Lufax Shareholders Endorse One-Year Extension of Ping An Convertible Note; All EGM Resolutions Pass with Over 95% Support

Bulletin Express10-08

Lufax Holding Ltd (LU) announced that all three ordinary resolutions presented at its Extraordinary General Meeting (EGM) on 8 October 2026 were approved by a substantial shareholder majority.

The key decision authorises an Amendment and Supplemental Agreement extending the maturity date of the outstanding Ping An Overseas Holdings Convertible Promissory Notes from 8 October 2026 to 8 October 2027. The extension received 317.45 million votes in favour (95.64%) versus 14.48 million against (4.36%).

A related mandate allowing the Board to allot and issue new shares upon conversion of the notes—conditional on Hong Kong Stock Exchange approval—passed with 317.48 million votes for (95.65%) and 14.45 million against (4.35%).

Shareholders also empowered any one Director to execute all necessary documents to effect the extension and related matters, backed by 317.46 million votes (95.64%) against 14.47 million (4.36%).

Voting base and abstentions • Total issued and outstanding shares: 1.73 billion. • Shares entitled to vote: 574.69 million, after An Ke Technology and Ping An Overseas Holdings—together holding 1.16 billion shares (66.85%)—abstained due to connected-party status. • Tricor Investor Services served as scrutineer, and all Directors attended the meeting in person or electronically.

With the resolutions approved, Lufax is positioned to defer the debt maturity by one year while preserving flexibility to issue new shares upon note conversion.

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