Final dividend for the year ended 31 December 2023

EF001 Disclaimer 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 arisen from or in reliance upon the whole or any part of the contents of this announcement.Cash Dividend Announcement for Equity Issuer Issuer name Industrial and Commercial Bank of China Limited Stock code 01398 Multi-counter stock code and currency Not applicable Other related stock code(s) and 04620 USD Preference Shares Stock Code name(s) Title of announcement Final dividend for the year ended 31 December 2023 Announcement date 28 June 2024 Status Update to previous announcement Reason for the update / change Update on default currency and amount in which the dividend will be paid exchange rate and information relating to withholding tax Information relating to the dividend Dividend type Final Dividend nature Ordinary For the financial year end 31 December 2023 Reporting period end for the dividend declared 31 December 2023 Dividend declared RMB 0.3064 per share Date of shareholders' approval 28 June 2024 Information relating to Hong Kong share register Default currency and amount in which the dividend will be paid HKD 0.335715 per share Exchange rate RMB 1 : HKD 1.095674278 Ex-dividend date 08 July 2024 Latest time to lodge transfer documents for registration with share registrar for 09 July 2024 16:30 determining entitlement to the dividend Book close period From 10 July 2024 to 15 July 2024 Record date 15 July 2024 Payment date 19 August 2024 Computershare Hong Kong Investor Services Limited Rooms 1712-1716 17th Floor Hopewell Centre Share registrar and its address 183 Queen's Road East Wanchai Hong Kong Page 1 of 3 v 1.1.1EF001 Information relating to withholding tax Please refer to the Poll Results Announcement of Annual General Meeting for the Year 2023 dated 28 June 2024 for detailed withholding tax arrangement in respect of the final dividend.Type of shareholders Tax rate Other relevant information (if any) Enterprise - non-resident i.e. registered address 10% In accordance with the Enterprise outside PRC Income Tax Law of the PRC and its implementation regulations the Bank shall withhold and pay enterprise income tax at the rate of 10% on behalf of the non-resident enterprise shareholders whose names appear on the register of members of H shares of the Bank on the record date when distributing the dividend for the year 2023 to such shareholders.In respect of all shareholders whose names appear on the register of members of H shares of the Bank as at the record date who are not individuals (including HKSCC Nominees Limited other enterprise nominees or trustees or other entities and organisations which are all considered as non-resident enterprise shareholders) the Details of withholding tax applied to the Bank will withhold 10% of dividend declared enterprise income tax before distributing the dividend for the year 2023.Individual - non-resident i.e. registered address 10% The Bank shall withhold and pay outside PRC the individual income tax in respect of the dividend (bonus) received by individual holders of H shares from the Bank. The individual holders of H shares of the Bank may be entitled to certain tax preferential treatments pursuant to the tax treaties between the PRC and the countries (or regions) in which the individual holders of H shares are domiciled and the tax arrangements between the Chinese mainland and Hong Kong (Macau). The Bank will determine the country of domicile of the individual holders of H shares based on the registered address as recorded in the register of holders of H shares of the Bank on the record date. For individual holders of H shares the Bank will withhold and pay individual income tax at the rate of 10% on behalf of the individual H share holders except otherwise specified by tax Page 2 of 3 v 1.1.1EF001 regulations and relevant tax treaties.Individual - resident i.e. registered address within 20% For dividends received by PRC domestic investors from investing in H shares listed on the Hong Kong Stock Exchange through Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect such H share companies shall withhold individual income tax at the rate of 20% on behalf of the investors.Enterprise - resident i.e. registered address within 20% For dividends received by PRC domestic securities investment funds from investing in H shares listed on the Hong Kong Stock Exchange through Shanghai- Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect the tax payable shall be the same as that for individual investors. The H shares companies will not withhold the income tax of dividends for domestic enterprise investors and those domestic enterprise investors shall report and pay the relevant tax themselves.Investors (including 10% The Bank will withhold and pay enterprises and individuals) of income taxes at the rate of 10% Northbound Trading on behalf of those investors and will report to the competent tax authorities for such withholding.Information relating to listed warrants / convertible securities issued by the issuer Details of listed warrants / convertible securities issued by the issuer Not applicable Other information The above exchange rate is for reference only. Dividend on ordinary shares of the Bank will be denominated and declared in RMB and will be paid in RMB or in HKD equivalent converted at the median exchange rate published by the People's Bank of China on the date of the AGM (28 June 2024). Therefore the applicable conversion rate in respect of the dividend for each H share for the year 2023 is HKD1 = RMB0.91268 and the dividend for each H share for the year 2023 is approximately HKD0.335715 per H share (pre-tax).Directors of the issuer The Board of Directors comprises Mr. LIAO Lin Mr. LIU Jun and Mr. WANG Jingwu as executive directors Mr. LU Yongzhen Mr. FENG Weidong Ms. CAO Liqun Ms. CHEN Yifang and Mr. DONG Yang as non-executive directors Mr. YANG Siu Shun Mr. SHEN Si Mr. Fred Zuliu HU Mr. Norman CHAN Tak Lam and Mr. Herbert WALTER as independent non-executive directors.Page 3 of 3 v 1.1.1