Power Assets Holdings Limited has issued a proxy form convening a hybrid General Meeting scheduled for 3:00 p.m. on 27 April 2026 at the Grand Ballroom, Harbour Grand Kowloon and simultaneously online.

Shareholders will vote on a single ordinary resolution authorising the company to proceed with connected and major transactions defined in a Share Purchase Agreement. The proposal covers:

• Disposal of PAH Sub’s Sale Shares. • Disposal of PAH Sub’s Shareholder Debt Instruments. • Ratification of all actions taken or to be taken by Power Assets and its subsidiaries in connection with the above transactions.

Submission logistics: proxy documents must reach Computershare Hong Kong Investor Services or the company’s registered office—or be emailed to eproxy@powerassets.com—no later than 48 hours before the meeting. Shareholders may appoint multiple proxies, who can attend either in person or via the Lumi online platform.

Contingency planning specifies that if a tropical cyclone signal No. 8, black rainstorm warning, or officially announced “extreme conditions” is in force at 9:00 a.m. on 27 April 2026, the meeting will be postponed to 3:00 p.m. on 28 April 2026 at the same venue and online platform.