Hysan Development Company Limited — Proxy Solicitation & Information Statement 2026

Mar 30, 2026

Hysan 希慎

HYSAN DEVELOPMENT COMPANY LIMITED

希慎興業有限公司

(Incorporated in Hong Kong with limited liability)

(Stock Code: 00014)

FORM OF PROXY

(ANNUAL GENERAL MEETING — 5 June 2026)

No. of shares to which this form of proxy relates (Note 5)

I/We

of

being a registered member(s) of HYSAN DEVELOPMENT COMPANY LIMITED ("Hysan" or the "Company") hereby appoint

of

or failing him/her

of

or* the chairman of the annual general meeting of the Company ("AGM" or "Meeting"), as my/our proxy to attend and vote for me/us and on my/our behalf at the Meeting to be held at Meeting Rooms N201-N208, Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wanchai, Hong Kong (the "Principal Meeting Place") and online on Friday, 5 June 2026 at 3:00 p.m. and at any adjournment thereof, on the undermentioned resolutions as indicated:

RESOLUTIONS	(See Note 6)
		For	Against
As Ordinary Resolutions
1.	To receive and consider the Statement of Accounts for the year ended 31 December 2025 and the Reports of the Directors and Auditor thereon
2.	(i) To re-elect Lee Irene Yun-Lien as a Director
	(ii) To re-elect Chung Cordelia as a Director
	(iii) To re-elect Wong Ching Ying Belinda as a Director
	(iv) To re-elect Lee Chien as a Director
3.	To approve revision of annual fees payable to the chairmen and the members of certain Board Committees*
4.	To re-appoint Deloitte Touche Tohmatsu as auditor of the Company at a fee to be agreed by the Directors
5.	To give the Directors a general mandate to allot, issue and deal with additional shares in the Company not exceeding 10% of the number of its issued shares and the discount for any shares to be issued shall not exceed 10%*
6.	To give Directors a general mandate to repurchase shares in the Company not exceeding 10% of the number of its issued shares*
As a Special Resolution
7.	To approve the amendments to the articles of association of the Company*

• Delete where appropriate
• Please refer to the Notice of Annual General Meeting dated 31 March 2026 for the full text of the resolutions.

Signature(s)

Dated this __ day of __ 2026

(Full name in block capitals)

(Email address of the proxy)

Notes:

1. The AGM will be held in hybrid format. Apart from participating in the AGM in person at the Principal Meeting Place, shareholders of the Company ("Shareholders") will have the option of attending the AGM via the live online webcast system (the "Online AGM" and the "eVoting Portal" respectively). Shareholders attending the Online AGM will be allowed to view the live proceedings, attend the meeting, submit questions by text to the interactive platform for Q&A, call to raise questions and vote online in real-time.
2. Shareholders attending the Online AGM can submit questions relating to the proposed resolutions by submitting text to the interactive platform for Q&A or by calling to raise questions via the eVoting Portal during the Q&A session of the AGM. Shareholders can also send their questions in writing before the AGM, to the registered office of the Company at 50/F., Lee Garden One, 33 Hysan Avenue, Hong Kong or to the email at investor@hysan.com.hk.
3. The chairman of the Meeting will demand a poll regarding the voting for all the resolutions as set out above pursuant to regulatory requirements.
4. You may appoint one or more proxies to attend and vote. The proxy need not be a Shareholder.
5. Please insert the number of shares registered in your name(s) to which this form of proxy relates. If no such information is inserted, this form of proxy will be deemed to relate to all the shares of the Company registered in your name(s).
6. Please indicate with a "✓" in the appropriate space beside each of the resolutions how you wish the proxy to vote on your behalf. In the absence of any such indication, the proxy will vote for or against the resolution or will abstain at his/her discretion. Any alteration made to this form of proxy must be initialed only by the person who signs it. Re-election of Directors will be voted as separate resolutions.
7. If the registered member is a corporation, this form of proxy must be executed either under its common seal or under the hand of an officer or attorney authorised in writing.
8. In the case of joint holders, the vote of the senior who tenders a vote whether in person or by proxy shall be accepted to the exclusion of the votes of the other joint holders and for this purpose, seniority will be determined by the order in which the names stand in the Register of Members in respect of the joint holding.
9. An original of the completed form of proxy, together with the power of attorney or other authority (if any) under which it is signed or a notarial certified copy of the same, must be returned to the Company's registered office at the abovementioned address or to the Company's registrar, Tricor Investor Services Limited (the "Registrar"), at 17/F. Far East Finance Centre, 16 Harcourt Road, Hong Kong, as early as possible and in any event not less than forty-eight (48) hours before the time appointed for holding the AGM (or any adjournment thereof). A form of proxy sent electronically will not be accepted.
10. To ensure your proxy can attend and vote at the Online AGM, you must provide a valid email address of your proxy in the space provided (except when the chairman of the Meeting is appointed as your proxy). Without a valid email address, your proxy will not be able to access the eVoting Portal.

PERSONAL INFORMATION COLLECTION STATEMENT

Personal Data provided to the Company and/or the Registrar in this form will be used for the purpose of processing your instruction as stated in this form of proxy. "Personal Data" in these statements has the same meaning as defined under the Personal Data (Privacy) Ordinance, Cap 486 ("PDPO"), which may include but not limited to your and your appointed proxy's name and mailing address.

Personal Data will not be transferred to any party outside the Company or the Registrar. Personal Data may be disclosed when required by law or a court order of any jurisdiction, or as requested by any government or law enforcement authorities or administrative organs or as is necessary to bring legal action or defend any legal action in relation to you. Your supply of the Personal Data is on a voluntary basis. However, without providing the Personal Data we may not be able to effect the appointment of your proxy and instructions.

Your Personal Data will be retained for such period as may be necessary for the above purposes and its directly related purpose(s).

You and your appointed proxy have the right to request access to and/or correction of the respective Personal Data in accordance with the provisions of the PDPO. We have the right to charge a reasonable fee for processing any Personal Data access request. Any such request for access to and/or correction of your Personal Data should be in writing by either of the following means:

By mail to: Privacy Compliance Officer
Tricor Investor Services Limited
17/F. Far East Finance Centre, 16 Harcourt Road, Hong Kong

By e-mail to: hysan14-ecom@vistra.com

You can find out more about Hysan's policies on privacy and personal data protection by accessing our privacy policy statement available on Hysan's website at www.hysan.com.hk.