NAGACORP sets 25 June 2026 AGM; proposes US ¢1.09 final dividend, new 10% option pool and refreshed share mandates

NAGACORP Ltd. has dispatched its 2026 AGM circular outlining key resolutions to be tabled on 25 June 2026 in Hong Kong.

Dividend • Board recommends a final dividend of US ¢1.09 (HK ¢8.45) per share for FY 2025, representing a 30% payout on 2H 2025 net profit. • Ex-dividend date: 30 June 2026; record date: 3 July 2026; payment date: on or about 7 August 2026.

Capital & share mandates • Shares in issue: 4.42 billion as at 22 April 2026. • Proposed general mandate to issue up to 20% of issued share capital, equal to 884.60 million new shares. • Proposed buy-back mandate up to 10%, or 442.30 million shares; repurchased shares may be cancelled or held as treasury stock.

Board & auditor • Independent non-executive directors Mr Leong Choong Wah and Mr Michael Lai Kai Jin (served >9 years) stand for re-election. • Board seeks re-appointment of BDO Limited as auditor for FY 2026; fee to be set by directors.

New Share Option Scheme • Existing 2016 scheme expires in April 2026; no options are outstanding. • Proposed 10-year scheme allows grants to directors and employees, with an aggregate limit of 10% of issued shares (442.30 million shares based on current share count). • Minimum vesting period is 12 months unless specific exceptions apply; exercise price set at or above the higher of (i) the grant-date close, (ii) five-day average close, and (iii) US$0.0125 nominal value. • Options are non-transferable; lapsing conditions include cessation of employment, misconduct or corporate events.

Key meeting details • AGM: 10:00 a.m., 25 June 2026, Chamber Theatre, 22/F United Centre, Hong Kong. • Shareholders’ register closed 22–25 June 2026 for AGM eligibility; proxy forms due 48 hours before meeting.

If approved, all mandates and the new option scheme will refresh the company’s capital management flexibility ahead of FY 2026.