Core Points - The board of directors of Shanghai Pudong Development Bank held its 10th meeting on September 29, 2025, and all 12 directors participated, ensuring a valid resolution [1][2] - The board approved several key proposals, including the Group Risk Appetite for 2025, asset loss write-off, amendments to the Anti-Money Laundering Management Measures, and Business Continuity Management Policy [2][3] - The board nominated Ms. Ji Hongmei as a candidate for director, following an increase in shareholding by China Orient Asset Management Co., Ltd., which raised its stake from 3.03% to 3.44% by September 29, 2025 [2][6] Meeting Details - The board meeting was conducted via written consent, with all necessary notifications sent out on September 19, 2025 [1][7] - The supervisory board also held its 9th meeting on the same day, with all 8 supervisors present, confirming the legality of the resolutions passed [7][8] Resolutions Passed - The following proposals were unanimously approved by the board: 1. Group Risk Appetite for 2025 2. Asset Loss Write-off 3. Amendments to the Anti-Money Laundering Management Measures 4. Amendments to the Business Continuity Management Policy [2][8]

Core Points - The annual shareholders' meeting of Shanghai Pudong Development Bank was held on June 27, 2025, with no resolutions rejected [2][9] - All proposals presented at the meeting were approved, including the 2024 financial statements and profit distribution plan [5][6] - The profit distribution plan includes a cash dividend of RMB 4.1 per 10 shares, totaling approximately RMB 43.29 billion for statutory surplus reserves and RMB 83 billion for general reserves [6] Meeting Details - The meeting was held at 1688 Lianhua Road, Shanghai, and included both in-person and online participation [2][3] - All 11 directors and 8 supervisors attended the meeting, ensuring compliance with legal requirements [4][9] Resolutions Passed - The following key resolutions were approved: - 2024 Board of Directors' work report [5] - 2024 Supervisory Board's work report [5] - 2024 financial statements and 2025 budget report [6] - Profit distribution plan [6] - Reappointment of the accounting firm [6] - Approval of executive compensation [6] - Election of a new director, pending regulatory approval [6] - Amendments to the Articles of Association and the cancellation of the Supervisory Board [8] - Amendments to the rules of shareholder meetings and board meetings [8] - Related party transaction with Guotai Junan Securities [8] Legal Compliance - The meeting's procedures, including the qualifications of conveners and attendees, adhered to legal and regulatory standards [9][10]