Swire Properties: 2026 AGM Slated for 12 May; Board Seeks 10% Buy-Back and 20% Issuance Mandates

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Swire Properties Limited will convene its 2026 annual general meeting (AGM) on Tuesday, 12 May 2026 at 9:00 a.m. in the Ballroom, Level 3, JW Marriott Hotel Hong Kong, Pacific Place, 88 Queensway. Shareholders will review the Directors’ report and the audited financial statements for the year ended 31 December 2025 and vote on several key resolutions.

Key AGM Proposals 1. Board Composition • Re-election of retiring Directors Thomas Choi, Raymond Lim and May Wu. • All resolutions will be decided by poll.

2. Auditor Appointment • Re-appointment of the existing auditors with authority for the Board to determine remuneration.

3. Share Buy-Back Mandate • Authorises on-market repurchases of up to 10% of issued shares during the mandate period, excluding treasury shares. • Mandate remains effective until the earlier of: – Conclusion of the next AGM, – Statutory deadline for holding the next AGM, or – Revocation or variation by shareholders.

4. General Issuance Mandate • Permits the Board to allot and issue shares up to 20% of the existing issued share capital, with a sub-limit of 5% for cash issues other than by rights issue or scrip dividend. • Rights issues and scrip dividends are exempt from the 5% cash limit. • Treasury shares are excluded from the issued share count when calculating limits.

5. Adoption of New Articles of Association • Proposal to substitute the current Articles with an updated set.

Key Administrative Details • Proxy forms must be lodged with Computershare Hong Kong Investor Services Limited by 9 May 2026, 9:00 a.m. (48 hours before the meeting). • Register of members will be closed from 7 May to 12 May 2026 (both days inclusive); only shareholders on record as of 12 May 2026 are entitled to attend and vote. • Contingency arrangements for severe weather or “extreme conditions” include potential postponement, with updates to be announced on the company and Hong Kong Stock Exchange websites.

Board and Governance Snapshot (as of 9 April 2026) • Executive Directors: Guy Bradley (Chairman), Tim Blackburn, Fanny Lung, Mabelle Ma • Non-Executive Directors: Adam Fenwick, Raymond Lim, Martin Murray, Richard Sell, Merlin Swire • Independent Non-Executive Directors: Thomas Choi, Spencer Fung, May Wu, Yan Yan, Angela Zhu

Investors should review the full AGM circular and consider lodging proxies or attending in person to participate in the decision-making on these governance and capital management measures.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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