Silkwave Inc: AGM Set for 5 June 2026; Board Re-elections, Share Mandates and Articles Revision on Agenda

Silkwave Inc (00471) has scheduled its 2026 Annual General Meeting for 11:00 a.m. on 5 June 2026 at Unit B, 8/F, Kingston International Centre, Kowloon Bay, Hong Kong. The meeting will seek shareholder approval for a series of ordinary and special resolutions.

Key items to be tabled include:

1. Financial Statements • Shareholders will be asked to receive and consider the audited financial statements and the directors’ and auditors’ reports for the year ended 31 December 2025.

2. Board Composition and Remuneration • Re-election of five executive directors—Mr. Chau Ngai Fung, Ms. Hu Manqiu, Mr. Yang Tenghao, Ms. Tian Tian and Mr. Wong Chau Chi—along with independent non-executive director Mr. Lam Po Chuen. • The board will be authorised to set directors’ remuneration.

3. Auditor Appointment • Linksfield CPA Limited is nominated for re-appointment, with the board authorised to determine its fees.

4. General Share Issuance Mandate • Directors seek authority to allot and issue new shares up to 20% of the company’s issued share capital during the mandate period, inclusive of warrants, bonds or debentures convertible into shares. • The mandate also permits the granting of options or other agreements that could require share issuance after the mandate expires.

5. Share Repurchase Mandate • The board requests approval to repurchase shares up to 10% of issued share capital on the Stock Exchange of Hong Kong or other recognised exchanges, subject to prevailing regulations.

6. Extension of Issuance Mandate • If both the issuance and repurchase mandates are approved, the share issuance limit may be increased by the number of shares bought back, capped at an additional 10% of issued capital.

7. Amendments to Constitutional Documents • Shareholders will vote on adopting an amended and restated memorandum and articles of association incorporating proposed updates outlined in the circular dated 30 April 2026.

Administrative Details • Shareholders must lodge transfers by 4:30 p.m. on 1 June 2026 to attend and vote; the register will close from 2 June to 5 June 2026 (both days inclusive). • Proxy forms must reach Computershare Hong Kong Investor Services Limited at Hopewell Centre no later than 48 hours before the meeting.

As of the notice date (30 April 2026), the board comprises eight directors: five executive and three independent non-executive members.