Bank of China EGM approves 2025 mid-term profit distribution plan

Beijing King & Wood Mallesons has issued a legal opinion confirming the validity of the Fourth Extraordinary General Meeting of Shareholders (EGM) of Bank of China Limited, held on November 27, 2025. The meeting's convocation, procedures, and resolutions were found to comply with relevant laws, regulations, and the company's Articles of Association. The EGM was convened by the company's board of directors.

A total of 3,825 shareholders and their proxies attended the EGM, representing 267,894,756,055 shares, which accounts for 83.142283% of the company's total voting shares. The meeting utilized a combination of on-site and online voting methods to approve the "Bank of China 2025 Mid-Term Profit Distribution Plan."

The resolution passed with a significant majority. A total of 267,886,261,500 shares (99.996829%) voted in favor, while 3,580,225 shares (0.001337%) voted against, and 4,914,330 shares (0.001834%) abstained. Among A-share small and medium investors, 8,736,329,746 shares (99.953057%) voted in favor, 3,324,812 shares (0.038040%) voted against, and 778,200 shares (0.008903%) abstained. The law firm concluded that the voting procedures and results are legally valid and effective.