CaoCao Inc. (02643) will convene an extraordinary general meeting (EGM) on 8 June 2026 at 2:30 p.m. in Hangzhou to seek shareholder approval for four ordinary resolutions concerning equity incentives for senior management and the ratification of core related-party framework agreements.

1. Executive Incentive Proposals • Chief Executive Officer Mr. Xin Gong is proposed to receive 10.47 million restricted share units (RSUs) under the Share Incentive Scheme adopted on 27 February 2026. • Executive President and Chief Financial Officer Mr. Sensen Liu is proposed to receive 6.98 million RSUs under the same scheme. • Each resolution authorizes any director to execute documents and take actions necessary to implement the grants.

2. Service Framework Agreements • Shareholders will vote on approving and ratifying the Service Framework Agreements, together with their respective annual caps. • The resolution also authorizes directors to amend immaterial terms and complete ancillary matters related to these agreements.

3. New Vehicle Procurement Framework Agreements • Approval is sought for the New Vehicle Procurement Framework Agreements and the associated annual caps governing future vehicle purchases. • Directors would receive broad authority to finalize documentation, waive compliance where non-material, and handle related implementation details.

Administrative Details • Shareholders of record may appoint proxies, with proxy forms due at Computershare Hong Kong Investor Services by 2:30 p.m. on 4 June 2026. • All resolutions will be decided by poll.

The EGM will be held at 4/F, Geely Technology Plaza, No. 868 Dongguan Road, Binjiang District, Hangzhou, Zhejiang Province, China.