China Merchants Bank approves amended articles, performance compensation

China Merchants Bank (SSE:600036) announced the resolutions passed at its 40th meeting of the twelfth supervisory board, held on May 28, 2025. All eight supervisors eligible to vote participated and approved the resolutions via written ballot. The board approved revisions to the "Articles of Association of China Merchants Bank Co., Ltd." with unanimous support (8 votes in favor, 0 opposed, 0 abstentions). Furthermore, the board also approved the "Proposal on the Clawback of Performance-based Compensation of China Merchants Bank in 2024", again with unanimous support (8 votes in favor, 0 opposed, 0 abstentions). The announcement affirms the board members' commitment to the truthfulness, accuracy, and completeness of the information disclosed.