Industrial and Commercial Bank of China (ICBC): Plans to redeem all overseas US dollar preference shares on September 23, 2025.

Industrial and Commercial Bank of China announced that the company issued 2.9 billion U.S. dollars of overseas preferred shares on September 23, 2020. The company's board of directors approved the redemption proposal, intending to exercise the redemption rights for all the aforementioned overseas U.S. dollar preferred shares on September 23, 2025, subject to obtaining approval from the China Banking and Insurance Regulatory Commission and meeting relevant requirements. The company has received a response from the regulatory commission with no objections to this redemption.