J-Star Schedules Shareholder Meeting

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TAICHUNG CITY, Taiwan, Nov. 17, 2025 — J-Star Holding Co., Ltd. (Nasdaq: YMAT), referred to as “J-Star” or “the Company,” a prominent provider of advanced carbon fiber and composite solutions for diverse uses such as personal sports gear, healthcare items, automotive components, resin systems, and R&D services, declared today that its 2025 annual general meeting of shareholders (the “AGM”) is scheduled for December 9, 2025, at 10:30 p.m. (Taiwan time) at the Company’s offices in Taichung City, Taiwan, located at 7/F-1, No. 633, Sec. 2, Taiwan Blvd., Xitun District, Taichung City 407, Taiwan.

During the Meeting, shareholders of the Company are slated to deliberate and cast votes on the subsequent business matters:

  • An ordinary resolution regarding the amendment of the Company’s authorized share capital through:
    1. the redesignation and reclassification of 17,200,387 issued ordinary shares, each with a US$0.50 par value (the “Ordinary Shares”), into 17,200,387 Class A Ordinary Shares, each with a US$0.50 par value, while retaining the original rights of the existing Ordinary Shares;
    2. the redesignation and reclassification of 11,702,430 authorized but unissued Ordinary Shares, each with a US$0.50 par value, into 11,702,430 Class A Ordinary Shares;
    3. the cancellation of 6,097,183 authorized but unissued Ordinary Shares and the creation of 6,097,183 Class B Ordinary Shares, each with a US$0.50 par value (with each Class B Ordinary Share carrying ten (10) votes) (collectively, the “Share Capital Reorganisation”).
    4. An ordinary resolution concerning the increase of the Company’s authorized share capital immediately after the Share Capital Reorganisation, from US$17,500,000 (comprising 28,902,817 Class A Ordinary Shares of US$0.50 each and 6,097,183 Class B Ordinary Shares of US$0.50 each) to US$65,000,000 (comprising 30,000,000 Class A Ordinary Shares of US$0.50 each and 100,000,000 Class B Ordinary Shares of US$0.50 each) by generating an additional 1,097,183 Class A Ordinary Shares and 93,902,817 Class B Ordinary Shares (referred to as the “Increase of Authorized Share Capital”).
    5. A special resolution for the adoption of the Fifth Amended and Restated Memorandum and Articles of Association of the Company, replacing the current memorandum and articles of association, to take effect immediately following the Share Capital Reorganisation and Increase of Authorized Share Capital (this is the “Fifth Restated M&A Amendment Proposal”).
    6. An ordinary resolution for the Company to repurchase 4,888,092 Class A Ordinary Shares from New Moon Corporation and 1,209,091 Class A Ordinary Shares from Mr. Jing-Bin Chiang, and subsequently issue 4,888,092 Class B Ordinary Shares to New Moon and 1,209,091 Class B Ordinary Shares to Mr. Chiang, contingent upon the aforementioned approvals and receipt of necessary consent and application from the relevant shareholders (this constitutes the “New Issuance Proposal”).
    7. An ordinary resolution to empower the meeting’s chairman to adjourn the Meeting to a subsequent date or dates for additional proxy solicitation if an insufficient number of votes are cast to approve items 1 through 4 (this is the “Adjournment Proposal”).

    The Board of Directors unanimously advises shareholders to vote in favor of all the aforementioned proposals.

    The Board established the record date (the “Record Date”) as the close of business on November 3, 2025 (Eastern Time), for identifying shareholders eligible to receive notice and vote at the Meeting or any adjourned session. Shareholders recorded on the Record Date are cordially invited to attend the Meeting personally. Those unable to attend are encouraged to email for further details by 9:30 a.m. (Taiwan time) on December 7, 2025, to ensure their representation at the Meeting.

    Shareholders can access the Company’s annual report on Form 20-F, without charge, on the Company’s website at .

    About J-Star Holding Co., Ltd.

    J-Star (NASDAQ: YMAT) functions as a holding company, operating through its subsidiaries situated in Taiwan, Hong Kong, and Samoa, with its main office located in Taiwan. The group preceding J-Star was founded in 1970, amassing more than five decades of specialized expertise in the material composites sector. J-Star focuses on developing and commercializing carbon reinforcement and resin systems technology. Leveraging extensive experience and understanding in composites and materials, J-Star adeptly applies its knowledge and technology to engineer and produce a diverse array of lightweight, high-performance carbon composite products, which include essential structural components for electric and sports bicycles, rackets, automotive parts, and healthcare items. For additional information, please visit j-starholding.com and .

    Contact Information:
    Matt Chesler, CFA
    FNK IR
    646-809-2183