SunCorp Technologies Limited has released a circular detailing a two-step capital reorganisation aimed at lifting its share price, raising board-lot value and aligning with Hong Kong listing requirements.

Key Transaction Terms 1. Share consolidation: Every five existing shares of HKD0.006 par value will be combined into one consolidated share of HKD0.030. 2. Board-lot change: Subject to the consolidation taking effect, the trading unit will shift from 10,000 existing shares to 5,000 consolidated shares.

Capital Structure Impact • Authorised capital remains HKD600.00 million but will be re-denominated from 100.00 billion shares at HKD0.006 each to 20.00 billion shares at HKD0.030 each. • Issued shares will contract from 1.54 billion to 307.71 million, with no change in shareholders’ proportional interests. • No treasury shares, options, warrants or other convertible securities are outstanding.

Trading Metrics • Latest closing price (3 July 2026): HKD0.047 per existing share, implying HKD0.235 per consolidated share. • Current board-lot value: HKD470 (10,000 shares × HKD0.047). • Post-reorganisation board-lot value: approximately HKD1,175 (5,000 consolidated shares × HKD0.235), exceeding the HKEX guideline of HKD1,000.

Timetable Highlights (subject to approvals) • Special General Meeting (SGM): 3 August 2026, 15:00 HKT. • Expected effective date of share consolidation: 5 August 2026. • Commencement of trading in consolidated shares: 5 August 2026. • Board-lot size change becomes effective: 19 August 2026. • Odd-lot matching service: 19 August – 8 September 2026. • Free share-certificate exchange window: 5 August – 10 September 2026.

Rationale The board cites Rule 13.64 of the Listing Rules, which flags shares trading near HKD0.01 as requiring remedial action, and HKEX guidance recommending a minimum HKD1,000 board-lot value. The 5-for-1 consolidation is designed to lift the per-share price, reduce transaction costs relative to trade value, and broaden institutional investor appeal without altering the company’s underlying financials.

Conditions & Next Steps Implementation hinges on: 1. Shareholder approval at the 3 August SGM. 2. Listing Committee approval for trading in consolidated shares. 3. Compliance with Bermuda and Hong Kong legal procedures.

If approved, fractional entitlements will be aggregated and sold for the company’s benefit. SunCorp Securities Limited will provide odd-lot matching on a best-effort basis. Directors state no current plans for further share structure changes or equity fundraising within the next 12 months, though future financing is not ruled out.

Shareholders of record by 28 July 2026 (books close 29 July–3 August) may vote at the SGM. Proxies must be lodged 48 hours before the meeting. The board recommends voting in favour of the proposals and cautions investors that the consolidation remains subject to the stated conditions.