Fenbi Ltd. has issued its AGM circular detailing several key resolutions that will be put to shareholders on 26 June 2026 in Hong Kong.

Key proposals:

1. Share Issue Mandate • Directors seek authority to allot, issue or transfer up to 441.68 million shares, equal to 20 % of the company’s 2.24 billion issued shares (excluding 30.56 million treasury shares) as at the latest practicable date, 21 April 2026.

2. Share Repurchase Mandate • A parallel mandate would allow the buy-back of up to 220.84 million shares, representing 10 % of the current issued share base (excluding treasury shares). • Fenbi repurchased 30.56 million shares on-market between November and December 2025; these shares remain in treasury.

3. Extension Mandate • Subject to approval of the two mandates above, the board may extend the Issue Mandate by the number of shares actually repurchased under the new buy-back authority.

4. Board Changes • Re-election of Non-executive Director Wu Zhenggao and Independent Non-executive Directors Qiu Dongxiao Larry and Yuan Jia. • The Nomination Committee supports their reappointment, citing continued contribution to board diversity and governance.

5. Auditor Re-appointment • PricewaterhouseCoopers is nominated to continue as external auditor for the next financial year, with fees capped at RMB3.92 million.

AGM Details: • Date & Time: Friday, 26 June 2026, 10:00 a.m. • Venue: Suites 1606-08, Jardine House, 1 Connaught Place, Central, Hong Kong. • Shareholder register closes 23–26 June 2026; record date 26 June 2026.

Voting will be conducted by poll, and holders of treasury shares and the trustee of the 2023 RSU Scheme will abstain from voting. Proxy forms must be lodged at Computershare Hong Kong Investor Services by 24 June 2026, 10:00 a.m.