Financial document (E 2025 Annual Report)

Annual Report

Welcome to The Bank of East Asia, Limited's website

歡迎瀏覽東亞銀行有限公司網站

目錄

Corporate Profile

本行簡介

Our Vision 願景

To be the trusted and preferred banking partner in Greater China and beyond.

成為大中華及其他地區 客戶信任及首選的銀行夥伴。

Total Consolidated Assets 綜合資產總額

HK$921.0 billion

Incorporated in 1918, The Bank of East Asia, Limited ( "BEA" ) is a leading Hong Kong-based financial services group with total consolidated assets of HK$921.0 billion (US$118.3 billion) as of 31 December 2025.

港幣9,210 億元

東亞銀行有限公司（「東亞銀 行」）成立於1918 年，為一

家具領導地位的香港金融服務 集團。於2025 年12 月

31日的綜合資產總額達港幣9,210億元（1,183億美元）。

Our Mission 使命

To ensure every customer experience is positive. We achieve this by providing best in class financial products and services.

提供出類拔萃的金融產品 及服務，務求令每位客戶時刻享有稱心的服務體驗。

BEA provides a comprehensive range of wholesale banking, personal banking, wealth management, and investment services to customers throughout Greater China and beyond. The Bank maintains one of the largest retail networks in Hong Kong, with full-service branches; SupremeGold and SupremeGold Private Centres for affluent and premium affluent customers respectively; and innovative, extended-hour i-Financial Centres conveniently located throughout the city.

本行一直致力服務大中華及其 他地區的客戶，提供全面的批發銀行、個人銀行、財富管理和投資服務，以滿足客戶的理財所需。本行為香港擁有最大零售網絡的銀行之一，分行提供全面的服務，並設有專為高端客戶而設的顯卓理財中心和顯卓私人理財中心。此外，本行亦於不同地區設立i- 理財中心，為客戶提供更長的營業時間及便捷創新的服務。

Nationwide outlets 網點遍布內地

38 cities 城市

In the Chinese Mainland, BEA' s wholly-owned subsidiary, The Bank of East Asia (China) Limited operates one of the most extensive networks of any foreign bank on the Mainland, with outlets in 38 cities nationwide.

本行的全資附屬公司-東亞銀行（中國）有限公司為內地網絡最大的外資銀行之一，網點遍布內地38 個城市。

About 約

8,000 employees 員工

Overseas, the Bank maintains an active presence in Southeast Asia, the United Kingdom, and the United States. Worldwide, BEA serves customers through around 120 outlets and offers rewarding and challenging career opportunities to about 8,000 employees.

在海外地區，在東南亞、英 國和美國設有據點。現時，集團在全球─包括香港及大中華其他地區，共設有約120 個網點，並聘用約8,000 名員工。

BEA Group strives to be a positive, enabling force in the communities it serves and is committed to long-term sustainable development. The Group integrates social, environmental, ethical, employee, and customer concerns into its business and operations with the aim of aligning the interests of its stakeholders and the society at large.

For more information on BEA, please visit your nearest BEA branch or the Bank's website at https://www.hkbea.com.

東亞銀行集團一直致力在所服 務的社區成為一股正面及積極的動力，以推動長遠的可持續發展。本集團將社會、環境、道德、員工及客戶的考慮融入本集團的業務及營運之中，以符合本集團的其他持份者，乃至廣大社群的利益。

如欲查詢更多有關東亞銀行的 資料，請親臨就近的東亞銀行分行或瀏覽本行網頁： https://www.hkbea.com。

Financial Highlights

財務摘要

Notes:

1 Profits attributable to owners of the parent for the year after deduction of the distributions to Additional Tier 1 issue holders/Monthly average balance of the total assets for the year including last year-end balance.

2 Profits attributable to owners of the parent for the year after deduction of the distributions to Additional Tier 1 issue holders/Monthly average balance of the total equity attributable to the owners of the parent for the year including last year-end balance.

3 Operating expenses/Operating income.

4 Total gross loans and advances to customers/Total deposits from customers and certificates of deposits issued.

5 Gross impaired loans and advances to customers/Total gross loans and advances to customers.

6 It is computed on a consolidated basis in accordance with Banking (Capital) Rules.

附註：

1 已減除分派予額外一級資本工具持有人後可歸屬於本集團股東之年度溢利/年內（包括去年末的結 餘）資產總額之每月平均結餘。

2 已減除分派予額外一級資本工具持有人後可歸屬於本集團股東之年度溢利/年內（包括去年末的結 餘）可歸屬於本集團股東權益總額之每月平均結餘。

3 經營支出╱ 經營收入。

4 客戶貸款及墊款總額/客戶存款及已發行存款證總額。

5 減值貸款及墊款總額/客戶貸款及墊款總額。

6 根據銀行業（資本）規則的綜合基準計算。

Five-Year Financial Summary

5 年財務概要

Total Equity

股東權益總額

120,000

110,000

100,000

90,000

80,000

70,000

60,000

50,000

40,000

30,000

20,000

10,000

0

116,050

106,346

108,326

105,739

105,631

HK$ Million

港幣百 萬元

2021 2022 2023

2024

2025

Loans and Advances to Customers / Total Customers' Deposits and Certificates of Deposit Issued / Total Assets

客戶貸款及墊款 / 存款總額 / 資產總額

1,000,000

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0

HK$ Million

港幣百 萬元

907,470

2021 2022 2023

2024

920,993

882,825

860,361

877,759

697,832

548,808

549,014

549,279

532,931

532,111

729,613

664,671

656,216

680,755

2025

Loans and Advances to Customers

Total Customers' Deposits and Certificates of Deposit Issued

Total Assets

客戶貸款及墊款 存款總額 資產總額

Five-Year Financial Summary (continued)

5 年財務概要（續）

Profit Attributable to Owners of the Parent

可歸屬於本集團股東溢利

6,000

5,000

4,000

5,270

4,359

4,608

4,118

3,501

3,000

2,000

1,000

0

HK$ Million

港幣百 萬元

2021 2022 2023

2024

2025

Five-Year Comparison 5 年比較

2021 2022 2023 2024 2025

105,631 HK$0.61

Total equity in 2025

2025 股東權益 總額

Dividends per share

每股股息

6 The Bank of East Asia, Limited Annual Report 2025

Executive Chairman's Statement

6 The Bank of East Asia, Limited Annual Report 2025

Executive Chairman's Statement

執行主席報告書

Supported by a solid balance sheet, a strong capital position, and a clear strategic vision, we are poised to deliver sustainable value to our shareholders for years to come.

憑藉穩固的財政實 力和豐厚的資本，加上清晰的策略願景，我們已做好準備，為股東創造可持續的價值。

Dr the Hon. Sir David LI Kwok-po

Executive Chairman

執行主席

李國寶爵士

Executive Chairman's Statement (continued)

執行主席報告書（續）

In 2025, the Chinese Mainland and Hong Kong experienced a measured but positive economic recovery. The release of a highly competitive and domestically developed AI model in January set a positive tone for the year. The momentum created by this breakthrough provided broad stimulus that propelled innovation throughout the year.

While the global landscape was marked by adaptation and recalibration - most notably in response to the landmark trade tariffs introduced by the new US Administration - Mainland exporters proved adept at meeting the challenges by shifting production toward alternative destinations. Despite plunging US trade, the Chinese Mainland posted a record trade surplus and achieved its full-year growth target. Squeezed profit margins amid a highly competitive domestic market also drove many Chinese corporates to venture across borders to tap new markets.

In Hong Kong, capital markets rebounded, buoyed by a robust pipeline of IPOs from some of China's most innovative emerging companies. Residential property prices stabilised, as buyers gradually returned to the market on the back of lower interest rates and higher rents. Together with strong growth in tourism, domestic consumption improved steadily, underpinning a year of stable growth.

2025 年，中國內地及香港經濟呈現溫和復甦。隨著具備

大競爭力的國產人工智能模型於一月份面世，為全年的氛圍奠定了良好基調，也廣泛推動了多個領域的創新發展。

當前全球格局以適應與重整為 主調，尤其是為了應對美國新一屆政府推出不同尋常的貿易關稅措施。然而，內地出口商靈活應變，透過將生產轉移至其他地區，克服了重重考驗。儘管對美貿易額大幅下滑，中國內地的貿易順差卻創下歷史新高，並成功實現了全年經濟增長目標。與此同時，內地市場競爭激烈，利潤空間受壓，內地企業紛紛進軍海外，開拓新市場。

在香港，受惠於一系列內地新 興的頂尖創新企業來港上市，新股市場尤為蓬勃，帶動資本市場回升。隨著利率下調，加上租金上升，買家逐漸重返物業市場，住宅樓價亦告回穩。在旅遊業

勁增長的帶動下，本地消費穩步改善，全年錄得穩定增長。

Dividends for the Last 5 Years

過往5年股息紀錄

2,500

2,000

1,500

2,180

1,000

500

0

HK$ Million

港幣百萬 元

2,045

1,815

1,609

1,434

2021 2022

2023

2024

2025

The Group's core performance was solid. Pre-provision operating profit was stable from last year at HK$11.2 billion. We were particularly encouraged by a strong growth of 28% in non-interest income, which helped us deliver an increase in operating income against a challenging macro environment. This result demonstrated early success of our strategy in diversification and doubling down on building a sustainable platform for future growth.

We continue to provide for our commercial real estate ("CRE") exposure proactively and prudently. 77% of our provision in the year were related to Hong Kong and Chinese Mainland CRE. We also lowered the valuation of our Investment Properties portfolio by HK$723 million. Further, the Group recorded a shared loss from associates and joint ventures of HK$305 million, mainly from an associate operating in the Chinese Mainland.

Strategic priorities

Hong Kong is well established as the top destination for Chinese Mainland firms seeking to raise capital. Now, Hong Kong has also emerged as the preferred wealth management centre for affluent global Chinese. As capital flows increasingly gravitate towards Hong Kong, the territory is poised to become the world's premier cross-border wealth management centre.

BEA i s well- positioned to capture these new opportunities. Our OneBank initiative amplifies our cross-boundary service proposition, delivering a simplified, seamless digital and physical journey for our retail and corporate clients.

The Bank views wealth management as a crucial pillar of our growth strategy. We have invested in a strengthened sales force, deepened investment product shelf, enhanced CRM system, upgraded omni-channels, and streamlined onboarding journeys to improve the customer experience with BEA. Aided by improved market sentiment, 2025 was a successful year for BEA's retail and private banking business as well as for investment and insurance sales.

For wholesale banking, we have diversified income streams beyond traditional lending, with transaction banking, treasury sales, and syndication loan fee income becoming major contributors to our non-interest income performance. The revenue generated through collaboration among BEA's various geographic locations outpaced stand-alone revenue growth, highlighting our unique position as an enabler for Chinese enterprises seeking onshore and offshore financing solutions.

We are leveraging the capabilities of our Global Services Centre ("GSC") in the Guangdong province to propel efficiency gains in operational excellence. By integrating AI and automation into our daily operations, we have significantly improved service quality, turnaround times, and productivity. Apart from operations, we are also building up the Bank's technology development capability at the GSC. Tapping into the deep talent pool in the Greater Bay Area and leveraging local AI development tools, we have accelerated the pace at which we bring new products and services to market.

Sustainability

BEA remains steadfast in achieving our net zero and other sustainability goals. We became the first bank headquartered in Hong Kong to join the United Nations Principles for Responsible Banking. The Bank is making steady progress towards our net zero commitment in Group operations by 2030, and continues to work closely with our customers to support their transition to low-carbon and sustainable business models. As at the end of 2025, the Bank's green and sustainable finance accounted for 17.8% of our total corporate loan and bond investments.

During the year under review, we celebrated the 15th anniversary of the "Palliative Care for the Elderly" Programme. This programme has spurred legislative changes, enabling terminally ill patients to spend their last days in residential care homes.

本集團的核心業務仍然表現 穩健。撥備前經營溢利按年保持平穩，達港幣112 億元。非利息收入增長達 28%，成績令人鼓舞，並讓我們在充滿挑戰的宏觀環境下，經營收入仍錄得增長。這反映了我們採取的策略，包括業務多元化，以及為未來增長建立可持續的業務平台，已經取得初步成功。

我們繼續主動和審慎地為商業 房地產敞口作出撥備。本年度的撥備之中，77% 是與香港和內地商業房地產相關。我們的投資物業組合估值亦下調了港幣7.23 億元。此外，本集團錄得應佔聯營公司及合資企業虧損港幣3.05 億元，主要來自一間中國內地的聯營公司。

策略重點

香港一向是內地企業籌集資金 的理想地點，今天更晉身為全球華人富裕階層的首選財富管理中心。隨著對資金的吸引力與日俱增，香港勢將成為世界主要的跨境財富管理中心。

東亞銀行處於有利位置，有 望把握新機遇。我們的 OneBank策略加

了跨境服務的定位，務求為零售及企業客戶提供簡單便捷、暢順無縫的線上線下體驗。

本行視財富管理為增長策略的 關鍵支柱。為此，我們投入資源以加

銷售團隊、深化投資產品系列、提升客戶關係管理體系、升級全渠道服務，同時簡化客戶開戶流程，力求為客戶締造更理想的服務體驗。隨著市況好轉，2025 年東亞銀行在零售和私人銀行業務，以至投資和保險銷售，均錄得良好業績。

批發銀行業務方面，我們積極 推動收入來源多元化，不再局限於傳統借貸。其中，交易銀行、財資產品銷售及銀團貸款費用收入成為了批發銀行非利息收入的重要來源。透過本行各地業務單位之間的緊密協作所產生的收入增長，已超越本地業務的升幅，突顯了我們成為中國企業尋求境內外融資的首選夥伴的獨特優勢。

我們充分發揮位於廣東省的東 亞環球商業服務中心的功能，透過優化營運提升效率。本行把人工智能和自動化科技融入日常營運，以大幅提升服務質素、縮短處理時間，並提高生產力。除營運外，我們亦正提升東亞環球商業服務中心的科技開發能力。大灣區人才濟濟，加上可供應用的人工智能開發工具式式俱備，有助我們進一步加快向市場推出新產品及服務。

可持續發展

東亞銀行堅定不移，致力實現 早前訂立的淨零排放承諾及其他可持續發展目標。本行是首家以香港為總部的銀行加入聯合國《負責任銀行原則》。此外，本集團正穩步朝著2030 年達致集團淨零營運排放的目標邁進。東亞銀行亦積極與客戶緊密合作，支持他們向低碳和可持續的商業模式轉型。截至2025 年底，本行的綠色及可持續金融資產佔企業貸款及債券投資總額的17.8%。

於本回顧年度，東亞銀行慶祝「 完善人生」計劃推出15周年。該計劃促成了法例修訂，讓晚期病患長者可以於院舍渡過最後的時光。

Outlook

Looking ahead, BEA is well-positioned to grow our franchise. Hong Kong is anticipating significant wealth inflows and financing demand as it further integrates with the Chinese Mainland economy. To capture these growing opportunities, BEA has established strong collaborative and coordinated cross-boundary banking capabilities.

In the coming three years, the Bank looks to build a resilient and sustainable growth platform by driving non-interest income growth. This will be accomplished through a dedicated focus on becoming a wealth management specialist, and deepening relationships beyond lending.

The Group has made further progress in enhancing the Group's asset quality in 2025, amid challenges in both the Chinese Mainland and Hong Kong CRE markets. We shall continue to expand our non-CRE business to build a strong foundation for future growth.

Supported by a solid balance sheet, a strong capital position, and a clear strategic vision, we are poised to deliver sustainable value to our shareholders in the years to come.

In closing, it is my pleasure to extend my personal thanks to the Directors of the Bank and its subsidiaries for their wise counsel throughout the past year. Their diverse experience, spanning various industries and regions, is one of our Group's greatest strengths.

The support of our esteemed international partners, such as Criteria Caixa S.A. and Sumitomo Mitsui Banking Corporation, continues to inspire us to drive innovation and growth. We deeply value their insightful perspectives as well as the plentiful opportunities they provide.

I must also extend my sincere gratitude to all our clients, whose loyalty and trust serve as the cornerstone of our achievements. Likewise, we are immensely thankful to our shareholders, whose unwavering support makes our work possible.

Lastly, my heartfelt thanks to all my colleagues for their tireless dedication to upholding our mission of serving our stakeholders. Your individual and collective efforts drive our Bank forward and transform our shared vision into reality.

David LI Kwok-po

Executive Chairman

Hong Kong, 13 February 2026

展望

我們已經為未來的業務發展作 好充分準備。隨著進一步與內地經濟融合，香港勢將迎來財富流入和融資需求的顯著增長。為掌握此商機，東亞銀行已建立緊密協作和高度整合的跨境業務能力。

未來三年，本行將透過推動非 利息收入的增長，建立一個具韌性、可持續的增長平台。為此，我們將銳意成為財富管理專家，並把與客戶的關係拓展至貸款以外的領域。

面對中國內地和香港商業房地 產市場的逆境，本集團在提升資產質素方面仍取得進展。我們將繼續拓展商業房地產以外的業務，為日後的增長打好基礎。

憑藉穩固的財政實力和豐厚的 資本，加上清晰的策略願景，我們已做好準備，為股東創造可持續的價值。

最後，本人謹此衷心感謝本行 及各附屬公司董事過去一年的寶貴建議。他們在不同行業及地區的經驗豐富，是本集團最大的優勢之一。

Criteria Caixa S.A.、三井住友銀行等 國際合作夥伴，一直啟發我們推動創新，追求增長，本行非常感激他們的真知灼見，以及所帶來的大量商機。

本人謹此誠摯感謝所有客戶的 長久支持和信賴，這正是我們得以取得成就的基石。同樣，我們也非常感謝各位股東的鼎力支持，使本行的工作得以順利推展。

最後，本人由衷感謝集團全體 同事，感謝大家克盡己任，堅定履行對持份者的服務使命。不論個人或團隊，全賴各位和衷共濟，本集團方能穩步向前，推動實現我們的共同願景。

執行主席

李國寶

香港，2026 年2 月13 日

Report of the Co-Chief Executives

BEA's top-line performance remained resilient, underpinned by strong

non-interest income across the board. We focused on managing asset quality and diversifying business mix to drive sustainable growth. Meanwhile, our investment in technology has delivered efficiency gains and cost benefits.

東亞銀行的非利息收入全面上升，整體收入保 持平穩。本行專注於管理資產質素及推動多元化業務發展，以實現可持續增長，並透過持續投資於科技，以提升效率和降低成本。

Adrian David LI Man-kiu

Co-Chief Executive

聯席行政總裁

李民橋

Financial Review

Financial Performance

In 2025, BEA and its subsidiaries earned a profit attributable to owners of the parent of HK$3,501 million, representing a decrease of 24.0% compared to the HK$4,608 million earned in 2024.

Basic earnings per share were HK$1.22 in 2025, compared to HK$1.52 the previous year. The return on average assets decreased by 0.1 percentage points to 0.4%, while the return on average equity decreased by

0.9 percentage points to 3.1%.

Pre-provision operating profit ("PPOP") posted a modest decline of HK$147 million, or 1.3%, to HK$11,198 million.

Net interest income decreased by HK$1,207 million, or 7.3%, to HK$15,322 million. With the reduction in interest rates, NIM narrowed by 19 basis points year-on-year, from 2.09% to 1.90%.

Non-interest income rose by 28.0% to HK$5,697 million. Net fee and commission income increased by 14.8% year-on-year to HK$3,216 million, supported by a growing contribution of fees from investment activities and sales of third-party insurance policies. Net profit from trading, revaluation of financial instruments, and related hedging also improved by HK$663 million, or 44.9%, mainly driven by higher revenue from structured products and FX dealings as a result of increased customer activities.

聯席行政總裁報告書

財務回顧

財務表現

於2025 年，東亞銀行及其附屬 公司錄得可歸屬於本集團股東溢利港幣35.01 億元，較2024 年錄得的港幣 46.08 億元，減少24.0%。

Brian David LI Man-bun

Co-Chief Executive

聯席行政總裁

李民斌

2025 年的每股基本盈利為港幣1.22 元，而上一年度則為港幣1.52 元。平均資產回報率下降0.1 個百分點，至 0.4%，而平均股東權益回報率則下降0.9 個百分點，至3.1%。

撥備前經營溢利輕微下降港幣1.47 億元，或1.3%，至港幣111.98 億元。

淨利息收入減少港幣12.07 億元 ，或7.3%，至港幣

153.22 億元。由於利率下跌，淨 息差按年收窄19 個基點，由2.09%下降至1.90%。

非利息收入上升28.0%，至港幣56.97 億元。服務費及佣金收入淨額按年增加14.8%，至港幣32.16 億元，主要由於投資活動和第三方保單銷售的佣金貢獻持續增長。交易、金融工具重估及相關對沖的淨利潤增加港幣6.63 億元，或44.9%，主要受惠於客戶交投活躍，帶動結構性產品和外匯業務的收入上升。

經營支出增加港幣1.87 億元，或1.9%，至港幣98.21億元。本行繼續投資於人才及數碼化，並透過轉型措施提升經營效率。2025 年的成本對收入比率上升0.8個百分點至46.7%。

金融工具之減值損失增加港幣1.45 億元，或2.6%，至港幣56.42 億元。與商業房地產的相關撥備佔整體貸款損失撥備的77%。由於商業房地產行業持續受不明朗因素影響，本集團繼續採取審慎措施，積極地降低相關的貸款敞口。本集團的減值貸款比率繼續維持於可控水平，於2025 年12 月底為2.69%，較2024 年12月底的2.72%有所回落。

同時，本集團的投資物業減值 增加港幣5.78 億元，至港幣7.23 億元。本集團亦錄得應佔聯營公司及合資企業虧損港幣3.05 億元，主要來自一家於中國內地經營業務的聯營公司。

雖然可歸屬於本集團股東溢利 受到上述的一次性因素影響，核心業務保持平穩。儘管面對充滿挑戰的市況，經營收入總額上升0.2%，至港幣210.19 億元。

Report of the Co-Chief Executives (continued)

Operating expenses rose by HK$187 million, or 1.9%, to HK$9,821 million. The Bank continued to invest in talent and digital capabilities while realising efficiency gains from its transformation initiatives. The cost-to-income ratio for 2025 increased by 0.8 percentage points to 46.7%.

Impairment losses on financial instruments increased by HK$145 million, or 2.6%, to HK$5,642 million. Provisions on the commercial real estate ("CRE") sector accounted for 77% of total loan loss provisions. Given the ongoing uncertainties in the CRE sectors, the Group is continuing to adopt a prudent approach by proactively managing down CRE exposure. The Group's impaired loan ratio remained manageable at 2.69%, down from 2.72% at the end of December 2024.

Meanwhile, valuation losses on the Group's investment properties increased by HK$578 million to HK$723 million. The Group recorded a shared loss from associates and joint ventures of HK$305 million, mainly from an associate operating in the Chinese Mainland.

While attributable profit was impacted by the above one-off events, core business was resilient. Total operating income increased by 0.2% to HK$21,019 million amid challenging market conditions.

Financial Position

The Group has remained focused on risk management and portfolio diversification. Gross advances to customers increased by 3.1% to HK$549,279 million. Total consolidated assets of the Group stood at HK$920,993 million at the end of December 2025, representing an increase of HK$43,234 million, or 4.9%, compared to HK$877,759 million at the end of 2024.

Total deposits from customers increased by 9.9% to HK$706,579 million. Of the total, demand deposits and current account balances increased by HK$26,373 million, or 40.2%; savings deposits increased by HK$24,723 million, or 18.3%; and time deposits increased by HK$12,390 million, or 2.8%. Total deposit funds, comprising deposits from customers and all certificates of deposit issued, amounted to HK$729,613 million.

The loan-to-deposit ratio stood at 75.3% at the end of December 2025, compared to 80.2% at the end of 2024.

Total equity attributable to owners of the parent rose by 4.9% to HK$105,335 million at the end of 2025.

As at 31 December 2025, the total capital ratio, tier 1 capital ratio, and common equity tier 1 capital ratio rose to 28.2%, 24.7%, and 24.7%, respectively, benefitting from the implementation of the Basel III final reform on 1 January 2025. The average liquidity coverage ratio for the quarter ended 31 December 2025 was 182.8%, well above the statutory minimum of 100%.

聯席行政總裁報告書（續）

財務狀況

本集團繼續致力管理風險及分 散貸款組合。客戶墊款總額增加3.1%，至港幣5,492.79 億元。於2025 年12月底，本集團綜合資產總額達港幣9,209.93 億元，較 2024 年底的港幣8,777.59 億元，增加港幣432.34 億元，或4.9%。

客戶存款總額增加9.9%，至港幣7,065.79 億元。其中，活期存款和往來存款賬戶結餘增加港幣263.73 億元，或40.2%；儲蓄存款增加港幣247.23 億元，或 18.3%；而定期存款增加港幣123.90 億元，或2.8%。包括客戶存款及所有已發行存款證的存款總額為港幣 7,296.13 億元。

於2025 年12 月底，貸款對存款比率為75.3% ， 而

2024 年底則為80.2%。

2025 年底的可歸屬於本集團股東權益總 額上升

4.9%，至港幣1,053.35 億元。

截至2025 年12 月31 日，隨著2025 年1 月1 日《巴塞爾協定三》最終改革方案的實施，總資本比率、一級資本比率及普通股權一級資本比率，分別上升至 28.2%、24.7%及24.7%。截至2025 年12 月31 日止季度的平均流動性覆蓋比率為182.8%，遠高於100% 的法定下限。

Operating Income vs Operating Expenses

經營收入與經營支出

20,746

20,979

21,019

17,954

16,283

22,000

20,000

18,000

16,000

14,000

12,000

10,000

8,000

6,000

4,000

2,000

0

HK$ Million

港幣百萬元

經營收入 經營支出

16 The Bank of East Asia, Limited Annual Report 2025

Report of the Co-Chief Executives (continued)

Major Recognition

主要獎項及榮譽

The Bank of East Asia, Limited

東亞銀行有限公司

Financial Institution Awards 2025

金融機構大奬2025

Financial Services Awards of Excellence 2025金融服務卓 越大獎 2025 Global Brand Awards 2025

全球品牌大獎2025

Private Banking Awards 2025 2025年全球 私人銀行大獎 China Wealth Awards 2024 2024年中國財 富獎 2025 Best SME's Partner Award 2025中小企業 最佳拍檔獎

Bank of the Year - Outstanding Performance 年度銀行－ 傑出大獎

Clients Engagement - Excellence Performance 顧客關顧－ 卓越大獎

Premium Segment Client Service - Outstanding Performance 優端客戶級別服務－ 傑出大獎 SME Engagement (Greater Bay Area) - Outstanding Performance 中小企關顧服務（大灣區）－傑出大獎

- Bloomberg Businessweek (Chinese Edition)《彭博商業周刊╱ 中文版》

Award of Excellence - Retail Banking 卓越零售銀行

Award of Excellence - SME Financing 卓越中小企貸款服務

Award of Excellence - Digital Personal Banking 卓越數碼零售銀行

Award of Excellence - Corporate Payment and Cash Management Services 卓越企業 資金管理服務

- The Hong Kong Economic Journal《信報財經新聞》

Best Retail Bank of the Year - Hong Kong 香港最佳零售銀行

Best Digital Banking - Hong Kong 香港最佳數碼銀行

Best Bank for Customer Experience - Hong Kong 香港最佳客戶體驗銀行

• Global Brands Magazine《全球品牌雜誌》

  Hong Kong's Best for Sustainability 香港最佳可持續發展私人銀行

• Euromoney《歐洲貨幣》

  Best Private Bank - GBA (Silver) 最佳私人銀行 － 大灣區（銀奬）

  Best Private Bank - Next Generation (Silver) 最佳私人銀行 － 下一代客戶（銀奬）

• Asian Private Banker《亞洲私人銀行家》

  Best SME's Partner Award 中小企業最佳拍檔獎

• The Hong Kong General Chamber of Small and Medium Business 香港中小型企業總商會

  
  
  

  東亞銀行有限公司2025 年報 17

  聯席行政總裁報告書（續）

  The Bank of East Asia (China) Limited

  東亞銀行（中國 ）有限公司

  2024 Exemplary News Reports in the Banking Sector 2024年銀行業 好新聞 2024 Fintech Development Award 2024年度金融 科技發展獎 AI in Finance Awards 2025 2025年度人工 智慧金融大獎

  2024 Exemplary News Report on Banking Sector's Efforts in Upholding Integrity and Fostering Innovation 2024年銀行業「守正創新」好新聞

• China Banking Association 中國銀行業協會

  2024 Fintech Development Award - Bronze 2024年度金融科技發展獎三等獎

• The People's Bank of China 中國人民銀行

  Best Bank for Fintech in Corporate Banking (Global) 全球最佳企業銀行金融科技獎

  Best Bank for Trade Finance in Corporate Banking (Asia-Pacific) 亞太最佳企業 銀行貿易金融服務獎

  Best Bank for Payments in Corporate Banking (Asia-Pacific) 亞太最佳企業銀行支付服務獎

  Best Bank in Corporate Banking (China) 中國最佳企業銀行服務獎

• Global Finance《環球金融》

18 The Bank of East Asia, Limited Annual Report 2025

Report of the Co-Chief Executives (continued)

Bank of East Asia (Trustees) Limited

東亞銀行（信託）有限公司

2025 MPF Scheme Ratings and Awards積金評級「2025強積金大獎」 LSEG Lipper Fund Awards Hong Kong 2025 LSEG理柏基金 香港年獎2025

Gold Rated Scheme - BEA (MPF) Value Scheme 金級計劃 － 東亞（ 積金）享惠計劃

Gold Rated Scheme (5 Year Consecutive Gold) - BEA (MPF) Value Scheme 連續五年金 級計劃 －東亞（ 積金）享惠計劃

Sustainably Friendly - BEA (MPF) Value Scheme, BEA (MPF) Value Scheme, BEA (MPF) Industry Scheme 企業可持續友好大獎 － 東亞（ 積金）集成 信託計劃，東亞（ 積金）享惠計劃，東亞（ 積金）行業計劃

- MPF Ratings Limited 積金評級有限公司

BEA (MPF) Value Scheme - BEA Global Equity Fund (10 Years) 東亞（ 積金）享 惠計劃 －東亞環球股票基金（10年）

BEA (MPF) Value Scheme - BEA Hong Kong Tracker Fund (3 Years & 5 Years) 東亞（ 積 金）享惠計劃 － 東亞香港追蹤指數基金（3年及5年）

BEA (MPF) Value Scheme - BEA Stable Fund (10 Years) 東亞（ 積金）享 惠計劃 －東亞平穩基金（10年）

- Hong Kong Economic Journal & LSEG《信報財經新聞》及LSEG

東亞銀行有限公司2025 年報 19

聯席行政總裁報告書（續）

BEA Union Investment Management Limited

東亞聯豐投資管理有限公司

Best of the Best Award 2025 2025年最佳資 產管理大獎 Professional Investment Awards 2025 2025年度專業 投資大獎 2025 Hong Kong House Awards 2025年度基金 公司大獎

Asian Bonds (3 Years) 亞洲債券（3年）

- Asia Asset Management《亞洲資產管理》

Performance Awards - Global Aggregate Bonds (10 Years) 投資表現大獎 － 全球綜合債券（10年 ）

Performance Awards - Asian Bonds (10 Years) 投資表現大獎 － 亞洲債券（10年）

Performance Awards - Global Equity (3 Years & 10 Years) 投資表現大獎 － 全球股票（3年及10年 ）

• Investment Insights & Mandates 投資洞見與委託

  Fixed Income House of the Year 年度固定收益基金公司大獎

• Fund Selector Asia Fund Selector Asia

Business Review

Economic Review and Outlook

In 2025, the global economy proved more resilient than initially anticipated. Although global trade patterns were disrupted by uncertainty over tariffs, these uncertainties gradually eased in the second half amid bilateral trade deals, development of new markets, and investment in new technology and AI. Inflation generally decelerated across most economies in 2025 compared to 2024, allowing major central banks to adopt more accommodative monetary policies. Such policies not only sustained private consumption growth but also boosted financial markets.

The economy of the Chinese Mainland remained resilient amid external pressures, anchored by solid exports, growing at 5% and meeting the government's annual growth target. Proactive policy measures, including targeted subsidies, supported household spending. However, the property sector remained pressured.

In Hong Kong, the economic recovery became more broad-based with improvements in retail sales and private consumption. The residential property market also showed signs of a turnaround, backed by lower interest rates, improved sentiment, strong rental demand, and a rebound in transactions. Financial markets were largely buoyant, with rising stock valuations and robust IPO activity despite global headwinds. Exports experienced double-digit growth, while inbound tourism supported the retail sector. Overall, the city regained its footing as a trade and financial hub, with GDP growing by a solid 3.5% in 2025.

In 2026, global economic growth is expected to remain moderate. The boost from front-loaded trade - as trading partners attempted to avoid tariffs - will fade, and relatively elevated tariff rates and other trade barriers may continue to disrupt investments and supply chains. Major central banks are likely to maintain accommodative monetary policies, and the US Federal Reserve is likely to implement additional rate cuts. While AI investments could lead to productivity gains, their impact on the labour market remains highly uncertain.

The Chinese Mainland is expected to maintain steady growth, with policy support to promote high-tech development and boost domestic consumption. Meanwhile, the Chinese Mainland's comprehensive and resilient supply chains will continue to enhance its export competitiveness. There is still room for further monetary easing, but the pace and magnitude of easing is likely to be moderate.

Hong Kong's economy is expected to recover further, with solid growth in 2026 supported by financial markets, trade, tourism, and consumption. Hong Kong will continue to play a key role as a hub for offshore RMB and cross-boundary capital flows, while positive spillover effects from the Chinese Mainland's macro policies will also support growth. Interest rate cuts may spur positive sentiment in investment properties.

Business - Hong Kong

The Bank's Hong Kong operations recorded a profit before tax of HK$3,332 million, a decline of 11.9% compared to the previous year.

Weakness in CRE continued to impact asset quality, exerting pressure on property valuations. Impairment losses on financial instruments increased by 3.2% to HK$3,891 million. During the period under review, our Hong Kong investment property portfolio recorded a valuation mark-down of HK$696 million.

During the year, NIM fell by 14 basis points year-on-year. We focused our efforts on driving fee-generating activities, which delivered a 34.6% increase in non-interest income and fully offset the 5.2% drop in net interest income. As a result, operating income rose by 4.1% to HK$13,666 million.

We remained disciplined on costs, which rose by 5.9%. Our digitalisation and transformation projects have yielded accelerating efficiency gains, which have been strategically reinvested into talent and technology to sharpen our competitiveness and sustain growth.

The three online platforms we have considerably invested in over the past two years are contributing positively to the growth of fee and commission income. In particular, our new digital trading platform, BEA SmarTrade, which powers the seamless trading of Hong Kong and US stocks as well as Mainland A-shares, doubled the Bank's total online stock trading revenue.

業務回顧

經濟回顧與展望

2025 年，全球經濟表現比預期

韌。雖然全球貿易格局受到關稅政策的不確定性影響，但隨著雙邊貿易協議逐步達成，加上不斷開拓新市場，以及增加對新科技和人工智能的投資，這些不確定性在下半年逐漸緩解。與2024 年相比，大多數經濟體的通脹於2025年放緩，令主要央行得以推行更寬鬆的貨幣政策。這些政策不僅令個人消費保持增長，更推動金融市場上升。

由於出口表現平穩，中國內地 經濟在外部壓力下保持

韌，全年增長5%，達到了政 府設定的目標。定向補貼等積極政策措施帶動了家庭消費。然而，房地產行業仍受壓。

香港經濟復甦的基礎更趨廣泛 ，零售銷售和個人消費均見好轉。在利率下調、市場氣氛轉佳、租賃需求勁及市場成交量回升的帶動下，住宅物業市場亦呈現回暖跡象。儘管全球經濟形勢仍具挑戰，但金融市場大體保持興旺，股票估值上揚，新股上市活動亦十分活躍。出口實現雙位數增長，訪港旅遊業帶動了零售業。總體而言，香港作為貿易及金融樞紐的地位得以鞏固，2025 年本地生產總值穩健增長3.5%。

2026 年，全球經濟預計將保持 溫和增長。去年，各貿易夥伴為規避關稅而提前完成進出口，有關的推動力今年將會消退，加上關稅稅率維持相對高位，以及存在其他貿易壁壘，可能持續阻礙投資和干擾供應鏈。主要央行料將維持寬鬆貨幣政策，美聯儲可能進一步減息。儘管在人工智能方面的投資可望提升生產力，但其對就業市場的影響仍存在很大不確定性。

中國內地預期將保持平穩增長 ，政策將繼續支持高科技發展與促進內需。同時，內地全面且

韌的供應鏈將持續增 出口競爭力。貨幣政策仍有進一步寬鬆空間，但步伐和幅度可能較為溫和。

香港經濟預計將進一步復甦， 在金融市場、貿易、旅遊和消費的帶動下，於2026 年可望穩步增長。香港繼續擔當離岸人民幣中心和跨境資金流動樞紐的重要角色，並得益於內地宏觀政策的正向溢出效應。利率下調亦可提振投資物業市場的氣氛。

香港業務

本行香港業務錄得除稅前溢利 港幣33.32 億元，較去年下跌11.9%。

商業房地產市場疲弱，繼續影 響資產質素，並對物業估值造成壓力。金融工具之減值損失上升3.2% 至港

幣38.91 億元。於回顧期內，本 行的香港投資物業組合亦錄得港幣6.96 億元的估值下調。

年內，淨息差按年下降14 個基 點。本行聚焦加

帶來服務費及佣金收入的業務，成功帶動非利息收入增長 34.6%，完全抵銷淨利息收入的5.2%跌幅。經營收入因而上升4.1%，至港幣136.66 億元。

年內，經營支出上升5.9% 。本 行持續嚴格控制成本，並透過數碼化及轉型項目，不斷提升營運效率，而當中所產生的效益，亦被策略性地投放於人才培養及科技發展，以進一步增

競爭力及推動業務增長。

過去兩年，本行重點投資打造 的三大數碼平台，對服務費及佣金收入的增長作出了顯著的貢獻。當中，全新數碼交易平台－ 東亞投資通－ 支持港股、美股及內地A股無縫交易，帶動本行網上證券交易渠道錄得的總收入按年倍增。

At the back end, we continued to centralise our mid-to back-office tasks to the BEA Global Services Centre ("GSC") and stepped up the digitalisation of these processes. These efforts have enabled network-wide workflow alignment across different regions within a single location, facilitating broader AI adoption to uplift productivity.

Looking ahead, asset quality remains a major focus. Having recognised write-downs and reduced exposure to CRE in 2025 and prior years, we believe the situation will stabilise in 2026. Interest rate cuts, good residential sales and improved market sentiment should provide short-term liquidity and debt serviceability relief to borrowers. We will remain vigilant in monitoring the portfolio.

Management's priorities, alongside stabilising asset quality, will focus on diversifying the bank's asset base and revenue streams, driving efficiency through AI and technology, and building a future-ready workforce.

Retail Banking

The Bank's retail operations demonstrated resilient performance, with 25.5% growth in non-interest income, largely alleviating pressure on net interest income. Overall, net profit remained flat year-on-year.

A key driver of this resilience was strong momentum in retail wealth throughout the year, which grew at an impressive rate of 38.2% and significantly bolstered non-interest income. Securities trading, fixed income and structured products were strong contributors. These gains were underpinned by strategic initiatives, including enriched product offerings and upgraded digital channels.

Bancassurance remained a major source of commission income. Our strong partnership with AIA once again delivered robust results in 2025. The Bank achieved 29.5% growth in annualised new premiums, reaching a record high and further solidifying its position as AIA's major bancassurance partner in the region.

Meanwhile, customer acquisition across various segments saw healthy growth. Notably, SupremeGold Private accounts rose by 30.4%, highlighting our increasing appeal to affluent retail customers. Additionally, our franchise continues to resonate strongly with Mainland clients, as evidenced by the robust double-digit increase in our southbound cross-boundary client base, asset under management ("AUM"), and revenue. Further enhancing our offering, the launch of a multi-currency debit card in 2025 provides customers with greater convenience for overseas spending while strengthening the Bank's competitive edge in an evolving global payments landscape.

We remain fully committed to the eMPF initiative aimed at centralising and automating scheme administration. Following the successful transition of our BEA (MPF) Value Scheme to the eMPF platform in 2024, the Bank's Master Trust Scheme joined in March 2025, with the Industry Scheme migration set for completion by the second quarter of 2026.

To accelerate our wealth management business -our key growth driver - we are expanding our sales force, enhancing our investment product platform, and leveraging partnerships with Chinese Mainland banks to broaden customer acquisition channels. With our long-established network in the region, the Bank is poised to capitalise on opportunities arising from greater mobility of people and deeper integration with the GBA.

Joey Yung starred in our SupremeGold and SupremeGold Private campaign, "Don't just be rich, be wealthy".

容祖兒擔任顯卓理財和顯卓私人理財新一 輪推廣活動「Don't just be rich, be wealthy」的主角。

The BEA Mastercard Debit Card was launched in October, supporting 11 major currencies and offering 24/7 real-time foreign exchange with zero transaction and handling fees.

東亞銀行於10月推出萬事 達卡扣賬卡，支援全球11種主要貨幣，提供24/7實時外幣兌換，以及交易手續費優惠。

後台方面，本行持續將中後台 工序整合至東亞環球商業服務中心，並加快數碼化進程。此舉有助本行將各地區後勤工作集中在單一地點統一處理流程，方便人工智能大規模應用，從而提高整體生產力。

展望未來，資產質素仍是本行 關注的焦點。本行已於

2025 年及過往年度持續縮減對商業房地產行業的貸

款敞口，並作出減值撥備， 預期相關情況將於2026 年趨於穩定。隨著息口下降、住宅銷售表現理想及市場氣氛有所改善，將有助緩解借款人短期資金周轉及償還債務方面的壓力。我們將繼續以審慎態度，嚴格監控有關貸款組合。

在穩定資產質素的同時，管理 層將致力推動本行資產及收入來源多元化，運用人工智能及科技提升效率，並打造一支具備應對未來挑戰能力的專業團隊。

零售銀行

本行零售銀行業務表現穩健 ，非利息收入增長 25.5%，大幅紓緩淨利息收入下行的壓力。整體而言，全年淨溢利按年大致持平。

本行銳意優化產品組合及數碼 渠道，帶動零售財富管理業務勢頭

勁，按年錄得38.2% 的顯著升幅，大大提高零售銀行的非利息收入。其中，證券交易、固定收益及結構性產品的銷售，尤為突出。

銀行保險業務仍然是零售銀行 佣金收入的主要來源。我們與友邦保險緊密合作，於2025 年再次取得豐碩成果，新造年度化保費增長29.5%，創歷史新高，進一步鞏固本行作為友邦保險區內主要銀行保險合作夥伴的地位。

此外，各業務分層在吸納新客 戶方面表現理想。顯卓私人理財客戶顯著增長30.4%，反映本行對高淨值零售客戶的吸引力不斷上升。同時，南向跨境客戶人數、管理資產及相關收入均錄得

勁雙位數增長，足證本行的品牌持續深受中國內地客戶認可。為豐富產品組合，我們於年內推出多貨幣扣賬卡，為客戶帶來更靈活便捷的海外消費體驗，確保本行在瞬息萬變的全球支付市場中保持競爭優勢。

本行繼續全力支持積金易計劃 的實施，全面實現

積金計劃行政工作一站式及自動化處理。繼東亞（ 積金）享惠計劃於2024 年成功轉移至積金易平台後，本行的集成信託計劃亦於2025 年3 月加入，而行業計劃的轉移則預定於2026 年第二季度完成。

財富管理業務是本行的主要 增長引擎，為加快其發展，本行正擴充銷售團隊、優化投資產品平台，並善用與中國內地銀行的合作優勢，全方位拓展吸納新客戶的渠道。憑藉於區內長期建立的分行網絡，本行積極把握人員往來日益頻繁及與大灣區深度融合所帶來的多重發展機遇。

The annual BEA Economic and Market Outlook seminar gathered experts to discuss some of the market's hottest topics.

東亞銀行舉辦經濟及市場展望研討會，邀請專家討論市場的熱點議題。

Wholesale Banking

2025 proved to be another challenging year for Wholesale Banking, as additional impairments on Chinese Mainland and Hong Kong CRE accounts weighed on performance.

Wholesale Banking maintained stable operating income, with a 3.6% growth recorded. Costs were 5.1% lower, reflecting the results of streamlining client relationship management and the active adoption of AI tools to improve efficiency.

Loan balances recorded low single-digit growth amid subdued credit demand and our sustained efforts to de-risk the CRE loan portfolio. Meanwhile, exposure to non-CRE sectors, such as aviation, commodity trading, telecommunication services and utilities increased notably, demonstrating our strategic focus on diversifying our asset base.

Despite the ongoing challenges, the Bank continued to pursue its strategy and deliver solid results. Through the acquisition of more operating accounts, we achieved over 32% year-on-year increase in average current account and savings account ("CASA") balances, helping to offset the impact of NIM contraction. Fee- and commission-generating businesses such as treasury, insurance, as well as payment and cash management, also recorded substantial growth.

Under our OneBank strategy, we have been working closely with our counterparts in BEA China to capture cross-boundary lending opportunities. We bundled currency and interest rate hedging solutions with loan deals to help customers manage these risks while generating both interest and fee income for the Bank. With the accelerating trend of Chinese Mainland enterprises seeking overseas expansion, BEA will collaborate with the Government's GoGlobal Task Force and various industry platforms to provide support to these corporates as they expand abroad.

Locally, we remain committed to supporting small and medium-sized enterprises ("SMEs"), providing a full suite of banking services to this important pillar of our economy. Our flagship SME loan products were well received, reporting more than a twofold increase in both the number of applications and loans outstanding.

During the year, we completed the full customer migration to BEA Corporate Online, our revamped digital platform for business clients. The new platform, with its enhanced functionality, has improved the user experience and uplifted the division's digital revenue by 72%. Relationship-based corporate clients value our in-person services alongside enhanced digital channels.

Our Quarry Bay and Shek Tong Tsui branches were designed with a "Human-centred Modernism" philosophy, with ample seating and green features to create a modern and welcoming space for our customers.

本行鰂魚涌和石塘咀分行的設計 ，揉合以人為本的現代美學，提供充足的座位和綠色元素，為客戶帶來富現代感的空間。

批發銀行

2025 年對批發銀行業務而言，仍然充滿挑戰，就中國內地及香港商業房地產貸款所增加的減值撥備，對業績構成壓力。

儘管如此，本年批發銀行的經 營收入保持穩定，溫和上升3.6%。年內，本行致力精簡客戶關係管理流程及積極採用人工智能工具，以提升工作效率，令成本下降5.1%。

儘管信貸需求疲弱，加上本行 持續減低商業房地產貸款組合風險，貸款餘額按年仍錄得低單位數升幅。其中，本行對航空、大宗商品、電訊及公用事業等非商業房地產行業的貸款敞口顯著增加，凸顯本行推動資產多元化的策略。

面對種種挑戰，本行仍堅持落 實既定策略並取得堅實成果。透過吸納更多營運戶口，批發銀行的平均往來及儲蓄存款結餘按年增加逾32%，有助抵銷淨息差收窄的影響。此外，由財資、保險、支付及現金管理等業務所產生的服務費及佣金收入，亦錄得可觀增長。

在OneBank 策略下，香港與東亞 中國的團隊緊密合作，充分把握跨境貸款業務機遇。本行在貸款交易中提供貨幣及利率對沖方案，一方面協助客戶管理相關風險，同時亦為銀行帶來利息及服務費收入。隨著尋求海外擴張的中國內地企業不斷增加，本行將與政府的內地企業出海專班和其他業界平台攜手，為出海企業提供支援。

本地方面，本行繼續竭力支持 中小企，為這重要經濟支柱提供全方位的銀行服務。本行的旗艦中小企貸款產品廣受歡迎，貸款申請宗數及貸款餘額均增加超過一倍。

年內，本行完成將全部用戶轉 移至全新升級的企業客戶數碼平台－「東亞企業網上銀行」。新平台功能更完善，提升了用戶體驗，並帶動批發銀行的數碼收入上升72%。以關係為重的企業客戶，對我們線上線下融合的服務模式，高度認可。

Wealth Management

Private Banking delivered strong results in 2025, underpinned by a resurgence in investor optimism and the revitalisation of Hong Kong as a leading global IPO market. As interest rates began to trend downward, clients proactively moved capital out of fixed deposits into higher-yielding investments to optimise portfolio returns.

Private Banking delivered more than 20% increase in operating income, fueled by a dual expansion in our client base and total AUM. Non-interest income was particularly strong, rising by more than 40% as demand for equity and FX-linked structured products surged.

To capitalise on this momentum, we focused on increasing our service capacity, diversifying our product suite, and modernising our platform. A critical component of this effort was the nearly 15% increase in our frontline sales force, which directly contributed to the addition of new high-net-worth individuals and fresh AUM. Over half of these new relationships originated from the Chinese Mainland, highlighting the critical value of our expansive Mainland network and integrated OneBank collaboration within the BEA Group.

Our Discretionary Portfolio Management platform also reached a significant milestone in 2025. By leveraging a digitally enabled product and solutions suite, we enhanced our ability to provide highly customised investment strategies at scale. The integration of AI has not only allowed us to better meet evolving client needs, but it has also drastically reduced client onboarding times by automating complex workflows.

Furthermore, we strengthened our holistic wealth proposition by integrating insurance and trust services into our core solution offerings. This unified approach ensures that we support our clients through every stage of their wealth journey - from accumulation and preservation to the seamless transfer of assets to the next generation, whom we view as a vital driver of our future growth.

The outlook for wealth business remains bright as the GBA continues to generate significant new private capital. Hong Kong's unique status as a financial gateway, coupled with supportive government initiatives like the enhanced cross-boundary connection schemes, provides a robust foundation for our continued business growth.

Business - Chinese Mainland

The Chinese Mainland recorded a 5.0% increase in GDP in 2025. Exports reached a new high, despite trade tensions with the US. Investments in AI, automation, and technology are transforming the economy and setting the foundation for future growth. Meanwhile, the local property sector continued to face challenges.

Amid a complex economic landscape, BEA's Chinese Mainland banking operations demonstrated resilience despite a year-on-year decline of 2.5% in total operating income. This decrease was primarily attributable to the prolonged low-interest rate environment and intense competition, resulting in an 8.1% drop in net interest income to HK$3,522 million. However, this decline was largely offset by robust growth in non-interest income, which rose by 14.9% to HK$1,425 million, boosted by strong performances in fee-based businesses, including trade finance, syndicated loans, treasury operations, and wealth management.

Operating expenses dropped by 4.2% to HK$3,148 million, following the implementation of effective cost-control measures and capture of the efficiencies delivered by the Bank's digital transformation and automation initiatives.

Ongoing pressures in the property market were reflected in the rise of the impaired loan ratio to 3.36% with further downgrades of property-related exposures. Nevertheless, overall impairment losses on financial instruments declined by 8.7% to HK$1,422 million.

In all, the net profit for the Chinese Mainland banking operations was HK$255 million, up 45.2%.

Total loans and advances increased by 2.5% to HK$150,544 million, as BEA China took a prudent approach to portfolio management and prioritised lending to strategic industries aligned with national policies. Meanwhile, deposits increased by 17.8% to HK$194,628 million with the share of CASA deposits expanding by 8.6 percentage points, which improved the funding mix.

財富管理

2025 年，香港重登全球新股上市市場榜首，投資者樂觀情緒升溫，助力本行私人銀行錄得亮麗業績。隨著利率開始回落，客戶亦積極調整投資策略，將資金從定期存款轉投更高收益的投資產品，以提升整體組合回報。

私人銀行的客戶數目及管理資 產雙雙增長，推動經營收入顯著上升逾兩成。股票及匯率掛鈎結構性產品的需求飆升，令非利息收入錄得超過四成的可觀增幅。

為把握良好的增長勢頭，本行 致力提升服務能力，豐富產品組合並優化服務平台。年內，本行增聘近15%私人銀行銷售團隊，成功吸納全新的高淨值客戶及管理資產。其中，逾半數新客戶來自中國內地，彰顯我們內地龐大的分行網絡，以及集團各單位在OneBank理念下緊密協作所帶來的顯著價值。

本行的委託投資組合管理平 台在2025 年亦迎來了重要的里程碑。我們藉著數碼化的產品及方案平台，加

了本行為客戶度身訂造投資 策略的能力；另一方面透過人工智能科技的應用，我們不僅能夠精準地滿足客戶不斷變化的需求，更同時將繁瑣流程自動化，大幅縮短客戶開戶所需的時間。

此外，本行已將保險及信託 融合至核心財富管理方案，為客戶提供更全面的財富策劃，確保我們在客戶財富週期的不同階段－ 從積累、保值增值，到順利將財富傳承給下一代－ 提供全方位支持。而客戶的第二代正是驅動本行未來業務增長的重要動力。

展望未來，隨着大灣區內的私 人財富持續累積，香港作為區內金融樞紐的獨特優勢，以及政府的各項利好政策－ 如不斷優化的跨境互聯互通計劃，將為我們的業務增長奠定穩固的根基。

中國內地業務

2025 年，中國內地經濟增長5.0%。 儘管與美國的貿易關係持續緊張，但整體出口額仍創新高。在人工智能、自動化及科技領域的投資正推動著經濟轉型，並為未來經濟增長奠定基礎。然而，內地房地產行業依然面對挑戰。

在如此複雜的經濟環境中， 東亞銀行的中國內地業務依然展現出

大的韌性。經營收入總額按年下跌 2.5%，主要由於利率持續低企及市場競爭激烈，淨利息收入下跌8.1%，至港幣35.22 億元，惟非利息收入大幅增長14.9%至港幣14.25 億元，大致抵銷了相關影響。貿易融資、銀團貸款、資金業務及財富管理等服務收費業務表現 勁，成為主要增長動力。

由於本行實施有效的成本控 制措施，加上數碼化轉型及自動化方面的措施顯現成效， 經營支出下跌 4.2%，至港幣31.48 億元。

內地房地產市場持續受壓，令 更多與房地產相關的敞口需要降級，減值貸款比率上升至3.36%。然而，整體的金融工具減值損失減少8.7%，至港幣14.22億元。

東亞銀行中國內地業務的淨溢 利為港幣2.55 億元，上升45.2%。

貸款總額上升2.5%，至港幣1,505.44 億元。東亞中國採取審慎的貸款組合管理策略，優先對符合國家政策的策略性行業提供貸款。同時，存款上升17.8%，至港幣1,946.28 億元，往來及儲蓄存款的佔比上升 8.6 個百分點，改善了資金來源組合。

The wholesale banking segment delivered robust growth, with non-interest income rising by 21.9% year-on-year. The improvement was driven by BEA China's strength in syndicated loan origination and increased treasury sales. BEA China played a pivotal role in the establishment of the GBA Cross-boundary Mergers and Acquisitions Alliance in August 2025, which strengthens our ability to support corporates pursuing overseas acquisitions and investment opportunities.

Trade finance fee income grew by 55.0% year-on-year, remaining a steadfast contributor to transaction banking revenue. Complementing this growth, BEA China launched an innovative digital supply chain platform during the year, offering customers faster access to online supply chain financing solutions.

BEA China continued to diversify its loan portfolio with the proportion of non-property-related loans rising to 86%. Reflecting its commitment to climate change mitigation, the Bank expanded its green and sustainable finance ("GSF") portfolio, which accounted for 18.0% of its total wholesale banking portfolio at year-end.

In personal banking, BEA China achieved promising results. Wealth management services were successfully expanded to additional cities, including Shenyang, Dalian, and Xi'an. Our strategic focus on affluent customers led to robust growth in both the affluent client base and AUM. This boosted non-interest income, which was up by 10.8% year-on-year. Additionally, low-cost deposits grew substantially, supported by stronger wealth management sales and frontline capabilities.

The launch of the Group's GSC in March 2025 was a key milestone, aimed at accelerating operational transformation and improving efficiency. BEA China's continued investments in digital technology and AI boosted its service delivery and operational capacity during the year. These efforts earned the Bank multiple Fintech accolades, including national-level recognition from the People's Bank of China.

As at the end of 2025, BEA China maintained a strong network across the Chinese Mainland, with 29 branches and 30 sub-branches spanning 38 cities, including 20 outlets within the GBA. Further solidifying its commitment to the development of the GBA, BEA China opened the Shenzhen Futian Sub-Branch, with the Group's refreshed branding, as a flagship outlet to capture opportunities in the region.

Looking ahead, as the Chinese Mainland embarks on its 15th Five-Year Plan, BEA China is well-positioned to advance the country's strategic priorities. Leveraging its expertise and deep roots, the Bank will focus on sustainable growth and reinforcing its role in one of the world's most dynamic economies.

BEA China at the GBA Cross-boundary Mergers and Acquisition Alliance launch ceremony.

東亞中國參與灣區跨境併購聯盟的揭牌儀式 。

The official inauguration of GSC marked a major milestone in the Bank's transformation journey.

東亞環球商業服務中心正式啟用，標誌著本行的轉型 之放邁向新里程。

憑藉東亞中國在牽頭籌組銀團 貸款的優勢，以及財資產品銷售的推動，批發銀行業務錄得穩健增長，非利息收入按年上升21.9%。東亞中國在2025 年8 月成立的灣區跨境併購聯盟中扮演核心角色，有助提升本行的服務能力，以支持在海外尋求併購及投資機會的企業。

貿易融資服務費收入上升55.0%， 繼續成為交易銀行收入的穩健來源。配合這方面的增長，東亞中國於年內推出數碼供應鏈平台，為客戶提供更便捷的網上供應鏈金融方案。

東亞中國持續分散貸款組合， 非房地產相關貸款佔比提升至86%。為致力緩和氣候變化，本行擴展了綠色及可持續貸款組合，於年底佔批發銀行業務的貸款比例達18.0%。

個人銀行方面，東亞中國取得 了顯著的成績，年內成功把財富管理業務開拓至瀋陽、大連和西安等城市。我們以高淨值客戶為策略目標，帶動高淨值客戶基礎及管理資產規模顯著增長，非利息收入按年上升 10.8%。財富管理銷售增長，加上前線人員的服務能力提升，亦令低成本存款大幅增加。

東亞環球商業服務中心於2025 年3 月啟動，是加快營運轉型及提升營運效率的重要里程碑。年內，東亞中國持續投資於數碼科技及人工智能，提升了服務及營運能力。這些努力使本行榮獲多項金融科技殊榮，包括在國家層面獲得中國人民銀行的認可。

截至2025 年底，東亞中國在內地擁有龐大 的服務網

絡，設有29 間分行及30 間支行，遍布38 個城市，包括大灣區的20 個網點。為進一步貫徹推動大灣區建設的承諾，東亞中國以集團煥新的品牌形象開設深圳福田支行，作為大灣區的旗艦網點，把握區內的發展機遇。

展望未來，隨着中國內地開始 實施「十五五」規劃，東亞中國已因應國家的策略重點做好準備。憑藉專業知識及深厚根基，本行將專注於可持續增長，進一步鞏固其在中國內地這全球最具活力經濟體之一的地位。

The official opening of BEA China's Futian flagship in October expanded the Group's network in Shenzhen and reinforced our commitment to enhancing cross-boundary financial services.

東亞中國福田旗艦行於10月正式開幕，進一步拓展本集團在深圳的網絡，實踐我們不斷提升跨境金融服 務的承諾。

Business - Overseas, Macau, and Taiwan

In 2025, the Bank's overseas, Macau, and Taiwan operations navigated heightened economic uncertainties effectively despite challenges posed by evolving policy landscapes and elevated geopolitical tensions.

During the period under review, net interest income decreased by 8.2% year-on-year to HK$2,420 million. The decline stemmed primarily from a 22 basis point compression in NIM. The Bank's portfolio diversification strategy led to reduced CRE exposure in favour of investment-grade and large corporate clients across a wide range of industries, which generally entail lower yields. Additionally, lower returns on reserve deposits and treasury securities held with central banks contributed to the decline in interest income.

Meanwhile, net fee and commission income rose by 14.7% to HK$127 million, boosted by higher loan fees.

PPOP fell by 11.0% to HK$1,774 million. Operating expenses recorded a modest increase of 2.1%, driven by higher investments in technology. Despite this, the cost-to-income ratio remained healthy at 32.0%.

Net profit after tax declined by 21.7% to HK$1,095 million as expected credit losses ("ECL") rose to HK$330 million, compared to HK$172 million in the same period last year. The increase was primarily due to credit downgrades on certain CRE and hotel exposures in the US and UK. Despite the rise in ECL, the impaired loan ratio improved to 1.07% from 1.13% at the end of 2024.

The Bank's US and UK operations continued to evolve with a focus on portfolio diversification and risk management. During the year, UK operations expanded their geographical reach into the Middle East, selectively participating in syndicated financing with borrowers supported by sovereign wealth funds.

Singapore Branch strengthened customer engagement in targeted ASEAN countries while navigating challenges posed by US-China tensions and evolving US policies. The branch achieved significant growth in income from trade finance and treasury services as it seized opportunities in regional supply-chain and cash management services.

Macau Branch continued to leverage cross-boundary business prospects in the GBA. Meanwhile, Taiwan Branch fostered relationships with leading local corporates expanding into the Chinese Mainland and ASEAN markets, further reinforcing the Bank's regional connectivity.

The OneBank initiative remains a cornerstone of the Group's strategy, fostering closer collaboration across overseas, Macau, and Taiwan branches, as well as other business units within the Bank. This approach has not only enhanced cross-selling opportunities but also broadened product coverage and increased share of wallet in priority sectors.

Looking ahead, the Bank's overseas, Macau, and Taiwan operations will maintain a steadfast focus on proactive portfolio management to safeguard asset quality, while prioritising agility in responding to policy shifts, optimising returns on risk-weighted assets, and upholding strict cost discipline. The Group remains dedicated to advancing digital transformation and automation, and exploring opportunities to transition select processes to GSC. These efforts aim to enhance customer service quality and boost operational resilience.

BEA Union Investment Management Limited

BEA Union Investment Management Limited ("BEA Union") enjoyed resilient performance amid an increasingly complex global investment landscape in 2025. It celebrated its 18th anniversary as a trusted fund manager, helping clients navigate challenges and delivering sustainable growth.

BEA Union commemorated this milestone by unveiling a refreshed brand identity - Opportunity in partnership - which reflects its dedication to fostering collaboration and unlocking opportunities. By combining global expertise with deep local-market insights, BEA Union creates bespoke solutions for its clients across equities, fixed-income, and multi-asset strategies.

國際、澳門及台灣業務

2025 年，政策環境不斷變化，地緣政治緊張升溫，均增加了經濟不明朗因素。在此環境下，本行的海外、澳門及台灣業務有效地應對了這些挑戰，展現出韌性。

回顧期內，淨利息收入按年下降8.2%，至港幣24.20億元，主要由於淨息差收窄22 個基點。本行採取分散貸款組合的策略，減少商業房地產貸款業務，轉而向分布多個行業、並具有投資級別及大型的企業客戶提供貸款，然而相關貸款的收益率亦普遍較低。此外，存放於中央銀行的存款準備金及國債回報減少，亦為利息收入下跌的原因。

另一方面，服務費及佣金收入 淨額受貸款及相關服務費上升所帶動，按年增加14.7%，達港幣1.27 億元。

撥備前經營溢利下降11.0%，至 港幣17.74 億元。本行在科技方面持續投資，令經營支出溫和上升2.1%。儘管如此，成本對收入比率為32.0%，仍屬健康水平。

預期信貸損失由去年同期的 港幣1. 72 億元， 增加至港幣3.30 億元，導致除稅後淨溢利下跌21.7% 至港幣

10.95 億元。預期信貸損失上升 ，主要受美國及英國若干商業房地產及酒店貸款的信貸評級下調所致。雖然如此，整體減值貸款比率仍能由2024 年底的 1.13%，改善至1.07%。

美國及英國分行繼續優化業務 ，專注於分散貸款組合及

化風險管理。年內，英國分行拓展業務覆蓋範圍至中東地區，審慎地參與有主權財富基金支持的借款人之銀團貸款。

新加坡分行在應對中美緊張局 勢及美國政策變化的同時，與個別重點東盟國家的客戶深化關係，把握地區供應鏈及現金管理服務的機遇，令貿易融資及財資服務的相關收入錄得顯著增長。

澳門分行繼續專注於開拓大灣 區的跨境業務商機，而台灣分行則與拓展至中國內地及東盟市場的領先台灣企業加

合作，進一步鞏固本行在當地的業務連繫。

OneBank仍然是集團的策略重點 ，旨在增

海外、澳門及台灣分行與本行其他業務部門的協同合作。此舉不僅增加交叉銷售的機會，亦擴大產品覆蓋範圍，鞏固本行在重點行業市場的份額。

展望未來，本行的海外、澳門 及台灣業務將繼續積極管理貸款組合，以保障資產質素，同時靈活應對各種可能的政策調整，優化風險加權資產回報，並嚴格控制成本。集團將持續推進數碼化轉型及自動化，並探索將適用的工作流程轉至東亞環球商業服務中心處理，務求進一步提升客戶服務質素，以及增

營運韌性。

東亞聯豐投資管理有限公司

面對日益複雜的全球投資環境 ，東亞聯豐投資管理有限公司（「東亞聯豐」）於2025 年仍表現穩健。該公司於去年慶祝成立18 周年。一直以來，東亞聯豐協助客戶應對挑戰，實現可持續增長，成為客戶信賴的基金管理人。

東亞聯豐亦藉此煥新品牌形象 －「Opportunity in partnership」，象徵「與夥伴• 創機遇」，反映該公司致力促進協作、開拓機遇的決心。透過結合全球化的專業知識以及對本地市場的深入了解，東亞聯豐為客戶提供度身訂造的投資方案，涵蓋股票、固定收益及多元資產策略等。

In October, BEA and BEA Union celebrated 18 years of shared commitment and collaboration.

東亞聯豐於10月慶祝成立18周年。一直以來 ，東亞銀行與東亞聯豐緊密協作，實踐共同的承諾。

Demand from the Chinese Mainland remains robust, as investors seek diversification. BEA Union will maintain its focus on capturing growth opportunities by leveraging Hong Kong's advantage as a super-connector between the Chinese Mainland and global markets, optimising its cross-border investment channels to deliver value.

BEA Union's focus on teamwork and connectivity is the foundation of its success. As at 31 December 2025, assets under management and advisory reached US$12 billion, representing a 58.3% increase year-on-year.

Looking ahead, BEA Union will continue to enhance its investment capabilities and strengthen partnerships, with the goal of delivering long-term growth and shared success.

Our People

As at 31 December 2025, the BEA Group employed 7,669 people:

People are integral to the Bank's ability to adapt and transform, which in turn underpins our drive to develop a long-term, sustainable business. To this end, we continually invest in various initiatives to support a progressive and agile workforce that embraces and implements change.

Staff engagement is critical to management's ability to further advance the Bank's transformation agenda. The results of our 2025 employee pulse survey reaffirm that our efforts to nurture a positive organisational culture are bearing fruit, with encouragingly high scores in Sustainable Engagement (90%), Transformation (88%), and Teamwork (85%); reflecting the commitment, dedication, and collaborative spirit of our people across different units and geographical locations in the Group as we continue to grow and evolve together under OneBank. We continue to place heavy emphasis on team building, and launched various sports competitions and non-sports activities throughout the year to foster stronger connections and camaraderie among colleagues.

The BEA Divisional Cup brought colleagues together in a friendly competition to encourage teamwork and strengthen bonds both within and across divisions.

東亞銀行團體盃透過各類比賽活動，讓來自不同分處的同事發揮團隊精神，增進聯繫和情誼。

中國內地投資者尋求資產多元 化的需求依然

勁。東亞聯豐將繼續專注把握增長機遇，發揮香港作為內地與全球市場「超級聯繫人」的優勢，優化跨境投資渠道，創造價值。

東亞聯豐對團隊合作和聯動的 專注，正是該公司賴以成功的基石。截至2025 年12 月31 日，東亞聯豐的管理和諮詢資產達120 億美元，按年增長58.3%。

人才是本行推動變革和轉型的 關鍵，亦是本行銳意建立長期可持續發展業務的基石。為此，我們繼續在多方面作出投資，以建立一個積極、靈活的團隊，迎接變化和推動變革。

同事的工作熱誠、自豪感和成 就感，對管理層進一步推動本行轉型至關重要。東亞銀行2025 年員工意見調查結果再次顯示，本行在建立正面企業文化方面的

We organised 'Bring Your Kids to Work Day' in Hong Kong Head Office, BEA China, GSC, and branches in Macau, Taiwan, Singapore, and the UK. The events not only featured a range of fun-filled games that were enjoyed by all, but also inspired the next generation by creating opportunities for them to experience their parents' professional world. In addition, we encouraged staff to participate in CSR and volunteer activities, bringing meaning and purpose to their work in alignment with the Bank's commitment to serve the communities in which it operates.

We are dedicated to upholding a performance-driven culture that is based on merit and competency. To reflect this commitment, on 1 January 2025 we launched a standardised grading structure to align staff roles across the Group. This initiative will enhance workforce management and facilitate cross-border internal mobility.

We encourage staff in senior management roles to be change leaders, and we empower our staff to be drivers of our transformation initiatives, fully capable of navigating today's dynamic environment. We adopt a robust people-planning process through talent attraction

and retention, capacity building and cultural training, and HR operations modernisation. With a change mindset, we leverage the transformation agenda to create a business and work culture that is fit for the future.

Additionally, we continue to strengthen GSC's infrastructure, systems, and manpower to drive excellence, and enhance training programmes to equip staff with the expertise to maximise GSC's full potential.

A central pillar of our talent strategy is the identification and cultivation of future leaders from within. For our high-potential senior managers, the Future Leaders Accelerator Program ("FLAP") provides comprehensive development support to prepare them for succession into leadership roles with greater responsibilities. A new cohort of FLAP was onboarded in 2025, strengthening our future leadership pipeline.

"Bring Your Kids to Work Day" was organised in BEA offices across the globe, fostering connection and inspiring the next generation.

我們在全球多個辦事處舉辦「Bring Your Kids to Work Day」，加強同事間的聯繫，並為下一代帶來啟發。

我們在香港總行、東亞中國 、東亞環球商業服務中心，以及澳門、台灣、新加坡及英國分行舉辦「Bring Your Kids to Work Day」。此項活動不單設有多項充滿樂趣的遊戲，讓所有人都樂在其中，更讓下一代體驗父母的工作環境，從而啟發他們發展所長。此外，我們鼓勵員工參與企業社會責任及義工活動，為工作賦予意義和使命感，與本行致力服務所屬社區的承諾相配合。

本行致力樹立績效導向文化， 以表現和能力作為評核員工的依歸。為此，我們於2025 年1 月1 日推行標準化職級架構，統一全集團的員工職級劃分。此舉將優化人力資源管理，並促進員工在集團內部跨境流動。

我們鼓勵高級管理人員擔當變 革領袖的角色，並賦能員工推動改革，應對當前不斷轉變的環境。我們落實積極的人力資源規劃流程，包括吸引及挽留人才、提

供培訓以提升僱員能力及文化 認同，以及人力資源運作現代化等措施。本著積極求變的思維，在本行推動轉型的同時，我們藉此建立積極應對未來轉變的企業及工作文化。

此外，我們繼續加

東亞環球 商業服務中心的基建、系統和團隊，並提升相關的培訓計劃，讓員工掌握必要的技術和能力，推動東亞環球商業服務中心全面發揮潛能。

本行人才策略的核心支柱之一 ，是從集團內部發掘和培育未來領袖。本行的未來領袖培訓計劃，為具潛質的高級經理提供全面發展支援，幫助他們做好準備繼任領導職位，肩負更大的責任。本行於2025 年啟動了新一期的計劃，以增

本行的未來領袖人才庫。

The third cohort of FLAP concluded with a fun finale - building bikes for charity.

本行第三屆未來領袖培訓計劃的 學員，透過合作組裝單車共襄善舉，並為本屆課程作結。

Our Group Management Trainee Programme continued to provide invaluable experience to young recruits, with trainees undertaking five-month attachments in the Chinese Mainland and overseas branches to further deepen their OneBank perspective. Meanwhile, our Functional Trainee Programmes in divisions such as Wholesale Banking focused on equipping trainees with specialised knowledge to propel their career development. In support of our staff's continuous professional development, we have been encouraging and sponsoring staff in different specialised areas to pursue professional qualifications under the HKMA's Enhanced Competency Framework ("ECF").

In 2025, we launched a Bank-wide training series on AI and Fintech Insights, aimed at keeping staff informed about fast-moving developments in Fintech, AI, and data management. Our multi-tiered GBA Learning Accelerator Programme is empowering staff by enhancing their cross-boundary collaboration skills, and providing them with a direct pathway to the advanced GBA Elite programme.

We also launched a new 3-tiered thematic programme for staff Group-wide named "BeAgile", aimed at building an agile mindset and culture in the way we work, we lead, and we serve our customers. Working in close collaboration with subject matter experts and business lines, the programme also provides opportunities for our staff to be agile in live projects and deliver tangible outcomes.

To support the Bank's commitment to our net zero climate goals, we ran Climate Fresk Workshops conducted by our in-house certified facilitators, providing a deep dive into the impact of climate change.

As we progress on our journey, we remain devoted to building an inclusive and collaborative workplace where every employee is encouraged to share their views and strengthen their competence.

Risk Management

Approach to Risk

We recognise that a sound risk culture is the foundation of our strength. To this end, we maintain a prudent and proactive risk management framework that supports risk awareness, proper behaviour, and sound judgement in relation to risk-taking. All employees are responsible for the management of risk.

The following principles guide the Group's risk appetite and determine how its business and risks are managed. Further details on the Group's management of principal risks are set out in Note 42 of "Notes to the Financial Statements".

Risk and Return

The Group's risk appetite is used to guide its business plan. The level of return generated through business activities is in line with the risk taken and in alignment with strategic plans, business outlooks, and risk management policies, with an aim to generate sustainable earnings.

Capital Adequacy

We are committed to maintaining a sound capital position defined by regulatory and internal capital ratios after taking into account the Bank's dividend policy and the need to meet capital requirements. The Group and each of its members expect to maintain a robust capital adequacy position that supports the growth of business activities.

Posters featuring our 2024 Employees of the Year were created to promote our Bank's core values.

東亞銀行製作了一系列宣揚本行核心價值的新海報，由2024年度最佳員工擔任主角。

本行的集團見習管理人員計劃 繼續為年輕實習生提供寶貴的體驗，為他們安排為期5 個月的中國內地及海外分行實習機會，進一步

化他們的OneBank理念。同時，本行的批發銀行實習生計劃及其他實習生計劃聚焦於相關的專業知識，推動學員的事業發展。為支持員工的持續專業發展，我們鼓勵並資助不同領域的員工修讀香港金管局「銀行專業資歷架構」（「ECF」）下的課程。

2025 年，我們為全行同事推出人工智能和金融科技培訓系列，旨在幫助員工與時俱進，了解金融科技、人工智能及數據管理的快速發展。本行多層次的大灣區學習培訓計劃為員工賦能，加

他們的跨境協作能力，並為他們提供一個直接的途徑，加入更高級別的大灣區精英計劃。

我們亦為全行員工推出全新的三層主題培訓計劃

「BeAgile」，在工作、領導和服 務客戶方面，培養員工的敏捷思維及文化。該計劃亦透過與相關領域的專才及業務部門緊密合作，讓員工有機會將敏捷思維應用於實際項目，並帶來實質成果。

為配合本行對淨零氣候目標的 承諾，我們舉辦氣候拼圖工作坊，由本行內部獲認證的同事擔任導師，幫助員工深入了解氣候變化的影響。

隨著我們在轉型旅程上不斷向 前邁進，我們將繼續致力建立一個包容和促進協作的工作空間，鼓勵每位員工發表意見和提升才能。

風險管理

風險管理方針

本行深明維持業務穩健之道， 在於擁有健全的風險管理文化。為此，我們致力維持一套審慎且積極主動的風險管理架構，務求令本集團在承擔風險的同時，能提高風險意識，採取適當的行為及作出合理判斷。本集團全體員工均有責任管理風險。

本集團制定了下列原則，為風 險偏好提供指引，並確立管理業務及風險的方式。有關本集團主要風險管理的進一步詳情載於「財務報表附註」內的附註42。

風險及回報

本集團的風險偏好為其業務計 劃提供指引。透過業務活動獲得的回報，與所承擔的風險相符，且能配合本集團的策略計劃、業務展望及風險管理政策，以產生可持續盈利。

資本充足

考慮到本行的派息政策，以及 需要滿足資本要求，我們致力維持穩健的資本狀況，以符合監管規定以及內部資本比率要求。本集團及其各成員公司預期可維持穩健的資本充足狀況，支持業務發展。

Climate Fresk Workshops explored actionable insights into how we could contribute to a sustainable tomorrow.

同事們透過氣候拼圖工作坊，探討如何為可持續的未來作出貢獻。

Liquidity & Funding Management

We are committed to having sufficient funds to continue business and operations under crisis scenarios on a Group basis, with the ability to meet all obligations as they come due.

Regulatory Compliance

We strive to deliver fair treatment to customers and ensures that operations are conducted with integrity and in compliance with all applicable legal and regulatory requirements. The Group will not tolerate negative conduct risk outcomes that go against the spirit of the law and regulatory requirements, and is committed to developing and promoting a sound corporate culture and incentivising proper staff behaviour.

Operational Resilience

We are committed to being operationally resilient and maintaining critical operations through disruptions under severe but plausible scenarios including pandemics, cyber incidents, technology failures, and natural disasters.

Cybersecurity

We strive to adapt to the rapid pace of technological change to improve the Bank's services for clients and enhance customer experience, and are committed to continually strengthening cybersecurity capabilities including identification, prevention, detection, and response to address the ever-evolving cyber threat landscape and protect our critical information assets and systems from external malicious attacks.

Reputation

Any preventable events that could materially damage the Group's reputation will not be tolerated. Through an established reputation risk management process, we proactively identify and tackle potential threats, as well as minimise the impact of any risk events.

ESG Risks Including Climate Risk

We recognise the importance of sustainability to long-term business success and therefore consider environmental and social concerns when extending financing to customers, making investments, and conducting operations. This strategic direction guides the Group towards supporting companies and projects that positively impact the environment and society, while complying with local regulations and standards of governance. We are committed to managing and mitigating environmental, social, and governance risks, including climate risk, in a manner that is strategically aligned with our Sustainability Vision and Mission Statements, and reducing carbon emissions in the Group's business and operations.

Model Risk

We are committed to maintaining good model quality while embracing the adoption of AI models to enhance the Group's operations and performance. We ensure that all of the Group's models are implemented under controlled conditions, incorporating certain level of human-in-the-loop oversight.

Risk Management Framework

We have established a robust risk governance and management framework that ensures appropriate oversight of, and accountability for, the effective management of risk.

This framework enables the Board and Senior Management to administer risk management-related responsibilities with appropriate delegation and checks and balances.

The key aspects of the framework, principal risks, and principal uncertainties are outlined below.