Shandong Chenming Paper Holdings Limited (Chenming Paper) has circulated the proxy form and agenda for its 2025 Annual General Meeting (AGM), scheduled for 2:30 p.m. on 15 May 2026 at the company’s R&D Centre in Shouguang City, Shandong Province.

Key items to be voted on are as follows:

1. Operating Performance and Financials • Board Report and full 2025 Annual Report will be submitted for shareholder review. • The 2025 financial statements are up for approval. • The company confirms an uncovered loss exceeding one-third of total paid-up share capital, triggering a mandatory shareholder resolution.

2. Profit Distribution • Directors propose no profit distribution for 2025 in light of the accumulated loss position.

3. Governance and Audit • Re-appointment of external auditors for the 2026 fiscal year is on the agenda. • A new Remuneration Management System for directors and senior management will be considered, alongside the 2025 remuneration payout and the 2026 remuneration scheme. • The company seeks authorization to purchase liability insurance for directors and senior executives.

4. Operational and Financing Mandates • Shareholders will vote on the expected cap for 2026 continuing related-party transactions. • Management requests approval for annual credit lines from financial institutions, initiation of factoring for accounts receivable, and equipment financing activities. • Special resolutions include granting guarantees for subsidiaries in 2026, authorizing subsidiaries to provide external guarantees, and approving a general mandate for potential new share issuance.

The proxy form allows shareholders to appoint representatives and indicate voting preferences for each resolution. Completed forms must reach Computershare Hong Kong Investor Services Limited no less than 24 hours before the meeting.