Bank of China redeems RMB20 bn undated capital bonds

Bank of China Limited announced on December 16, 2025, the full redemption of its write-down undated capital bonds totaling RMB20 billion. These bonds were initially issued on December 10, 2020, with the completion of issuance announced on December 14, 2020.

The redemption was conducted at the fifth anniversary of the bonds' issuance, in accordance with the terms and conditions outlined in the prospectus. Payment was postponed to the immediate following working day, as the fifth anniversary did not fall on a working day.

As of the announcement date, Bank of China has fully exercised its redemption right. The board of directors oversaw this action.