THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

If you are in any doubt as to any aspect of this circular or as to what action to take in relation to this circular, you should consult your stockbroker or other registered dealer in securities, bank manager, solicitor, professional public accountant or other professional adviser.

If you have sold or transferred all your shares in Poly Property Services Co., Ltd., you should at once hand this circular, together with the enclosed proxy form, to the purchaser(s) or transferee(s) or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser(s) or transferee(s).

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, 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 circular.

你利物业

POLY PROPERTY SERVICES CO., LTD.

保利物業服務股份有限公司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 06049)

(1) 2025 Report of the Board of Directors
(2) 2025 Audited Consolidated Financial Statements
(3) 2025 Annual Report
(4) Profit Distribution Plan for 2025
(5) Re-appointment of Auditors for 2026
(6) Election of the New Session of the Board
(7) Grant of the General Mandate to the Board to Issue Shares
(8) Grant of the General Mandate to the Board to Repurchase H Shares
and
Notice of the 2025 Annual General Meeting

A notice convening the AGM of Poly Property Services Co., Ltd. to be held on Friday, 29 May 2026, at 9:30 a.m. at the Conference Room, 2nd Floor, Poly Plaza, No. 832 Yue Jiang Zhong Road, Hai Zhu District, Guangzhou, Guangdong Province, the PRC is set out on pages GM-1 to GM-3 of this circular. A proxy form for use at the AGM is enclosed in this circular. Such proxy form is also published on the designated website of the Stock Exchange (www.hkexnews.hk) and the website of the Company (www.polywuye.com).

Shareholders who intend to appoint a proxy to attend the AGM shall complete and return the enclosed proxy form in accordance with the instructions printed thereon not less than 24 hours before the time fixed for holding the AGM or any adjournment thereof (as the case may be). Completion and return of the proxy form will not preclude Shareholders from attending and voting in person at the AGM if they so wish.

7 May 2026

CONTENTS

Page

DEFINITIONS 1

LETTER FROM THE BOARD 4
1. INTRODUCTION 4
2. BUSINESSES TO BE CONSIDERED AT THE AGM 5
3. AGM AND PROXY ARRANGEMENT 12
4. VOTING BY POLL 13
5. RECOMMENDATION 13
6. FURTHER INFORMATION 13

APPENDIX I - BIOGRAPHIES AND RELEVANT INFORMATION OF CANDIDATES FOR DIRECTORS. I-1

APPENDIX II - EXPLANATORY STATEMENT ON REPURCHASE MANDATE II-1

NOTICE OF THE 2025 ANNUAL GENERAL MEETING. GM-1

DEFINITIONS

In this circular, unless the context otherwise requires, the following expressions shall have the following meanings:

“2025 Annual Report”
the annual report of the Company for the year ended 31 December 2025, which has been published on the designated website of the Stock Exchange (www.hkexnews.hk) and the website of the Company (www.polywuye.com)

“2025 Audited Consolidated Financial Statements”
the audited consolidated financial statements of the Group for the year ended 31 December 2025, which are set out in the 2025 Annual Report of the Company

“2025 Report of the Board of Directors”
the report of the Board for the year ended 31 December 2025, which is set out in the 2025 Annual Report of the Company

“AGM” or “Annual General Meeting”
the annual general meeting of the Company to be held on Friday, 29 May 2026 at 9:30 a.m. at the Conference Room, 2nd Floor, Poly Plaza, No. 832 Yue Jiang Zhong Road, Hai Zhu District, Guangzhou, Guangdong Province, the PRC to consider and, if appropriate, to approve the resolutions contained in the notice of the meeting which is set out on pages GM-1 to GM-3 of this circular, or any adjournment thereof

“Articles of Association”
the articles of association of the Company currently in force

“BDO”
BDO Limited (香港立信德豪會計師事務所有限公司)

“BDO China”
BDO China SHU LUN PAN Certified Public Accountants LLP (立信會計師事務所(特殊普通合夥))

“Board”
the board of Directors of the Company

“China” or the “PRC”
the People’s Republic of China, but for the purpose of this circular and for geographical reference only and except where the context otherwise requires, references in this circular to “China” and the “PRC” do not include Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan Region of the PRC

DEFINITIONS

"Company"
Poly Property Services Co., Ltd., a joint stock company incorporated in the PRC with limited liability, the H Shares of which are listed on the Main Board of the Stock Exchange

"Director(s)"
the director(s) of the Company

"Domestic Share(s)"
ordinary shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and paid up in Renminbi

"Domestic Shareholder(s)"
the holder(s) of Domestic Share(s)

"General Mandate to Issue Shares"
a general mandate to be granted to the Board for exercising the power of the Company to issue (including sale or transfer of treasury shares) Shares not exceeding 20% of the number of Shares in issue (excluding treasury shares) on the date of passing the related resolution, subject to the conditions set out in the resolution proposed at the AGM for approving the general mandate

"General Mandate to Repurchase H Shares"
a general mandate to be granted to the Board for exercising the power of the Company to repurchase H Shares not exceeding 10% of the total number of H Shares in issue (excluding treasury shares) on the date of passing the related resolution, subject to the conditions set out in the resolution proposed at the AGM for approving the general mandate

"Group"
the Company and its subsidiaries

"H Share(s)"
overseas listed foreign shares in the ordinary share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong dollars and listed on the Main Board of the Stock Exchange

"H Shareholder(s)"
the holder(s) of H Share(s)

"Hong Kong"
the Hong Kong Special Administrative Region of the PRC

"Hong Kong dollars"
Hong Kong dollars, the lawful currency of Hong Kong

"Latest Practicable Date"
30 April 2026, being the latest practicable date prior to the printing of this circular for ascertaining certain information in this circular

DEFINITIONS

“Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange

“Poly Developments and Holdings” Poly Developments and Holdings Group Co., Ltd. (保利發展控股集團股份有限公司), a joint stock company incorporated in the PRC with limited liability, whose shares are listed on the Main Board of the Shanghai Stock Exchange (Stock Code: 600048). Poly Developments and Holdings is a controlling shareholder of the Company

“Poly Developments and Holdings Group” Poly Developments and Holdings and its subsidiaries (excluding the Group)

“Poly Southern” Poly Southern Group Co., Ltd. (保利南方集團有限公司)

“RMB” or “Renminbi” Renminbi, the lawful currency of the PRC

“Share(s)” ordinary shares in the share capital of the Company, with a nominal value of RMB1.00 each, comprising Domestic Shares and H Shares

“Shareholder(s)” holder(s) of Share(s)

“Stock Exchange” or “Hong Kong Stock Exchange” The Stock Exchange of Hong Kong Limited

“Takeovers Code” the Hong Kong Code on Takeovers and Mergers and Share Buy-Backs

“%” per cent

In this circular, terms such as “controlling shareholder”, “subsidiary” and “substantial shareholder” shall have the meanings given to such terms in the Listing Rules, unless the context otherwise requires.

The English names of Chinese entities included in this circular are unofficial translations of their Chinese names and are included for identification purposes only.

LETTER FROM THE BOARD

休利物业

POLY PROPERTY SERVICES CO., LTD.

保利物業服務股份有限公司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 06049)

Executive Directors:

Ms. Wu Lanyu (Chairman)

Mr. Wang Yingnan (General Manager)

Non-executive Directors:

Mr. Liu Ping

Mr. Liu Zhihui

Independent Non-executive Directors:

Mr. Wang Xiaojun

Ms. Tan Yan

Mr. Zhang Liqing

Registered office and principal place of business in the PRC:

48-49/F, Poly Plaza

No. 832 Yue Jiang Zhong Road

Hai Zhu District, Guangzhou

Guangdong Province, the PRC

Principal place of business in Hong Kong:

40/F, Dah Sing Financial Centre

248 Queen's Road East

Wanchai, Hong Kong

7 May 2026

To the Shareholders

Dear Sir/Madam,

(1) 2025 Report of the Board of Directors

(2) 2025 Audited Consolidated Financial Statements

(3) 2025 Annual Report

(4) Profit Distribution Plan for 2025

(5) Re-appointment of Auditors for 2026

(6) Election of the New Session of the Board

(7) Grant of the General Mandate to the Board to Issue Shares

(8) Grant of the General Mandate to the Board to Repurchase H Shares

and

Notice of the 2025 Annual General Meeting

1. INTRODUCTION

The purpose of this circular is to provide you with the notice of the AGM and the information reasonably necessary to enable you to make an informed decision on whether to vote for or against the proposed resolutions at the AGM.

LETTER FROM THE BOARD

At the AGM, ordinary resolutions will be proposed as follows:

(1) to consider and approve the 2025 Report of the Board of Directors;
(2) to consider and approve the 2025 Audited Consolidated Financial Statements;
(3) to consider and approve the 2025 Annual Report;
(4) to consider and approve the profit distribution plan for 2025;
(5) to consider and approve the re-appointment of auditors for 2026; and
(6) to consider and approve the election of the new session of the Board.

At the AGM, special resolutions will be proposed as follows:

(7) to consider and approve the grant of the General Mandate to the Board to issue Shares; and
(8) to consider and approve the grant of the General Mandate to the Board to Repurchase H Shares.

In order to enable you to have a better understanding of the resolutions to be proposed at the AGM and to make an informed decision in the circumstance where sufficient and necessary information is available, the Company provided the Shareholders with detailed information in this circular.

2. BUSINESSES TO BE CONSIDERED AT THE AGM

2.1 To consider and approve the 2025 Report of the Board of Directors

The text of the 2025 Report of the Board of Directors is set out in the section headed "Report of the Board of Directors" in the 2025 Annual Report.

The 2025 Report of the Board of Directors was considered and approved by the Board on 31 March 2026 and is hereby proposed at the AGM for consideration and approval.

2.2 To consider and approve the 2025 Audited Consolidated Financial Statements

The 2025 Audited Consolidated Financial Statements are set out in the 2025 Annual Report.

The 2025 Audited Consolidated Financial Statements were considered and approved by the Board on 31 March 2026 and are hereby proposed at the AGM for consideration and approval.

LETTER FROM THE BOARD

2.3 To consider and approve the 2025 Annual Report

The 2025 Annual Report was considered and approved by the Board on 31 March 2026 and is hereby proposed at the AGM for consideration and approval.

2.4 To consider and approve the profit distribution plan for 2025

The profit distribution plan for 2025 was considered and approved by the Board on 31 March 2026, and the Board proposed the distribution of an annual dividend of RMB1.401 per Share (tax inclusive) for the year ended 31 December 2025 (the “Annual Dividend”). The profit distribution plan shall be subject to the consideration and approval of the Shareholders at the AGM. The Annual Dividend payable to the Domestic Shareholders, Shareholders investing in H Shares through the Shanghai Stock Exchange or the Shenzhen Stock Exchange (“Southbound Trading”) and Shareholders holding H Shares through the H Share “Full Circulation” shall be paid in Renminbi and the Annual Dividend payable to the remaining H Shareholders shall be declared in Renminbi and paid in Hong Kong dollars, the exchange rate of which will be calculated based on the average exchange rate of Renminbi against Hong Kong dollars published by the People’s Bank of China five business days prior to the AGM. Upon approval at the AGM, the Annual Dividend will be paid on or before Wednesday, 15 July 2026.

Subject to the approval of the Shareholders at the AGM, the Annual Dividend will be distributed to the Shareholders whose names appear on the register of members of the Company at the close of business on Friday, 5 June 2026. For the purpose of determining the entitlement of the H Shareholders of the Company to the Annual Dividend, the H Share register of members of the Company will be closed from Thursday, 4 June 2026 to Friday, 5 June 2026, both days inclusive, during which period no transfer of H Shares will be registered. In order for H Shareholders to qualify for the proposed Annual Dividend, all properly completed share transfer forms together with the relevant share certificates must be lodged with the Company’s H Share Registrar, Tricor Investor Services Limited, at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong for registration not later than 4:30 p.m. on Wednesday, 3 June 2026.

Pursuant to the Enterprise Income Tax Law of the PRC (《中華人民共和國企業所得稅法》）which came into effect on 1 January 2008, and amended on 24 February 2017 and 29 December 2018, the Provision for Implementation of Enterprise Income Tax Law of the PRC (《中華人民共和國企業所得稅法實施條例》), which took effect on 1 January 2008 and amended on 23 April 2019 and 6 December 2024, and the Notice on the Issues Concerning Withholding the Enterprise Income Tax on the Dividends Paid by Chinese Resident Enterprise to H Shareholders which are Overseas Non-resident Enterprises (Guo Shui Han [2008] No. 897) (《關於中國居民企業向境外H股非居民企業股東派發股息代扣代繳企業所得稅有關問題的通知》(國稅函[2008]897號)), which was promulgated by the State Administration of Taxation and came into effect on 6 November 2008, etc., where a PRC domestic enterprise distributes dividends for 2008 and subsequent years for financial periods beginning from 1 January 2008 to non-resident enterprise shareholders, it is required to withhold 10% enterprise income tax for such non-resident enterprise

LETTER FROM THE BOARD

shareholders. Therefore, as a PRC domestic enterprise, the Company will, after withholding 10% of the annual dividend as enterprise income tax, distribute the annual dividend to non-resident enterprise Shareholders whose names appear on the H Share register of members of the Company, i.e. any Shareholders who hold H Shares in the name of non-individual shareholders, including but not limited to HKSCC Nominees Limited, other nominees, trustees, or H Shareholders registered in the name of other organisations and groups. After receiving dividends, the non-resident enterprise Shareholders may apply to the competent tax authorities for enjoying treatment of taxation treaties (arrangement) in person or by proxy or by the Company and provide information to prove that they are actual beneficiaries under the requirements of such taxation treaties (arrangement). After the competent tax authorities have verified that there is no error, it shall refund the tax difference between the amount of tax levied and the amount of tax payable calculated at the tax rate under the requirements of the relevant taxation treaties (arrangement).

On 28 June 2011, the State Administration of Taxation promulgated the Notice on the Issues on Levy of Individual Income Tax after the Abolishment of Guo Shui Fa [1993] No. 045 Document (Guo Shui Han [2011] No. 348) (《關於國稅發[1993]045號文件廢止後有關個人所得稅徵管問題的通知》(國稅函[2011]348號)) (the “No. 348 Circular”). Pursuant to the No. 348 Circular, foreign resident individual shareholders holding the shares of a domestic non-foreign-invested enterprise issued in Hong Kong are entitled to the relevant preferential tax treatments pursuant to the provisions in the tax treaties between the country(ies) in which they are domiciled and the PRC, and the tax arrangements between the PRC and Hong Kong or Macau. Pursuant to the No. 348 Circular, individual income tax at a tax rate of 10% may in general be withheld in respect of the dividend and bonus to be distributed by the domestic non-foreign-invested enterprises whose shares have been issued in Hong Kong, without the need to make any application for preferential tax treatments. However, the tax rate for each foreign resident individual shareholder may vary depending on the relevant tax treaties between the country(ies) of their domicile and the PRC.

Pursuant to the relevant requirements under the Notice on the Tax Policies Related to the Pilot Program of the Shenzhen-Hong Kong Stock Connect (Cai Shui [2016] No. 127) (《關於深港股票市場交易互聯互通機制試點有關稅收政策的通知》(財稅[2016]127號)) and the Notice on the Tax Policies Related to the Pilot Program of the Shanghai-Hong Kong Stock Connect (Cai Shui [2014] No. 81) (《關於滬港股票市場交易互聯互通機制試點有關稅收政策的通知》(財稅[2014]81號)), for dividends and bonus received by domestic individual investors from investing in H shares listed on the Stock Exchange through Southbound Trading, the company that issued such H shares shall withhold individual income tax at the rate of 20% on behalf of the investors. For dividends and bonuses received by domestic securities investment funds from investing in shares listed on the Stock Exchange through Southbound Trading, the tax payable shall be the same as that for individual investors. The company that issued such H shares will not withhold the income tax for dividends and bonus on behalf of domestic enterprise investors and those domestic enterprise investors shall declare and pay the relevant tax themselves.

LETTER FROM THE BOARD

2.5 To consider and approve the re-appointment of auditors for 2026

The term of office of both BDO and BDO China will expire upon the 2025 AGM. In order to maintain the continuity of the work, the Board recommends the re-appointment of BDO and BDO China as the overseas auditor and domestic auditor of the Company for 2026, respectively, for a term until the conclusion of the next annual general meeting.

The estimated audit fee payable to BDO and BDO China for the audit of the consolidated financial statements of the Group for the financial year ending 31 December 2026 (audit services) is expected to range from approximately RMB2.61 million to RMB2.89 million.

The estimated audit fee has been determined after due consideration and arm's length negotiations between the Company and BDO and BDO China, taking into account, among other things, the size, nature and complexity of the Group's business operations, the expected scope of the audit, the audit timetable, and the level and mix of professional staff to be deployed.

The estimated audit fee also assumes that there will be no material change in the Group's operations, accounting policies or regulatory environment during the financial year, and that the Company will provide timely and adequate assistance and information as reasonably required for the purposes of the audit. Unless there is material change in the aforementioned basis or assumptions, the final audit fee is not expected to differ materially from the estimated amount initially disclosed. In the event of any material change, the Company will make further disclosure as appropriate.

Such resolution was considered and approved by the Board on 31 March 2026 and is hereby proposed at the AGM for consideration and approval (including approving the Board to authorise the management to determine their remunerations and entering into the relevant agreements).

2.6 To consider and approve the election of the new session of the Board

Reference is made to the announcement of the Company dated 31 March 2026 in relation to the election of the new session of the Board.

The Company has completed the nomination process of the directors to be proposed for the fourth session of the board of directors. The Board has resolved to nominate Mr. Liu Ping and Mr. Liu Zhihui as the proposed non-executive Directors of the fourth session of the Board; Ms. Wu Lanyu and Mr. Wang Yingnan as the proposed executive Directors of the fourth session of the Board; and Mr. Wang Xiaojun, Ms. Tan Yan and Mr. Zhang Liqing as the proposed independent non-executive Directors of the fourth session of the Board. In accordance with the Articles of Association of the Company, the term of office of the fourth session of the Board shall be three years. The term of office of each Director shall become effective from the date of approval by the Shareholders at the AGM until the expiration of the term of office of the fourth session of the Board.

LETTER FROM THE BOARD

Such resolution was considered and approved by the Board on 31 March 2026 and is hereby proposed at the AGM for consideration, vote and approval item by item (including authorising the Board to determine the remuneration of the Directors and enter into the relevant agreements). Upon approval of the resolutions in relation to the election of the new session of the Board by the Shareholders at the AGM, the Company will enter into or renew the service contract with each Director. Upon obtaining the authorisation at the AGM, the Board will determine the remuneration of the Directors with reference to the relevant rules of the Company. Subject to the approval of such resolutions by the Shareholders at the AGM, Mr. Liu Ping, Mr. Liu Zhihui, Ms. Wu Lanyu and Mr. Wang Yingnan will not receive any director’s fees from the Company during their terms of office as Directors of the Company, and they will receive corresponding remunerations according to their specific management positions in the Company (if any).

The biographies and relevant information of the proposed Directors for the fourth session of the Board as of the Latest Practicable Date are set out in Appendix I to this circular.

2.7 To consider and approve the grant of the General Mandate to the Board to Issue Shares

In order to meet the Company’s business development needs and with reference to market practices, to ensure that the Company provides the Board with discretion and flexibility to issue new Shares as and when appropriate, and in accordance with the applicable laws and regulations of the PRC, the Listing Rules and the Articles of Association, the Company proposes to grant a general mandate to the Board by way of resolution at the AGM to approve, allot, issue or deal with (including sale or transfer of treasury shares) Shares not exceeding 20% of the number of Shares in issue (excluding treasury shares).

As of the Latest Practicable Date, the issued share capital of the Company comprised 206,333,310 Domestic Shares and 347,000,090 H Shares, and the Company held no treasury shares. Subject to the passing of the resolution related to the general mandate and based on the assumption that no new Shares will be issued before the AGM, the Company will be allowed to issue a maximum of 110,666,680 Shares (Domestic Shares and/or H Shares) in accordance with the general mandate.

(A) Specific plans on the general mandate:

(a) Subject to the conditions set out in (b) below, the Board is hereby authorised to approve, allot, issue or deal with Shares (Domestic Shares and/or H Shares), securities convertible into Shares, and options, warrants to subscribe for any Shares or convertible into Shares or other securities with the right to subscribe for or convert into Shares, as well as to sell or transfer any treasury shares, separately or at the same time during the Relevant Period (as defined below).

LETTER FROM THE BOARD

(b) The Board is hereby authorised to approve, allot, issue or deal with Shares (Domestic Shares and/or H Shares), securities convertible into Shares, or options, warrants to subscribe for any Shares or convertible into Shares or other securities with the right to subscribe for or convert into Shares (which shall be calculated on the basis of the number of Domestic Shares and/or H Shares that such securities can be converted into/be allotted) and the number of treasury shares sold or transferred, in the amount not exceeding 20% of the number of Shares in issue (excluding treasury shares) of the Company on the date of passing such resolution at the AGM.

(c) The Board is hereby authorised to determine the details of the issuance plan, including but not limited to: (1) the class and number of Shares proposed to be allotted, issued or dealt with (including sale or transfer of treasury shares); (2) the pricing method and/or the offer price (including the price range); (3) the date of opening and closing of the issuance; (4) the target group of the issuance of the new Shares/transfer of treasury shares; (5) the class and number of new Shares to be issued/treasury shares to be transferred to the existing shareholders; (6) the specific use of the proceeds raised; (7) the recommendation, agreement and share options to be made or granted for the exercise of the said power; and (8) other content to be included in the details of the issuance plan as required by the relevant laws and regulations and other regulatory documents, the relevant regulatory authorities and the local stock exchange where the Company is listed.

(d) The Board is hereby authorised to implement the issuance plan and deal with the matters related to an increase in the registered capital of the Company so as to reflect the Shares authorised to be issued by the Company under this resolution, and to make such amendments as it deems appropriate and necessary to the provisions related to the issuance of Shares and registered capital in the Articles of Association, and to adopt and complete any other actions and procedures that are necessary for the implementation of the issuance plan and the completion of the increase in the registered capital of the Company.

(e) The Board is hereby authorised to consider, approve and sign any document, complete any procedure and take any other step necessary to complete the allotment, issue and listing of new Shares (including sale or transfer of treasury shares), including but not limited to submission of any statutory document in connection with the allotment, issue and listing to the relevant regulatory authorities; to perform the relevant approval procedures according to the requirements of the regulatory authorities and the place of listing of the Company and to amend any such document to be executed according to the requirements of the regulatory authorities.

LETTER FROM THE BOARD

For the purpose of this resolution, “Relevant Period” means the period from the date on which this special resolution is passed at the AGM until the earliest of: (1) the conclusion of the next annual general meeting of the Company following the date of passing of this resolution; and (2) the date on which the authority granted to the Board under this resolution is revoked or varied by a special resolution of the Shareholders at a general meeting.

(B) Relevant mandate

In order to enhance the efficiency of decision-making, reduce internal approval procedures and grasp market opportunities, the General Mandate to Issue Shares is proposed to the Shareholders’ general meeting for approval to authorise the Board and any person(s) as may be delegated by the Board to deal with the specific matters in relation to the issuance of Shares under the general mandate.

2.8 To consider and approve the grant of the General Mandate to the Board to Repurchase H Shares

In order to grasp market opportunities and with reference to market practices, to ensure that the Company provides the Board with discretion and flexibility to repurchase Shares as and when appropriate, and in accordance with the applicable laws and regulations of the PRC, the Listing Rules and the Articles of Association, the Company proposes to grant a general mandate to the Board by way of resolution at the AGM to repurchase not exceeding 10% of the total number of H Shares in issue (excluding treasury shares). As of the Latest Practicable Date, the issued share capital of the Company comprised 206,333,310 Domestic Shares and 347,000,090 H Shares, and the Company held no treasury shares. Subject to the passing of the resolution to approve the general mandate and based on the assumption that no new Shares will be issued before the AGM, the Company will be allowed to repurchase a maximum of 34,700,009 H Shares under the general mandate.

(A) Specific plans on the general mandate:

(a) The Board is hereby unconditionally authorised to repurchase, during the Relevant Period (as defined below), not more than 10% of the total number of H Shares (excluding treasury shares) of the Company in issue as at the date of passing such resolution at the AGM depending on market conditions and in accordance with the needs of the Company.

(b) The Board is hereby authorised to determine the specific plan to, including but not limited to: (1) formulate and implement the specific repurchase plan, including but not limited to determining the repurchase price, the number of shares to be repurchased, etc., the timing/time of the repurchase and the period for the repurchase; (2) notify creditors and issue public announcements (if applicable) pursuant to the requirements of the Company Law of the People’s Republic of China and other relevant laws, regulations and regulatory documents, as well as the requirements of the Articles of Association; (3) open overseas share accounts and money accounts and to carry out related changes of foreign exchange registration procedures; (4) fulfill the relevant approval or

LETTER FROM THE BOARD

filing procedures in accordance with the requirements of the regulatory authorities and the place of listing of the Company (if applicable); (5) according to the actual circumstances of the repurchase, proceed with the transfer or cancellation of the repurchased Shares, to make amendments to the Articles of Association in relation to the total amount of share capital, registered capital, shareholding structure and other relevant contents, and to comply with the domestic and overseas statutory registration and filing formalities in connection with the repurchase; and (6) execute other documents and deal with other matters in relation to the repurchase of Shares.

(B) Relevant mandate

In order to enhance the efficiency of decision-making, reduce internal approval procedures and grasp market opportunities, the General Mandate to Repurchase H Shares is proposed to the shareholders' general meeting for approval to authorize the Board and any person(s) as may be delegated by the Board to deal with matters in relation to the repurchase of H Shares under the general mandate.

Details of this resolution are set out in Appendix II to this circular. The explanatory statement provides reasonable and requisite information for Shareholders to make an informed decision on whether to vote for or against the grant of the General Mandate to Repurchase H Shares.

3. AGM AND PROXY ARRANGEMENT

The proxy form of the AGM is enclosed herewith.

If you intend to appoint a proxy to attend the AGM, you are required to complete and return the accompanying proxy form in accordance with the instructions printed thereon by personal delivery or by post not less than 24 hours before the time fixed for holding the AGM or any adjourned meeting thereof. H Shareholders are required to return the proxy form to the Company's H Share Registrar, Tricor Investor Services Limited, at 17/F., Far East Finance Centre, 16 Harcourt Road, Hong Kong and the Domestic Shareholders are required to return the proxy form to the Company's principal place of business in the PRC at 48-49/F, Poly Plaza, No. 832 Yue Jiang Zhong Road, Hai Zhu District, Guangzhou, Guangdong Province, the PRC. Completion and return of the proxy form will not preclude you from attending and voting in person at the AGM or at any adjourned meeting should you so wish.

For the purpose of determining the Shareholders' eligibility to attend and vote at the AGM (and any adjourned meeting thereof), the H Share register of members of the Company will be closed from Tuesday, 26 May 2026 to Friday, 29 May 2026, both days inclusive, during which period no transfer of H Shares will be registered. In order for the H Shareholders to qualify for

LETTER FROM THE BOARD

attending and voting at the AGM, all properly completed share transfer forms together with the relevant H Share certificates shall be lodged with the Company's H Share Registrar, Tricor Investor Services Limited, at 17/F., Far East Finance Centre, 16 Harcourt Road, Hong Kong for registration not later than 4:30 p.m. on Friday, 22 May 2026. Shareholders whose names appear on the register of members of the Company on Friday, 29 May 2026 are entitled to attend and vote at the AGM.

4. VOTING BY POLL

According to Rule 13.39(4) of the Listing Rules, any vote of Shareholders at the AGM must be taken by poll. Accordingly, the chairman of the AGM will exercise his power under the Articles of Association to demand a poll in relation to all the proposed resolutions at the AGM. The Company will announce the results of the poll in the manner prescribed under Rule 13.39(5) of the Listing Rules.

5. RECOMMENDATION

The Board (including independent non-executive Directors) considers that all resolutions proposed at the AGM are fair and reasonable and in the best interests of the Company and the Shareholders as a whole. Accordingly, the Board recommends the Shareholders to vote in favour of the proposed resolutions at the AGM.

6. FURTHER INFORMATION

Your attention is drawn to other parts of this circular, which contain further information on the Group and other information required to be disclosed under the Listing Rules.

Yours faithfully,

By Order of the Board

POLY PROPERTY SERVICES CO., LTD.

Wu Lanyu

Chairman of the Board and Executive Director

13 -

APPENDIX I

BIOGRAPHIES AND RELEVANT INFORMATION OF CANDIDATES FOR DIRECTORS

Mr. Liu Ping (劉平), aged 57, is a non-executive Director. Mr. Liu was appointed as non-executive Director of the Company on 9 October 2020. He is currently a member of each of the nomination committee and strategy and sustainability committee of the Board.

Mr. Liu has successively held key positions including the section chief of a branch of the Guangdong Audit Office (廣東省審計廳), the manager of the planning department, the director of the general manager's office, the assistant to the general manager, the secretary to the board of directors, the deputy general manager and the general manager of Poly Developments and Holdings since 1989. He is currently the chairman and a director of Poly Developments and Holdings, and the chairman and a director of Poly Southern.

Mr. Liu obtained a bachelor degree of Economics from Sun Yat-sen University (中山大學) in June 1989, and is a qualified senior auditor. Mr. Liu is currently a delegate to the Party Congress of Guangdong Province.

As of the Latest Practicable Date, Mr. Liu is beneficially interested in 7,723,184 shares of Poly Developments and Holdings.

Mr. Liu Zhihui (劉智慧), aged 43, is a non-executive Director. Mr. Liu was appointed as non-executive Director of the Company on 6 June 2025. He is currently a member of the audit committee of the Board.

Mr. Liu joined Poly Developments and Holdings Group in July 2006, and successively held key positions including the assistant general manager of Poly Southern China Industry Co., Ltd. (保利華南實業有限公司), the general manager of Poly Zhenan Real Estate Development Co., Ltd. (保利浙南房地產開發有限公司), the general manager of Poly (Guangzhou) Tourism Industry Co., Ltd. (保利(廣州)旅遊產業有限公司), the general manager of Poly Developments (Shandong) Co., Ltd. (保利發展(山東)有限公司), and the deputy general manager of the industry management center of Poly Developments and Holdings. Since October 2024, Mr. Liu has served as a full-time external director of subsidiaries of Poly Developments and Holdings.

Mr. Liu obtained a bachelor degree of Architecture from Tongji University (同濟大學) in July 2006.

Ms. Wu Lanyu (吳蘭玉), aged 46, is an executive Director. Ms. Wu joined the Company as Director on 20 June 2018 and was appointed as executive Director on 7 May 2019 and as chairman of the Company on 11 January 2023. Ms. Wu is currently the chairman of each of nomination committee and strategy and sustainability committee of the Board.

Ms. Wu worked as business manager of Poly Developments and Holdings from June 2005 to August 2005, responsible for investment-related work. From September 2005 to February 2008, Ms. Wu served as the officer-in-charge of the sales and marketing department of Guangzhou Science City Poly Property Co., Ltd. (廣州科學城保利房地產開發有限公司),

I-1 -

APPENDIX I

BIOGRAPHIES AND RELEVANT INFORMATION OF CANDIDATES FOR DIRECTORS

which was a subsidiary of Poly Developments and Holdings and deregistered in October 2016, responsible for sales and marketing. From February 2008 to April 2018, Ms. Wu served as assistant general manager and deputy general manager of Poly (Wuhan) Property Co., Ltd. (保利(武漢)房地產開發有限公司), with her last position responsible for sales and marketing, customer services and property management related work. Ms. Wu had been serving as the general manager of the Company from June 2018 to January 2023 with responsibility of overall operation, management, strategy making and business decision making. Ms. Wu has served as the deputy general manager of Poly Developments and Holdings since August 2025.

Ms. Wu obtained dual bachelor degree of Management and Law, respectively, from Wuhan University of Technology (武漢理工大學) in June 2003, and a master degree of Communication Studies from Huazhong University of Science and Technology (華中科技大學) in June 2005. Ms. Wu is a qualified intermediate economist (economy of real estate) and senior engineer (engineering management).

As of the Latest Practicable Date, Ms. Wu is beneficially interested in 77,088 H shares of the Company.

Mr. Wang Yingnan (王英男), aged 47, is an executive Director and general manager of the Company. Mr. Wang was appointed as general manager of the Company on 27 January 2026 and was appointed as executive Director on 13 March 2026. Mr. Wang is currently a member of the strategy and sustainability committee of the Board and holds directorships in certain subsidiaries of the Company.

From 2002 to 2010, Mr. Wang served successively as project manager of Regal Lloyds International Real Estate Consultant (Beijing) Co., Ltd. (華高萊斯國際地產顧問(北京)有限公司) and deputy general manager of Beijing Yahao Real Estate Brokerage Co., Ltd. (北京亞豪房地產經紀有限公司). He joined Poly Developments and Holdings Group in March 2010 and has since held several key positions, including deputy general manager of Poly (Beijing) Real Estate Development Co., Ltd. (保利(北京)房地產開發有限公司), general manager of Heng Fu (Hong Kong) Property Limited (恒福(香港)置業有限公司) and Heng Li (Hong Kong) Property Limited (恒利(香港)置業有限公司), general manager of Poly Southern China Industry Co., Ltd. (保利華南實業有限公司), general manager of the operation management center of Poly Developments and Holdings, as well as chairman of Poly Herun Real Estate Investment Consultancy Co., Ltd. (保利和潤房地產投資顧問有限公司).

Mr. Wang obtained a bachelor degree of Engineering from Beijing Broadcasting Institute (currently known as Communication University of China) in July 2001 and a master degree of Business Administration from Tsinghua University in July 2010.

I-2 -

APPENDIX I

BIOGRAPHIES AND RELEVANT INFORMATION OF CANDIDATES FOR DIRECTORS

Mr. Wang Xiaojun (王小軍), aged 71, is an independent non-executive Director. He was appointed as independent non-executive Director on 7 May 2019. He is currently the chairman of remuneration committee, a member of each of audit committee and nomination committee of the Board.

From October 1992 to April 2001, Mr. Wang successively served as an assistant manager in the China Listing Affairs Unit of the Hong Kong Stock Exchange, a solicitor of Richards Butler, an assistant director of Peregrine Capital Limited and a director of ING Barings Securities (Hong Kong) Limited. Mr. Wang had been a partner of Junhe Law Offices. Mr. Wang is currently a principal of WANG & Co. (王小軍律師行) (formerly known as JNJ Partners LLP (王小軍李樂民朱詠思律師行(有限法律責任合夥))). From March 2013 to March 2024, Mr. Wang served as an independent non-executive director of China Aerospace International Holdings Limited (中國航天國際控股有限公司), whose shares are listed on the Hong Kong Stock Exchange (stock code: 00031).

Mr. Wang graduated from the First Branch of Renmin University of China (中國人民大學第一分校) (currently known as Beijing Union University (北京聯合大學)) majoring in Law in July 1983 and obtained a master degree of Laws from the Graduate School of the Chinese Academy of Social Sciences (中國社會科學院研究生院) (currently part of the University of Chinese Academy of Social Sciences (中國社會科學院大學)) in December 1986. Mr. Wang is a qualified lawyer in the PRC, an admitted solicitor in Hong Kong and England and Wales.

Ms. Tan Yan (譚燕), aged 61, is an independent non-executive Director. Ms. Tan was appointed as independent non-executive Director on 7 May 2019. She is currently the chairman of the audit committee, a member of each of the remuneration committee, nomination committee and strategy and sustainability committee of the Board.

Ms. Tan has taught in the accounting major of the School of Business in Sun Yat-sen University (中山大學) for many years. From July 1988 to August 2024, Ms. Tan successively served as teaching assistant, lecturer, associate professor and professor of the School of Business in Sun Yat-sen University. Since December 2020, Ms. Tan has been serving as an independent director of China Southern Power Grid Technology Co., Ltd. (南方電網電力科技股份有限公司), whose shares are listed on the Shanghai Stock Exchange (stock code: 688248).

Ms. Tan obtained her bachelor degree in Industrial Financial Accounting from Hunan Institute of Finance and Economics (湖南財經學院) (currently a part of Hunan University (湖南大學)) in July 1985, and obtained her master degree in Accounting from Renmin University of China in July 1988. In July 2004, Ms. Tan obtained her doctorate degree in Accounting from Renmin University of China.

Mr. Zhang Liqing (張禮卿), aged 62, is an independent non-executive Director. Mr. Zhang was appointed as independent non-executive Director on 14 April 2022. He is currently a member of each of the audit committee, remuneration committee, nomination committee and strategy and sustainability committee of the Board.

– I-3 –

APPENDIX I

BIOGRAPHIES AND RELEVANT INFORMATION OF CANDIDATES FOR DIRECTORS

Mr. Zhang joined the Central University of Finance and Economics in 1987 and is currently a professor at the School of Finance of the Central University of Finance and Economics. He is also a vice president of China Society of World Economics (中國世界經濟學會) and an executive member of the China International Finance Society (中國國際金融學會) and the China Modern Financial Society (中國現代金融學會) (formerly known as the China Urban Financial Society (中國城市金融學會)). From October 2020 to June 2024, Mr. Zhang served as an external supervisor of China Minsheng Banking Corp., Ltd., the shares of which are listed on the Shanghai Stock Exchange (stock code: 600016). From December 2020 to October 2024, Mr. Zhang served as an independent non-executive director of E-Star Commercial Management Company Limited, the shares of which are listed on the Hong Kong Stock Exchange (stock code: 06668). From March 2011 to September 2018, Mr. Zhang was an independent director of Poly Developments and Holdings.

Mr. Zhang obtained a bachelor degree of Economics from Renmin University of China (中國人民大學), a master degree of Economics from the Graduate School of the Financial Research Institute of the People's Bank of China (中國人民銀行總行金融研究所) and a doctorate degree of Economics from Renmin University of China in July 1984, November 1988 and January 2003, respectively.

The proposed independent non-executive Directors mentioned above have confirmed that they have satisfied the independence criteria as stipulated in Rule 3.13 of the Listing Rules. The Company has assessed their independence and considered that they meet the independence guidelines set out in Rule 3.13 of the Listing Rules and are independent.

The nominations of independent non-executive Directors mentioned above were made by the Board after preliminary review by the nomination committee of the Board in accordance with the Articles of Association. The Company considered the diversity of Board members in several aspects, including but not limited to cultural and educational background, professional experience, skills and knowledge, and the selection of Board members shall be conducted in accordance with the relevant requirements of laws, regulations and securities regulators.

Save as disclosed above, as of the Latest Practicable Date, the said proposed Directors have confirmed that they (i) do not hold any other position in the Group; (ii) have not held any directorship in any other companies listed on any securities market in Hong Kong or overseas in the last three years and do not have any other major appointments and qualifications; (iii) do not have any relationships with any directors, senior management, substantial Shareholders or controlling Shareholders of the Company; and (iv) do not have any interests in the Shares of the Company and 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 mentioned above, the Company is not aware of any other information in relation to the election of the above proposed Directors that is required to be disclosed pursuant to the requirements of Rule 13.51(2) of the Listing Rules and there are no other matters that need to be brought to the attention of the Shareholders.

I-4 -

APPENDIX II
EXPLANATORY STATEMENT ON REPURCHASE MANDATE

In accordance with the Listing Rules, this appendix serves as the explanatory statement to provide you with the information reasonably necessary to enable you to make an informed decision on whether to vote for or against the proposed special resolution in relation to the General Mandate to Repurchase H Shares at the AGM.

SHARE CAPITAL

As at the Latest Practicable Date, the issued share capital of the Company comprised 206,333,310 Domestic Shares of RMB1.00 each and 347,000,090 H Shares of RMB1.00 each.

REASONS FOR H SHARE REPURCHASE

The Directors believe that the granting of the General Mandate to Repurchase H Shares is in the best interests of the Company and its Shareholders. H Share repurchase may, depending on the market conditions and funding arrangements at the time, enhance investors' confidence in the Company and consolidate the Company's standing in the capital market, and will only be made when the Board believes that such a repurchase will benefit the Company and the Shareholders.

EXERCISE OF MANDATE TO REPURCHASE H SHARES

Upon the passing of the special resolutions set out in the notices of the AGM, the Directors will be granted the General Mandate to Repurchase H Shares which takes effect until the Relevant Period (as defined in the letter from the Board) of repurchase.

As at the Latest Practicable Date, assuming that the General Mandate to Repurchase H Shares will only need to be approved at the AGM, the full exercise of the General Mandate to Repurchase H Shares will result in a repurchase of up to 34,700,009 H Shares by the Company during the Relevant Period (as defined in the letter from the Board), assuming that the Company will not allot and issue or repurchase H Shares during the period from the Latest Practicable Date to the date of the AGM.

II-1 -

APPENDIX II

EXPLANATORY STATEMENT ON REPURCHASE MANDATE

4. FUNDING OF REPURCHASE

In repurchasing H Shares, the Company may only apply funds legally available for such a purpose in accordance with the Articles of Association, the laws of the PRC and/or any other applicable laws, as the case may be.

In accordance with the laws of the PRC or administrative regulations and subject to the approval of relevant authority, the Company is entitled by its Articles of Association to repurchase H Shares. The Company shall not repurchase H Shares on the Hong Kong Stock Exchange for a consideration other than cash or for settlement otherwise than in accordance with the trading rules of the Hong Kong Stock Exchange from time to time.

5. IMPACT OF REPURCHASE

The Directors are of the view that, in the light of the financial position disclosed in the most recently published audited accounts of the Company for the year ended 31 December 2025, there will not be any material adverse impact on the Company's working capital or gearing levels in the event of the exercise of the General Mandate to Repurchase H Shares in full at any time during the Relevant Period. The number of H Shares to be repurchased on any occasion and the price and other terms upon which the same are repurchased will be decided by the Directors in due course with the circumstances then prevailing considered and in the best interests of the Company.

6. STATUS OF REPURCHASED H SHARES

According to the provisions of the applicable laws and regulations, the Company may cancel the repurchased H Shares or hold them as treasury shares, subject to market conditions and the capital management needs of the Group at the time of repurchase.

For any treasury shares deposited with the Central Clearing and Settlement System (CCASS) pending resale on the Stock Exchange, the Company shall (i) procure its broker not to give any instructions to Hong Kong Securities Clearing Company Limited to vote at general meetings regarding the treasury shares deposited with CCASS; and (ii) in the case of dividends or distributions, withdraw the treasury shares from CCASS and re-register them in the Company's name as treasury shares or cancel such shares, in each case before the record date for the dividends or distributions.

APPENDIX II

EXPLANATORY STATEMENT ON REPURCHASE MANDATE

7. PRICES OF H SHARES

The highest and lowest prices at which the H Shares have been traded on the Hong Kong Stock Exchange in each of the 12 months preceding the Latest Practicable Date were as follows:

Month	Highest HK$	Lowest HK$
May 2025	32.55	30.25
June 2025	33.75	29.50
July 2025	37.00	32.25
August 2025	38.02	34.45
September 2025	36.76	33.68
October 2025	35.08	33.12
November 2025	37.50	33.52
December 2025	35.40	31.76
January 2026	35.06	31.78
February 2026	34.28	31.44
March 2026	32.80	30.10
April 2026	32.12	30.68

8. GENERAL INFORMATION

None of the Directors nor, to the best of their knowledge and having made all reasonable enquiries, any of their respective close associates (as defined in the Listing Rules) have any present intention to sell any H Shares to the Company in the event that the granting of the General Mandate to Repurchase H Shares is approved by the Shareholders.

The Directors shall exercise the power of the Company to repurchase H Shares pursuant to the General Mandate to Repurchase H Shares in accordance with the Listing Rules and the applicable laws of the PRC.

The Company has not been notified by any core connected persons (as defined in the Listing Rules) of the Company that they have a present intention to sell any H Shares to the Company, or that they have undertaken not to sell any H Shares held by them to the Company in the event that the granting of the General Mandate to Repurchase H Shares is approved by the Shareholders.

Neither the explanatory statement nor the General Mandate to Repurchase H Shares has any unusual features.

APPENDIX II

EXPLANATORY STATEMENT ON REPURCHASE MANDATE

9. TAKEOVERS CODE

If as a result of a repurchase of H Shares pursuant to the mandate to repurchase H Shares, a Shareholder’s proportionate interest in the voting rights of the Company increases, such increase will be treated as an acquisition for the purposes of the Takeovers Code. Accordingly, a Shareholder or a group of Shareholders acting in concert (within the meaning under the Takeovers Code), depending on the level of increase in the Shareholder’s interest, could obtain or consolidate control of the Company and thereby become obliged to make a mandatory offer in accordance with Rule 26 of the Takeovers Code.

As at the Latest Practicable Date, 206,333,310 Domestic Shares and 193,666,690 H Shares were directly or indirectly held by Poly Developments and Holdings, which account for approximately 72.289% of the Company’s total issued share capital. If the General Mandate to Repurchase H Shares is fully exercised and assuming that no further issuance or repurchase of Shares is made prior to such full exercise, the proportion of the interest of the voting rights held by Poly Developments and Holdings in the Company will therefore increase to approximately 77.126% of the total share capital of the Company (if it does not participate in such repurchase). The Board is not aware that any repurchases to be made under the General Mandate to Repurchase H Shares will incur any consequences which will arise under the Takeovers Code and/or any similar applicable law. Moreover, the Board will not make H Shares repurchase on the Stock Exchange under the General Mandate to Repurchase H Shares if the repurchase will result in the total number of H Shares held by the public shareholders falling below the prescribed minimum percentage required by the Hong Kong Stock Exchange.

10. REPURCHASE OF H SHARES MADE BY THE COMPANY

During the six months prior to the Latest Practicable Date, the Company had not repurchased any of the H Shares (whether on the Hong Kong Stock Exchange or otherwise).

NOTICE OF THE 2025 ANNUAL GENERAL MEETING

休利物业

POLY PROPERTY SERVICES CO., LTD.

保利物業服務股份有限公司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 06049)

NOTICE OF THE 2025 ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT the 2025 annual general meeting (the “AGM”) of Poly Property Services Co., Ltd. (the “Company”) will be held at 9:30 a.m. on Friday, 29 May 2026 at the Conference Room, 2nd Floor, Poly Plaza, No. 832 Yue Jiang Zhong Road, Hai Zhu District, Guangzhou, Guangdong Province, the PRC for the purposes of considering and, if thought fit, approving the following resolutions. In this notice, unless the context otherwise requires, terms used herein shall have the same meanings as defined in the Company’s circular dated 7 May 2026 (the “Circular”).

Ordinary Resolutions

To consider and approve the 2025 Report of the Board of Directors.
To consider and approve the 2025 Audited Consolidated Financial Statements.
To consider and approve the 2025 Annual Report.
To consider and approve the profit distribution plan for 2025 (the proposal of an annual dividend of RMB1.401 per Share (tax inclusive)).
To consider and approve the re-appointment of BDO Limited and BDO China SHU LUN PAN Certified Public Accountants LLP as the overseas auditor and domestic auditor of the Company for 2026, respectively, for a term until the conclusion of the next annual general meeting of the Company, and to approve the Board to authorise the management to determine their remunerations and enter into the relevant agreements.
To consider and approve the election of the new session of the Board:

6.1 Election of Ms. Wu Lanyu as an executive Director of the Company;
6.2 Election of Mr. Wang Yingnan as an executive Director of the Company;

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NOTICE OF THE 2025 ANNUAL GENERAL MEETING

6.3 Election of Mr. Liu Ping as a non-executive Director of the Company;
6.4 Election of Mr. Liu Zhihui as a non-executive Director of the Company;
6.5 Election of Mr. Wang Xiaojun as an independent non-executive Director of the Company;
6.6 Election of Ms. Tan Yan as an independent non-executive Director of the Company;
6.7 Election of Mr. Zhang Liqing as an independent non-executive Director of the Company; and
6.8 To authorise the Board to determine the remunerations of the Directors.

Special Resolutions

To consider and approve the grant of the General Mandate to the Board to Issue Shares (details of the resolution are set out in the Circular).
To consider and approve the grant of the General Mandate to the Board to Repurchase H Shares (details of the resolution are set out in the Circular).

By Order of the Board

POLY PROPERTY SERVICES CO., LTD.

Wu Lanyu

Chairman of the Board and Executive Director

Guangzhou, the PRC, 7 May 2026

As at the date of this notice, the executive Directors of the Company are Ms. Wu Lanyu and Mr. Wang Yingnan; the non-executive Directors of the Company are Mr. Liu Ping and Mr. Liu Zhihui; and the independent non-executive Directors of the Company are Mr. Wang Xiaojun, Ms. Tan Yan and Mr. Zhang Liqing.

NOTICE OF THE 2025 ANNUAL GENERAL MEETING

Notes:

All resolutions at the AGM will be taken by poll pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”). The results of the poll will be published on the designated website of The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) and the website of the Company (www.polywuye.com) in accordance with the Listing Rules.
All Shareholders of the Company are eligible to attend the AGM. Any Shareholder of the Company entitled to attend and vote at the AGM convened by the above notice is entitled to appoint a proxy or more than one proxy to attend the AGM and vote instead of him/her. A proxy need not be a Shareholder of the Company. If more than one proxy is appointed, the number of shares in respect of which each such proxy so appointed must be specified in the relevant proxy form. Every Shareholder of the Company presents in person or by proxy shall be entitled to one vote for each share held by him/her.
In order to be valid, the proxy form together with the power of attorney or other authority (if any) under which it is signed, or a notarially certified copy thereof, must be completed and returned to (i) the Company’s principal place of business in the People’s Republic of China (the “PRC”) at 48-49/F, Poly Plaza, No. 832 Yue Jiang Zhong Road, Hai Zhu District, Guangzhou, Guangdong Province, the PRC (for Domestic Shareholders) or (ii) the Company’s H Share Registrar, Tricor Investor Services Limited, at 17/F., Far East Finance Centre, 16 Harcourt Road, Hong Kong (for H Shareholders) not less than 24 hours before the time appointed for the AGM. Completion and return of the proxy form will not preclude a Shareholder of the Company from attending and voting at the AGM or any adjourned meeting thereof should he/she so wish.
For the purpose of determining the Shareholders’ eligibility to attend and vote at the AGM (and any adjourned meeting thereof), the H Share register of members of the Company will be closed from Tuesday, 26 May 2026 to Friday, 29 May 2026, both days inclusive, during which period no transfer of H Shares will be registered. In order for the H Shareholders to qualify for attending and voting at the AGM, all properly completed share transfer forms together with the relevant H Share certificates shall be lodged with the Company’s H Share Registrar, Tricor Investor Services Limited, at 17/F., Far East Finance Centre, 16 Harcourt Road, Hong Kong for registration not later than 4:30 p.m. on Friday, 22 May 2026. Shareholders whose names appear on the register of members of the Company on Friday, 29 May 2026 are entitled to attend and vote at the AGM.
For the purpose of determining the identity of the Shareholders entitled to the annual dividend in respect of the year ended 31 December 2025, the H Share register of members of the Company will be closed from Thursday, 4 June 2026 to Friday, 5 June 2026, both days inclusive, during which period no transfer of H Shares will be registered. For entitlement to the above annual dividend, all share certificates together with the share transfer forms shall be lodged with the Company’s Hong Kong H Share Registrar, Tricor Investor Services Limited, at 17/F., Far East Finance Centre, 16 Harcourt Road, Hong Kong not later than 4:30 p.m. on Wednesday, 3 June 2026. Shareholders whose names appear on the register of members of the Company on Friday, 5 June 2026 are entitled to receive the above proposed annual dividend.
The AGM is expected to take no more than half a day. Shareholders of the Company who attend the AGM (in person or by proxy) shall bear their own travelling and accommodation expenses. Shareholders of the Company may contact the Company via telephone at +86 20 89899959 and email at [email protected] for any enquiries in respect of the AGM.

– GM-3 –

AI assistant

Poly Property Services Co., Ltd. — AGM Information 2026

50952_rns_2026-05-07_8ed291e7-c509-42a8-9db9-573d2b8637c9.pdf

休利物业

POLY PROPERTY SERVICES CO., LTD.

保利物業服務股份有限公司

Executive Directors:

Non-executive Directors:

Independent Non-executive Directors:

Registered office and principal place of business in the PRC:

Principal place of business in Hong Kong:

1. INTRODUCTION

2. BUSINESSES TO BE CONSIDERED AT THE AGM

2.1 To consider and approve the 2025 Report of the Board of Directors

2.2 To consider and approve the 2025 Audited Consolidated Financial Statements

2.3 To consider and approve the 2025 Annual Report

2.4 To consider and approve the profit distribution plan for 2025

2.5 To consider and approve the re-appointment of auditors for 2026

2.6 To consider and approve the election of the new session of the Board

2.7 To consider and approve the grant of the General Mandate to the Board to Issue Shares

(A) Specific plans on the general mandate:

(B) Relevant mandate

2.8 To consider and approve the grant of the General Mandate to the Board to Repurchase H Shares

(A) Specific plans on the general mandate:

(B) Relevant mandate

3. AGM AND PROXY ARRANGEMENT

4. VOTING BY POLL

5. RECOMMENDATION

6. FURTHER INFORMATION

4. FUNDING OF REPURCHASE

5. IMPACT OF REPURCHASE

6. STATUS OF REPURCHASED H SHARES

7. PRICES OF H SHARES

8. GENERAL INFORMATION

9. TAKEOVERS CODE

10. REPURCHASE OF H SHARES MADE BY THE COMPANY

休利物业

POLY PROPERTY SERVICES CO., LTD.

保利物業服務股份有限公司

NOTICE OF THE 2025 ANNUAL GENERAL MEETING

Ordinary Resolutions

Special Resolutions

More from Poly Property Services Co., Ltd.

Poly Property Services Co., Ltd. AGM Information 2026