OneConnect to Hold Annual General Meeting on April 8, 2022 – QNT Press Release

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OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE:OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced that it will hold its annual general meeting (the “AGM”) of shareholders of 2022 at 55F, Ping An Financial Center, No. 5033 Yitian Road, Futian District, Shenzhen, Guangdong, People’s Republic of China on April 8, 2022 at 10:00 am (local time).

Five proposals will be submitted for shareholder approval at the annual general meeting: (i) in connection with the proposed listing on the Hong Kong Stock Exchange, to amend and restate the third amended and restated memorandum and articles of association of the Company currently in effect by deletion in their entirety and substitution in their place of the Company’s fourth amended and restated memorandum and articles of association, which is conditional upon and will be effective immediately prior to the completion of the Company’s listing on the Hong Kong Stock Exchange (the “Listing “); (ii) to approve the granting of a general mandate to the Directors to allot, issue or deal with additional shares of the Company not exceeding 20% ​​of the total number of issued shares immediately following the Listing, and which is conditional upon the Listing (the “Issuance Mandate”); (iii) to approve the granting of a general mandate to the Directors to exercise powers of the Company to repurchase shares of the Company representing up to 10% of the total number of issued shares immediately following the Listing, and which is conditional upon the Listing (the “Repurchase Mandate”); (iv) subject to an approval of the Issuance Mandate and the Repurchase Mandate and conditional upon the Listing, to approve an extension to the Issuance Mandate, such that the number of shares of the Company purchased under the Repurchase Mandate will also be added to extend the Issuance Mandate, provided that such additional amount shall not exceed 10% of the number of issued shares of the Company immediately following the Listing; and (v) to authorize …

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