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Warning to Shareholders

Boiler Room Scams

The UK Financial Conduct Authority (FCA) issued a warning to all shareholders in respect of unsolicited phone calls or correspondence concerning investment matters.

There have been reports that members of the public have received unsolicited telephone calls and fake paperwork from fraudulent companies, offering to sell HUTCHMED shares at a discount. We suspect that these calls are part of a scam and HUTCHMED would like to remind its shareholders to remain vigilant at all times. Please see the warning below for further information.

If you have any queries, please email ir@hutch-med.com.

General Information

Share Scams are often run from "boiler room" where fraudsters cold-call investors offering them worthless or non-existent shares, or offer to buy their shares in a company at an inflated price. The "boiler room" scam has developed over the recent years and there has been an increase in reports of overseas fraudsters contacting shareholders to sell and buy shares using the names, registration numbers and addresses of authorised firms and individuals in an attempt to convince consumers of their legitimacy. While they promise high returns, those who invest usually end up losing their money.

How to Avoid Share Fraud

In the UK, you can find further information on how you can avoid being a victim of share fraud at the Financial Conduct Authority (FCA) website (www.fca.org.uk):

  1. If it sounds too good to be true, it probably is!
  2. Remain vigilant - be very wary of any unsolicited advice, or offers to buy shares at a discount.
  3. If you receive any unsolicited investment advice of this nature, make sure you get the correct name of the person and organisation and make a record of any other information they give you, such as telephone number, address etc.
  4. Check the FCA register to see if the firm is authorized by FCA.
  5. Report the call to the FCA by calling the FCA Consumer Helpline on 0800 111 6768 or complete the online boiler room reporting form.
  6. You should also report suspected boiler room fraud to the police via national fraud reporting centre Action Fraud's website (www.actionfraud.police.uk) or call 0300 123 2040.
  7. Inform our Registrar, Computershare.
  8. If calls persist, hang up.

If you use an unauthorized firm to buy or sell shares or other investments, you will not have access to the Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS) if things go wrong.