Zhejiang Expressway Co., Ltd. at its AGM held on May 8, 2024, resolved to approve dividend of RMB 32.0 cents per share in respect of the year ended December 31, 2023, with 4,805,465,951 shares voted in the affirmative (representing 99.9998% of the total shares held by the Shareholders present at the AGM) and 10,560 shares voted in the negative (representing 0.0002% of the total shares held by the Shareholders present at the AGM); The payment of a dividend of RMB 32.0 cents per share in respect of the year ended December 31, 2023 was approved by more than half of the votes cast by the Shareholders at the AGM. For determining the entitlement to the proposed dividend in respect of the year ended December 31, 2023, the register of members holding H shares of the Company (the "H Shares") will be closed from May 14, 2024 to May 19, 2024 (both days inclusive). Shareholders whose names appear in the register of members of the Company on May 19, 2024 (the "Record Date") are entitled to the proposed dividend.

The dividend of HKD 35.239 cents per share (before tax) is expected to be paid to the holders of H Shares of the Company on July 5, 2024.