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Stock Code: 1398
EUR Preference Shares Stock Code: 4604
USD Preference Shares Stock Code: 4620
ANNOUNCEMENT OF THE RESOLUTIONS OF
THE BOARD OF DIRECTORS
On 8 July 2021, a meeting of the Board of Directors (the "Board") of Industrial and Commercial Bank of China Limited (the "Bank") was convened by way of written resolution. The convocation of the meeting and the procedures of considering the proposals were in compliance with the requirements under the Articles of Association of Industrial and Commercial Bank of China Limited (the "Articles"), the Rules of Procedures for the Board of Directors of Industrial and Commercial Bank of China Limited and the relevant laws and regulations. The proposals stated below were considered and approved at the meeting:
1. Proposal on the Nomination of Mr. Wang Jingwu as Candidate of Executive Director of Industrial and Commercial Bank of China Limited
Voting result of this proposal: 11 valid votes, 11 voted in favour of this proposal, 0 voted against and 0 abstained from voting.
The Board, in compliance with the Company Law of the People's Republic of China, relevant laws and regulations and the relevant requirements including the Articles, and taking into account the work requirements of the Board, resolved that Mr. Wang Jingwu be nominated as a candidate for Executive Director of the Bank. The election of Mr. Wang Jingwu as Executive Director of the Bank is subject to consideration and approval of the general meeting of shareholders of the Bank. After having obtained the approval of the general meeting of shareholders of the Bank, the qualification is further subject to the approval of the China Banking and Insurance Regulatory Commission ("CBIRC"). The qualification of Mr. Wang Jingwu as Executive Director of the Bank will take effect on the date when the approval from the CBIRC is obtained. The biography of Mr. Wang Jingwu is set out in the Appendix.
As at the date of this announcement, Mr. Wang Jingwu has not held directorships in any listed companies in the last three years, he does not have any relationship with directors, other senior management, substantial shareholders or controlling shareholders of the Bank, nor does he hold any interests in the shares of the Bank within the meaning of Part XV of the Hong Kong Securities and Futures Ordinance.