ICBC to seek shareholder approval for key 2025 initiatives

** Industrial and Commercial Bank of China (ICBC) has scheduled its 2024 Annual General Meeting for June 27, 2025, to seek shareholder approval on a range of strategic initiatives. Key proposals include a final dividend of CNY586.64 billion, bringing the total 2024 payout to 30% of net profit, or CNY3.080 per 10 shares. Shareholders will also vote on a planned CNY1.47 billion in donations for rural revitalization, charity, and educational causes, as well as a CNY127 billion fixed asset investment budget, focused on financial technology (CNY54 billion), infrastructure (CNY17 billion), and channels.