Zhenro Properties Proposes 20% Issuance Mandate and 10% Buy-back Authority Ahead of 25 June 2026 AGM

Zhenro Properties Group Limited will hold its annual general meeting on 25 June 2026 at the Hongqiao Zhenro Center in Shanghai.

Key proposals to be put to shareholders include:

1. Mandates • Issue Mandate: Directors seek authority to allot, issue or transfer treasury shares up to 20% of the issued share capital. Based on the 4.37 billion shares outstanding as of 22 April 2026, the limit equals 873.55 million shares. • Shares Buy-back Mandate: Authority to repurchase up to 10% of issued shares, or 436.78 million shares. • Extension Mandate: Any shares repurchased may be added to the issuance limit.

2. Directors • Re-election of Non-executive Director Chow Wai Shing Daniel and Independent Non-executive Directors Wang Chuanxu and Xie Jun. • Proposed annual fees: Chow RMB0.15 million; Wang RMB0.25 million; Xie RMB0.25 million.

3. Auditors • Re-appointment of Zhonghui Anda CPA Limited with remuneration to be set by the board.

4. Capital and Shareholder Structure • No treasury shares outstanding on the latest practicable date. • Largest shareholder Ou Zongrong controls 45.73% (1.99 billion shares) through entities including RoYue Limited. Full utilisation of the buy-back mandate would raise this interest to 50.81%, potentially triggering a Takeovers Code obligation; the board states it has no intention to repurchase shares to that extent.

5. Timetable • Share transfer books close 22–25 June 2026; last day to lodge transfers is 18 June 2026. • Proxy forms must reach Computershare Hong Kong Investor Services by 23 June 2026 at 11:00 a.m.

The board recommends shareholders vote in favour of all resolutions.