E-Home Household Service Holdings Limited will hold an Extraordinary General Meeting on November 26, 2024 to consider a special resolution for capital reorganization. The proposal includes reducing the par value of issued ordinary shares from $10 to $0.001, applying the credit to offset accumulated losses, and subdividing authorized unissued shares.The authorized share capital would change from $1,000,020,000 divided into 100 million ordinary shares of $10 par value and 10 million preferred shares of $0.002 par value, to $1,000,020,000 divided into 1 trillion ordinary shares of $0.001 par value and 10 million preferred shares of $0.002 par value. The company would also adopt amended articles of association reflecting these changes.The capital reorganization aims to provide greater flexibility for future corporate actions and dividend payments. Shareholders' proportionate ownership would remain unchanged. The proposal requires approval by a two-thirds majority vote at the EGM.

E-Home Household Service Holdings Limited will hold an Extraordinary General Meeting on November 26, 2024 to consider a special resolution for capital reorganization. The proposal includes reducing the par value of issued ordinary shares from $10 to $0.001, applying the credit to offset accumulated losses, and subdividing authorized unissued shares.The authorized share capital would change from $1,000,020,000 divided into 100 million ordinary shares of $10 par value and 10 million preferred shares of $0.002 par value, to $1,000,020,000 divided into 1 trillion ordinary shares of $0.001 par value and 10 million preferred shares of $0.002 par value. The company would also adopt amended articles of association reflecting these changes.The capital reorganization aims to provide greater flexibility for future corporate actions and dividend payments. Shareholders' proportionate ownership would remain unchanged. The proposal requires approval by a two-thirds majority vote at the EGM.