VEDAN INTERNATIONAL (HOLDINGS) LTD. (VEDAN INT'L, 02317) has dispatched its 2026 Annual General Meeting (AGM) circular dated 23 April 2026, outlining key resolutions for shareholder approval.

Key proposals and timetable 1. AGM: 26 May 2026, 3:00 p.m., Falcon Room I, Gloucester Luk Kwok Hong Kong, Wanchai. 2. Register closure for AGM: 20–26 May 2026 (both days inclusive); record date 26 May 2026. 3. Proposed final dividend: US¢0.82 per share for FY 2025; register closed 2–5 Jun 2026; payment targeted for 16 Jun 2026.

Board composition • Four directors retire by rotation and stand for re-election: – Executive directors: Mr Yang Cheng, Mr Yang Chen-Wen, Mr Yang Kun-Chou – Non-executive director: Mr Chou Szu-Cheng

Capital mandates • Share Buy-back Mandate: authority to repurchase up to 10% of issued shares, equal to 152.27 million shares, based on 1.52 billion shares outstanding as of 14 Apr 2026 (Latest Practicable Date). Directors currently have no plan to execute repurchases. • Issuance Mandate: authority to issue up to 20% of issued shares, or 304.55 million shares, with an additional extension for any shares repurchased under the buy-back mandate. • Funding for repurchases will rely on legally available resources; directors will avoid actions that trigger a mandatory general offer under the Hong Kong Takeovers Code or reduce public float below 25%.

Shareholding impact • Controlling shareholders, led by Billion Power and related Yang Family entities, hold 61.49% of issued shares. Full utilisation of the 10% buy-back mandate would lift their aggregate stake to 68.33%, still above the 25% public-float threshold. Billion Power’s stake would rise from 33.63% to 37.37%; safeguards are in place to avoid mandatory takeover obligations.

Market context Over the 12 months to 14 Apr 2026, VEDAN INT'L shares traded between HK$0.53 and HK$0.81.

Shareholders are encouraged to submit proxy forms by 24 May 2026 if unable to attend the AGM in person.