UBTECH Robotics (09880.HK) Secures 98.66% Shareholder Support for Zhejiang Fenglong Electric Acquisition at 2026 First EGM

Bulletin Express03-10

UBTECH Robotics Corp Ltd (stock code: 09880) reported that its 2026 first extraordinary general meeting (EGM) held on 10 March 2026 in Shenzhen approved the proposed acquisition of shares in Zhejiang Fenglong Electric Co., Ltd.

The sole ordinary resolution garnered 235.43 million votes in favour, representing 98.66% of votes cast, while 3.20 million votes (1.34%) were against and 0.00 million votes abstained. As the affirmative votes exceeded the 50% threshold, the resolution was duly passed.

Voting base and participation: • Shares in issue as of the meeting date: 503.40 million. • Shares ineligible due to the H-share incentive scheme: 0.82 million. • Shares entitled to vote: 502.59 million (70.67 million Domestic Shares; 431.92 million H Shares). No shareholders were required to abstain under Hong Kong Listing Rules, and no treasury shares were held.

Tricor Investor Services Ltd acted as the scrutineer, and all members of the board—comprising four executive, three non-executive and four independent non-executive directors—were in attendance.

With shareholder approval secured, UBTECH Robotics can move forward with the Zhejiang Fenglong Electric share acquisition as outlined in the circular dated 16 February 2026.

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