Yuexiu Services Group Limited — Proxy Solicitation & Information Statement 2026

May 20, 2026

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

越秀服務集團有限公司
YUEXIU SERVICES GROUP LIMITED
(Incorporated in Hong Kong with limited liability)
(Stock Code: 06626)

SUPPLEMENTAL NOTICE OF THE ANNUAL GENERAL MEETING

Reference is made to (i) the circular (the "AGM Circular") and notice (the "AGM Notice") of the annual general meeting (the "Annual General Meeting") of Yuexiu Services Group Limited (the "Company") dated 29 April 2026, which sets out the time and venue of the Annual General Meeting and contains the resolutions to be considered and approved at the Annual General Meeting; and (ii) the announcement of the Company dated 20 May 2026 in relation to, among other things, the resignation of each of Mr. Wang Jianhui and Mr. Zhang Chenghao as an executive director of the Company and the appointment by the board of directors (the "Board") of each of Ms. Li Huiting and Mr. Xu Jianhui as an executive director of the Company.

In accordance with the articles of association of the Company, each of Ms. Li Huiting and Mr. Xu Jianhui shall be subject to re-election by the shareholders of the Company at the first annual general meeting of the Company following their appointments. Accordingly, Ms. Li Huiting and Mr. Xu Jianhui will both retire and, being eligible, offer themselves for re-election at the Annual General Meeting.

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SUPPLEMENTAL NOTICE IS HEREBY GIVEN that the Annual General Meeting will be held as originally scheduled at Plaza I-IV, Basement 3, Novotel Century Hong Kong, 238 Jaffe Road, Wanchai, Hong Kong at 10:30 a.m. on Friday, 5 June 2026.

All resolutions set out in the AGM Notice shall remain unchanged and be proposed at the Annual General Meeting for the consideration and approval by the shareholders of the Company. In addition to the resolutions set out in the AGM Notice, the following supplemental resolutions will also be considered and, if thought fit, approved at the Annual General Meeting:

SUPPLEMENTAL ORDINARY RESOLUTIONS

1. To re-elect the directors of the Company (the “Director(s)”):

(e) To re-elect Ms. Li Huiting as an executive Director; and
(f) To re-elect Mr. Xu Jianhui as an executive Director.

By order of the Board
Yuexiu Services Group Limited
Yu Tat Fung
Company Secretary

Hong Kong, 20 May 2026

Notes:

1. Please see the accompanying appendix to this supplemental notice for the biographical details of Ms. Li Huiting and Mr. Xu Jianhui and the recommendation of the Board in relation to their re-election as executive Directors.

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1. For determining the entitlement to attend and vote at the Annual General Meeting, the register of members of the Company will be closed from Tuesday, 2 June 2026 to Friday, 5 June 2026, both days inclusive, during which period no transfer of shares will be registered. In order to be entitled to attend and vote at the Annual General Meeting, all duly completed transfer forms accompanied by the relevant share certificates must be lodged with the share registrar of the Company, 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 Monday, 1 June 2026. The record date for the Annual General Meeting will be Friday, 5 June 2026.

2. For determining the entitlement to the proposed final dividend, the register of members of the Company will be closed from Monday, 15 June 2026 to Tuesday, 16 June 2026, both days inclusive, during which period no transfer of shares of the Company will be registered. In order to qualify for the proposed final dividend, all duly completed transfer forms accompanied by the relevant share certificates must be lodged with the share registrar of the Company, 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, 12 June 2026. The final dividend is expected to be paid on or about Wednesday, 8 July 2026 to the shareholders whose names appear on the register of members of the Company on Tuesday, 16 June 2026.

3. Any member of the Company entitled to attend and vote at the Annual General Meeting is entitled to appoint one or, if he/she holds two or more shares, more person(s) as his/her proxy or proxies to attend and vote instead of him/her. A proxy needs not be a member of the Company. Completion and return of the proxy form will not preclude the members of the Company from attending and voting in person at the Annual General Meeting or any adjourned meeting or postponed meeting should they so wish.

4. The revised proxy form for use at the Annual General Meeting (the "Revised Proxy Form") is enclosed with this supplemental notice. The Revised Proxy Form can also be downloaded from the website of the Company at www.yuexiuservices.com and the website of the Stock Exchange at www.hkexnews.hk. To be valid, the Revised Proxy Form must be completed, signed and deposited at the share registrar of the Company, Tricor Investor Services Limited at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong not less than 48 hours before the time appointed for the holding of the Annual General Meeting or any adjourned meeting or postponed meeting thereof (as the case may be) (the "Closing Time").

5. Any shareholder who has not yet lodged the proxy form issued by the Company on 29 April 2026 (the "Original Proxy Form") is requested to lodge the Revised Proxy Form if he or she intends to appoint a proxy to attend the Annual General Meeting on his or her behalf. In this case, the Original Proxy Form should not be lodged. Any shareholder who has already lodged the Original Proxy Form should note that:

(i) if the Revised Proxy Form is lodged before the Closing Time, the Revised Proxy Form will revoke and supersede the Original Proxy Form previously lodged by the shareholder. The Revised Proxy Form will be treated as a valid proxy form lodged by the shareholder, if duly completed; and

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(ii) if no Revised Proxy Form is lodged before the Closing Time, the Original Proxy Form will be treated as a valid proxy form lodged by the shareholder, if duly completed. The proxy so appointed pursuant to the Original Proxy Form will be entitled to vote in accordance with the instructions previously given by the shareholder or at his/her discretion (if no such instructions are given) on any resolution properly put to the Annual General Meeting, including the proposed supplemental resolutions set out above.

1. This supplemental notice should be read and considered in conjunction with the AGM Circular and the AGM Notice. For details of other resolutions to be considered and approved at the Annual General Meeting and other relevant matters, please refer to the AGM Circular and the AGM Notice.

As at the date of this supplemental notice, the board of Directors comprises:

Executive Directors: LI Huiting, XU Jianhui and ZHANG Jin

Non-executive Directors: JIANG Guoxiong (Chairman) and YANG Zhaoxuan

Independent non-executive Directors: HUNG Shing Ming, HUI Lai Kwan and LEUNG Yiu Man

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APPENDIX

BIOGRAPHICAL DETAILS

Ms. LI Huiting

Ms. Li, aged 47, has been appointed as an executive Director with effect from 20 May 2026 and has also been serving as the chief financial officer of the Company since 7 July 2023, being responsible for financial and budget management and capital operations. Ms. Li has over 10 years of finance management experience in Yuexiu Property Company Limited (“Yuexiu Property”), a company listed on the Main Board of The Stock Exchange of Hong Kong Limited, prior to joining the Group. From August 2001 to January 2008, Ms. Li worked in the audit department of Guangzhou office of PricewaterhouseCoopers (as it then was) with her last position as an audit manager. Ms. Li joined the finance department of Yuexiu Property in November 2008 as a finance manager, and was promoted as the deputy general manager of finance department in August 2016. Since May 2021, she has been serving as the general manager of the financial management centre of Yuexiu Property, responsible for various functions such as financial reporting and data control, financing and capital management, as well as budgetary and tax planning.

Ms. Li has been a certified public accountant of The Chinese Institute of Certified Public Accountants (中國註冊會計師協會) (the “Institute”) since December 2003 and a non-practising member of the Institute since January 2010. Ms. Li obtained a bachelor’s degree in literature majoring in English (international commerce) from Guangdong University of Foreign Studies* (廣東外語外貿大學) in the People’s Republic of China (the “PRC”) in June 2001.

As an executive Director, Ms. Li is responsible for the Group’s overall financial strategic planning, financial and budgeting management, as well as capital markets and investor relations functions.

Ms. Li has entered into a service contract with the Company for an initial term of three years commencing on 20 May 2026. Subject to the provisions of re-election or retirement by rotation at the general meetings of the Company in accordance with the articles of association of the Company, Ms. Li will not receive any emoluments from the Company in connection with her role as an executive Director.

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Save as disclosed herein, as at the date of this supplemental notice, Ms. Li:

(1) does not hold any other position in the Group;

(2) does not hold any directorships in public companies the securities of which are listed on any securities market in Hong Kong or overseas in the past three years immediately preceding the date of this supplemental notice;

(3) is not otherwise related to any Director, senior management, substantial shareholder or controlling shareholder of the Company (each as defined in the Listing Rules); and

(4) does not have any interests in the shares or underlying shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO").

Mr. XU Jianhui

Mr. Xu, aged 54, has been appointed as an executive Director with effect from 20 May 2026 and has been serving as the deputy general manager of Guangzhou Yuexiu Property Development Co., Ltd. (廣州越秀物業發展有限公司) (“Yuexiu PD”), a major subsidiary of the Company, since March 2025 and has taken up the role as the general manager of the finance operation centre of Yuexiu PD since June 2025. From July 1994 to May 2006, Mr. Xu served successively in the finance and accounting department and the real estate division of Guangzhou City Construction & Development Group Co., Ltd (廣州市城市建設開發集團有限公司) (“GCCD Group”) with his last position as accounting manager. Subsequently, he served concurrently as the manager of the finance department of (a) Guangzhou Yue Xiu Holdings Limited (廣州越秀集團股份有限公司) (“GZYX”, together with its subsidiaries, the “GZYX Group”), the ultimate holding company of the Company; and (b) GCCD Group from June 2006 to November 2007. He then served as the head of the finance department of Guangzhou Yuexiu Cement Group Co., Ltd. (廣州越秀水泥集團有限公司) from November 2007 to December 2009 and concurrently served as the financial controller of Guangzhou Yuede Management Co., Ltd. (廣州越德管理有限公司) from December 2007 to December 2009. From December 2009 to November 2011, he served as the financial controller of Hi-Watt Battery Industry Company Limited (高力電池實業有限公司). Subsequently from November 2011 to June 2014, he worked at the regional company of Yuexiu Property Shenyang (越秀地產瀋陽區域公司) as the assistant to the general manager, and from July 2014 to August 2016, he moved to the regional company of Yuexiu Property Guangzhou* (越秀地產廣州區域公司) and served as the assistant to the general manager, and as the financial controller. From August 2016 to March 2025, Mr. Xu served at Guangzhou City Construction & Development Co., Ltd. (廣州市城市建設開發有限公司), a

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subsidiary of Yuexiu Property, successively as the director of the shared finance service centre and the deputy general manager of the financial management centre. Mr. Xu held various positions in the GZYX Group and the Group and has extensive experience in financial and operations management.

Mr. Xu obtained a bachelor's degree in economics from Guangdong University of Finance & Economics (廣東財經大學) (formerly known as Guangdong Commercial College (廣東商學院)) in the PRC in June 1994. He also obtained the qualification of intermediate accountant in the PRC in May 1998.

As an executive Director, Mr. Xu is responsible for the Group's operational management, residential property management, and digital and intelligent management initiatives.

Mr. Xu has entered into a service contract with the Company for an initial term of three years commencing on 20 May 2026. Subject to the provisions of re-election or retirement by rotation at the general meetings of the Company in accordance with the articles of association of the Company. Mr. Xu is entitled to emoluments of approximately RMB876,000 per annum under the service contract which was determined by the Board after taking into account Mr. Xu's background, experience, qualifications, and also the duties and responsibilities to be taken by him within the Group, with reference to prevailing market rates. After each completed year of service, Mr. Xu will be entitled to receive a discretionary performance bonus as may be determined by the Board with reference to the financial performance of the Group and the individual performance of Mr. Xu.

Save as disclosed herein, as at the date of this supplemental notice, Mr. Xu:

(1) does not hold any other position in the Group;

(2) does not hold any directorships in public companies the securities of which are listed on any securities market in Hong Kong or overseas in the past three years immediately preceding the date of this supplemental notice;

(3) is not otherwise related to any Director, senior management, substantial shareholder or controlling shareholder of the Company (each as defined in the Listing Rules); and

(4) does not have any interests in the shares or underlying shares of the Company within the meaning of Part XV of the SFO.

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Save as disclosed above, there is no information relating to Ms. Li and Mr. Xu that should be disclosed pursuant to any of the requirements of Rule 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and there are no other matters relating to Ms. Li and Mr. Xu that need to be brought to the attention of the shareholders of the Company.

RECOMMENDATION

The nomination committee of the Board (the "Nomination Committee"), having reviewed the Board's composition, nominated Ms. Li and Mr. Xu to the Board for them to be recommended to shareholders of the Company for re-election at the Annual General Meeting.

Regarding the above-mentioned nomination, the Nomination Committee and the Board had also taken into account their respective expected contributions to the Board and their commitment to their roles, meritocracy and various aspects set out in the board diversity policy of the Company, including but not limited to gender, age, cultural and educational background, ethnicity, experience, skills, knowledge and length of service. Accordingly, the Directors consider that the supplemental resolutions set out in this supplemental notice of the Annual General Meeting are in the interests of the Company and its shareholders as a whole, and recommend all shareholders of the Company to vote in favour of such supplemental resolutions to be proposed at the Annual General Meeting.

• For identification purpose only