To: PCCW Limited (the "Company") 致： 電訊盈科有限公司（「公司」） Part A 甲部 (For Election/Change of Means of Receipt of future Corporate Communications 適用於選擇╱更改日後公司通訊之收取方式 ) (Please choose ONLY ONE of the options below)（請僅選擇下列其中一項） Option 1: Provide email address by scanning the personalised QR code for receipt of future Corporate Communications* of the Company via electronic dissemination 選項 1： 掃描專屬二維碼提供電郵地址，以接收公司通過電子方式發佈的日後公司通訊* You are NOT required to return this Reply Form if you choose Option 1. 如選擇選項 1， 閣下無須交回本回條。 P ...

（股份代號：00008） Dear Shareholder(s) PCCW Limited (the "Company") PCCW Limited 電 訊 盈 科 有 限 公 司 (Incorporated in Hong Kong with limited liability) （於香港註冊成立的有限公司） (Stock Code: 00008) 電訊盈科有限公司（「本公司」） - Notification of publication of 2025 Annual Report and Circular together with Notice and Form of Proxy for use at Annual General Meeting to be held as a hybrid meeting on Thursday, 21 May 2026 at 4pm at the principal meeting place at 14th Floor, PCCW Tower, Taikoo Place, 979 King's Road, Quarry Bay, Hong Kong (collec ...

電訊盈科有限公司 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 PCCW Limited 電訊盈科有限公司 （於香港註冊成立的有限公司） （股份代號：00008） 建議修訂組織章程細則 電訊盈科有限公司（「本公司」）董事會（「董事會」）謹此宣佈，董事會建議對 本公司現有組織章程細則（「章程細則」）作出若干修訂，旨在(i)配合經修訂 《公司條例》（香港法例第 622章）有關香港註冊成立的上市公司實施庫存股份制度 及推動無紙化公司通訊的規定；及(ii)作出內務修訂以使章程細則符合《香港聯合交 易所有限公司證券上市規則》的規定。 對章程細則的建議修訂須待本公司股東（「股東」）於本公司將於 2026 年 5 月 21 日 舉行的應屆股東週年大會（「股東週年大會」）上以特別決議案批准，方可作實。 一份載有（其中包括）有關對章程細則作出建議修訂的詳情連同股東週年大會通告 的通函將於適當時候寄發予股東。 承董事會命 麥雅文；黃惠君；Bryce Wayne Lee ...

2. 良好管治 | 2.1 | 企業風險管理 | 20 | | --- | --- | --- | | 2.2 | 以道德領航 打造卓越企業文化 | 21 | | 2.3 | 可持續的供應鏈管理 | 26 | 2025 環境、社會及 管治報告 股份代號: 0008 目錄 1. 電訊盈科的可持續發展 | 1.1 | 署理集團董事總經理的話 | 4 | | --- | --- | --- | | 1.2 | 關於電訊盈科 | 5 | | 1.3 | 關於此報告 | 6 | | 1.4 | 2025年表現概覽 | 8 | | 1.5 | 可持續發展管治和監督 | 11 | | 1.6 | ESG策略框架概覽 | 13 | | 1.7 | 與持份者同行 | 14 | | 3. | 共享社會價值 | | | --- | --- | --- | | | 推動數碼創新與價值 3.1 | 29 | | | 提供以客為本的服務 3.2 | 32 | | | 3.3 深化社區參與 | 38 | | | 3.4 培育豐富人才 | 44 | | 4. | 優化環境治理 | | | | 邁向卓越環境表現 4.1 | 56 | | | ...

User Growth and Engagement - Viu added 1.3 million paid users, reaching a total of 16.8 million paid subscribers, with strong performance in Thailand, Indonesia, and Malaysia[20]. - ViuTV's digital membership increased by over 3.6% to 3.4 million, with viewing time rising by 6.7%[22]. - Viu introduced over 200 new productions, including popular Korean dramas and localized content, driving significant user engagement[21]. - Viu's short drama format launched in January 2026 achieved over 11% viewing penetration within the first three weeks[21]. - The return of ViuTV's popular talent show "全民造星VI" is expected to inject new energy into the talent pool[22]. Financial Performance - The company reported a significant increase in revenue, achieving a total of HKD 10 billion for the last quarter, representing a 15% year-over-year growth[35]. - Consolidated profit increased by 35% to HKD 2.615 billion[149]. - Revenue increased by 7% to HKD 40.252 billion[149]. - EBITDA rose by 3% to HKD 13.290 billion[150]. - Total revenue for the year ended December 31, 2025, increased by 5% to HKD 36.55 billion, with operational costs reduced by 4% to HKD 31.79 billion[159]. Business Strategy and Growth Initiatives - The company is focusing on building new growth engines to expand market coverage and enhance monetization capabilities[21]. - The company aims to leverage its strong financial position to create value for customers, partners, and shareholders while contributing to Hong Kong's digital development[17]. - The company is expanding its market presence in Southeast Asia, targeting a 20% market share in the region by 2025[35]. - New product launches are expected to contribute an additional HKD 1 billion in revenue, with a focus on innovative telecommunications solutions[35]. - The introduction of the Viu-HBO Max streaming package is expected to drive subscription growth and expand market coverage[163]. Corporate Governance and Board Structure - The board consists of 13 members, including 2 executive directors, 5 non-executive directors, and 6 independent non-executive directors, ensuring at least one independent director has appropriate professional qualifications[68]. - The company emphasizes high standards of corporate governance, ensuring ethical practices and compliance with applicable laws and regulations[61]. - The board has established a mechanism for independent opinions, with at least one private meeting annually between the chairman and independent non-executive directors[79]. - The board's performance evaluation process includes self-assessment questionnaires from all directors, indicating overall satisfactory performance for the year ending December 31, 2025[81]. - The company has adopted a securities trading code for all directors and employees, ensuring compliance with the standards set forth in the listing rules[65]. Risk Management and Compliance - The group emphasizes a strong risk management culture, ensuring operational units identify and manage risks effectively to protect assets and ensure accurate financial reporting[112]. - The audit committee oversees the implementation of a whistleblowing policy, allowing stakeholders to report misconduct, ensuring transparency and confidentiality[117]. - The group has updated its data privacy policy in 2024 to reflect changing regulatory environments and protect individuals' privacy rights[117]. - The group employs a "three lines of defense" model for its enterprise risk management framework, ensuring effective risk identification and management[120]. - The group conducts regular evaluations of its risk management and internal control systems, with at least annual certifications to ensure ongoing effectiveness[125]. Sustainability and Social Responsibility - The company is committed to sustainable development practices, addressing environmental, social, and governance issues[61]. - The group has optimized its sustainability policies, introducing new climate change and occupational safety policies to enhance governance standards[194]. - The group supports the government's "Co-Creation Teen Program" to assist disadvantaged youth in creating opportunities[200]. - The group received the "Caring Company" advanced performance logo from the Hong Kong Council of Social Service[200]. - The recognition highlights the group's 23 years of contributions to promoting a culture of care[200]. Technology and Innovation - Hong Kong Telecom launched the 800G AI Superhighway service and completed the deployment of 25Gbps mobile backbone to enhance network capabilities[16]. - Ongoing research and development efforts are focused on 5G technology, with an investment of HKD 500 million planned for the next year[35]. - The group conducted over 170 AI workshops for more than 15,000 customers, emphasizing its commitment to enhancing digital literacy[197]. - A generative AI task force has been established to drive new strategies and oversee the adoption of generative AI while managing associated risks and compliance challenges[138]. - The company has a commitment to innovation, continuously extending its business into a wide range of innovative service solutions[138].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 PCCW Limited 電訊盈科有限公司 （於香港註冊成立的有限公司） （股份代號：00008） 香港電訊信託 （一個根據香港法律於 2011 年 11 月 7 日成立 並由香港電訊管理有限公司管理的信託） 與 香港電訊有限公司 （於開曼群島註冊成立的有限公司） （股份代號：06823） 須予披露及關連交易 進一步出售一家附屬公司的權益 於 2026 年 3 月 30 日（於交易時段後），賣方與買方訂立買賣協議，據此，賣方 同意出售而買方同意購買目標權益，總代價為 209,452,500 美元，將以現金結 算。於完成後，目標公司將仍是香港電訊的間接附屬公司，亦即為電訊盈科的 間接附屬公司。 賣方、投資者及目標公司亦於同日訂立股東協議修訂契據。 背景 於 2026 年 3 月 30 日（於交易時段後），賣方與買方訂立買賣協議，據此，賣方同 意出售而買方同意購買目標權益，總代價為 209,452,500 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 第 1 頁 共 10 頁 v 1.2.0 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 | 截至月份: | 2026年2月28日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 電訊盈科有限公司 | | | 呈交日期: | 2026年3月3日 | | | I. 法定/註冊股本變動 | 不適用 | | FF301 1. 股份分類 普通股 股份類別 不適用 於香港聯交所上市 (註1) 是 證券代號 (如上市) 00008 說明 已發行股份（不包括庫存股份）數目 庫存股份數目 已發行股份總數 上月底結存 7,747,762,518 0 7,747,762,518 增加 / 減少 (-) 0 0 本月底結存 7,747,762,518 0 7,747,762,518 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》第17.37D(1)條或第25.21D(1 ...

Core Viewpoint - PCCW demonstrated resilience in its performance amid global trade uncertainties and cautious consumer sentiment, supported by disciplined execution and scaling of core businesses [2]. Financial Performance - PCCW achieved a 7% increase in revenue, reaching over USD 5.16 billion, while EBITDA rose by 3% year-on-year to USD 1.704 billion [5]. - The OTT business recorded a 5% revenue growth and over 50% increase in EBITDA, benefiting from economies of scale, improved operating efficiency, and a prudent content strategy [5]. Business Highlights - Viu, PCCW's regional video streaming platform, remains the leading player in the greater Southeast Asian markets with paid subscribers reaching 16.8 million [3]. - New growth initiatives for Viu, including Viu Shorts, are aimed at ensuring sustainable growth [3]. - ViuTV is expanding its reach among younger viewers with a strengthened talent roster and an exciting lineup of group concerts planned for the upcoming year [3]. Strategic Focus - HKT is committed to providing best-in-class digital infrastructure to support enterprises and enhance customer experience, particularly as they adopt AI-enabled technologies [4].

Core Viewpoint - The company reported a 7% increase in revenue to HKD 40.252 billion and a 3% increase in EBITDA to HKD 13.290 billion for the fiscal year ending December 31, 2025, with a narrowed loss attributable to equity holders by 16% to HKD 253 million [1] Group 1: Financial Performance - Revenue increased by 7% to HKD 40.252 billion [1] - EBITDA rose by 3% to HKD 13.290 billion [1] - Loss attributable to equity holders narrowed by 16% to HKD 253 million, with a basic loss per share of HKD 0.0327 [1] Group 2: Viu's Market Position and Strategy - Viu continues to strengthen its regional leadership by providing high-quality, localized content across 15 markets in Southeast Asia, the Middle East, and South Africa [1] - The platform added 1.3 million new paying users, bringing the total to 16.8 million [1] - Strong performance in Thailand, Indonesia, and Malaysia driven by closer collaboration with local partners and strategies to enhance market penetration [1] Group 3: Content Strategy and Growth - The growth is attributed to a balanced and well-planned content mix, including over 200 new productions, with a focus on high-quality content [2] - Popular titles like "Taxi Driver 3" and "Shining for You" significantly contributed to user growth and engagement [2] - Viu's subscription revenue grew by 13%, while the EBITDA for the over-the-top (OTT) business surged by 56% [2]

Financial Performance - The company reported a 7% increase in revenue to HKD 40.252 billion and a 3% increase in EBITDA to HKD 13.290 billion for the fiscal year ending December 31, 2025 [1] - The loss attributable to equity holders narrowed by 16% to HKD 253 million, with a basic loss per share of HKD 0.0327 [1] - The final dividend declared is HKD 0.2848 per ordinary share, bringing the total annual dividend to HKD 0.3825 per ordinary share [1] Viu's Market Position - Viu continues to strengthen its regional leadership by providing high-quality, localized content across 15 markets in Southeast Asia, the Middle East, and South Africa [1] - The platform added 1.3 million new paying users during the year, reaching a total of 16.8 million paying users [1] - Strong performance was noted in Thailand, Indonesia, and Malaysia, driven by closer collaboration with local partners and strategies to enhance market penetration [1] Content Strategy - The growth is attributed to a balanced and well-planned content mix, focusing on high-quality offerings [2] - Over 200 new titles were launched, including popular Korean dramas and expanded Chinese programming to meet regional demand [2] - Viu's subscription revenue grew by 13%, while the EBITDA for the over-the-top (OTT) business increased by 56% [2]