Perennial Energy Holdings Limited will convene its 2026 annual general meeting (AGM) on 5 June 2026 at 10:00 a.m. in Hong Kong (Poolside Meeting Room II, Royal View Hotel, Tsuen Wan). Shareholders will vote on seven resolutions, covering routine governance items and refreshed capital mandates.

Key items on the agenda:

1. Financial statements Shareholders will consider and adopt the audited consolidated financial statements and the reports of the board and independent auditor for the year ended 31 December 2025.

2. Board composition and remuneration • Re-election of three retiring directors: Chairman and Executive Director Yu Bangping, Executive Director Yu Xiao and Independent Non-executive Director Fong Wai Ho. • Authorisation for the board to set directors’ remuneration.

3. Auditor Re-appointment of Deloitte Touche Tohmatsu as independent auditor with board-delegated authority to fix its fees.

4. General mandate to issue shares Directors seek authority to allot and issue new shares, convertible securities or options up to 20% of the company’s issued share capital (excluding treasury shares) during the mandate period. The mandate also covers the sale or transfer of treasury shares. No immediate issuance plans were disclosed.

5. Share repurchase mandate A separate mandate would allow on-market repurchases of up to 10% of issued shares (excluding treasury shares) over the same period. The board states it will exercise this authority when deemed beneficial to shareholders.

6. Extension mandate Subject to approval of the above two mandates, the share-issuance limit may be increased by the amount of shares actually repurchased, effectively permitting additional issuance of up to 10% of issued shares.

7. Adoption of amended memorandum and articles Shareholders will vote on replacing the existing memorandum and articles of association with a fully amended and restated version, effective immediately after the AGM.

Key administrative details:

• Record date and book closure: The register of members will close from 2 June 2026 to 5 June 2026 (both days inclusive). Transfers must be lodged by 4:30 p.m. on 1 June 2026 to qualify for AGM attendance and voting. • Proxy deadline: Completed proxy forms must reach Tricor Investor Services Limited by 10:00 a.m. on 3 June 2026. • Contingency: If Typhoon Signal No. 8 or a Black Rainstorm Warning is in force at or after 7:00 a.m. on the meeting day, the AGM will be postponed; details would be announced on the company and HKEX websites.

Perennial Energy’s board currently comprises five executive directors and four independent non-executive directors.