Industrial and Commercial Bank of China : First Extraordinary General Meeting of 2021 Held on 29 July 2021 Poll Result

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Stock Code: 1398

EUR Preference Shares Stock Code: 4604

USD Preference Shares Stock Code: 4620

FIRST EXTRAORDINARY GENERAL MEETING OF 2021

HELD ON 29 JULY 2021

POLL RESULTS

Reference is made	to	the	circular of Industrial and	Commercial Bank of China Limited
(the "Bank") dated	9	July	2021, containing details of	the resolutions tabled before the First

Extraordinary General Meeting of 2021 of the Bank (the "EGM") for shareholders' approval.

1. Convening and Attendance of the EGM

The board of directors of the Bank (the "Board") announces that the EGM was held at the head office of the Bank, 55 Fuxingmennei Avenue, Xicheng District, Beijing, PRC on 29 July 2021 at 2:50 p.m.

The total number of shares entitling holders thereof to attend and vote on the resolutions proposed at the EGM was 356,406,257,089 shares. No shareholders of the Bank were entitled to attend but were required to abstain from voting in favour of the proposed resolutions pursuant to Rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and no shareholders were required to abstain from voting at the EGM pursuant to the Listing Rules. 205 holders of shares and authorized proxies holding an aggregate of 312,516,530,158 shares with voting rights, representing 87.6855% of the total number of shares with voting rights of 356,406,257,089, were present at the EGM.

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Number of shareholders and authorized proxies attending the EGM	205
including: number of A share holders	193
number of H share holders	12
Total number of shares with voting rights held by shareholders
attending the EGM	312,516,530,158
including: total number of shares held by A share holders	252,961,306,128
total number of shares held by H share holders	59,555,224,030
Percentage of total shares with voting rights held by shareholders
attending the EGM (%)	87.6855
including: percentage of total shares held by A share holders (%)	70.9756
percentage of total shares held by H share holders (%)	16.7099

Notes:

1. Shareholders attending the EGM include those attending the EGM on-site and by way of online voting.
2. According to the Articles of Association and the circumstances of the EGM, the resolutions of the EGM are not required to be considered and approved by the holders of preference shares of the Bank.

The voting of the EGM was conducted by means of on-site voting and online voting in compliance with the relevant provisions of the Company Law of the People's Republic of China (the "Company Law"), the Rules for the General Assemblies of Shareholders of Listed Companies, the Shanghai Stock Exchange Implementation Rules for Network Voting in the General Assemblies of Shareholders of Listed Companies and laws and regulations and relevant provisions of the Articles of Association of Industrial and Commercial Bank of China Limited (the "Articles of Association"). The EGM was convened by the Board of Directors of the Bank and chaired by Mr. Liao Lin, Vice Chairman of the Board and President of the Bank.

11 of the 11 directors of the Bank attended the EGM. 5 of the 5 supervisors of the Bank attended the EGM. Board Secretary of the Bank, Mr. Guan Xueqing, attended the meeting. Candidate for Shareholder Supervisor of the Bank, Mr. Huang Liangbo, Candidate for Executive Director of the Bank, Mr. Wang Jingwu, and senior management members were in attendance at the meeting.

In compliance with the requirements of the Listing Rules, Computershare Hong Kong Investor Services Limited, the Bank's H share registrar, acted as scrutineer for the vote-taking of the EGM.

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II. Voting Results of the EGM

At the EGM, all of the proposals set out in the Notice of the First Extraordinary General Meeting of 2021 dated 9 July 2021 were resolved by polling. The proposals were voted upon by a combination of on-site and online polling. Poll results in respect of the resolutions proposed at the EGM were as follows:

1. Proposal on the Election of Mr. Huang Liangbo as Shareholder Supervisor of Industrial and Commercial Bank of China Limited

Voting result: approved Details of votes:

Type of	For	Against	Abstain
shareholders
No. of votes	Percentage (%)	No. of votes	Percentage (%)	No. of votes	Percentage (%)
A Shares	252,887,734,490	99.9709	7,924,835	0.0031	65,646,803	0.0260
H Shares	59,451,996,845	99.8267	39,961,963	0.0671	63,265,222	0.1062
Ordinary shares	312,339,731,335	99.9434	47,886,798	0.0153	128,912,025	0.0413
in total

2. Proposal on the Election of Mr. Wang Jingwu as Executive Director of Industrial and Commercial Bank of China Limited

Voting result: approved Details of votes:

Type of	For	Against	Abstain
shareholders
No. of votes	Percentage (%)	No. of votes	Percentage (%)	No. of votes	Percentage (%)
A Shares	252,815,867,669	99.9425	79,781,656	0.0315	65,656,803	0.0260
H Shares	58,293,857,619	97.8820	1,211,973,189	2.0350	49,393,222	0.0830
Ordinary shares	311,109,725,288	99.5498	1,291,754,845	0.4133	115,050,025	0.0369
in total

The proposals above, which were approved by ordinary resolution, were approved by more than half of the votes held by the shareholders present at the meeting in person or by proxy.

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The meeting elected Mr. Huang Liangbo as Shareholder Supervisor of the Bank. According to the relevant requirements and the resolution of the Board of Supervisors of the Bank, Mr. Huang Liangbo's term of office as Shareholder Supervisor of the Bank commences upon the consideration and approval at the general meeting of shareholders, and his term of office as Chairman of the Board of Supervisors of the Bank takes effect concurrently. Please refer to the Bank's Announcement on the Appointment of Chairman of the Board of Supervisors dated 29 July 2021 for the biography of Mr. Huang Liangbo.

The meeting elected Mr. Wang Jingwu as Executive Director of the Bank, his qualification as Executive Director is subject to the approval of the China Banking and Insurance Regulatory Commission (the "CBIRC"), and his term of office as Executive Director of the Bank will take effect on the date when the approval of the CBIRC is obtained. Please refer to the circular of the Bank dated 9 July 2021 for the biography of Mr. Wang Jingwu.

In accordance with the relevant regulatory requirements of the China Securities Regulatory Commission and the Shanghai Stock Exchange, the votes of small and medium-sized A share investors1 were calculated separately and the poll result in respect of the resolution at the EGM was as follows:

No. of

For

Against

Abstain

Name of resolution

No. of votes

Percentage

No. of votes

Percentage

No. of votes

Percentage

resolution

(%)*

(%)*

(%)*

2

Proposal

on

the

Election of

5,781,562,854

97.5462

79,781,656

1.3461

65,656,803

1.1077

Mr. Wang Jingwu as Executive

Director

of

Industrial

and

Commercial

Bank

of

China

Limited

1. • Percentage of total shares with voting rights held by small and medium-sized A share investors attending the EGM.
2. Lawyers' Certification

Ms. Su Zheng and Mr. Cong Qunji of King & Wood Mallesons witnessed the convening and procedures of the EGM conformed to laws and regulations such as the Company Law, the Rules for the General Assemblies of Shareholders of Listed Companies, and the Shanghai Stock Exchange Implementation Rules for Network Voting in the General Assemblies of Shareholders of Listed Companies; the qualifications of attendees and the convener, the voting process and other related matters of the EGM conformed to laws and regulations such as the Company Law, the Rules for the General Assemblies of Shareholders of Listed

1 Individually or collectively holding A shares less than 5% (excluding 5%) of the shares of the Bank.

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Companies, the Shanghai Stock Exchange Implementation Rules for Network Voting in the General Assemblies of Shareholders of Listed Companies and provisions of the Articles of Association. The voting results of the general meeting of shareholders were lawful and valid.

The Board of Directors of

Industrial and Commercial Bank of China Limited

Beijing, PRC

29 July 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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