Shui On Land Limited will convene its Annual General Meeting on 27 May 2026 at 3:00 p.m. in Hong Kong. Key resolutions include renewal of general mandates to issue and repurchase shares, re-election of four directors, and re-appointment of the external auditor.

The board seeks authority to: • Issue up to 10% of existing share capital—equivalent to 802.73 million new shares based on the 8.03 billion shares outstanding as of 17 April 2026. • Repurchase up to the same 10% limit, also 802.73 million shares.

At the latest practicable date, the company held no treasury shares. If the full buy-back mandate were exercised, Chairman Vincent H. S. Lo’s aggregate interest would rise from 56.23% to 62.48%, remaining below the Takeovers Code mandatory-offer threshold.

Director re-elections involve Executive Vice-Chairman Stephanie B. Y. Lo and Independent Non-executive Directors Albert K. P. Ng, Anthony J. L. Nightingale, and Clement K. M. Kwok. All INEDs have affirmed independence under Listing Rule 3.13.

Proposed annual director fees: • Albert K. P. Ng – HK$0.82 million • Anthony J. L. Nightingale – HK$0.67 million • Clement K. M. Kwok – HK$0.75 million Executive remuneration for Stephanie B. Y. Lo is approximately HK$9.10 million plus performance-based bonus.

The register of members will close from 20 May to 27 May 2026. Shareholders must lodge transfers by 4:30 p.m. on 19 May 2026 to qualify for meeting attendance and voting. Proxy forms are due by 3:00 p.m. on 25 May 2026.

Over the past 12 months, Shui On Land’s shares traded between a high of HK$0.86 (August 2025) and a low of HK$0.50 (April 2026 up to 17 April).

No share repurchases were conducted in the six months preceding the circular date, and the company confirms sufficient funding capacity for any future buy-backs within the proposed mandate.