Playmates Toys Announces 22 May 2026 AGM; Seeks 10% Share Buy-back Authority, 20% Issuance Mandate and Bye-law Overhaul

Playmates Toys Limited will convene its 2026 Annual General Meeting (AGM) on 22 May 2026 at 10:30 a.m. at 11/F., The Toy House, 100 Canton Road, Tsimshatsui, Hong Kong.

Key items on the agenda 1. Financial statements: Shareholders will review the audited accounts and directors’ and auditors’ reports for the year ended 31 December 2025. 2. Board composition: Three directors—Ms Chan Helen, Mr Lam Wai Hon Ambrose and Mr Tran Vi-hang William—stand for re-election. 3. Auditor appointment: Grant Thornton Hong Kong Limited is nominated as external auditor; the board seeks authority to set remuneration.

Mandate proposals (Ordinary Resolutions) • Share repurchase mandate: Directors request authority to buy back up to 10% of issued share capital (excluding any treasury shares) on the Hong Kong Stock Exchange or other recognised bourses during the period ending at the next AGM or earlier as defined. • Issuance mandate: Directors seek a general mandate to issue, allot, sell or transfer shares up to 20% of the company’s issued share capital (excluding treasury shares) during the same period, with standard exclusions for rights issues, option plans, warrant exercises and scrip dividends. • Extension of issuance mandate: Conditional on the buy-back mandate’s approval, the board proposes to extend the issuance limit by the amount of shares repurchased, capped at an additional 10% of issued share capital.

Special Resolution • Bye-law update: Shareholders will vote on adopting a set of second amended and restated bye-laws incorporating proposed amendments detailed in the accompanying circular.

Administrative details • Shareholders may appoint proxies; proxy forms must reach Tricor Investor Services Limited by 20 May 2026, 10:30 a.m. • Share transfers must be lodged by 4:30 p.m. on 15 May 2026 to qualify for AGM attendance and voting rights.

Board composition (as at 8 April 2026): Chairman Mr Chan Kwong Fai Michael; Executive Directors Ms Chan Helen, Mr Chan Kong Keung Stephen and Mr Tran Vi-hang William; Independent Non-executive Directors Mr Ip Shu Wing Charles, Mr Lam Wai Hon Ambrose and Mr Yu Hon To David.