CAROTE LTD held its Annual General Meeting (AGM) on 29 May 2026, with all agenda items decided by poll. Shareholder participation reached 426.01 million shares, equivalent to approximately 77.34% of the 550.80 million issued shares entitled to vote (excluding 4.20 million treasury shares).

Financial Statements and Dividend • The audited consolidated financial statements for the year ended 31 December 2025 were approved with 100.00% of votes cast in favour. • A final dividend for FY 2025 was declared; the share register will close from 8–10 July 2026. To qualify, shareholders must ensure transfers are lodged by 16:30 on 7 July 2026.

Board and Auditor Matters • Independent non-executive directors Ms Yeung Shuet Fan Pamela and Mr Shi Zhoufeng were re-elected, each receiving 100.00% support. • The Board was authorised to set directors’ remuneration with unanimous approval. • PricewaterhouseCoopers was re-appointed as auditor, also with 100.00% support, and the Board was authorised to fix its remuneration.

Capital Management Resolutions • A 10% share repurchase mandate (Resolution 6) passed unanimously. • Conversely, the proposed 20% general mandate to issue additional shares or dispose of treasury shares (Resolution 5) and the associated extension mandate (Resolution 7) were rejected, gaining only 8.39% support each.

Governance and Attendance All directors attended the AGM in person or electronically. Computershare Hong Kong Investor Services Limited acted as scrutineer for the poll, and Chairman & CEO Mr Zhang Guodong presided over the meeting.

The AGM outcomes reaffirm CAROTE’s governance framework while limiting new share issuance, signalling shareholder focus on capital discipline ahead of the approved FY 2025 dividend distribution.