China Everbright Bank (06818) Plans to Redeem Third Tranche of Preferred Shares

CEB BANK (06818) has issued an announcement stating that its board of directors, on October 30, 2025, reviewed and passed the "Proposal on CEB BANK Co., Ltd. Exercising the Redemption Right for the Third Tranche of Preferred Shares," forming a resolution. The board agreed that, subject to obtaining approval or consent from the National Financial Regulatory Administration (NFRA) and other relevant regulatory bodies, the Bank will redeem the third tranche of preferred shares at the redemption price stipulated in the preferred share prospectus. The voting results for this proposal were as follows: 16 valid votes cast, 16 in favor, 0 against, and 0 abstentions. Recently, the Bank received a response from the NFRA indicating no objection to the redemption of the third tranche of preferred shares. Consequently, the Bank plans to redeem these shares on February 11, 2026.