On November 29, 2024, the Postal Savings Bank of China held a board of directors meeting in Peking to review and approve multiple resolutions. The meeting was chaired by Director Liu Jianjun, with all 14 directors present, in compliance with relevant laws and the company's articles of association. The meeting approved the "2024 Third Quarter Liquidity Risk Stress Testing Report" and the "Comprehensive Risk Management Report", both receiving unanimous approval. In addition, the meeting also reviewed the 2023 director compensation settlement scheme and will submit it for shareholder approval. Director Yao Hong abstained from voting on the executive director compensation settlement scheme due to conflicts of interest. Independent directors supported the scheme, believing it complies with legal requirements and the company's articles of...Show More

On November 29, 2024, the Postal Savings Bank of China held a board of directors meeting in Peking to review and approve multiple resolutions. The meeting was chaired by Director Liu Jianjun, with all 14 directors present, in compliance with relevant laws and the company's articles of association. The meeting approved the "2024 Third Quarter Liquidity Risk Stress Testing Report" and the "Comprehensive Risk Management Report", both receiving unanimous approval. In addition, the meeting also reviewed the 2023 director compensation settlement scheme and will submit it for shareholder approval. Director Yao Hong abstained from voting on the executive director compensation settlement scheme due to conflicts of interest. Independent directors supported the scheme, believing it complies with legal requirements and the company's articles of association. The meeting also approved the 2023 senior management and internal audit department head compensation settlement scheme, to be submitted for shareholder approval. After reviewing the relevant documents, the independent directors deemed the scheme not detrimental to the company or the interests of small and medium shareholders, and gave their agreement. The meeting decided to convene the second extraordinary general meeting of shareholders in 2024, with further notices and information to be announced separately. The resolutions of this meeting demonstrate the transparency and compliance of the Postal Savings Bank of China in risk management and compensation policies, laying a foundation for future sound development.