SJM Holdings Limited — Proxy Solicitation & Information Statement 2026

Mar 5, 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.

澳門博彩控股有限公司

SJM HOLDINGS LIMITED

incorporated in Hong Kong with limited liability Stock Code: 880

PROPOSED AMENDMENTS TO THE EXISTING ARTICLES AND ADOPTION OF THE NEW ARTICLES

This announcement is made by SJM Holdings Limited (the "Company") pursuant to Rule 13.51(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

The board of directors of the Company (the "Board") proposes certain amendments (the "Proposed Amendments") to the existing articles of association of the Company (the "Existing Articles") to bring the Existing Articles in line with the amendments to the Companies Ordinance (Cap. 622 of the Laws of Hong Kong) and the Listing Rules in relation to (i) the treasury shares regime; (ii) the promotion of paperless corporate communication; and (iii) the introduction of hybrid or virtual general meetings, and payment of dividend or other corporate action proceeds to the shareholders of the Company (the "Shareholders") via electronic means. Other amendments to the Existing Articles are also made for consequential and housekeeping changes. Accordingly, the Board proposes to adopt a new set of articles of association of the Company incorporating the Proposed Amendments (the "New Articles") in substitution for, and to the exclusion of, the Existing Articles.

The Proposed Amendments and the adoption of the New Articles will be subject to approval by the Shareholders by way of special resolutions at the annual general meeting of the Company to be held on Tuesday, 9 June 2026 (the "AGM").

A circular containing, among other things, details of the Proposed Amendments and the adoption of the New Articles, together with a notice of the AGM, will be despatched to the Shareholders as soon as practicable.

By order of the Board

SJM Holdings Limited

Ho Chiu Fung, Daisy

Chairman and Executive Director

Hong Kong, 5 March 2026

As at the date of this announcement, the executive directors of the Company are Ms. Ho Chiu Fung, Daisy, Dr. Fok Tsun Ting, Timothy, Deputada Leong On Kei, Angela, Dr. Chan Un Chan and Mr. Shum Hong Kuen, David; the non-executive director of the Company is Mr. Tsang On Yip, Patrick; and the independent non-executive directors of the Company are Mr. Ho Hau Chong, Norman, Ms. Wong Yu Pok, Marina and Mr. Yeung Ping Leung, Howard.