For the month ended 31 March 2026, GCL New Energy reported no movements in either authorised or issued share capital, according to its latest monthly return filed with Hong Kong Exchanges and Clearing Limited on 9 April 2026.

• Authorised share capital stayed at 3.00 billion ordinary shares with a par value of HKD 0.083333333334 each, equivalent to HKD 250.00 million.

• Issued share capital remained unchanged at 1.554 billion shares, and the company held no treasury shares.

• The company confirmed compliance with the Main Board’s minimum public-float requirement of 25 per cent.

Equity-linked instruments and potential dilution: 1) Share option schemes – 12.92 million options (granted 26 Feb 2021, adjusted exercise price HKD 7.68) and 1.88 million options (granted 3 Nov 2021, adjusted exercise price HKD 7.14) were outstanding at month-end; no options were exercised in March. – The 2024 Share Option Scheme, adopted on 23 May 2024, allows for the future issue of up to 140.09 million shares.

2) Convertible bonds – HKD 63.72 million principal amount of bonds issued on 21 Mar 2025 remains outstanding, convertible into up to 141.60 million shares at HKD 0.45 per share; no conversions occurred during the month.

3) Other share issue agreements – Under subscription and investment agreements signed on 7 Jan 2026 and supplemented on 12 Mar 2026 with Pharos Network Technology Limited, the company may issue up to 183.48 million new shares in tranches, subject to conditions precedent; none were issued in March.

Overall, there were no increases or decreases in issued or treasury shares during the period under review.