YMAT · J-Star Holding Co., Ltd. Ordinary Shares

J-Star Holding Co., Ltd. filed a Form 6-K on May 8, 2026, providing notice of its Annual General Meeting (AGM) to be held on June 8, 2026. The AGM will address six key proposals. Proposal 1 seeks shareholder approval to appoint WWC, P.C. as the company's auditors for the fiscal year ending December 31, 2026, with the audit committee authorized to set their remuneration. Proposal 2 involves the re-election of five directors: Jing-Bin Chiang (CEO), Ting-Pang Sung (non-executive), Ching-Chou Huang, Shen-Huei Wang, and Ping-Hong Lin, each to serve until the next AGM. Proposal 3 is a significant share consolidation plan: issued Class A shares (13,953,333) will be consolidated into approximately 2,790,667 shares, authorized but unissued Class A shares (16,046,667) into 3,209,333, issued Class B shares (6,097,183) into 1,219,437, and authorized but unissued Class B shares (93,902,817) into 18,780,563, all with a new par value of $2.50 each (from $0.50). Fractional shares will not be issued; the company may round up. Proposal 4, contingent on Proposal 3's approval, seeks to increase authorized share capital from $65 million (divided into 6 million Class A and 20 million Class B shares at $2.50 par) to $300 million (divided into 60 million Class A and 60 million Class B shares at $2.50 par). Proposal 5 would adopt the Sixth Amended and Restated Memorandum and Articles of Association, reflecting the capital changes. Proposal 6 allows the chairman to adjourn the meeting if needed to solicit more votes. The board unanimously recommends voting 'FOR' all proposals. The record date is May 8, 2026. These actions are critical for the company's capital structure and governance, potentially impacting shareholder value and voting power.