Mr. Xu Shouben, Senior Executive Vice President of Industrial and Commercial Bank of China Limited (the "Bank"), tendered his resignation to the Bank on 10 August 2022, resigning from the position of Senior Executive Vice President of the Bank due to change of job assignments. Mr. Xu Shouben has confirmed that he has no disagreement with the Board of Directors of the Bank and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders and creditors of the Bank. Mr. Xu Shouben joined the Bank in 1995.

For 28 years, Mr. Xu Shouben has performed his duties diligently and conscientiously, always strived for pioneering and innovation, and has been keen to make progress. Mr. Xu Shouben has played an active role in the Bank's service to the real economy, exertion of the Bank's financial functions, the development of the advanced manufacturing industry, supply-side structural reform, rural revitalization and development of private economy, and has gained significant progress in promoting the Bank's competitiveness and service ability in businesses such as corporate banking, inclusive finance, settlement and cash management and investment banking and other businesses.