Bank of China held its 2023 annual shareholder meeting on June 28, 2024, and received a legal opinion from Beijing Jindu Law Firm. The opinion confirmed that the convening, holding procedures, attendance qualifications, voting procedures, and results of the shareholder meeting complied with relevant laws, regulations, and the company's articles of association. The shareholder meeting passed resolutions including the annual board of directors' work report, the supervisory board's work report, the annual financial budget plan, profit distribution plan, midterm profit distribution arrangement, fixed asset investment budget, hiring of an accounting firm to provide professional services, director elections, and bond issuance plan. Among them, the voting result on the profit distribution plan for the 2023 fiscal year received 99.988746% of favorable votes, and the...Show More

Bank of China held its 2023 annual shareholder meeting on June 28, 2024, and received a legal opinion from Beijing Jindu Law Firm. The opinion confirmed that the convening, holding procedures, attendance qualifications, voting procedures, and results of the shareholder meeting complied with relevant laws, regulations, and the company's articles of association. The shareholder meeting passed resolutions including the annual board of directors' work report, the supervisory board's work report, the annual financial budget plan, profit distribution plan, midterm profit distribution arrangement, fixed asset investment budget, hiring of an accounting firm to provide professional services, director elections, and bond issuance plan. Among them, the voting result on the profit distribution plan for the 2023 fiscal year received 99.988746% of favorable votes, and the special resolution on the bond issuance plan also received more than two-thirds of favorable votes, demonstrating shareholders' support for the company's future development direction. Jindu Law Firm gave a positive evaluation of the legality of the meeting and assumes a legal responsibility for the legality and validity of the meeting results.