Zhong Ao Home Group Limited (stock code: 01538) has called an extraordinary general meeting (EGM) for 1 April 2026 at 11:30 a.m. in Foshan, Guangdong. Shareholders will vote on four ordinary resolutions that together authorise a substantial warrant issue, end an existing equity incentive plan and approve targeted grants to three senior executives.

Key items on the agenda:

1. Authorisation to create and issue up to 85.46 million warrants • The board seeks approval to execute a warrant instrument covering 85.46 million warrants. • All shares to be issued on exercise of these warrants, together with shares issuable under any other company share schemes, are capped at 10% of Zhong Ao Home’s issued share capital on the EGM date. • Listing approval for the underlying shares from The Stock Exchange of Hong Kong Limited is a prerequisite. • Directors will be empowered to sign all relevant agreements and documents to effect the warrant issuance.

2. Termination of the 2017 Share Award Scheme • Conditional on the passage of Resolution 1, the company intends to terminate its existing share award scheme adopted on 20 June 2017.

3. Targeted warrant grants to key management • Mr. Li Lixin: 12.39 million warrants, each exchangeable for one new share. • Ms. Peng Zhen: 30.34 million warrants. • Mr. Yan Zheheng: 42.73 million warrants. Each individual grant is subject to separate shareholder approval and the same listing conditions as the overall warrant issue.

Shareholders who wish to attend or vote by proxy must return completed proxy forms to Computershare Hong Kong Investor Services Limited no later than 48 hours before the scheduled EGM. Attendance in person will supersede any lodged proxy instructions.

If all resolutions pass, Zhong Ao Home will gain flexibility to issue new equity equal to up to 10% of current share capital through the warrants while discontinuing its previous share award mechanism.