Elate Holdings (00076) has dispatched its AGM circular, outlining four resolutions requiring shareholder approval on 5 June 2026 at 11:00 a.m. (virtual-only format).

Key agenda items 1. Director rotation • Executive director Ms. Zhang Xue and independent non-executive director Dr. Yan Shao Shi will retire by rotation and stand for re-election. • FY 2025 remuneration: Ms. Zhang – HK$0.24 million; Dr. Yan – HK$0.12 million.

2. 10% share repurchase mandate • The Board seeks authority to repurchase up to 44.44 million shares, representing 10% of the 444.40 million shares in issue as at 17 April 2026. • Repurchases will be financed from distributable profits or the proceeds of a new share issue in accordance with the Hong Kong Companies Ordinance.

3. 20% general issuance mandate and extension • Directors request approval to allot and issue up to 88.88 million new shares (20% of issued capital). • The mandate can be extended by the number of shares actually repurchased under the 10% buy-back authority, providing a theoretical maximum issuance headroom of 133.32 million shares (30% of current issued capital).

4. Auditor reappointment • McMillan Woods (Hong Kong) CPA Limited is nominated for another term, with remuneration to be set by the Board.

Share price reference During May 2025–April 2026, Elate Holdings shares traded between HK$0.136 and HK$0.355, with the latest April high/low at HK$0.170/HK$0.164.

Key timetable • Register closure: 2 – 5 June 2026 (inclusive) • Latest time to lodge transfers: 1 June 2026, 4:30 p.m. • Proxy deadline: 3 June 2026, 11:00 a.m. • AGM: 5 June 2026, online via http://meetings.computershare.com/Elate2026AGM.

Voting will be conducted by poll; each resolution requires a simple majority. The Board recommends shareholders vote in favour of all proposals.