China Merchants Bank (03968) proposes to appoint Wang Xiaoqing as Executive Director of the 12th Board of Directors

Zhitong Finance App News, China Merchants Bank (03968) issued an announcement. The company held a board meeting on May 23, 2025. The meeting reviewed and unanimously passed the “Proposal on Nominating Mr. Wang Xiaoqing as an Executive Director”, agreeing that the Board Nomination Committee would nominate Wang Xiaoqing as an executive director candidate for the 12th board of directors of the company. The above resolutions will be submitted to the shareholders' meeting of the company for consideration. If the shareholders' meeting reviews and approves them, they will need to be reported to the State Administration of Financial Supervision and Administration to review the qualifications of directors. Wang Xiaoqing's term of office begins on the date the China Financial Supervisory Authority approves his qualifications as a director and ends on the date the 12th board of directors expires.