Sino Land’s board declared an interim dividend of HK$0.15 per ordinary share for the financial year ending 30 June 2026. The dividend is payable in cash or, at the shareholder’s election, in new shares issued under a scrip dividend scheme.

Key terms of the scrip option • Subscription price: HK$11.502 per new share, equal to the five-day average closing price from 12 to 18 March 2026 (ex-dividend period). • Entitlement formula: For each share held on the 18 March 2026 record date, shareholders may elect to receive approximately 0.0130 new share (HK$0.15 ÷ HK$11.502), rounded down to the nearest whole share; cash will be paid for residual fractions. • Maximum issuance: If every shareholder opts for scrip, approximately 123.69 million new shares will be issued, enlarging the share base by roughly 1.29%. • Cash outlay if no scrip elected: Based on 9.48 billion shares in issue on the record date, the cash dividend would total about HK$1.42 billion.

Timetable • Election deadline: 4:30 p.m., 13 April 2026 • Despatch of dividend warrants and share certificates: 23 April 2026 • Expected first day of dealing in new shares: 24 April 2026

Regulatory and listing aspects The scrip scheme is conditional upon the Stock Exchange granting listing approval for the new shares. Overseas shareholders in the United States, Malaysia and mainland China (excluding investors holding shares through Shanghai-Hong Kong or Shenzhen-Hong Kong Stock Connect) are excluded unless they can demonstrate compliance with local regulations.

Rationale Shareholders opting for scrip avoid brokerage fees and stamp duty, while the company retains the corresponding cash as working capital.

No special arrangements will be provided for trading odd-lot entitlements arising from scrip elections. Shareholders should consider their own circumstances and consult professional advisers where necessary.