Auto Italia Holdings Limited will convene a special general meeting on 20 May 2026 at 4:00 p.m. at United Conference Centre, Admiralty, Hong Kong. The board is asking shareholders to approve and adopt a new share scheme and a related scheme mandate limit set at 10% of the company’s issued share capital (excluding treasury shares) as of the date of the resolution.

Key resolution points:

• Share Scheme Adoption: Conditional on Hong Kong Stock Exchange approval for listing and dealing in any ordinary shares issued or transferred upon vesting or exercise of awards under the scheme.

• Director Authority: Directors would be empowered to administer the scheme, amend its terms in line with Listing Rule Chapter 17, and allot or transfer shares required for award settlement. They may also apply for listing of any shares issued and agree to conditions imposed by relevant authorities.

• Scheme Mandate Limit: Capped at 10% of outstanding shares on the approval date, providing a defined ceiling for potential equity dilution.

Administrative details:

• Voting Method: All resolutions will be decided by poll in compliance with Listing Rule 13.39(4).

• Record Date & Book Closure: Share transfer registration will be suspended from 15 May to 20 May 2026 (both days inclusive). Shareholders must be on the register by 14 May 2026 at 4:30 p.m. to attend and vote.

• Proxy Deadline: Valid proxy forms must reach Tricor Investor Services Limited by 4:00 p.m. on 18 May 2026.

• Contingency: If Typhoon Signal No. 8 or a black rainstorm warning is hoisted, the meeting will be postponed; a notice will be issued on HKEXnews and the company’s website.

The board currently comprises four executive directors (including Executive Chairman and CEO Benny Chong), one non-executive director, and three independent non-executive directors.