On 3 June 2026, Kowloon Development Company Limited concluded its annual general meeting with every item on the agenda receiving decisive shareholder support through poll voting.

Key AGM Outcomes

1. Financial Statements and Dividend • The audited financial statements for the year ended 31 December 2025 were received and adopted with 99.999997% of votes cast in favour (973.11 million shares). • A final dividend for FY 2025 was approved with the same 99.999997% support level.

2. Board Composition and Remuneration • Re-elections: Mr Lai Ka Fai, Mr Lam Yung Hei and Mr Li Kwok Sing, Aubrey were each returned to the board, receiving between 99.97% and 99.97% shareholder approval. • Directors’ remuneration authority was confirmed with 99.999994% affirmative votes.

3. Auditor Appointment • KPMG was re-appointed as auditor, with the board authorised to fix its remuneration; 99.999997% of votes supported the resolution.

4. Capital Management Mandates • General issuance mandate: Directors may allot, issue and deal with additional shares up to 20% of issued share capital, endorsed by 98.70% of votes (960.48 million shares in favour). • Share repurchase mandate: Authority to buy back up to 10% of issued shares passed with 99.999997% approval. • Extension mandate: The share issuance limit can be increased by the amount of shares repurchased, approved by 98.70% of votes.

Voting Details and Attendance

• Total shares in issue and entitled to vote: 1.31 billion. • No shareholder was required to abstain, and no shares carried restricted voting rights. • Computershare Hong Kong Investor Services Limited acted as scrutineer. • All executive, non-executive and independent non-executive directors attended the meeting in person.

With the comprehensive endorsement of all seven ordinary resolutions, Kowloon Development enters the new financial year with renewed board mandates, a confirmed FY 2025 dividend, and refreshed authorities to manage capital structure through share issuance and buy-backs.