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Lufax's Annual General Meeting Outcomes

On June 30, 2026, Lufax Holding Ltd, a premier player in financial services for small business owners in China, held its annual general meeting in Shanghai. This important event marked a significant milestone for the company and its stakeholders, revealing crucial decisions and approvals by shareholders.

Financial Statements Approval

During the meeting, shareholders enthusiastically approved the audited consolidated financial statements for both the year ending December 31, 2024, and the year ending December 31, 2025. This affirmation confirms Lufax's commitment to transparency and accountability in its financial practices, reassuring investors about the stability of the company's financial health and operational efficacy. The reports presented by the company's directors and auditors garnered acceptance, demonstrating trust in the management team's capabilities.

Director Re-elections

A pivotal component of the meeting was the re-election of several key directors, reinforcing the company's leadership stability. The following directors were re-elected:

• - Mr. Xiang JI - Executive Director
• - Mr. Tongzhuan XI - Executive Director
• - Ms. Fangfang CAI - Non-executive Director
• - Mr. Shibang GUO - Non-executive Director
• - Mr. Peifeng LI - Non-executive Director
• - Mr. Dicky Peter YIP - Independent Non-executive Director
• - Ms. Wai Ping Tina LEE - Independent Non-executive Director
• - Mr. Koon Wing Ernest IP - Independent Non-executive Director
• - Mr. Siu Hong CHENG - Independent Non-executive Director

This re-election not only reflects a vote of confidence in the leadership team but also assures continuity in the strategic direction of Lufax, which is crucial in today’s investment landscape.

Auditor Reappointment

In addition to re-electing directors, the meeting also saw the reappointment of Ernst & Young and Ernst & Young Hua Ming LLP as the company’s auditors. This decision ensures that reputable experts will continue scrutiny over Lufax's financial practices, enhancing the trust of stakeholders, including investors and regulatory bodies. The Board has also been authorized to finalize the auditors' remuneration for the year ending December 31, 2026, which underscores the operational independence of the auditing process.

Lufax’s Vision for the Future

Lufax operates as a vital financial services enabler, primarily focused on catering to the unique requirements of small business entrepreneurs in China. Through establishing partnerships with 85 financial institutions, many of which have been long-term associates, Lufax continues to innovate and provide tailored financing products that enhance access and opportunities for small business owners. The company’s vision encompasses emphasizing technological advancement and customer-centric services to elevate client experiences and continuously adapt to the evolving financial market.

Conclusion

The outcomes from this year’s annual general meeting are a testament to Lufax's ongoing dedication to transparency and corporate governance. The approvals and leadership reaffirmations symbolize the company’s commitment to its mission and the financial well-being of its stakeholders. As Lufax moves forward, the strategic decisions made during this meeting will be instrumental in navigating the challenges and opportunities ahead in the fast-paced financial landscape of China.