Postal Savings Bank of China dissolves board of supervisors

Postal Savings Bank of China Co., Ltd. (the "Bank") received approval from the National Financial Regulatory Administration for amendments to its Articles of Association. These amendments, along with the dissolution of the Board of Supervisors, were approved at the Bank's 2025 second extraordinary general meeting on October 9, 2025. The amended Articles of Association take effect from the date of regulatory approval.

Concurrently with the approval of the amended Articles of Association, the Bank's Board of Supervisors has been dissolved. The Audit Committee of the Board of Directors will now assume the functions and powers previously held by the Board of Supervisors. All current supervisors, including Mr. Bai Jianjun, Mr. Chen Shimin, Mr. Li Yue, and Mr. Gu Nannan, have ceased their roles, and the relevant rules of the Board of Supervisors have been abolished.

The Bank expressed gratitude to the outgoing supervisors for their diligent service and contributions to corporate governance, risk management, and internal control. As of December 16, 2025, the board of directors includes chairman Mr. Zheng Guoyu, executive directors Mr. Liu Jianjun and Ms. Yao Hong, and several non-executive and independent non-executive directors.