SCE Intelligent Commercial Management Holdings Limited (SCE CM) has issued its circular for the Annual General Meeting (AGM) to be held at 3:00 p.m. on 28 May 2026 in Hong Kong.

Key agenda items:

• New Share Issuance Mandate: Directors will request authority to allot and issue up to 387.00 million new shares, equal to 20 % of the current 1.94 billion shares outstanding (excluding any treasury shares).

• Share Repurchase Mandate: The Board also seeks approval to repurchase up to 193.50 million shares, representing 10 % of the issued share capital. Any repurchased shares may be cancelled or held in treasury, with potential resale subject to Listing Rules.

• Extension Mandate: If both mandates above are approved, the issuance limit can be increased by the number of shares actually repurchased, allowing the company to re-issue treasury shares without exceeding overall dilution thresholds.

• Director Re-elections: Executive directors Wong Lun (Chairman), Niu Wei (CEO) and Sun Qiang (Vice President) will retire by rotation and stand for re-election.

• Auditor Re-appointment: Prism Hong Kong Limited is nominated to continue as external auditor for the financial year ending 31 December 2026.

Procedural information:

• Shareholders must lodge proxy forms by 3:00 p.m. on 26 May 2026.

• The share register will be closed from 22 May 2026 to 28 May 2026 (both days inclusive) for AGM eligibility.

The Board recommends shareholders vote in favour of all proposed resolutions, noting that the existing mandates approved in May 2025 will lapse at the close of the forthcoming AGM.