Yuexiu Property schedules 15 Jun 2026 AGM; seeks 20% share-issue mandate, 10% buy-back approval and director re-elections

Yuexiu Property Company Limited will hold its annual general meeting (AGM) on 15 June 2026 at 10:15 a.m. at Novotel Century Hong Kong, Wanchai. Key resolutions to be tabled are as follows:

1. Capital mandates • General share-issue mandate: Directors are asking shareholders to authorise the allotment and issuance of new shares up to 20% of the company’s issued share capital, equivalent to a maximum 805.08 million shares based on the 4.03 billion shares outstanding on 19 May 2026. • Share buy-back mandate: Management is also seeking authority to repurchase up to 10% of issued shares, or 402.54 million shares. The board states it has no immediate plans to issue or repurchase shares even if mandates are approved.

2. Board composition • Executive directors Zhu Huisong and He Yuping, and independent non-executive directors (INEDs) Yu Lup Fat Joseph and Lau Hon Chuen Ambrose will retire by rotation and stand for re-election. • Both INEDs have served for more than nine years; the board confirms their continued independence after annual assessments.

3. Auditor • The board proposes the re-appointment of Ernst & Young as external auditor with an estimated audit fee of RMB4.20–4.80 million for the financial year ending 31 December 2026.

4. Administrative details • Shareholders’ register will close from 10 June 2026 to 15 June 2026, inclusive. Transfers must be lodged by 4:30 p.m. on 9 June 2026 to qualify for AGM attendance and voting. • All AGM resolutions will be decided by poll. • Proxy forms must be returned to Tricor Investor Services Limited at least 48 hours before the meeting.

As of the latest practicable date, Guangzhou Yue Xiu Holdings Limited and Guangzhou Metro Group Co., Ltd. jointly hold 66.21% of Yuexiu Property’s shares; a full 10% buy-back would raise their combined stake to approximately 73.56%. Management does not intend to exercise the mandate to a level that would trigger a mandatory takeover obligation under the Hong Kong Takeovers Code.

The board recommends shareholders vote in favour of all proposed resolutions.