TVB Schedules 27 May 2026 AGM; Seeks 10% Issuance Mandate, 5% Buy-Back Capacity and Adoption of 2026 Share Option & RSU Scheme

Television Broadcasts Limited (TVB) has issued a notice convening its Annual General Meeting (AGM) for 27 May 2026 at 4:00 p.m. in TVB City, Tseung Kwan O Industrial Estate, Hong Kong. Key agenda items are summarised below.

Ordinary business • Shareholders will vote on the adoption of the audited financial statements, Directors’ Report and Independent Auditor’s Report for the financial year ended 31 December 2025. • Re-election of two retiring directors—Li Ruigang and Felix Fong Wo—is proposed. • Renewal of PricewaterhouseCoopers as external auditor and authorisation for the Board to determine audit fees are on the agenda.

Proposed share issuance mandate (Ordinary Resolution 4) • Directors seek a refreshed general mandate to allot, issue or deal with shares and equity-linked securities up to 10% of the company’s issued share capital (excluding any treasury shares) as at the date of the resolution. • Any new shares issued under this mandate must not be priced at a discount exceeding 10% to the Benchmark Price, defined as the higher of: – the closing price on the Stock Exchange on the agreement date, or – the average closing price for the five trading days preceding the earliest of the announcement, agreement, or price-fixing date. • The mandate will remain effective until the earlier of: (i) the 2027 AGM, (ii) the statutory deadline for holding the next AGM, or (iii) its revocation or variation by shareholders.

Proposed share buy-back mandate (Ordinary Resolution 5) • The Board is seeking authority to repurchase up to 5% of the company’s issued share capital (excluding any treasury shares) on the Hong Kong Stock Exchange or other recognised bourses during the same “Relevant Period” as defined above.

Register-closure flexibility (Ordinary Resolution 6) • The company proposes extending the maximum annual closure period for its Register of Members from 30 to 60 days in 2026, leveraging provisions under Sections 632(3) and 632(4) of the Hong Kong Companies Ordinance.

2026 Share Option and RSU Scheme (Ordinary Resolution 7) • A new Share Option and Restricted Share Unit (RSU) Scheme will be tabled for approval. The Board seeks authority to grant options/RSUs, issue shares upon vesting or exercise, appoint trustees and make necessary amendments, subject to compliance with Hong Kong Listing Rules.

Proposed change of company name (Special Resolution 8) • Management recommends renaming the company from “Television Broadcasts Limited” to “TVB Limited” and changing the Chinese name to “無綫集團有限公司”, pending approval from Hong Kong’s Companies Registry.

Key administrative dates • Shareholders must return completed Declaration Forms by 10 May 2026 to be eligible to vote. • The Register of Members will be closed from 29 April 2026 to 27 May 2026 (both dates inclusive); transfers must be lodged by 4:30 p.m. on 28 April 2026. • All AGM resolutions will be decided by poll in line with Hong Kong Listing Rules.

Board composition Executive Directors: Thomas Hui To JP (Executive Chairman), Tsang Lai Chun. Non-executive Directors: Li Ruigang, Anthony Lee Hsien Pin. Independent Non-executive Directors: Dr. William Lo Wing Yan JP, Dr. Allan Zeman GBM GBS JP, Felix Fong Wo BBS JP.

The AGM will determine the company’s strategic flexibility in capital management, equity incentives and corporate branding for the year ahead.