The Board of Huayu Expressway Group Limited announced that at the Board meeting held on 28 June 2024, having considered the receipt of the Second Instalment of the Proposed Disposal in near future (the "Receipt") and the business, financial and cashflow position of the Group, the Board has resolved to declare the Special Dividend of HKD 0.121 per Share in connection with the Proposed Disposal to the shareholders (the "Shareholders") whose names appear on the register of members of the Company on 18 July 2024. Subject to the Receipt, it is expected that the Special Dividend will be payable to the Shareholders in cash on or about 1 August 2024. In order to determine the entitlement to the Special Dividend, the register of members and transfer books of the Company will be closed from 16 July 2024 to 18 July 2024 (both days inclusive), during which period no transfer of Shares will be registered.