Swire Pacific to Seek 10% Buy-back and 20% Issuance Mandates at 14 May 2026 AGM

Swire Pacific Limited has issued a circular convening its 2026 annual general meeting (AGM) for 9:00 a.m. on 14 May 2026 at Island Shangri-La Hong Kong. Key resolutions include the renewal of share buy-back and share-issuance mandates, the adoption of updated Articles of Association and the re-election of directors.

Mandate Renewals • Buy-back: Directors are asking shareholders to renew authority to repurchase up to 10% of each class of shares in issue. Based on 19 March 2026 figures, the limit equals 77.90 million ‘A’ shares and 284.89 million ‘B’ shares. • Issuance: Directors also seek authority to allot up to 20% of issued shares, with a sub-limit of 5% for cash placings. • Both mandates will run until the earlier of (i) the 2027 AGM, (ii) the statutory deadline for holding the next AGM, or (iii) revocation by shareholders.

Directors • Independent non-executive directors Paul Etchells and Bonnie Zhang, and non-executive director Gordon McCallum, will stand for re-election. • Independent non-executive director Edith Ngan will retire and not seek re-election.

Proposed New Articles Shareholders will vote on replacing the current Articles of Association to: 1. Permit hybrid or fully virtual general meetings. 2. Align with Hong Kong’s new paperless listing regime, enabling electronic communications and distributions. 3. Incorporate the new treasury-share regime and other Companies Ordinance updates.

Other Business • The board recommends the re-appointment of PricewaterhouseCoopers as auditor. • Shareholders will consider standard resolutions on dividends, director and auditor remuneration, and other routine matters.

Shareholder Logistics • The register of members will close from 11 May to 14 May 2026 (both days inclusive). Shareholders must lodge transfers by 4:30 p.m. on 8 May 2026 to qualify for attendance and voting rights. • Proxy forms must reach Computershare Hong Kong Investor Services by 12 May 2026 at 9:00 a.m.

Share Price History Over the twelve months to March 2026, ‘A’ shares traded between HK$60.20 and HK$89.50, while ‘B’ shares ranged from HK$9.44 to HK$14.16.

The board “recommends that shareholders vote in favour of all resolutions” at the forthcoming AGM.