AGM/EGMMay 18, 2026, 07:27 AM
NetEase Schedules 2026 AGM for June 23; Key Proposals Include Director Re-election
AI Summary
NetEase, Inc. announced its 2026 Annual General Meeting of Shareholders (AGM) will be held on June 23, 2026, in Hangzhou, China. Shareholders will vote on several key proposals, including the re-election of six directors, the ratification of auditors, and mandates for share issuance and repurchase. Additionally, the company seeks to amend its 2019 Share Incentive Plan and update its memorandum and articles of association to comply with HK Listing Rules, allowing for hybrid general meetings and electronic voting.
Key Highlights
- NetEase's 2026 Annual General Meeting of Shareholders is scheduled for June 23, 2026, at 10:00 a.m. Beijing time.
- Shareholders will vote on the re-election of six directors, including Mr. William Lei Ding.
- Proposal to ratify the appointments of PricewaterhouseCoopers Zhong Tian LLP and PricewaterhouseCoopers as auditors for fiscal year 2026.
- Seek approval for a general mandate to allot, issue, or deal with additional shares/ADSs not exceeding 10% of total issued shares.
- Seek approval for a general mandate to repurchase shares/ADSs not exceeding 10% of total issued shares.
- Propose to amend and restate the 2019 Share Incentive Plan and approve the Consultant Sublimit.
- Special resolution to amend the company's memorandum and articles of association to align with HK Listing Rules, allowing hybrid general meetings and electronic voting.
- The record date for ordinary shares is May 26, 2026, Hong Kong time, and for ADSs is May 26, 2026, New York time.
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