SMC Electric Limited (SMC Electric; 02381) reported unanimous shareholder approval for every motion tabled at its Annual General Meeting (AGM) on 11 June 2026. A total of 1.50 billion shares—representing 75.00% of the 2.00 billion issued shares—were voted, with 100% cast in favour of all eight resolutions and none against.

Key outcomes are as follows:

1. FY-2025 Financials and Dividend • The audited consolidated financial statements for the year ended 31 December 2025 were received and approved. • Shareholders sanctioned a final dividend of HK 0.5 cent per share. Based on the 2.00 billion shares in issue, the payout equates to HKD 10.00 million.

2. Board Composition and Remuneration • Re-election of directors was confirmed: – Mr. Yung Kwok Kee, Billy (Non-Executive Director) – Mr. Chow Kai Chiu, David (Executive Director) – Mr. Leung Man Chiu, Lawrence (Independent Non-Executive Director) • The Board was authorised to determine directors’ remuneration.

3. Auditor Re-appointment • BDO Limited was re-appointed as external auditor for the ensuing year, with the Board empowered to fix its remuneration.

4. Capital Management Authorities • Shareholders granted: – A general mandate for the Board to allot and issue new ordinary shares. – A general mandate to repurchase ordinary shares. – An extension of the issue mandate to include the aggregate nominal amount of shares repurchased.

5. Corporate Governance Enhancement • A special resolution approved the adoption of the Third Amended and Restated Memorandum and Articles of Association, replacing the previous version.

Operational Details There were no treasury shares, no share repurchases pending cancellation, and no shareholders required to abstain from voting. Boardroom Share Registrars (HK) Limited acted as the independent scrutineer, and all directors attended the AGM in person or electronically.

With complete shareholder endorsement across all resolutions, SMC Electric enters the new fiscal year with refreshed corporate mandates, an unchanged board line-up, continued external audit oversight by BDO Limited, and a modest cash dividend for its investors.