Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Stock Code: 1398

EUR Preference Shares Stock Code: 4604

USD Preference Shares Stock Code: 4620

APPOINTMENT OF

SENIOR EXECUTIVE VICE PRESIDENT

The Board of Directors (the "Board") of Industrial and Commercial Bank of China Limited (the "Bank") resolved at the meeting of the Board held on 29 April 2021 that Mr. Zhang Weiwu be appointed as Senior Executive Vice President of the Bank. After the Board considered and approved Mr. Zhang Weiwu's appointment, the qualification is further subject to the approval of the China Banking and Insurance Regulatory Commission.

The biography of Mr. Zhang Weiwu is set out below: Mr. Zhang Weiwu, male, Chinese nationality, was born in December 1975. Mr. Zhang Weiwu joined the Head Office of ICBC in July 1999, and was appointed as General Manager of ICBC (Europe) Amsterdam Branch in January 2011, General Manager of Singapore Branch in February 2013 and General Manager of the International Banking Department of the Head Office of ICBC in January 2017. Mr. Zhang Weiwu graduated from the Northwest University in China and obtained Master's degree in Political Economy and MBA from Hitotsubashi University in Japan. He is a senior economist.

The remuneration of the Senior Management members of the Bank, including the Senior Executive Vice President, shall follow the relevant regulations. The relevant remuneration plan shall be considered by the Compensation Committee of the Board and subsequently considered and approved by the Board. The details of the remuneration of the Senior Management members of the Bank are available in the Bank's annual reports and relevant announcements.

Save as disclosed above, Mr. Zhang Weiwu has not held directorships in listed companies in the last three years, he does not have any relationship with directors, other Senior Management members, substantial shareholders or controlling shareholders of the Bank, nor does he hold any interests in the shares of the Bank within the meaning of Part XV of the Hong Kong Securities and Futures Ordinance.

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Save as disclosed herein, there are no other matters relating to the appointment of Mr. Zhang Weiwu that need to be brought to the attention of the Shareholders of the Bank nor is there any other information to be disclosed pursuant to any of the requirements of Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The Board of Directors of

Industrial and Commercial Bank of China Limited

Beijing, PRC

29 April 2021

As at the date of this announcement, the Board of Directors comprises Mr. CHEN Siqing and Mr. LIAO Lin as executive directors, Mr. LU Yongzhen, Mr. ZHENG Fuqing, Mr. FENG Weidong and Ms. CAO Liqun as non-executive directors, Mr. Anthony Francis NEOH, Mr. YANG Siu Shun, Mr. SHEN Si, Mr. Nout WELLINK and Mr. Fred Zuliu HU as independent non-executive directors.

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ICBC - Industrial and Commercial Bank of China Limited published this content on 29 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 April 2021 10:40:00 UTC.