Bank of China Limited ("Bank of China") was approved to issue capital instruments not exceeding RMB 450 billion or equivalent foreign currency at the shareholders' meeting held on June 30, 2023. After approval by relevant regulatory authorities, Bank of China successfully issued a total of RMB 30 billion of Additional Tier 1 capital bonds with write-down mechanism and without fixed maturity in the national interbank bond market on July 26, 2024, and completed the issuance on July 30, 2024. The coupon rate of the bond in the first five years is 2.19%, and it has a mechanism of adjustment every 5 years. At the same time, the issuer's redemption right is attached on every interest payment date after the fifth year. The funds raised will be used to supplement Bank of China's other Tier 1 capital. The announcement was issued by the board of directors of Bank of China on July 30, 2024 from Beijing.

Bank of China Limited ("Bank of China") was approved to issue capital instruments not exceeding RMB 450 billion or equivalent foreign currency at the shareholders' meeting held on June 30, 2023. After approval by relevant regulatory authorities, Bank of China successfully issued a total of RMB 30 billion of Additional Tier 1 capital bonds with write-down mechanism and without fixed maturity in the national interbank bond market on July 26, 2024, and completed the issuance on July 30, 2024. The coupon rate of the bond in the first five years is 2.19%, and it has a mechanism of adjustment every 5 years. At the same time, the issuer's redemption right is attached on every interest payment date after the fifth year. The funds raised will be used to supplement Bank of China's other Tier 1 capital. The announcement was issued by the board of directors of Bank of China on July 30, 2024 from Beijing.