Hopson Development : SUPPLEMENTAL CIRCULAR TO THE CIRCULAR TO SHAREHOLDERS DATED 22 APRIL 2021 IN RELATION TO THE RE-ELECTION OF RETIRING DIRECTORS AT THE ANNUAL GENERAL MEETING AND SUPPLEMENTAL NOTICE OF ANNUAL GENERAL MEETING

THIS SUPPLEMENTAL CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

Hong Kong Exchange and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this supplemental circular, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this supplemental circular.

If you are in any doubt as to any aspect of this supplemental circular or as to the action to be taken, you should consult a stockbroker or other registered dealer in securities, bank manager, solicitor, professional accountant or other professional advisers.

If you have sold or transferred all your shares in Hopson Development Holdings Limited (the ''Company''), you should at once hand this supplemental circular and the accompanying second form of proxy to the purchaser or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser or the transferee.

(Incorporated in Bermuda with limited liability)

(Stock Code: 754)

website: http://www.irasia.com/listco/hk/hopson

SUPPLEMENTAL CIRCULAR TO

THE CIRCULAR TO SHAREHOLDERS DATED 22 APRIL 2021

IN RELATION TO THE RE-ELECTION OF RETIRING DIRECTORS

AT THE ANNUAL GENERAL MEETING

AND

SUPPLEMENTAL NOTICE OF ANNUAL GENERAL MEETING

This supplemental circular should be read together with the circular of the Company dated 22 April 2021 and the notice dated 22 April 2021 convening an annual general meeting (the ''AGM'') of the Company to be held at Gloucester Room, 2/F, Mandarin Oriental, 5 Connaught Road Central, Central, Hong Kong on Friday, 11 June 2021 at 10:30 a.m., as clarified by the clarification announcement of the Company dated 22 April 2021. A supplemental notice of the AGM of the Company is set out on pages 7 to 8 of this supplemental circular. A second form of proxy for the AGM, which shall supersede the form of proxy enclosed with the circular dated 22 April 2021, is also enclosed. Such form of proxy is also published on the websites of The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) and the Company (www.irasia.com/listco/hk/hopson).

Whether or not you intend to attend and vote at the AGM in person, you are requested to complete and return the enclosed second form of proxy to the branch share registrar of the Company, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong in accordance with the instructions printed thereon not less than 48 hours before the time fixed for the AGM (i.e. not later than Wednesday, 9 June 2021 at 10:30 a.m. (Hong Kong time)) or any adjournment thereof. The completion and return of the second form of proxy will not preclude you from attending and voting in person at the AGM should you so wish.

• for identification purposes only

12 May 2021

CONTENTS

	Page No.
DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	. . . 1
LETTER FROM THE BOARD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	. . . 3
SUPPLEMENTAL NOTICE OF AGM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	. . . 7

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DEFINITIONS

In this supplemental circular, the following expressions have the following meanings, unless the context requires otherwise:

''AGM''	the annual general meeting of the Company to be held at
	Gloucester Room, 2/F, Mandarin Oriental, 5 Connaught Road
	Central, Central, Hong Kong on Friday, 11 June 2021 at 10:30
	a.m. or any adjournment thereof
''Announcement''	the announcement of the Company dated 6 May 2021
	announcing the appointment of Mr. Ip as an independent non-
	executive Director
''Board''	the board of Directors
''Bye-laws''	the bye-laws of the Company as amended from time to time
''Company''	Hopson Development Holdings Limited, a company
	incorporated in Bermuda with limited liability and whose
	Shares are listed on the main board operated by the Stock
	Exchange
''Circular''	the circular of the Company dated 22 April 2021 in respect of
	the matters to be considered at the AGM as clarified by the
	Clarification Announcement
''Clarification Announcement''	the clarification announcement of the Company dated 22 April
	2021 in relation to book closure date for final dividend
''Director(s)''	director(s) from time to time of the Company
''First Proxy Form''	the form of proxy sent together with the Circular
''Latest Practicable Date''	6 May 2021, being the latest practicable date prior to the
	printing of this supplemental circular for ascertaining certain
	information for inclusion in this supplemental circular
''Listing Rules''	the Rules Governing the Listing of Securities on the Stock
	Exchange
''Mr. Ip''	Mr. Ip Wai Lun, William
''Notice''	the notice of AGM as set out on pages 14 to 17 of the Circular
	as clarified by the Clarification Announcement
''Second Proxy Form''	the form of proxy sent together with this supplemental circular

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DEFINITIONS

''Share(s)''	ordinary share(s) of HK$0.1 each in the share capital of the
	Company (or of such other nominal amount as comprising the
	ordinary share capital of the Company as shall result from a
	sub-division or a consolidation of the share capital of the
	Company from time to time)
''Shareholder(s)''	shareholder(s) of the Company
''Stock Exchange''	The Stock Exchange of Hong Kong Limited
''Supplemental AGM Notice''	the supplemental notice convening the AGM as set out on
	pages 7 to 8 of this supplemental circular

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LETTER FROM THE BOARD

(Incorporated in Bermuda with limited liability)

(Stock Code: 754)

website: http://www.irasia.com/listco/hk/hopson

Executive Directors:	Principal Office:
CHU Kut Yung (Chairman)	Unit 4903-10
ZHANG Fan (Co-president)	49/F., The Center
AU Wai Kin	99 Queen's Road Central
XIE Bao Xin	Central
BAO Wenge	Hong Kong
Independent Non-executive Directors:	Registered Office:
TAN Leng Cheng, Aaron	Clarendon House
CHING Yu Lung	2 Church Street
IP Wai Lun, William	Hamilton HM11
	Bermuda
	12 May 2021
To the Shareholders
Dear Sir or Madam,

SUPPLEMENTAL CIRCULAR TO

THE CIRCULAR TO SHAREHOLDERS DATED 22 APRIL 2021

IN RELATION TO THE RE-ELECTION OF RETIRING DIRECTORS

AT THE ANNUAL GENERAL MEETING

AND

SUPPLEMENTAL NOTICE OF ANNUAL GENERAL MEETING

INTRODUCTION

This supplemental circular should be read together with the Circular and the Notice. Unless otherwise defined, capitalised terms used in this supplemental circular shall have the same meanings as those defined in the Circular and the Notice.

• for identification purposes only

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