SUNPOWER GROUP LTD. — Capital/Financing Update 2025

Nov 24, 2025

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SUNPOWER GROUP LTD.

(the “Company”)

(Company Registration No. 35230) (Incorporated in Bermuda with limited liability)

S$98,697,492 in Aggregate Principal Amount of 7.00% Convertible Bonds due 2030 (the “ Bonds ”) ISIN Code: SGXF45231747

NOTICE OF CUT-OFF DATE FOR SUBMISSION OF CONVERSION NOTICES SUNPOWER GROUP LIMITED 7.00% CONVERTIBLE BONDS DUE 2030

1. Cut-Off Date for Submission of Conversion Notices

NOTICE IS HEREBY GIVEN by the Company to the bondholders of the outstanding S$98,697,492 7.00% Convertible Bonds due 2030 that the cut-off date for submission of Conversion Notices for the forthcoming conversion period ending 31 December 2025 will be as follows:

Submission Period: 24 November 2025 to 31 December 2025, before 1.00 p.m.

After the cut-off date, no lodgement of Conversion Notices will be accepted.

2. Interest on Converted Bonds

For the avoidance of doubt, Bonds that are converted into shares will not be entitled to the interest payment.

Copies of the Conversion Notices can be obtained via email at shareregistry@incorp.asia.

Original duly completed and signed Conversion Notices must be delivered to :

In.Corp Corporate Services Pte. Ltd. 36 Robinson Road #20-01 City House Singapore 068877

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