Hang Lung Properties Limited (Hang Lung PPT) has issued its 2026 AGM circular outlining six key resolutions to be voted on 30 April 2026 at the Conrad Hong Kong.

Dividend • Board recommends a final dividend of HK$0.40 per share for FY-2025, payable on or about 15 June 2026. • Shareholders may elect to receive the dividend in cash or new shares under a scrip dividend scheme. • The register of members will close on 8 May 2026; transfers must be lodged by 7 May 2026 to qualify.

Capital Mandates • Share Buy-Back: Board seeks authority to repurchase up to 10% of issued share capital—equivalent to 505.66 million shares based on the 5.06 billion shares outstanding as of 20 March 2026. • Share Issue: Board seeks a general mandate to issue up to 20% of issued shares (1.01 billion shares) and to extend this mandate by the number of shares actually bought back. • The company states there are no immediate plans for new share issuance other than under existing option schemes and the scrip dividend.

Board Changes • Re-election: Executive Chair Adriel Chan, Independent Non-Executive Director Dr. Andrew Chan, and newly appointed Non-Executive Director Andrew Weir will stand for re-election. • Retirement: Independent Non-Executive Director Nelson Yuen will retire and not seek re-election.

Auditor • Re-appointment of KPMG as external auditor for the next fiscal year.

AGM Logistics • Meeting date/time: 30 April 2026, 10:00 a.m. HKT. • Record date for voting: Register closed 27–30 April 2026; share transfers must be lodged by 24 April 2026. • Shareholders may attend in person or via live online webcast and are encouraged to submit proxy forms by 28 April 2026, 10:00 a.m.

Ownership Impact • The controlling family trust currently holds 65.63% of issued shares. Full utilisation of the buy-back mandate would raise its stake to 72.93% but, according to the board, would not trigger a mandatory offer under Hong Kong’s Takeovers Code.

No share repurchases have been conducted in the six months preceding the circular date.