The Company wishes to announce that at its Extraordinary General Meeting ("EGM") held on 28 November 2022, the shareholders of the Company had approved the resolutionas set out in the Notice of the EGMdated 11 November2022.

The voting in respect of the resolutionwas carried out by way of a poll and the resultwasvalidated by Messrs H. H. Fong & Co., the Independent Scrutineer appointed by the Company. Details of the said results are set out in the attachment.

This announcement is dated 28 November 2022.

Proposed disposal of a lot of freehold land in Windermere, Cumbria, England, the United Kingdom together with a hotel erected thereon, by Belsfield LLP ("Vendor"), a 61.11%-owned limited liability partnership of MUI held via its subsidiaries to Belsfield Propco Limited and Belsfield Opco Limited (collectively, "Purchasers"), for a disposal consideration of up to GBP15,100,000 to be satisfied entirely in cash ("Proposed Disposal").