China Everbright Bank Co., Ltd. (CEB Bank, 06818) released its 2025 Board circular and AGM notice, detailing full-year performance, dividend distribution, auditor renewal and a major capital-bond programme.

Financial Highlights • Total assets rose 2.96% year-on-year to RMB7.17 trillion. • Loans increased 1.18% to RMB3.98 trillion; customer deposits grew 1.65% to RMB4.10 trillion. • Operating income fell 6.72% to RMB126.31 billion, with net interest income down 4.72% to RMB92.10 billion, while net fee and commission income grew 6.19% to RMB20.25 billion. • Net profit attributable to shareholders declined 6.61% to RMB38.83 billion; ROA slipped 6 bps to 0.55%, ROE down 93 bps to 7.00%. • Asset quality stable: non-performing loan ratio edged up 2 bps to 1.27%; provision coverage ratio at 174.14%. • Capital adequacy ratios remained above regulatory minimums: CET1 at 9.69%, Tier-1 at 11.75%, total CAR at 13.71%.

Dividend Proposal A final cash dividend of RMB0.70 (tax-inclusive) per 10 shares is proposed, translating to RMB4.14 billion. Including the interim payout, full-year cash dividends total RMB1.75 per 10 shares (RMB10.34 billion), equivalent to 26.63% of consolidated net profit and 30.08% of profit attributable to ordinary shareholders.

Capital-Bond Agenda The Board seeks shareholder approval to issue up to RMB120 billion in capital bonds—comprising undated other Tier 1 and/or Tier 2 instruments—with write-down features. Proceeds will replenish capital; issuance may occur onshore or offshore within 24 months of regulator clearance. The Board also requests authority to manage terms, timing and redemption.

Auditor Re-appointment & Fees KPMG Huazhen LLP (domestic) and KPMG (overseas) are nominated as 2026 auditors with a combined fee of RMB8.37 million.

Governance & Remuneration Independent non-executive directors will receive a total of RMB15.30 million (pre-tax) for 2025. External supervisors’ remuneration is set at RMB3.40 million.

AGM Details The 2025 AGM is scheduled for 29 June 2026 in Beijing. The H-share register closes 24–29 June for voting eligibility and 6–9 July for the dividend record date.