[Pioneer Technology] Announcement Regarding Subsidiary Pioneer Technology (Hong Kong) Limited's Resolution to Conduct Capital Reduction

1. Board Resolution Date: 2026/04/14 2. Reason for Capital Reduction: Optimization of overseas investment structure 3. Amount of Capital Reduction: HKD 157,150,656 4. Shares to be Cancelled: 157,150,656 shares 5. Capital Reduction Ratio: 35.171% 6. Issued Capital After Capital Reduction: HKD 289,666,304 7. Scheduled Shareholder Meeting Date: 2026/04/15 8. Number of common shares to be listed after capital reduction: Not applicable 9. Ratio of common shares to be listed after capital reduction to issued common shares (listed common shares after reduction / issued common shares after reduction): Not applicable 10. If the number of common shares to be listed after capital reduction is less than 60 million and less than 25%, please explain the measures to address low stock liquidity: Not applicable 11. Effective Date of Capital Reduction: Date of effectiveness upon filing with the competent authority. 12. Other matters to be noted: Not applicable Keywords: Major News