Industrial and Commercial Bank of China Limited announced that with the approvals of relevant regulatory authorities, the issuance of Industrial and Commercial Bank of China Limited 2026 Tier 2 Capital Notes (Series 1) (Bond Connect) (the ?Notes?) in National Interbank Bond Market has recently been completed. The Notes issued are of a size of RMB 50,000 million, and the tranche is 10 years fixed-rate notes with conditional redemption right by the issuer at the end of the fifth year, and the interest rate is 2.00%. The proceeds from the issuance of the Notes after deducting offering related expenses will be used to boost the tier 2 capital of the Bank in accordance with the applicable laws and the approvals by the competent authorities.