Shanghai Sunmi Technology Co., Ltd. will hold its 2025 annual general meeting (AGM) at 14:00 on 30 June 2026 in Shanghai, according to a circular released on 8 June 2026.

Key agenda items

1. Capital authorisations • Issue mandate: Directors seek authority to issue, allot or deal with additional H shares— including convertible and option securities—of up to 20% of the existing H-share count. Based on the current 299.00 million H shares in issue, the mandate would allow up to 59.80 million new H shares. • Repurchase mandate: The board also requests approval to buy back up to 10% of outstanding H shares, representing up to 29.90 million shares. Repurchased stock may be cancelled or held as treasury shares.

2. Routine business • Approval of the 2025 Environmental, Social and Governance Report. • Review of the 2025 Board Work Report and the Independent Non-executive Directors’ Work Report. • Endorsement of the 2026 remuneration plan: executive directors and senior management will receive position-linked pay; each independent director will receive an annual pre-tax allowance of RMB0.12 million. • Re-appointment of Deloitte Touche Tohmatsu as external auditor for 2026 with estimated fees of RMB5.00 million–RMB6.00 million.

Share capital snapshot

• Total shares issued: 402.63 million (98.58 million Class A; 304.04 million Class B). • H shares outstanding: 299.00 million. • Weighted voting rights: each Class A share carries ten votes except on reserved and special matters, where all shares carry one vote.

Key dates

• Register closure: 25 – 30 June 2026 (both days inclusive). • Share transfer deadline: 16:30 on 24 June 2026. • Proxy forms: to be lodged by 14:00 on 29 June 2026.

Board recommendation

The board recommends shareholders vote in favour of all proposals, citing enhanced financial flexibility and continued corporate governance improvements.