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Meituan Declaration of Voting Results & Voting Rights Announcements 2021

Jun 23, 2021

50868_rns_2021-06-23_71a40cfb-5442-4222-a527-46b41ba442de.pdf

Declaration of Voting Results & Voting Rights Announcements

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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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(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability) (Stock code: 3690)

POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON JUNE 23, 2021

Reference is made to the circular (the “ Circular ”) of Meituan (the “ Company ”) incorporating, amongst others, the notice (the “ Notice ”) of the annual general meeting of the Company (the “ AGM ”) dated May 24, 2021. Unless the context requires otherwise, the capitalized terms used herein shall have the same meanings as those defined in the Circular.

The Board of directors (the “ Board ”) of the Company is pleased to announce that at the AGM held on June 23, 2021, the Notice of which was given to the Shareholders on May 24, 2021, all the proposed resolutions as set out in the Notice were taken by poll. The poll results in respect of the resolution proposed at the AGM are as follows:

ORDINARY RESOLUTIONS ORDINARY RESOLUTIONS ORDINARY RESOLUTIONS NUMBER OF VOTES CAST AND
PERCENTAGE (%)
NUMBER OF VOTES CAST AND
PERCENTAGE (%)
TOTAL
NUMBER
OF VOTING
SHARES
TOTAL
NUMBER OF
VOTES CAST
FOR AGAINST
1. To receive and adopt the audited
consolidated financial statements of the
Company for the year ended December
31, 2020 and the reports of the Directors
and independent auditor thereon.
Class A Shares 6,782,497,830
(100.000000%)
0
(0.000000%)
678,249,783 6,782,497,830
Class B Shares 2,147,626,670
(99.450564%)
11,865,020
(0.549436%)
2,159,491,690 2,159,491,690
TOTAL NUMBER
(CLASS A &
CLASS B)
8,930,124,500
(99.867311%)
11,865,020
(0.132689%)
2,837,741,473 8,941,989,520
2. To re-elect Mr. Wang Huiwen as an
executive Director.
Class A Shares 6,782,497,830
(100.000000%)
0
(0.000000%)
678,249,783 6,782,497,830
Class B Shares 1,729,308,075
(80.249335%)
425,610,799
(19.750665%)
2,154,918,874 2,154,918,874
TOTAL NUMBER
(CLASS A &
CLASS B)
8,511,805,905
(95.237877%)
425,610,799
(4.762123%)
2,833,168,657 8,937,416,704

1

ORDINARY RESOLUTIONS ORDINARY RESOLUTIONS ORDINARY RESOLUTIONS NUMBER OF VOTES CAST AND
PERCENTAGE (%)
NUMBER OF VOTES CAST AND
PERCENTAGE (%)
TOTAL
NUMBER
OF VOTING
SHARES
TOTAL
NUMBER OF
VOTES CAST
FOR AGAINST
3. To re-elect Mr. Lau Chi Ping Martin as a
non-executive Director.
Class A Shares 6,782,497,830
(100.000000%)
0
(0.000000%)
678,249,783 6,782,497,830
Class B Shares 1,781,831,219
(82.686696%)
373,087,655
(17.313304%)
2,154,918,874 2,154,918,874
TOTAL NUMBER
(CLASS A &
CLASS B)
8,564,329,049
(95.825554%)
373,087,655
(4.174446%)
2,833,168,657 8,937,416,704
4. To re-elect Mr. Neil Nanpeng Shen as a
non-executive Director.
Class A Shares 6,782,497,830
(100.000000%)
0
(0.000000%)
678,249,783 6,782,497,830
Class B Shares 1,768,147,513
(82.051697%)
386,771,361
(17.948303%)
2,154,918,874 2,154,918,874
TOTAL NUMBER
(CLASS A &
CLASS B)
8,550,645,343
(95.672448%)
386,771,361
(4.327552%)
2,833,168,657 8,937,416,704
5. To authorize the Board to fix the
remuneration of the Directors.
Class A Shares 6,782,497,830
(100.000000%)
0
(0.000000%)
678,249,783 6,782,497,830
Class B Shares 2,100,765,946
(97.542329%)
52,930,776
(2.457671%)
2,153,696,722 2,153,696,722
TOTAL NUMBER
(CLASS A &
CLASS B)
8,883,263,776
(99.407681%)
52,930,776
(0.592319%)
2,831,946,505 8,936,194,552
6. To grant a general mandate to the
Directors, exercisable on their behalf by
Mr. Wang Xing, to allot, issue and deal
with additional Class B shares of the
Company not exceeding 20% of the total
number of issued shares of the Company
as at the date of passing of this resolution
(the “Issuance Mandate”).
Class A Shares 6,782,497,830
(100.000000%)
0
(0.000000%)
678,249,783 6,782,497,830
Class B Shares 918,925,463
(42.634376%)
1,236,437,283
(57.365624%)
2,155,362,746 2,155,362,746
TOTAL NUMBER
(CLASS A &
CLASS B)
7,701,423,293
(86.166295%)
1,236,437,283
(13.833705%)
2,833,612,529 8,937,860,576
7. To grant a general mandate to the
Directors, exercisable on their behalf by
Mr. Wang Xing, to repurchase shares
of the Company not exceeding 10% of
the total number of issued shares of the
Company as at the date of passing of this
resolution (the “Repurchase Mandate”).
Class A Shares 6,782,497,830
(100.000000%)
0
(0.000000%)
678,249,783 6,782,497,830
Class B Shares 2,147,522,295
(99.636462%)
7,835,551
(0.363538%)
2,155,357,846 2,155,357,846
TOTAL NUMBER
(CLASS A &
CLASS B)
8,930,020,125
(99.912333%)
7,835,551
(0.087667%)
2,833,607,629 8,937,855,676

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ORDINARY RESOLUTIONS ORDINARY RESOLUTIONS ORDINARY RESOLUTIONS NUMBER OF VOTES CAST AND
PERCENTAGE (%)
NUMBER OF VOTES CAST AND
PERCENTAGE (%)
TOTAL
NUMBER
OF VOTING
SHARES
TOTAL
NUMBER OF
VOTES CAST
FOR AGAINST
8. Conditional upon the passing of
resolutions numbered 6 and 7, to extend
the general Issuance Mandate granted to
the Directors to issue, allot and deal with
additional shares in the capital of the
Company by the aggregate number of the
shares repurchased by the Company.
Class A Shares 6,782,497,830
(100.000000%)
0
(0.000000%)
678,249,783 6,782,497,830
Class B Shares 955,324,493
(44.340543%)
1,199,192,385
(55.659457%)
2,154,516,878 2,154,516,878
TOTAL NUMBER
(CLASS A &
CLASS B)
7,737,822,323
(86.581734%)
1,199,192,385
(13.418266%)
2,832,766,661 8,937,014,708
9. To re-appoint PricewaterhouseCoopers
as auditor of the Company to hold
office until the conclusion of the next
annual general meeting of the Company
and to authorize the Board to fix their
remuneration for the year ending
December 31, 2021.
Class A Shares 678,249,783
(100.000000%)
0
(0.000000%)
678,249,783 678,249,783
Class B Shares 2,112,780,996
(98.024604%)
42,576,850
(1.975396%)
2,155,357,846 2,155,357,846
TOTAL NUMBER
(CLASS A &
CLASS B)
2,791,030,779
(98.497433%)
42,576,850
(1.502567%)
2,833,607,629 2,833,607,629
10(a). To approve the subscription agreement
(the “Tencent Subscription Agreement”)
dated April 19, 2021 and entered into
by the Company as issuer and Tencent
Mobility Limited (“Tencent”) as
subscriber in relation to the subscription
of 11,352,600 new Shares (the “Tencent
Subscription Shares”) at the subscription
price of HK$273.80 per Share.
Class A Shares 6,782,497,830
(100.000000%)
0
(0.000000%)
678,249,783 6,782,497,830
Class B Shares 2,150,126,143
(99.832693%)
3,603,342
(0.167307%)
2,153,729,485 2,153,729,485
TOTAL NUMBER
(CLASS A &
CLASS B)
8,932,623,973
(99.959677%)
3,603,342
(0.040323%)
2,831,979,268 8,936,227,315
10(b). To approve the grant of a specific
mandate to the directors of the Company
to exercise all the powers of the Company
to allot and issue the Tencent Subscription
Shares, subject to and in accordance with
the terms and conditions set out in the
Tencent Subscription Agreement.
Class A Shares 6,782,497,830
(100.000000%)
0
(0.000000%)
678,249,783 6,782,497,830
Class B Shares 2,153,338,377
(99.981840%)
391,108
(0.018160%)
2,153,729,485 2,153,729,485
TOTAL NUMBER
(CLASS A &
CLASS B)
8,935,836,207
(99.995623%)
391,108
(0.004377%)
2,831,979,268 8,936,227,315

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ORDINARY RESOLUTIONS ORDINARY RESOLUTIONS ORDINARY RESOLUTIONS NUMBER OF VOTES CAST AND
PERCENTAGE (%)
NUMBER OF VOTES CAST AND
PERCENTAGE (%)
TOTAL
NUMBER
OF VOTING
SHARES
TOTAL
NUMBER OF
VOTES CAST
FOR AGAINST
10(c). To authorize any one Director of the
Company to sign, execute, perfect and
deliver all such documents and deeds,
and do all such acts, matters and things
as are, in the opinion of such director of
the Company, desirable or expedient to
give effect to the Tencent Subscription
Agreement, all the transactions
contemplated thereunder and/or any
matter ancillary or incidental thereto
(including without limitation the allotment
and issue of the Tencent Subscription
Shares pursuant thereto), to agree to
such variations, amendments or waivers
to or of any of the provisions of the
Tencent Subscription Agreement and all
documents ancillary or incidental thereto
as are, in the opinion of such director of
the Company, not of a material nature
and in the interest of the Company, and
to effect or implement any other matter
referred to in this resolution.
Class A Shares 6,782,497,830
(100.000000%)
0
(0.000000%)
678,249,783 6,782,497,830
Class B Shares 2,154,840,136
(99.977831%)
477,810
(0.022169%)
2,155,317,946 2,155,317,946
TOTAL NUMBER
(CLASS A &
CLASS B)
8,937,337,966
(99.994654%)
477,810
(0.005346%)
2,833,567,729 8,937,815,776
SPECIAL RESOLUTION NUMBER OF VOTES CAST AND
PERCENTAGE (%)
TOTAL
NUMBER
OF VOTING
SHARES
TOTAL
NUMBER OF
VOTES CAST
FOR AGAINST
11. To amend the Memorandum and Articles
of Association to update the name of the
Company from “Meituan Dianping” to
“Meituan”.
Class A Shares 678,249,783
(100.000000%)
0
(0.000000%)
678,249,783 678,249,783
Class B Shares 2,155,218,602
(99.993540%)
139,244
(0.006460%)
2,155,357,846 2,155,357,846
TOTAL NUMBER
(CLASS A &
CLASS B)
2,833,468,385
(99.995086%)
139,244
(0.004914%)
2,833,607,629 2,833,607,629

Notes:

  • (a) As a majority of the votes were cast in favour of each of the resolutions numbered 1 to 10, such resolutions were duly passed as ordinary resolutions.

  • (b) As more than 75% of votes were cast in favour of resolution numbered 11, such resolution was duly passed as special resolution of the Company.

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  • (c) As at the date of the AGM, the total number of issued Shares was 6,111,354,010 Shares, comprising 678,249,783 Class A Shares and 5,433,104,227 Class B Shares.

  • (d) As set out in the Circular, Tencent and its associates were required to abstain from voting on the resolution(s) to approve the Tencent Subscription Agreement, the connected transaction contemplated thereunder and the requisite specific mandate at the AGM. Accordingly, Tencent and its associates, who held a total of 1,042,817,781 Class B Shares at the date of the AGM, did abstain from voting on resolutions 10 at the AGM.

  • (e) Save as disclosed above, there was no Shareholder that was required to abstain from voting in respect of the resolutions at the AGM and none of the Shareholders have stated their intention in the Circular to vote against or to abstain from voting on any of the resolutions proposed at the AGM. There were no Shares entitling the holders to attend and abstain from voting in favour of any resolution at the AGM as set out in Rule 13.40 of the Listing Rules.

  • (f) Accordingly, the total number of shares of the Company entitling the holder to attend and vote for or against the resolution(s) numbered 1 to 9 and 11 was 6,111,354,010 Shares, comprising 678,249,783 Class A Shares and 5,433,104,227 Class B Shares; numbered 10 was 5,068,536,229 Shares, comprising 678,249,783 Class A Shares and 4,390,286,446 Class B Shares as at the date of the AGM.

  • (g) According to the Articles of Association, each Class A Share shall entitle its holder to ten votes and each Class B Share shall entitle its holder to one vote in respect of the resolutions numbered 1 to 8 and 10 on the proposed receipt and adoption of the audited consolidated financial statements, reports of Directors and independent auditor, the proposed re-election of an executive Director, the proposed re-election of non-executive Directors, the proposed authority for the Board to fix the remuneration of the Directors, the proposed Issuance Mandate (including the extended Issuance Mandate), the proposed Repurchase Mandate and the Tencent Subscription Agreement and the connected transaction contemplated thereunder. Each Class A Share and each Class B Share shall entitle its holder to one vote on a poll at the AGM in respect of the resolutions numbered 9 and 11 on the proposed re-appointment of auditor and the proposed amendment to the memorandum and articles of association.

  • (h) The Company’s share registrar, Computershare Hong Kong Investor Services Limited, acted as the scrutineer for the vote-taking at the AGM.

By Order of the Board Meituan Wang Xing Chairman

Hong Kong, June 23, 2021

As at the date of this announcement, the Board of Directors of the Company comprises Mr. Wang Xing as Chairman and Executive Director, Mr. Mu Rongjun and Mr. Wang Huiwen as Executive Directors, Mr. Lau Chi Ping Martin and Mr. Neil Nanpeng Shen as Non-executive Directors, and Mr. Orr Gordon Robert Halyburton, Mr. Leng Xuesong and Dr. Shum Heung Yeung Harry as Independent Non-executive Directors.

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