Bank of China board nominates Cai Zhao as executive director

Bank of China Limited announced that its board of directors, meeting on September 24, 2025, approved the nomination of Mr. Cai Zhao as a candidate for executive director. The proposal received unanimous support. This nomination will now be submitted to the shareholders' meeting for consideration and approval, with further details regarding the 2025 third extraordinary general meeting to be announced.

Mr. Cai Zhao, who joined the bank in 2023 and currently serves as executive vice president, brings extensive experience from his prior roles at Agricultural Bank of China. His term, if approved, will be three years, commencing upon regulatory qualification approval. Independent non-executive directors endorsed the nomination, confirming Mr. Cai Zhao's qualifications and that the nomination procedures comply with applicable regulations and the bank’s articles of association.