Lonking Holdings Limited has issued a circular outlining resolutions to be tabled at the Annual General Meeting scheduled for 28 May 2026, 10:00 a.m. at Meeting Room 508, Jucai Office Building, Shanghai.

Key proposals include:

1. Capital Mandates • Issue Mandate: Directors seek authority to allot and issue up to 20% of existing share capital, equivalent to 856.02 million new shares, based on the 4.28 billion shares in issue as of 21 April 2026. • Repurchase Mandate: Authorisation to buy back up to 10% of issued shares, or 428.01 million shares. • Extension Mandate: An additional mandate to increase the issue limit by the number of shares actually repurchased.

2. Dividend The Board recommends a final dividend of HK$0.20 per share for FY2025.

3. Director Re-elections Eight directors are slated for re-election. Separate resolutions will be put forward for independent non-executive directors Dr. Qian Shizheng and Mr. Wu Jian Ming, each having served more than nine years.

4. Auditor Appointment Re-appointment of Ernst & Young is proposed, with the FY2026 audit fee estimated at RMB2.90–3.00 million (approximately HK$3.32–3.44 million).

5. Shareholding Impact Controlling shareholder Ms. Ngai Ngan Ying holds 56.92% of issued shares. Full utilisation of the buy-back mandate would raise her interest to 63.24%, still above the 25% public-float threshold.

6. Timetable The share register will be closed from 22 May to 28 May 2026; transfers must be lodged by 4:30 p.m. on 21 May 2026 to qualify for AGM attendance and voting.

All resolutions will be decided by poll, and proxy forms must be submitted no later than 48 hours before the meeting.