China CITIC Bank to abolish board of supervisors

China CITIC Bank Corporation Limited announced that, effective December 16, 2025, it will no longer maintain a board of supervisors. This follows the approval of related proposals at its August 26, 2025, extraordinary general meeting and respective A and H share class meetings. The National Financial Regulatory Administration has officially approved these amendments to the bank's articles of association.

Consequently, all functions previously held by the board of supervisors will now be assumed by the board of directors' audit committee. Related governance documents, including the "Rules of Procedure for the Board of Supervisors of China CITIC Bank Corporation Limited," will also be simultaneously abolished.

In light of these changes, Mr. Wei Guobin, Ms. Sun Qixiang, Ms. Li Rong, Mr. Cheng Pusheng, Mr. Zhang Chun, and Ms. Zeng Yufang will cease their roles as supervisors. The bank expressed gratitude for their diligent service and contributions. The revised articles of association are accessible on the Shanghai Stock Exchange website and the bank's official website.