Bank of Communications Co., Ltd. issued a newly revised version of its Audit Committee Working Rules. This document, revised multiple times since its initial adoption in 2004, was most recently updated at the 2nd meeting of the eleventh session of the Board of Directors on October 30, 2025.

The revised Rules clarify the composition of the Audit Committee, requiring five to seven non-executive directors. The majority must be independent directors, with at least one holding professional accounting expertise. The Rules also detail responsibilities such as examining financial disclosures, supervising internal and external audits, overseeing internal controls, and evaluating the conduct of directors and senior management.

Under the new provisions, the Committee regularly reviews the Bank’s financial accounting reports, supervises the rectification of internal control deficiencies, and may propose or convene shareholders’ meetings under specific conditions. The internal audit function is given particular prominence, with the Committee responsible for guiding and assessing the internal audit department’s effectiveness and ensuring adequate resources for its work. The Rules took effect upon approval by the Board of Directors, and the previous version has been simultaneously repealed.