BYD Company has released its AGM circular outlining multiple capital allocation and governance proposals to be voted on 09 June 2026 in Shenzhen.

Dividend Proposal • Board recommends a 2025 cash dividend of RMB 3.58 per 10 shares (tax-inclusive), based on 9,117,197,565 outstanding shares as at 27 March 2026. • Estimated cash payout totals approx. RMB 3.26 billion; no bonus shares or capitalisation of reserves is planned. • Dividend will be declared in RMB; A-share holders receive RMB, H-share holders may elect RMB or HKD (FX rate: PBoC five-day average before AGM). • Final dividend, subject to shareholder approval, targeted for payment by 31 July 2026. PRC withholding tax rules for different investor categories are detailed.

Guarantee Framework • Board requests authority for guarantees up to RMB 150 billion (or FX equivalent) for bank and institutional credit facilities of domestic and overseas controlled subsidiaries. – Within this, up to RMB 140 billion may cover subsidiaries whose 2025 year-end gearing ≥70%; up to RMB 10 billion for those below 70%. • Additional guarantees for investee companies capped at RMB 33.52 billion. • All guarantees require counter-guarantees and comply with CSRC and Shenzhen Stock Exchange rules.

Equity Mandates • General mandate sought to issue up to 20% of BYD’s H shares in issue—maximum 736.68 million shares, excluding treasury stock—valid for 12 months or until the next AGM. • Subsidiary BYD Electronic (International) Company Limited is also seeking its own 20% share issue mandate, equating to up to 450.64 million shares, subject to concurrent approvals.

Debt Financing Authorisation • Board seeks approval to issue up to RMB 50 billion (or FX equivalent) in onshore/offshore debt instruments, including short- and medium-term notes, bonds, ABS, REIT-like products and convertible bonds (single tranche cap: USD 2 billion). Proceeds may fund operations, debt structure optimisation and project investment.

Governance & Risk Management • Proposed revisions to the Remuneration Management Policy refine pay structure, add clawback provisions, and clarify approval processes for directors and senior management. • Board requests authority to procure directors’ and officers’ liability insurance with an annual aggregate limit of up to RMB 100 million.

AGM & Record Date • Share register for H shares closes 04–09 June 2026; shareholders on record 09 June 2026 may vote at the AGM. Proxies must be lodged by 10:00 a.m. 08 June 2026 (Hong Kong time).