Announcement • 51m
Anhui Expressway Company Limited Appoints Liu Gang as Non-Executive Director and Member of the Audit Committee, Effective August 25, 2026 Anhui Expressway Company Limited announced that at the extraordinary general meeting held on August 25, 2026, Mr. Liu Gang was appointed as a non-executive Director of the tenth session of the Board. The term of Mr. Liu Gang commenced from the date of election, being August 25, 2026, and will end on the expiry date of the term of office for the current session of the Board members. On the same day and after the EGM, the Board held the twenty-seventh meeting of the Board of the tenth session, in which Mr. Liu Gang was appointed as a member of the Audit Committee with a term commencing from the date of election and ending on the expiry date of the term of office for the current session of the Board members. Further information relating to Mr. Liu Gang and his appointment (including the biographical details of Mr. Liu Gang as required under Rule 13.51(2) of the Listing Rules) are set out in the Circular, which remains applicable as at the date of this announcement. Declared Dividend • Jul 27
Dividend of CN¥0.66 announced Shareholders will receive a dividend of CN¥0.66. Ex-date: 31st July 2026 Payment date: 31st July 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (76% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 10
Anhui Expressway Company Limited Announces Resignation of Yang Jianguo as A Non- Executive Director and A Member of the Audit Committee Anhui Expressway Company Limited announced that Mr. Yang Jianguo has tendered his resignation as a non- executive Director and a member of the audit committee of the Board due to change of his work arrangement. The resignation of Mr. Yang will take effect upon the receipt of the same by the Board. Pursuant to the provisions of the Companies Law of the People's Republic of China and other applicable laws and regulations, as well as the Articles of Association, the resignation of Mr. Yang will not result in the number of Directors of the Company falling below the minimum number required under the law and will not affect the normal operation of the Board. Upon the resignation taking effect, Mr. Yang will not hold any position in the Company. 
