HK Electric Investments and HK Electric Investments : Poll Results of 2021 Annual General Meeting

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.

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 12 MAY 2021

At the annual general meeting of unitholders of HK Electric Investments (the "Trust") and shareholders of HK Electric Investments Limited (the "Company"), as convened by HK Electric Investments Manager Limited (the "Trustee-Manager", in its capacity as the trustee-manager of the Trust) and the Company, held on a combined basis as a single meeting characterised as the annual general meeting of holders of share stapled units (the "Share Stapled Units") on 12 May 2021 (the "AGM"), all the proposed resolutions as set out in the notice of AGM dated 7 April 2021 were voted on by poll.

All the resolutions proposed at the AGM were approved by the holders of Share Stapled Units and the poll results were as follows:

		NO. OF VOTES
	RESOLUTIONS	(%)*
		FOR		AGAINST
1. To receive the audited Financial Statements of the	7,186,205,528		2,560,307
	Trust and the Company and of the Trustee-Manager,	(99.9644)		(0.0356)
	the Combined Report of the Directors, and the
	Independent Auditor's Reports for the year ended
	31 December 2020.

As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.

－ 1 －

		NO. OF VOTES
	RESOLUTIONS	(%)*
		FOR		AGAINST
2. (a) To elect Mr. Li Tzar Kuoi, Victor as a Director.	7,061,976,320		126,758,515
		(98.2367)		(1.7633)

As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.

(b) To elect Mr. Wan Chi Tin as a Director.	7,153,053,351	33,618,804
	(99.5322)	(0.4678)

As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.

(c) To elect Mr. Fahad Hamad A H Al-Mohannadi	6,892,223,037	296,507,498
as a Director.	(95.8754)	(4.1246)

As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.

(d) To elect Mr. Chan Loi Shun as a Director.	7,136,110,421	52,560,614
	(99.2688)	(0.7312)

As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.

(e) To elect Mr. Kwan Kai Cheong as a Director.	7,087,219,865	101,451,170
	(98.5887)	(1.4113)

As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.

(f) To elect Mr. Zhu Guangchao as a Director.	6,587,803,340	600,855,695
	(91.6416)	(8.3584)

As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.

3. To appoint KPMG as Auditor of the Trust, the	7,175,186,231	13,472,804
	Trustee-Manager and the Company, and to authorise	(99.8126)	(0.1874)
	the Directors of the Trustee-Manager and the
	Company to fix the Auditor's remuneration.

As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.

－ 2 －

		NO. OF VOTES
	RESOLUTIONS	(%)*
		FOR		AGAINST
4.	To give a general mandate to the Directors of the	7,188,157,255		361,280
	Trustee-Manager and the Company to issue and deal	(99.9950)		(0.0050)
	with additional Share Stapled Units not exceeding
	10% of the total number of Share Stapled Units in
	issue.#
	As more than 50% of the votes were cast in favour of the resolution, the resolution was duly
	passed as an ordinary resolution.

• The above percentages are rounded to the nearest four decimal places.

• The full text of Resolution 4 is set out in the Notice of AGM.

As at the date of the AGM, the number of Share Stapled Units jointly issued by the Trust and the Company was 8,836,200,000, which was the total number of Share Stapled Units entitling the holders of Share Stapled Units to attend and vote for or against all the resolutions at the AGM. No holders of Share Stapled Units were subject to any restriction in exercising their votes on any proposed resolutions at the AGM.

Computershare Hong Kong Investor Services Limited, the share stapled units registrar, acted as scrutineer for the poll at the AGM.

By Order of the Boards

HK Electric Investments Manager Limited

and

HK Electric Investments Limited

Alex Ng

Company Secretary

Hong Kong, 12 May 2021

As at the date of this announcement, the Directors are:

Executive directors	: Mr. FOK Kin Ning, Canning (Chairman) (Mrs. CHOW WOO Mo
	Fong, Susan as his alternate), Mr. WAN Chi Tin (Chief Executive
	Officer), Mr. CHAN Loi Shun, Mr. CHEN Daobiao and
	Mr. CHENG Cho Ying, Francis
Non-executive directors	: Mr. LI Tzar Kuoi, Victor (Deputy Chairman) (Mr. Frank John SIXT
	as his alternate), Mr. Fahad Hamad A H AL-MOHANNADI,
	Mr. Ronald Joseph ARCULLI, Mr. DUAN Guangming, Mr. Deven
	Arvind KARNIK and Mr. ZHU Guangchao
Independent non-executive	: Mr. FONG Chi Wai, Alex, Mr. KWAN Kai Cheong, Mr. LEE Lan
directors	Yee, Francis, Mr. George Colin MAGNUS, Mr. Donald Jeffrey
	ROBERTS and Mr. Ralph Raymond SHEA

－ 3 －