Shimao Services Holdings Limited announced that shareholders endorsed every item on the agenda at the Annual General Meeting held on 22 June 2026. All seven resolutions—six ordinary and one special—cleared the required voting thresholds by comfortable margins, reinforcing board authority over capital management and corporate governance matters.

Key voting outcomes

• Financial statements and auditor’s report: 1.52 billion votes, or 99.97%, supported adoption of the 2025 audited consolidated financial statements and accompanying reports. • Board composition: Executive Director Mr. Shao Liang and Independent Non-executive Director Ms. Zhou Xinyi were re-elected with 96.99% approval. The board was also authorised to determine director remuneration at the same support level. • Auditor re-appointment: Grant Thornton Hong Kong Limited was re-appointed with 99.97% approval; the board is authorised to set audit fees. • Capital mandates: – General share issue mandate passed with 96.66% support, empowering directors to allot and issue shares. – Share buy-back mandate received 99.97% approval. – Extension of the issue mandate by adding repurchased shares secured 99.80% support. • Constitutional update: Shareholders approved, with 99.97% in favour, the adoption of the third amended and restated memorandum and articles of association, surpassing the 75% threshold required for special resolutions.

Shareholder participation and voting mechanics

The company had 2.47 billion issued shares eligible to vote. No shares were subject to voting restrictions or required abstention under Hong Kong Listing Rules. All directors attended the meeting electronically. Tricor Investor Services Limited acted as scrutineer for the poll.

Governance continuity and capital flexibility

The strong endorsement of director re-elections and auditor retention ensures continuity in governance and oversight. Concurrently, the approval of broad share issuance and buy-back mandates provides management with flexibility to manage capital structure and pursue strategic initiatives within the authorised limits.

The board is now empowered to proceed with the approved actions, including potential equity issuances, share repurchases and implementation of the updated constitutional documents, subject to prevailing regulatory requirements.