Cool Link Sets 25 June 2026 AGM; Seeks Fresh 20% Issue Mandate, 10% Buy-back Authorisation and Director Re-elections

Bulletin Express05-28

Cool Link (Holdings) Ltd (Cool Link; 08491) has dispatched its 2026 AGM circular, with the meeting scheduled for 25 June 2026 at 11:00 a.m. in Hong Kong. Key resolutions to be tabled are as follows:

1. Capital mandates • General Issue Mandate – Directors request authority to allot and issue up to 20% of the issued share capital (maximum 79.72 million new shares, based on 398.61 million shares outstanding as of 22 May 2026). • Share Repurchase Mandate – Approval to buy back up to 10% of issued shares (up to 39.86 million shares). • Extension Mandate – Any shares repurchased under the buy-back authority may be added to the issue mandate, potentially lifting total headroom to 30% of current issued shares. The board states it has no immediate plans for new share issues. No share repurchases have been conducted in the past six months.

2. Board composition • Executive Co-Chairman Tan Seow Gee and independent non-executive directors Chan Oi Chong and Luk Huen Ling Claire will retire by rotation and offer themselves for re-election. • The Nomination Committee confirms all three meet independence and performance criteria; the board recommends their re-election.

3. Auditor re-appointment • Prism Hong Kong Limited is proposed for re-appointment as external auditor for FY2026, with an estimated audit fee of HK$0.66 million–0.70 million.

4. Shareholder logistics • The register of members closes from 22 June to 25 June 2026 (both days inclusive). Shareholders must lodge transfers by 4:30 p.m. on 18 June 2026 to qualify for AGM attendance and voting. • All AGM resolutions will be decided by poll.

5. Market data • Over the twelve months to May 2026, Cool Link’s shares traded between HK$0.36 and HK$0.73. • The company affirms any repurchases will be funded from legally available resources without materially affecting working-capital or gearing levels and will maintain the public float above 25%.

Management views the proposed mandates and governance actions as supportive of future flexibility and in the best interests of shareholders.

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