BOC Hong Kong (Holdings) Limited (the "Company") has confirmed that all conditions precedent for the proposed acquisition of BOCI Private Bank and the proposed disposal of Po Sang Securities have been satisfied. Both transactions will be completed on January 30, 2026.

After completion, BOCI Private Bank will be an indirect wholly owned subsidiary of the Company and will have its assets, liabilities, and financial results consolidated into the Group’s statements. Meanwhile, Po Sang Securities will cease to be an indirect subsidiary and will no longer be consolidated. The Group expects to post an estimated unaudited gain of approximately HK$49 million from the disposal, calculated by subtracting Po Sang Securities’ estimated net assets on the completion date and related transaction costs from the RMB410 million (approximately HK$449 million) consideration.

To ensure a smooth handover, both transactions provide for two-year transitional services agreements commencing on the completion date. These arrangements, extending between the relevant parties, address ongoing support services and operational transactions under arm’s length terms.