meeting for Thursday, September 25, 2025, to consider several key resolutions aimed at enhancing corporate governance and operational efficiency. A primary proposal involves the dissolution of the board of supervisors, with its duties to be assumed by the audit committee under the board of directors. This change will also see the repeal of relevant corporate governance documents pertaining to the board of supervisors.

The meeting will also address proposed amendments to the articles of association and the rules of procedure for both the general meeting and the board of directors. These amendments are intended to align with recent changes in external regulations, the board of supervisors' reform plan, and other regulatory requirements. Additionally, shareholders will consider and approve proposed amendments to the measures for the administration of work allowance of directors.

Shareholders are reminded that to attend and vote at the EGM, transfer documents and share certificates must be lodged with the H share registrar by 4:30 p.m. on Wednesday, September 17, 2025. The board of directors recommends voting in favor of all proposed resolutions, deeming them in the best interests of the bank and its shareholders.