Vital Innovations Seeks 20% Issuance Mandate and 10% Buy-back Authority; Three Directors Up for Re-election at 29 Jun 2026 AGM

Vital Innovations Holdings Limited released its AGM circular dated 30 Apr 2026, detailing resolutions that will be put to shareholders on 29 Jun 2026 at 11:00 a.m. in Central, Hong Kong.

Key Mandate Proposals • Issue Mandate: The Board seeks authority to allot, issue or otherwise deal with up to 170.00 million new shares—20% of the 850.00 million shares in issue as at 24 Apr 2026, the latest practicable date. • Buy-back Mandate: Directors also request approval to repurchase up to 85.00 million shares, representing 10% of issued share capital. Shares bought back may be cancelled or held as treasury stock, with any resale of treasury shares counted towards the Issue Mandate. • Combined Authority: A separate resolution would extend the Issue Mandate by the number of shares actually repurchased under the Buy-back Mandate.

Share Capital and Ownership Implications • Vital Innovations had 850.00 million issued shares and no treasury shares as of 24 Apr 2026. • Chairperson and Executive Director Ms. Rong Xiuli is deemed interested in 568.48 million shares (66.88%). If the Buy-back Mandate is exercised in full, her stake would rise to approximately 74.31%, still below the 30% Takeovers Code trigger for a mandatory general offer. • The Board states it will not execute repurchases that would reduce the public float below the 25% requirement.

Director Re-elections • Executive Directors: Ms. Rong Xiuli (Chairperson) and Mr. Rong Shengli (Chief Executive Officer) will retire by rotation and stand for re-election. • Independent Non-executive Director: Mr. Wong Pong Chun James, INED since December 2020, also seeks re-election. • The Nomination Committee and the Board support all three candidates, citing their industry experience and contributions.

AGM Logistics • Record Date & Book Closure: Shareholders must be on the register by 23 Jun 2026; the register will be closed from 24–29 Jun 2026 (both dates inclusive). • Proxy Deadline: 27 Jun 2026, 11:00 a.m., to Tricor Investor Services Limited. • Voting: All resolutions will be decided by poll.

Auditor Re-appointment Shareholders will vote on re-appointing Confucius International CPA Limited as auditor and authorising the Board to set its remuneration.

Board Recommendation The Board believes the proposed mandates and re-elections serve the company’s and shareholders’ interests and recommends voting in favour of all resolutions.