Industrial and Commercial Bank of China Limited announced Ms. Xiong Yan, chief business officer of the bank has tendered her resignation to the Bank, resigning from the position of chief business officer of the bank due to her age. Ms. Xiong Yan has confirmed that she has no disagreement with the board of directors of the Bank and there are no matters relating to her resignation that need to be brought to the attention of the shareholders and creditors of the Bank. During her term as Chief Business Officer, Ms. Xiong Yan has performed her duties diligently and conscientiously.

She has made significant contributions to the Bank's institutional banking, asset custody, pension finance and other areas of business.