Meituan’s 2026 annual general meeting on 26 June approved all seven ordinary resolutions submitted to shareholders, covering the 2025 financial statements, board remuneration, share mandates, auditor re-appointment and board composition changes.
• Financial statements adopted The consolidated results for the year ended 31 December 2025, together with the directors’ and auditor’s reports, were accepted with 99.83 % of the 8.16 billion votes cast in favour.
• Board remuneration and mandates Shareholders granted the board authority to set director remuneration (99.83 % support) and renewed 10 % general mandates for share issuance (98.44 % support) and share repurchase (99.95 % support).
• Auditor re-appointment PricewaterhouseCoopers was re-appointed as external auditor until the next AGM, receiving 72.39 % of votes cast—by far the lowest support level among the resolutions but still comfortably above the simple-majority threshold.
• Board changes Independent non-executive director (INED) Orr Gordon Robert Halyburton retired at the close of the meeting. Shareholders elected Stephen Yiu Kin Wah as an INED with 98.18 % support. Yiu will receive annual cash compensation of USD 150,000 plus an equivalent amount in share-based awards and has been appointed chair of the audit committee.
INED Marjorie Mun Tak Yang was re-elected with 85.94 % support and joins the corporate governance committee.
• Voting structure and participation As of the AGM date, Meituan had 6.17 billion issued shares—579.15 million Class A shares carrying ten votes each and 5.60 billion Class B shares carrying one vote each. Excluding 47.34 million unvested shares held in trust, 6.13 billion shares were eligible to vote. The registrar, Computershare Hong Kong Investor Services, acted as scrutineer.
The approvals maintain Meituan’s capital flexibility, refresh governance committees and reaffirm shareholder backing for existing management and auditors ahead of the 2026 financial year.
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