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Bank of China shareholders approve special donation limit, elect new director

October 16, 2025 at 11:02 AM UTCBy FilingReader AI

Bank of China Limited announced the poll results of its 2025 Third Extraordinary General Meeting (EGM) held on Thursday, October 16, 2025. With a total of 322,212,411,814 issued ordinary shares eligible for voting, the meeting saw an attendance of shareholders representing 267,538,996,577 voting rights, or 83.03% of the total.

Shareholders approved "The Application for Special Outbound Donation Limit" with 99.92% of votes in favor, amounting to 267,332,805,694 shares. The election of Mr. Cai Zhao as an executive director of the bank was also approved, securing 99.30% of the votes, or 265,654,784,960 shares. Mr. Cai Zhao's term of office is set for three years, pending approval of his qualification by the National Financial Regulatory Administration.

Resolutions 1 and 2 were classified as ordinary resolutions, requiring more than 50% approval from voting shareholders present. Both onsite and online voting methods were utilized, conforming to relevant regulations. Computershare Hong Kong Investor Services Limited acted as the scrutineer, and King & Wood Mallesons provided legal opinion, affirming the compliance and validity of the meeting's procedures and results.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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