AMTD IDEA Proposes Stock Dividend of AMTD Digital Inc. and The Generation Essentials Group Shares

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AMTD IDEA Group will propose a stock dividend distributing shares of its subsidiaries, AMTD Digital Inc. and The Generation Essentials Group, to shareholders and ADS holders, pending board approval on record date and amount. This exploratory plan hinges on AMTD IDEA's and subsidiaries’ performance and overall market conditions.

1. Proposed Stock Dividend Plan

AMTD IDEA Group announced a proposal to distribute stock dividends in the form of shares of its subsidiaries, AMTD Digital Inc. and The Generation Essentials Group, to shareholders and American depositary share holders. The final record date, distribution ratio, timing and form are subject to the board of directors’ determination.

2. Conditions for Approval

The Proposed Distribution remains exploratory and contingent upon factors such as AMTD IDEA Group’s and the listed subsidiaries’ financial performance, overall market conditions and board deliberations. There is no assurance that any distribution will be made until these elements are fully assessed.

3. Subsidiaries’ Profiles

AMTD Digital Inc., headquartered in France, has operated as a one-stop digital solutions platform with a NYSE listing since 2022. The Generation Essentials Group, a SPAC-backed media and entertainment entity, raised $150 million through a December 2025 IPO of 15 million units at $10 each and trades on the NYSE and NYSE American.

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