Company: AEHL
Filing Date: 2025-07-22
Form Type: F-3
Source: 0001641172-25-020601
Chunk: 16

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-07-22
Form: F-3
Chunk 16
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 reference or free writing prospectus may not contain all of the information that you would find useful. Accordingly, you should read the actual documents relating to any securities sold pursuant to this prospectus. See “Where You Can Find More Information” and “Incorporation of Certain Information by Reference” for information about how to obtain copies of those documents.

The terms of any particular offering, the initial offering price and the net proceeds to us will be contained in the applicable prospectus supplement, information incorporated by reference or free writing prospectus, relating to such offering.

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<div align='center'>DESCRIPTION OF SHARES</div>

Description of Shares

The following description of the material terms of our shares and warrants includes a summary of specified provisions of the Memorandum of Association and Articles of Association. This description is subject to the relevant provisions of the BVI Business Companies Act, Revised Edition 2020 and is qualified by reference to our Memorandum of Association and Articles of Association, copies of which are incorporated in this registration statement by reference.

Ordinary Shares

Antelope Enterprises is authorized to issue (a) 200,000,000 Class A ordinary shares with no par value each, (b) 50,000,000 Class B ordinary shares with no par value each and (c) 50,000,000 preferred shares with no par value each. Each Class A ordinary share is entitled to one (1) vote and each Class B ordinary share is entitled to twenty (20) votes. As of the date of this filing, 2,616,577 class A ordinary shares and 2,555,497 class B ordinary shares are outstanding. The remaining authorized and unissued class A ordinary shares will be available for future issuance without additional shareholder approval. While the additional shares are not designed to deter or prevent a change of control, under some circumstances Antelope Enterprises could use them to create voting impediments or to frustrate persons seeking to effect a takeover or otherwise gain control, by, for example, issuing shares in private placements to purchasers who might side with the Board of Directors in opposing a hostile takeover bid.

Members of Antelope Enterprise’s Board of Directors serve for indefinite terms. There is no cumulative voting with respect to the election of directors, with the result that the holders of more than 50% of the shares eligible to vote for the election of directors can elect all of the directors. Antelope Enterprise’s shareholders have no conversion, preemptive or other subscription rights and there are no sinking fund provisions applicable to the shares.