ICBC Sets 26 June 2026 AGM; Proposes RMB101.92 Million Auditor Fee, RMB148.00 Million Donation Cap and Board Changes

Industrial and Commercial Bank of China Limited (ICBC) has issued a circular convening its 2025 Annual General Meeting for 26 June 2026 at 2:50 p.m., to be held concurrently in Beijing and Hong Kong via video conference.

Key resolutions to be voted as ordinary items are:

1. Auditor re-engagement • Ernst & Young Hua Ming LLP (domestic) and Ernst & Young (international) are proposed as 2026 external auditors. • Total audit-related fees are set at RMB101.92 million, comprising RMB3.08 million for agreed-upon procedures on first and third quarters, RMB29.78 million for interim review, RMB59.83 million for annual audit and RMB6.15 million for internal control audit.

2. External donation limit • Management seeks a 2026 cap of RMB148.00 million to fund rural revitalisation, charity, culture, education and emergency relief. • Amounts beyond the existing Board authorization (RMB100 million) require shareholder approval; approved funds will be disbursed under presidential authority.

3. Board composition • Shareholders will vote on the election of Ms Liu Fang, currently a non-executive director of China Construction Bank and an executive of Central Huijin Investment Ltd., as ICBC non-executive director. Her three-year term will commence upon approval and announcement.

4. Remuneration plans • Directors: Chairman Liao Lin and other executive directors are slated for pre-tax 2024 remuneration of RMB1.17 million, RMB0.78 million and RMB1.07 million respectively, inclusive of employer contributions. Independent directors received allowances ranging from RMB3.67 million to RMB50.33 million. • Supervisors: External supervisors are scheduled for RMB0.25 million each; employee supervisor allowance is RMB0.05 million.

Reporting items include the 2025 related-party transactions report, independent directors’ work report, authorization implementation report and major shareholder assessment.

Administrative details:

• H-share register closure: 23–26 June 2026; shareholders recorded by 22 June 2026 may attend and vote. • Proxy forms must reach Computershare Hong Kong Investor Services at least 24 hours before the meeting. • Reply slips are due by 23 June 2026.

No gifts or refreshments will be provided at the AGM.