Midea Group (00300) reported that all 20 resolutions tabled at the 5 June 2026 Annual General Meeting were approved, paving the way for a higher cash distribution, refreshed capital-management authorities and board reshuffle.

AGM participation and voting • Total shares in issue: 7.61 billion. • Voting shares present: 4.06 billion (54.25 % of voting rights). • All 14 ordinary and 13 special resolutions received the requisite majorities; the lowest support level was 82.80 % (general mandate to issue shares).

Key approvals 1. Profit distribution: Final cash dividend of RMB38 per 10 shares (RMB3.80 per share). Using the PBoC average rate (RMB0.870094 = HK$1), H-share holders will receive HK$4.36734 per share. The record date is 26 June 2026 and payment is expected within two months. 2. Capital management: – General mandate to repurchase H-shares passed with 99.97 % support. – General mandate to issue new shares passed with 82.80 % support. – A seven-part special resolution detailing the purpose, method, pricing, size and authorisation for a new on-market share repurchase programme each secured about 99.98 % approval. 3. Incentive schemes: – 2026 A-Share Ownership Plan and its administrative rules approved with 96.75 % support. – Repurchase and cancellation of restricted shares under the 2022 and 2023 RSU schemes cleared with about 99.99 % support. 4. Other business: – Liability insurance for directors and senior management passed (99.77 %). – Guarantees for controlled subsidiaries and asset-pool operations, and a 2026 FX-derivatives mandate each gained over 98 % approval. – Reappointment of accounting firms received 92.19 % support, the lowest among the resolutions.

Articles of Association Shareholders approved amendments to the Articles of Association; the revised document became effective at the close of the AGM and is available on the HKEX and company websites.

Board changes Dr. Zhang Ya was elected as an Independent Non-executive Director and joins the Audit, Remuneration and Evaluation, Nomination, and Strategy Committees. Dr. Qiu Lili stepped down from the same roles. Both changes are effective 5 June 2026 and run until the end of the fifth board session.

Dividend logistics The H-share register will be closed from 23 to 26 June 2026. Share transfer documents must be lodged by 4:30 p.m. on 22 June 2026 to qualify for the dividend. Bank of China (Hong Kong) Limited has been appointed the Hong Kong receiving agent. The company will make a separate announcement regarding A-share dividend distribution after coordinating with the China Securities Depository and Clearing Corporation, Shenzhen Branch.

Treasury shares The 123.39 million treasury A-shares will not participate in the 2025 final dividend. Any additional shares held in treasury on the record date will likewise be excluded from the payout.

The AGM concluded with confirmation from an independent scrutineer and legal counsel that all procedures, attendee qualifications and vote counts complied with applicable laws, regulations and the Articles of Association.