Denox Environmental & Technology Holdings Limited (“Denox Environmental”) reported that all resolutions related to its proposed Share Subscription and accompanying Whitewash Waiver were passed by independent shareholders at the 21 August 2026 Extraordinary General Meeting (EGM).

The sole ordinary resolution—approving the Share Subscription Agreement, its transactions and the Specific Mandate for issuing new shares—received 131.66 million votes in favour, representing 100.00% support from the 313.43 million eligible shares. The special resolution granting the Whitewash Waiver secured identical backing of 100.00% (131.66 million shares voted for, none against), comfortably exceeding the 75% approval threshold required.

On 18 August 2026, the Securities and Futures Commission’s Executive granted the Whitewash Waiver on condition that (1) the waiver and Share Subscription were endorsed by at least 75% and more than 50% respectively of independent votes cast—which the EGM has now satisfied—and (2) no change in voting rights by the subscriber group occurs before completion.

Shareholding implications: • Pre-transaction, the Subscriber (Ms. Zhao Shu), Advant Performance Limited and concert parties jointly held 279.41 million shares, equal to 47.13% of Denox Environmental’s 592.84 million issued shares. • Post-completion, total issued shares will rise to 770.70 million. The concert group’s aggregate stake will expand to 457.27 million shares, or 59.33%. Within this, Ms. Zhao Shu’s direct holding will jump from 24.61 million shares (4.15%) to 202.47 million shares (26.27%), while Advant Performance remains at 251.84 million shares (32.68%). • Public shareholders’ combined interest will dilute from 44.25% to 34.04%.

Denox Environmental also disclosed 28.83 million outstanding share options—none exercisable before completion—ensuring no further dilution prior to the subscription’s closing.

Completion of the Share Subscription remains subject to fulfilment of conditions precedent under the agreement. The company advises shareholders and potential investors to exercise caution when dealing in its shares until further announcement upon completion.