Extraordinary General Meeting and Share Consolidation Announcement

Fitness Champs Holdings Limited announced an Extraordinary General Meeting (EGM) to be held on June 29, 2026. The EGM will address key proposals including an increase in authorized share capital from US$500,000 to US$23,000,000, and the adoption of amended and restated Memorandum and Articles of Association to reflect this change. Additionally, shareholders will vote on a share consolidation proposal, which would allow the Board of Directors to implement a share consolidation with a ratio between 2:1 and 500:1. This measure is intended to ensure compliance with Nasdaq's minimum bid price rule and maintain the company's listing. The Board of Directors has recommended voting in favor of all proposals. The company also outlined procedures for share consolidation, including handling of fractional shares and notification to shareholders.