Agricultural Bank of China approves compensation, appoints new executive director

Agricultural Bank of China's board of directors, at a meeting on December 26, 2025, approved the 2024 director and senior management compensation plans, with certain directors abstaining due to conflicts of interest. The board also passed the 2026-2027 Director and Supervisor D&O Liability Insurance coverage and revised the "Work Rules of the Board of Directors Audit Committee." The 2024 compensation plans are subject to shareholder approval. The total pre-tax remuneration for directors, supervisors, and senior management for 2024 (including those who left office since 2024) amounted to 1,186.64 yuan.

In a related development, the bank announced the official appointment of Liu Hong as an executive director, following the approval of his qualifications by the National Financial Regulatory Administration. Liu Hong will also serve on the Strategic Planning and Sustainable Development Committee and the "Sannong" Finance and Inclusive Development Committee. His detailed resume was published on the Shanghai Stock Exchange website on November 11, 2025.

The board meeting, held in Beijing, saw 11 of 13 directors personally attend, with two delegating their voting rights. The resolutions align with legal regulations and the bank's articles of association.