Hysan Development : Poll Results of the 2019 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.

Hysan Development Company Limited

希 慎 興 業 有 限 公 司

(Incorporated in Hong Kong with limited liability)

(Stock Code：00014)

POLL RESULTS OF THE 2019 ANNUAL GENERAL MEETING

At the Annual General Meeting of Hysan Development Company Limited (the "Company") held on 16 May 2019 (the "AGM"), a poll was demanded by the Chairman for voting on all the proposed resolutions as set out in the Notice of AGM dated 29 March 2019.

As at the date of the AGM, the total number of issued shares entitling the holders to attend and vote for or against all resolutions is 1,046,524,891. There was no restriction on shareholders to cast votes on the proposed resolutions at the AGM.

All resolutions were approved by shareholders and the poll results were as follows:

	Ordinary Resolutions	Number of Votes (%)
	For	Against
1.	To receive and consider the Statement of Accounts for the year	856,357,101	2,166
	ended 31 December 2018 and the Reports of the Directors and
	(99.9997%)	(0.0003%)
	Auditor thereon.
2.	i) To re-elect Mr. Churchouse Frederick Peter as Director.	850,853,926	5,847,176
		(99.3175%)	(0.6825%)
	ii) To re-elect Mr. Jebsen Hans Michael as Director.	711,035,341	145,665,761
		(82.9969%)	(17.0031%)
	iii)To re-elect Mr. Lee Anthony Hsien Pin as Director.	611,652,087	244,940,515
		(71.4052%)	(28.5948%)
	iv) To re-elect Mr. Lee Chien as Director.	702,894,065	151,515,037
		(82.2667%)	(17.7333%)
	v) To re-elect Ms. Wong Ching Ying Belinda as Director.	615,411,747	239,004,855
		(72.0271%)	(27.9729%)
3.	To approve revision of annual fees payable to Non-Executive	853,849,904	538,198
	Directors. #	(99.9370%)	(0.0630%)
4.	To re-appoint Deloitte Touche Tohmatsu as Auditor of the	833,179,582	23,520,520
	Company at a fee to be agreed by the Directors.	(97.2545%)	(2.7455%)
5.	To give Directors a general mandate to allot, issue and deal
	with additional shares in the Company not exceeding 10% of	849,867,669	6,833,433
	the number of its issued shares and the discount for any shares	(99.2024%)	(0.7976%)
	to be issued shall not exceed 10%. #
6.	To give Directors a general mandate to repurchase shares in the	855,610,132	510,201
	Company not exceeding 10% of the number of its issued
	(99.9404%)	(0.0596%)
	shares. #

As more than 50% of the votes were cast in favour of each of the above resolutions, all the above resolutions were duly passed as ordinary resolutions.

# Please refer to the Notice of AGM for the full text of the resolutions.

1

Deloitte Touche Tohmatsu, the auditor of the Company, acted as the scrutineer and compared the poll results summary prepared by the Company's Registrar, Tricor Standard Limited, to the poll forms collected and provided by Tricor Standard Limited. The work performed by Deloitte Touche Tohmatsu in this respect did not constitute an assurance engagement in accordance with Hong Kong Standards on Auditing, Hong Kong Standards on Review Engagements or Hong Kong Standards on Assurance Engagements issued by the Hong Kong Institute of Certified Public Accountants nor did it include provision of any assurance or advice on matters of legal interpretation or entitlement to vote.

By Order of the Board

Cheung Ka Ki

Company Secretary

Hong Kong, 16 May 2019

As at the date of this announcement, the Board of Directors comprises: Lee Irene Yun-Lien (Chairman), Churchouse Frederick Peter**, Fan Yan Hok Philip**, Lau Lawrence Juen-Yee**, Poon Chung Yin Joseph**, Wong Ching Ying Belinda**, Jebsen Hans Michael* (Yang Chi Hsin Trevor as his alternate), Lee Anthony Hsien Pin* (Lee Irene Yun-Lien as his alternate), Lee Chien* and Lee Tze Hau Michael*.

*Non-ExecutiveDirectors

**Independent Non-Executive Directors

This announcement is published on the websites of the Company (www.hysan.com.hk) and The Stock Exchange of Hong Kong Limited (www.hkexnews.hk).

2