JOINN Laboratories (China) Co., Ltd. (“JOINN”) has convened its 2025 annual general meeting (AGM) for 4 June 2026 in Beijing and released the key proposals to be put before shareholders.

Dividend Proposal • A cash dividend of RMB0.12 (tax inclusive) per share, equal to approximately RMB89.54 million, is recommended for FY 2025. • Payment is slated on or before 4 August 2026, with the renminbi amount translated into Hong Kong dollars for H-share investors based on the average PBoC mid-rate for the seven working days up to the AGM date.

Key Governance & Compliance Items • Amendments to the Articles of Association and to the rules governing shareholder meetings. • Adoption of a new remuneration framework for directors and senior management. • Determination of 2026 directors’ basic remuneration (e.g., Chairperson Feng Yuxia: RMB2.24 million; Independent Non-executive Directors: HKD180,000/RMB150,000). • Re-appointment of KPMG Huazhen LLP (PRC auditor) and KPMG (international auditor) for FY 2026 at a combined fee of RMB3 million. • Nomination of Mr Zhou Fengyuan as non-executive director.

2026 Restricted A-Share Incentive Scheme • Up to 3.17 million treasury A shares (0.42% of current share capital) to be granted to 283 key technical and business personnel. • Grant price: RMB19.17 per share, subject to customary adjustments. • Lock-up periods: 40% unlockable after 12 months, another 40% after 24 months, and the remaining 20% after 36 months, with a maximum scheme life of 48 months. • Company-level performance hurdles: minimum operating-income growth of 15% (2026), 32% or two-year cumulative 147% (2027), and 52% or three-year cumulative 299% (2028) versus 2025 base. • Individual unlock ratio tied to annual performance ratings; ratings below “C” forfeit all unlocks. • Any unfulfilled portions will be repurchased and cancelled at the grant price.

FY 2025 Operating Snapshot (for reference at AGM) • Revenue: RMB1.66 billion, down 17.87% year on year. • Net profit attributable to shareholders: RMB298 million, up 302.08% year on year. • Basic EPS: RMB0.40, up 300.00% year on year.

Other Matters • Shareholders will vote on formulating management rules for director/senior-management pay, renewing auditors, and authorising the board to handle all matters related to the incentive scheme. • Separate class meetings for A and H shareholders will follow immediately after the AGM to address amendments affecting class rights.

Proxy forms must reach Tricor Investor Services by 2:30 p.m. on 3 June 2026 (Hong Kong time). The H-share register closes 1–4 June 2026 for voting rights and 24–26 June 2026 for dividend entitlement.