FORM 2 - Corporate Substantial Shareholder Notice
 
Form Serial Number: CS20261106E00261 
1. Date of relevant event: 03/11/2026
(dd/mm/yyyy)
2. Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later):
(dd/mm/yyyy)
3. Stock code: 00720
4. Name of listed corporation: Auto Italia Holdings Limited 
5. Class of shares: Ordinary Shares 
6. Number of issued shares in class: 6,142,515,390
7. Name of substantial shareholder: Sparta Global Opportunities Master Fund GP Limited 
8. Registered office: 190 Elgin Avenue, George Town, Grand Cayman, KY1-9008, Cayman Islands
9. Principal place of business in Hong Kong: N/A 
15. Exchange on which listed: N/A
16. Name of listed parent and exchange on which parent is listed: N/A 
17. Details of relevant event:
  Brief description of relevant event Capacity in which shares were/are held Number of shares bought/sold or involved Currency of transaction On Exchange Off Exchange
Before relevant event After relevant event Highest price (per share) Average price (per share) Average consideration (per share) Nature of consideration
Long position
1316There has been a change in nature of your interest in the shares because:
any other event (you must briefly describe the relevant event in the Supplementary Information box)
2201Interest of corporation controlled by you
2201Interest of corporation controlled by you
250,000,000 HKD 0.1600
3101Cash
Short position 
 
 
 
           
18. Total shares immediately before the relevant event:
 Total number of sharesPercentage figure (%)
Long position1,300,000,00021.16
19. Total shares immediately after the relevant event:
 Total number of sharesPercentage figure (%)
Long position1,300,000,00021.16
20. Capacity in which interests disclosed in Box 19 are held:
Capacity codeNumber of shares
2201Interest of corporation controlled by you
Long position1,300,000,000

21. Further information in respect of derivative interests:
Derivatives codeNumber of shares
  
22. Further information in relation to interests of corporations controlled by substantial shareholder:
Name of controlled corporationAddress and place of incorporationName of controlling person% controlDirect interest (Y/N)Number of shares
Sparta Global Opportunities Master Fund LP190 Elgin Avenue, George Town, Grand Cayman, KY1-9008, Cayman Islands (Cayman Islands)Sparta Global Opportunities Master Fund GP Limited100.00N
Long position1,300,000,000
Sparrow Topco S.àr.l.2A, rue Nicolas Bové, 1253 Luxembourg (Luxembourg)Sparta Global Opportunities Master Fund LP48.70N
Long position1,300,000,000
Sparrow Holdco S.àr.l.2A, rue Nicolas Bové, 1253 Luxembourg (Luxembourg)Sparrow Topco S.àr.l.100.00N
Long position1,300,000,000
B-ON Global S.àr.l.17, Boulevard F.W. Raiffeisen, L-2411 Luxembourg (Luxembourg)Sparrow Holdco S.àr.l.88.00Y
Long position1,245,275,000
B-ON Global S.àr.l.17, Boulevard F.W. Raiffeisen, L-2411 Luxembourg (Luxembourg)Sparrow Holdco S.àr.l.88.00N
Long position54,725,000
Maini Investments LimitedVistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands (British Virgin Islands)B-ON Global S.àr.l.100.00N
Long position54,725,000
Gustavo International LimitedVistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands (British Virgin Islands)Maini Investments Limited100.00Y
Long position54,725,000

23. Further information in relation to interests held by substantial shareholder jointly with another person:
Name of joint shareholderAddressNumber of shares
 
24. Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust:
Names of trustAddressStatus codeNumber of shares
  
25. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):
Names of other partiesAddressNumber of shares
 
Total number of shares in which a substantial shareholder is interested under sections 317 and 318
26. Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act:
NamesAddressRelationship CodePercentage (%)
  
 
27. Supplementary information: On 3 November 2026, B-ON Global S.àr.l. partially completed the sale and purchase of 250,000,000 shares.
28. Log/Serial Number of the previous form:
29. Number of concert party document(s) under section 317 attached/uploaded:
Date of filing this Form 2: 06/11/2026
(dd/mm/yyyy)