Agricultural Bank of China fully redeems tier 2 bonds

Agricultural Bank of China (the "Bank") announced today that it has fully redeemed its 10-year tier 2 capital bonds, initially issued on April 29, 2020, with a total value of CNY400 billion. The announcement, released on May 7, 2025, confirms the exercise of the Bank's issuer redemption option, as detailed in the bond prospectus. The option was exercisable at the end of the bonds' fifth year, specifically May 6, 2025. Approval for the redemption was granted by the National Administration of Financial Regulation. The Bank's board of directors assures the accuracy and completeness of the information provided in the announcement.