China Tontine Wines Group Limited disclosed on 11 August 2026 that Bon Voyage Development Limited, holding 40.00 million shares (13.26% of issued capital), has formally demanded the Board convene a Special General Meeting (SGM).

The requisition, dated 28 July 2026, proposes six ordinary resolutions: 1) Immediate removal of Executive Directors Sun Jialiang and Qiu Ziwei. 2) Immediate removal of Non-executive Director Guo Yuxin. 3) Immediate removal of Independent Non-executive Directors Li Liang and Lui Mei Ka. 4) Separate voting to remove any director appointed by the Board, without shareholder approval, between 28 July 2026 and the SGM date.

Under Bye-law 65, shareholders with at least 10% voting rights can compel an SGM, which must be held within two months of the requisition. If the Board fails to act within 21 days, the requisitionist may call the meeting itself. Bye-law 114 allows director removal by ordinary resolution, provided the targeted directors receive 14 days’ notice and the opportunity to address the meeting.

Current Board composition (at announcement date): • Executive Directors – Sun Jialiang (Chairman & CEO), Huang Chuwu, Qiu Ziwei • Non-executive Directors – Li Jerry Y., Zhu Minghui, Guo Yuxin • Independent Non-executive Directors – Li Liang, Lui Mei Ka, Chan Wai Kit

The Board is obtaining professional advice on procedure and intends to issue a circular with full details and formal SGM notice in compliance with the Bye-laws and applicable regulations.