Sheng Siong Group Ltd. held its fifteenth annual general meeting on Apr, 29 2026 in Singapore, with Lead Independent Director Chee Teck Kwong Patrick chairing the session.

Shareholders voted by poll to adopt the Directors’ Statement and audited financial statements for the financial year ended Dec, 31 2025, with 100.00% of votes cast in favour.

A final dividend of 0.038 Singapore dollars per share, tax-exempt (one-tier), was approved and will be paid on May, 15 2026.

In board matters, Lim Hock Chee was re-elected as Executive Director and Chief Executive Officer. Chee Teck Kwong Patrick was re-elected as Lead Independent Director and will continue to chair the Nominating Committee and sit on the Audit and Risk as well as Remuneration committees. Tan Poh Hong was re-elected as an Independent Director and will retain her roles as Chair of the Remuneration Committee and member of the Audit and Risk and Nominating committees.

The meeting approved director fees of 0.34 million Singapore dollars for FY2025 and re-appointed KPMG LLP as external auditors for the next financial year.

Shareholders also granted the board authority, until the next AGM, to issue new shares or convertible securities representing up to 50% of the company’s issued share capital, with a sub-limit of 20% for non pro-rata issues.

During a question-and-answer session, management reiterated its disciplined store expansion strategy of adding three to five outlets annually, ongoing commitment to its Kunming, China operations despite competitive pressures, plans to finance a new distribution centre partly through debt, limited reliance on government vouchers for sales, and a continued but measured approach to its Sheng Siong Online grocery platform, which currently contributes about 1% of revenue.