Shenzhen Pagoda Industrial (Group) Corporation Limited (PAGODA GP) announced that its 2026 First Extraordinary General Meeting (EGM), held on 29 May 2026, approved the sole ordinary resolution concerning the provision of financial assistance to connected subsidiary Shenzhen Pagoda Commercial Management Co., Ltd.

The proposal, covering a supplemental agreement dated 30 September 2025 and a loan agreement dated 2 February 2026, secured overwhelming support. Shareholders and proxies representing 748.25 million H shares cast valid votes, equal to 37.57% of the 1.99 billion shares entitled to vote after excluding 10.18 million treasury shares. The resolution received 748.03 million votes in favour (99.97%), 0.21 million votes against (0.03%), and no abstentions, comfortably surpassing the simple majority threshold.

Voting exclusions, in line with Hong Kong Listing Rules 17.05A and 13.44, covered: • 79.42 million H shares held by Zhongcheng Trust Co., Ltd. and Zhonghang Trust Co., Ltd. under the 2023 share award scheme. • 181.88 million H shares held by Futu Trustee Ltd. under the 2025 restricted share unit scheme. • 2.91 million H shares held by Zhangshu City Hengwang Investment Management Center LP, an associate of Executive Director Mr Tian Xiqiu.

All ten directors attended the meeting, chaired by Chairman and Executive Director Mr Yu Huiyong. Computershare Hong Kong Investor Services Ltd. acted as scrutineer for the poll.

With the resolution now effective, PAGODA GP is authorised to extend the specified loan facilities to its connected subsidiary, Shenzhen Pagoda Commercial Management Co., Ltd., under the agreed terms.