Ask AI · How to Balance Shareholder Returns with Dividend Cap Setting?

WuXi AppTec (603259) Announcement Key Points Interpretation

Regarding the Proposal to Authorize the Board of Directors to Formulate the Mid-term Dividend Plan

Core Content:

1. Overview of the Matter: The company’s board of directors proposes to the shareholders’ meeting to authorize the board to independently formulate and implement the mid-term dividend plan for the fiscal year 2026, aiming to increase the frequency of dividends and enhance investor returns.

2. Dividend Prerequisites:

• Current profits and accumulated undistributed profits must be positive;

• Cash flow must meet the needs of normal operations and sustainable development.

1. Dividend Cap: Not exceeding the net profit attributable to the shareholders of the listed company for the current period.

2. Authorization Period: From the date of approval by the annual shareholders’ meeting in 2025 until the date of the annual shareholders’ meeting in 2026.

3. Approval Progress: The board of directors has passed this proposal on March 23, 2026, pending final approval by the shareholders’ meeting.

Note: The specific mid-term dividend amount and timing have yet to be determined; attention should be paid to subsequent resolutions from the shareholders’ meeting and announcements from the board of directors.