Seres Announces 2025 AGM Agenda: Profit Distribution, Share Mandates and Board Re-election on the Ballot

Bulletin Express03-30

Seres Group Co., Ltd. has released the proxy form for its 2025 Annual General Meeting, scheduled for 2:00 p.m. on Wednesday, 22 April 2026, at the company’s conference room on Wuyunhu Road, Shapingba District, Chongqing.

Key agenda items:

1. Ordinary business • 2025 Board Work Report—shareholders will evaluate management’s annual performance. • 2025 Profit Distribution Plan—details of the proposed dividend or reserve allocation will be presented for approval. • Re-appointment of Accounting Firms—continuity of external auditors will be put to vote. • 2026 Remuneration for Non-independent Directors—compensation levels require shareholder endorsement. • Three-year Shareholder Return Plan (2026-2028)—framework for dividends and buybacks over the next cycle. • Estimated Guarantee Amount for 2026—authorisation for intra-group guarantees.

2. Capital mandates and buybacks (special resolutions) • General mandate to issue shares—board may allot new shares within prescribed limits. • General mandate to repurchase H shares—board empowered to execute market buybacks. • Specific proposal for share repurchase via centralised price bidding.

3. Governance documents • Amendments to the Articles of Association and to the Rules of Procedures for the Board. • Revisions to the Remuneration Management System for Directors and Senior Management.

4. Board composition—cumulative voting • Election of seven non-independent directors, including Executive Director candidates Zhang Xinghai, Yin Xianzhi and Kang Bo. • Election of five independent non-executive directors, among them Li Kaiguo, Zhang Guolin and Li Ming.

Shareholders may appoint the chairman of the meeting or another proxy to vote. Proxy forms, together with any power of attorney, must reach Tricor Investor Services Limited no later than 24 hours before the meeting. Completion of a proxy form does not preclude in-person attendance and voting.

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