Sunshine Oilsands (the Company) has confirmed that its special meeting of shareholders will take place on March 27, 2026 (Hong Kong time) / March 26, 2026 (Calgary time). The Board has set the record date for determining shareholder eligibility at 4:30 p.m. on February 26, 2026 (both Hong Kong and Calgary time).

According to the announcement, the special meeting aims to consider and approve, among other matters, the proposed adoption of a share award scheme. The Company advises that only shareholders on record as of the stated record date will receive the meeting notice and have the right to vote. In the event of any share transfers after February 26, 2026, transferees must meet the official requirements to ensure their eligibility to vote.

A formal notice, which will include the meeting agenda and supporting circular, is expected to be made available on or around March 5, 2026. The Company highlights its focus on oil sands development projects in the Athabasca region of Alberta and reiterates that its West Ells Phase 1 project is currently operational with an initial production target of 5,000 barrels per day.

The Company’s announcement also contains cautionary statements regarding forward-looking information, emphasizing that actual outcomes could differ from any projections included. Any updates or changes to the special meeting details will be disclosed through official channels as required under applicable securities legislation.