Ningbo Joyson Electronic Corp. has called its 2026 First Extraordinary General Meeting (EGM) for 15 April 2026 in Ningbo, Zhejiang. The Board will ask shareholders to approve a special resolution granting a general mandate to repurchase up to 10% of the company’s issued H shares (excluding any treasury shares) during a defined “Relevant Period.”

Key details • Scope: Maximum of 15.51 million H shares—equivalent to 10% of the 155.10 million H shares in issue as of 20 March 2026. • Duration: From the date of EGM approval until the conclusion of the 2025 AGM or earlier revocation/variation by shareholders. • Purpose: Repurchased shares may be cancelled to reduce registered capital or retained as treasury shares for future disposition, in line with PRC law, the Articles of Association and Hong Kong Listing Rules. • Execution authority: The Board (with power of sub-delegation to the chairman or an authorised person) will determine timing, pricing, and quantities; handle creditor notifications, regulatory filings, account openings and foreign-exchange registration; and amend the Articles to reflect any capital changes.

Financial capacity and impact The directors state that implementing the mandate in full would not materially affect working-capital sufficiency or gearing, based on the latest audited accounts for the year ended 31 December 2024. Funding will be sourced from legally available internal or self-raised funds.

Shareholding impact As of the latest practicable date, Joyson Holding Co., Ltd. holds 33.85% of Joyson Electronic’s share capital (excluding treasury A-shares). Its controller, Chairman Wang Jianfeng, is deemed interested in a total 36.16% stake (direct and indirect). Full utilisation of the mandate would raise his proportionate voting interest to roughly 36.52%, still below the 30% trigger for a mandatory offer under Hong Kong’s Takeovers Code.

Procedural information • H-share register closure: 10–15 April 2026 (inclusive). • Proxy submission deadline: 9:30 a.m., 14 April 2026. • Voting method: Poll for all resolutions.

The Board recommends shareholders vote in favour of the repurchase mandate, citing confidence in future development, market-confidence support and potential enhancement of net asset value per share.