Summary by Futu AI
Bank of China held its 10th board of directors meeting of 2024 in Peking on October 30, 2024, chaired by Mr. Ge Haijiao, the chairman, with a total of 12 directors personally attending. The meeting approved multiple agendas including the third quarter report of 2024, the third pillar information disclosure report, as well as the compensation distribution plans for the chairman, CEO, and other senior executives for the year 2023. The board of directors decided to submit the compensation distribution plans for the chairman and CEO to the third extraordinary general meeting of shareholders in 2024 for deliberation. Additionally, the meeting also approved the proposal to convene the third extraordinary general meeting of shareholders in 2024. The audit committee and the remuneration committee of the board of directors have reviewed and approved the relevant proposals without any opposition or abstention votes. The convening and resolutions of the meeting are in compliance with relevant laws, regulations, and the company's articles of association.
