Meituan — Board/Management Information 2026

Jun 4, 2026

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.

美国
Meituan

(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
Stock Codes: 3690 (HKD counter) and 83690 (RMB counter)

(1) RETIREMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND PROPOSED ELECTION OF INDEPENDENT NON-EXECUTIVE DIRECTOR; AND
(2) CHANGE IN COMPOSITION OF BOARD COMMITTEES

(1) RETIREMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND PROPOSED ELECTION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The board (the "Board") of directors (collectively, the "Directors" and each, a "Director") of Meituan (the "Company", together with its subsidiaries and consolidated affiliated entities, the "Group") is pleased to announce that, on June 4, 2026, Mr. Yiu Kin Wah Stephen (姚建華) ("Mr. Yiu") has been nominated by the Board and proposed for election as an independent non-executive Director by the shareholders of the Company (the "Shareholders") at the forthcoming annual general meeting (the "AGM") by way of an ordinary resolution. Subject to the passing of the ordinary resolution in relation to the proposed election of Mr. Yiu as an independent non-executive Director at the AGM, the appointment of Mr. Yiu as an independent non-executive Director shall take effect from the conclusion of the AGM.

Mr. Yiu is proposed to be elected to succeed Mr. Orr Gordon Robert Halyburton (歐高敦), an independent non-executive Director, who has informed the Board that he has decided not to offer himself for re-election at the AGM in order to devote more time on his other commitments. Mr. Orr Gordon Robert Halyburton will retire from the Board after the conclusion of the AGM. Mr. Orr Gordon Robert Halyburton has confirmed that he has no disagreement with the Board and that there is no matter relating to his retirement that needs to be brought to the attention of the Shareholders or The Stock Exchange of Hong Kong Limited. The Board would like to express its sincere gratitude to Mr. Orr Gordon Robert Halyburton for his valuable contributions to the Company during his tenure of office.

The biographical details of Mr. Yiu are set out below:

Mr. Yiu, aged 65, is currently the chairman of the Hong Kong Insurance Authority, a council member and the treasurer of The Hong Kong University of Science and Technology, a board member of Airport Authority Hong Kong, and a member of the International Advisory Council of the National Financial Regulatory Administration, the Exchange Fund Advisory Committee of The Hong Kong Monetary Authority, and the Public Service Commission of the Hong Kong Special Administrative Region, and a director of Hong Kong Academy of

---

Finance. Mr. Yiu formerly served at KPMG, a global accounting firm, with his last position as the chairman and chief executive officer of KPMG China and Hong Kong as well as a member of the executive committee and the board of KPMG International and KPMG Asia Pacific. Mr. Yiu is a fellow member of the Association of Chartered Certified Accountants and the Hong Kong Institute of Certified Public Accountants.

Mr. Yiu has served as (i) an independent non-executive director of China Mobile Limited (HKEx Stock Code: 0941) since March 2017, (ii) an independent non-executive director of ANTA Sports Products Limited (HKEx Stock Code: 2020) since June 2018, and (iii) an independent non-executive director of Amer Sports, Inc. (NYSE Ticker: AS) since February 2024. He was an independent non-executive director of Hong Kong Exchanges and Clearing Limited (HKEx Stock Code: 0388) from April 2017 to April 2023.

Mr. Yiu holds a professional diploma in accountancy from The Hong Kong Polytechnic University and a master’s degree in business administration from the University of Warwick in the United Kingdom. He was awarded Justice of the Peace by the Hong Kong Special Administrative Region Government in July 2022.

Subject to election by the Shareholders at the forthcoming AGM, Mr. Yiu is expected to enter into an appointment letter with the Company for an initial term of three years commencing from the effective date of his appointment, subject to retirement by rotation and re-election in accordance with the articles of association of the Company, and his appointment as an independent non-executive Director may be automatically renewed for successive period of three years until terminated in accordance with such appointment letter. The remuneration for Mr. Yiu is yet to be determined and will be announced in the poll results announcement of the AGM.

As at the date of this announcement, Mr. Yiu was interested in 16,600 Class B ordinary shares of the Company. Save as disclosed above, Mr. Yiu does not have any other interests in the shares, underlying shares and debentures of the Company or its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, Mr. Yiu has confirmed that he (i) has not held any directorship in the last three years in other public companies the securities of which are listed on any securities market in Hong Kong or overseas, (ii) does not have any other relationships with any Directors, senior management, substantial or controlling Shareholders, and (iii) does not hold any position with the Company or other members of the Group.

Save as disclosed above, Mr. Yiu has confirmed that there is no information which is discloseable nor is/was he involved in any of the matters required to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) in relation to his election as an independent non-executive Director and there are no other matters or any other information concerning Mr. Yiu required to be brought to the attention of the Shareholders and the Company.

2

---

The nomination committee of the Board (the “Nomination Committee”), having reviewed the composition of the Board and assessed the background, experience and expertise of Mr. Yiu in accordance with the nomination policy and board diversity policy of the Company (which takes into factors such as, including without limitation, gender, age, cultural and educational background, ethnicity, geographical location, professional experience, skills, knowledge and length of service into consideration), recommended that Mr. Yiu be nominated and be proposed for election as an independent non-executive Director by the Shareholders at the AGM.

Mr. Yiu has confirmed that (a) he has satisfied all the criteria for independence as set out in Rule 3.13(1) to (8) of the Listing Rules; (b) he has no past or present financial or other interest in the business of the Group or any connection with any core connected person (as defined under the Listing Rules) of the Company; and (c) there are no other factors that may affect his independence at the time of his appointment. The Nomination Committee has also assessed and was satisfied with the independence of Mr. Yiu.

In view of the extensive knowledge and invaluable experience of Mr. Yiu, the Board has accepted the aforesaid nomination from the Nomination Committee as to the proposed election of Mr. Yiu as an independent non-executive Director by the Shareholders. It is expected that Mr. Yiu will bring important financial expertise and oversight perspective to the Board and provide new thoughts for the Company’s overall strategic planning and business development. The Board is of the view that the appointment of Mr. Yiu is in the best interests of the Company and the Shareholders as a whole.

A circular containing, inter alia, the biographical details of Mr. Yiu and a notice of the AGM will be despatched to the Shareholders in due course. An ordinary resolution will be proposed at the AGM for the Shareholders to consider and, if thought fit, approve the proposed election of Mr. Yiu as an independent non-executive Director.

(2) CHANGE IN COMPOSITION OF BOARD COMMITTEES

The Company further announces that, following Mr. Orr Gordon Robert Halyburton’s retirement,

(i) subject to Mr. Yiu being elected as an independent non-executive Director by the Shareholders at the AGM, Mr. Yiu will be appointed as a member and chairperson of the audit committee of the Company, with effect from the conclusion of the AGM; and

(ii) Ms. Yang Marjorie Mun Tak will be appointed as a member of the corporate governance committee of the Company, with effect from the conclusion of the AGM.

By order of the Board

Meituan

Wang Xing

Chairman

Hong Kong, June 4, 2026

As at the date of this announcement, the Board comprises Mr. Wang Xing and Mr. Mu Rongjun as executive Directors; and Mr. Orr Gordon Robert Halyburton, Mr. Leng Xuesong, Dr. Shum Heung Yeung Harry and Ms. Yang Marjorie Mun Tak as independent non-executive Directors.