APT Satellite Holdings Limited — Proxy Solicitation & Information Statement 2023

Nov 21, 2023

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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(Incorporated in Bermuda with limited liability) (Stock code: 1045)

NOTICE OF THE SPECIAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that a special general meeting of APT Satellite Holdings Limited (the “ Company ”) will be held at its principal place of business in Hong Kong, 22 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong on Thursday, 14 December 2023, at 11:00 a.m. or at any adjournment thereof for the purpose of considering and, if thought fit, passing the following resolution, with or without amendments, as ordinary resolution of the Company:

ORDINARY RESOLUTION

“ THAT

• (a) the satellite transmission and communication services master agreement dated 28 September 2023 (the “ CCT Agreement ”) entered into between the Company and 中國衛通集團股份有限公司 (China Satellite Communications Company Limited) (“ CSCC ”) in respect of the provision of satellite transmission service, value-added service for satellite telecommunication and other related professional and management services between the Company and/or its subsidiaries and CSCC and/ or its associates, as defined and described in the circular of the Company dated 22 November 2023 (the “ Circular ”), a copy of the Circular marked “A” together with a copy of the CCT Agreement marked “B” being tabled before the meeting and initialled by the chairman of the meeting for identification purpose, and the transactions contemplated thereunder and in connection therewith be and are hereby approved, confirmed and ratified;

• (b) the Caps (as defined in the Circular) for each of the three financial years ending 31 December 2026 as contemplated under the CCT Agreement be and are hereby approved; and

• For identification purpose only

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• (c) the directors of the Company be and are hereby authorised to do all such further acts and things and sign, seal, execute, perfect and deliver all such documents on behalf of the Company as they may in their absolute discretion consider necessary, desirable or expedient for the purposes of and in connection with the implementation and/or give full effect to any matters relating to the CCT Agreement and the transactions contemplated thereunder.”

By Order of the Board APT Satellite Holdings Limited Lau Tsui Ling Shirley Company Secretary

Hong Kong, 22 November 2023

Registered office: Clarendon House 2 Church Street Hamilton, HM 11 Bermuda

Head office and principal place of business:

22 Dai Kwai Street Tai Po Industrial Estate Tai Po New Territories Hong Kong

Notes:

1. The ordinary resolution to be considered at the special general meeting will be determined by poll pursuant to the Rules Governing the Listing of Securities of The Stock Exchange of Hong Kong Limited. On voting by poll, each member shall have one vote for each share held in the Company. The results of the poll will be published on the website of Hong Kong Exchanges and Clearing Limited (www.hkexnews.hk) and the Company (www.apstar.com) respectively.

2. A member of the Company who is entitled to attend and vote at the special general meeting is entitled to appoint another person as his proxy to attend and vote instead of him. A member who is the holder of two or more shares may appoint more than one proxy. A proxy need not be a member of the Company.

3. A form of proxy for use at the special general meeting is enclosed herewith and such form is also published on the websites of Hong Kong Exchanges and Clearing Limited (www.hkexnews.hk) and the Company (www.apstar.com) respectively.

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1. In order to be valid, the form of proxy, together with the power of attorney or other authority (if any) under which it is signed, or a notarially certified copy thereof must be deposited at the Company’s branch share registrar in Hong Kong, Tricor Tengis Limited at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong, not later than 11:00 a.m. on Tuesday, 12 December 2023 (i.e. 48 hours before the time appointed for holding the special general meeting or any adjourned meeting thereof) and in default thereof the form of proxy shall not be treated as valid.

2. For the purpose of determining the entitlement to attend and vote at the special general meeting, the register of members of the Company will be closed from Monday, 11 December 2023 to Thursday, 14 December 2023 (both days inclusive), during which period no transfer of shares will be effected. Members of the Company whose names appear on the register of members of the Company at the close of business on Friday, 8 December 2023 will be entitled to attend and vote at the special general meeting. In order to be entitled to attend and vote at the special general meeting, all properly completed transfer forms accompanied by the relevant share certificates must be lodged with the Company’s branch share registrar in Hong Kong, Tricor Tengis Limited, at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong not later than 4:30 p.m. on Friday, 8 December 2023.

3. Completion and return of an instrument appointing a proxy shall not preclude a member of the Company from attending and voting in person at the special general meeting and in such event, the instrument appointing a proxy shall be deemed to be revoked.

4. As at the date of this notice, the board of the Company are Mr. Wang Hongbin (President) and Mr. Yan Zhao (Vice President) as Executive Directors; Mr. Sun Jing (Chairman), Dr. Yin Yen-liang, Mr. Fu Zhiheng, Mr. Lim Kian Soon, Mr. Lim Seng Kong, Ms. Li Xiaomei and Mr. Tseng Ta-mon (Alternate Director to Dr. Yin Yen-liang) as Non-executive Directors and Dr. Lam Sek Kong, Mr. Cui Liguo and Dr. Meng Xingguo and Ms. Yim Ka Man as Independent Non-executive Directors.

5. If tropical cyclone warning signal number 8 or above, or a black rainstorm warning signal is in effect any time and remains in force 2 hours before the time of the special general meeting on the date of the special general meeting, the special general meeting will be postponed. The Company will publish an announcement on the website of Hong Kong Exchanges and Clearing Limited (www.hkexnews.hk) and the Company (www.apstar.com) respectively to notify the shareholders of the Company of the date, time and place of the rescheduled meeting.

6. References to time and dates are to Hong Kong time and dates.

List of all directors of the Company as of the time issuing this announcement:

Executive Directors:

Wang Hongbin (President) and Yan Zhao (Vice President)

Non-Executive Directors:

Sun Jing (Chairman) , Yin Yen-liang, Fu Zhiheng, Lim Kian Soon, Lim Seng Kong, Li Xiaomei and Tseng Ta-mon (Alternate Director to Yin Yen-liang)

Independent Non-Executive Directors:

Lam Sek Kong, Cui Liguo, Meng Xingguo and Yim Ka Man

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