Sunpower Group Ltd. held its 2026 annual general meeting on Apr, 29 2026 in Singapore. All resolutions were approved by poll except the proposed re-election of Director Mr Yee Chia Hsing (Resolution 5), which was defeated.

Shareholders adopted the audited financial statements for the financial year ended Dec, 31 2025 and approved directors’ fees of up to 0.61 million Singapore dollars for FY2026, payable quarterly in arrears.

Mr Wang Dao Fu and Mr Lin Jiankai were re-elected to the board. Mr Yang Zheng, who had served more than eight years as an independent director, retired and did not seek re-election.

Messrs Deloitte & Touche LLP were re-appointed as external auditors. Shareholders also granted the board a general mandate to issue new shares of up to 50% of the company’s issued capital (with a 20% limit for non-pro-rata issues) and renewed the authority for the company to repurchase up to 10% of its own shares.

Management told shareholders there are currently no immediate plans for new share issues or share buy-backs. The meeting concluded at 11:45 a.m.