Beijing Yunji Technology Co., Ltd. (YUNJI) announced that all five resolutions tabled at its 2 April 2026 extraordinary general meeting (EGM) were approved by shareholder poll, clearing the way for a new share-based incentive plan and the appointment of a new supervisor.

The hybrid EGM was attended in person and online by holders or proxies representing 37.52 million shares—equivalent to 53.79% of YUNJI’s 69.75 million issued shares (comprising 62.60 million H shares and 7.15 million unlisted shares). No treasury shares are held by the company.

Key outcomes:

1. Governance reinforcement • Ordinary Resolution: Zhang Wei was elected supervisor for the company’s second Board of Supervisors with unanimous support—37.52 million votes in favour, representing 100.00% of votes cast. His term runs from 2 April 2026 until the current supervisory board’s mandate ends.

2. Incentive plan adoption • Special Resolution 2: Shareholders approved the introduction of an H Share Award Scheme, receiving 34.77 million votes in favour (92.68%) and 2.75 million abstentions; no votes were cast against. • Special Resolution 3: A mandate limit allowing grants of up to 10% of the company’s issued share capital under the scheme passed with identical voting results. • Special Resolution 4: A 2% cap on awards to service providers was likewise endorsed. • Special Resolution 5: The Board and its delegates were authorised to manage all matters relating to the new scheme, also passing with 92.68% support and no opposition.

Tricor Investor Services Limited acted as scrutineer for vote-taking, while company supervisors and shareholder representatives monitored the process. No shareholders were required to abstain under Hong Kong Listing Rules, and no votes were cast against any resolution.

The approvals enable YUNJI to implement equity incentives aimed at aligning employees’ and service providers’ interests with long-term shareholder value, while strengthening corporate governance through the addition of a new supervisor.