It is a significant challenge to construct reconfigurable electromagnetic metamaterials that can precisely manipulate broadband megahertz electromagnetic waves. Herein, we report a reconfigurable electromagnetic metamaterial (REMM) composed of a two-dimensional periodic array of spiral copper-clad unit cells, each paralleled with a micro-tunable capacitor, which has nearly linear voltage-controlled properties. Moreover, the on-board integrated sample-and-hold modules, linked to all the REMM unit cells, are activated sequentially to perform precise voltage regulation of micro-tunable capacitors for controlling the electromagnetic properties of each unit cell. The experiment results demonstrate that the REMM sample has a maximum frequency adjustment range of 2.1 MHz, ranging from 8.7 MHz to 10.9 MHz with less than 0.1 MHz adjustment step. Furthermore, in a wireless power transfer system, the proposed REMM can achieve the desirable magnetic-field manipulation by precisely adjusting the permeability distribution compared with the traditional metamaterial slab merely capable of full-negative permeability. As a result, the power transfer efficiency (PTE) can be increased from 9.53% to 11.51% (1.69% for the case without the metamaterial slab), and approximately 3.5-fold improvement (from 0.28% to 0.98%) can be achieved when coils are misaligned. This work lays the foundation for the control of electromagnetic waves through using broadband and precise reconfiguration of megahertz electromagnetic metamaterials.