Li Ning Company Limited has issued a circular convening its 2026 Annual General Meeting (AGM) for 11 June 2026 in Hong Kong.

Key AGM Resolutions 1. General Mandates • Issue Mandate: Directors request authority to allot and issue up to 10% of the company’s issued share capital—equivalent to 258.48 million new shares based on the 2.58 billion shares in issue as of 9 April 2026. New shares may not be priced at a discount greater than 10% to the benchmarked price. • Repurchase Mandate: Authority to buy back up to 10% of issued shares (also 258.48 million shares).

2. Final Dividend • Proposed cash dividend of RMB23.36 cents per share (including shares to be issued on CS conversion) for FY 2025. • Declared in renminbi, payable in Hong Kong dollars using the PBOC exchange rate on 11 June 2026. • Record date: 18 June 2026; payment date: 29 June 2026 (3 July 2026 for 2013 CS holders). • Convertible securities holders of the 2013 and 2015 offers are entitled to the dividend if their CS remain outstanding on the record date.

3. Board Composition • Re-election of Executive Directors Mr. Kosaka Takeshi and Mr. Li Qilin, and Independent Non-executive Director Ms. Wang Ya Fei (serving since 2003).

Timetable Highlights • Share transfer books close for AGM attendance: 8–11 June 2026 (inclusive). • Share transfer books close for dividend entitlement: 17–18 June 2026.

Share Price Context During the 12 months to 9 April 2026, Li Ning’s shares traded between HKD13.50 and HKD23.42.

If all resolutions pass, the mandates remain effective until the next AGM, expiry of the statutory period, or earlier revocation by shareholders.