Baiyun airport extends A-share issuance resolution validity to December 2026

Guangzhou Baiyun International Airport Company Limited announced an extension to the validity period of its shareholders' meeting resolution concerning the 2024 non-public issuance of A shares to specific targets. This extension also applies to the authorization granted to the board of directors and its authorized personnel to handle matters related to this issuance.

The resolution for the 2024 non-public A-share issuance, approved on December 25, 2024, by the 2024 First Extraordinary Shareholders' Meeting, was initially valid for 12 months, expiring on December 24, 2025.

Recognizing the impending expiry and to maintain the effectiveness and continuity of the issuance work, the company's seventh board of directors' twenty-fifth (temporary) meeting, held on December 8, 2025, approved the proposal to extend these validities.

The extension will prolong the resolution and authorization validity by an additional 12 months, starting from the day after the original expiry date. This means the new validity period will now run until December 24, 2026. The matter of extending the issuance resolution and related authorizations is subject to further approval by the company's shareholders' meeting.