Nexion Technologies Ltd. (Nexion Tech, 08420) has issued a circular convening its 2026 annual general meeting (AGM) for 10:30 a.m. on 8 May 2026 at The Center, Central, Hong Kong. Key resolutions to be tabled include refreshed authorisations for equity issuance and share repurchases, as well as the re-election of four directors.

Key agenda items:

1. Equity mandates • Share Issue Mandate: Directors will seek authority to allot and deal with up to 177.55 million new shares—20 % of the 887.76 million shares in issue as at 27 March 2026. • Share Repurchase Mandate: The board also proposes a 10 % buy-back limit, equivalent to 88.78 million shares. • Extension: Any shares repurchased under the buy-back mandate may be added to the issuance limit, potentially raising total headroom by a further 10 %.

2. Board composition • Re-election: Executive director and chairman Kenneth Vun, and independent non-executive directors Lynch Stephen Joseph Chor, Yeung Chun Yue David and Lim Joo Seng will retire by rotation and stand for re-election. • Independence: The nomination committee confirms that the three independent directors remain qualified under GEM Listing Rule 5.09.

3. Meeting logistics • Register closure: Shareholders must lodge transfers by 4:30 p.m. on 4 May 2026; the register will be closed from 5–8 May 2026 inclusive. • Voting method: All resolutions will be decided by poll. Proxy forms must reach Tricor Investor Services by 10:30 a.m. on 6 May 2026.

4. Share capital snapshot • Issued shares: 887.76 million ordinary shares; no treasury shares held on the Latest Practicable Date. • Principal shareholders: Alpha Sense Investments (17.44 %), XOX (Hong Kong) Ltd. (13.27 %). Full use of the buy-back mandate would not trigger a mandatory offer under the Hong Kong Takeovers Code or reduce the public float below 25 %.

The board states it has no immediate plans to issue or repurchase shares but seeks flexibility to act when conditions warrant.