BOCOM INTL (03329) and BANKCOMM have entered into an administrative and non-administrative functional support service sharing framework agreement.

BOCOM INTL (03329) announced on February 3, 2026, that the company has entered into an administrative and non-administrative functional support service sharing framework agreement with BANKCOMM. According to this agreement, the BANKCOMM Group has agreed to provide administrative and non-administrative functional support services to the company. The administrative and non-administrative functional support service sharing framework agreement must be approved by independent shareholders in accordance with applicable listing rules. The transactions and related proposed annual limits under the administrative and non-administrative functional support service sharing framework agreement will be effective from the date of approval until December 31, 2028 (including the first and last day), with an automatic renewal for the following three years, subject to compliance with the applicable listing rules at that time. The transactions planned under the administrative and non-administrative functional support service sharing framework agreement will allow the company to improve its overall operational efficiency and cost effectiveness with the resources of the BANKCOMM Group. By integrating several administrative and non-administrative support functions, the company can reduce resource duplication and lower fixed investments in infrastructure, systems, and personnel, thereby achieving economies of scale and reducing operating costs.