Bank of China Limited (3988) held an on-site Board of Directors meeting in Beijing on 13 February 2026. Sixteen directors attended in person, and the session was deemed valid under relevant regulations and the bank’s Articles of Association. The board reviewed and passed a proposal to approve the 2026 fixed asset investment budget, which will be submitted to the shareholders for consideration.

The board also passed a proposal to appoint Zhang Hui as Chief Compliance Officer. Zhang Hui abstained from voting on his appointment as he was directly involved. Having served as Vice Chairman of the Board and Executive Director of Bank of China since January 2025, as well as President of the bank since December 2024, Zhang Hui has extensive experience in the financial sector. He previously held roles at China Development Bank and Bank of Communications.

The board confirmed that Zhang Hui's appointment and qualifications meet the requirements of relevant laws and regulations. His responsibilities as Chief Compliance Officer took effect upon approval by the board. The bank noted that the 2026 fixed asset investment budget will be further reviewed at a future shareholders’ meeting.