MIXUE Group has issued a circular dated 11 September 2026 announcing plans to distribute a special dividend of RMB 2.65 per share, subject to shareholder approval at the first Extraordinary General Meeting (EGM) of 2026.

Dividend proposal • Amount: RMB 2.65 per share (tax inclusive). • Basis: 379.62 million issued shares (excluding any treasury shares), translating into an aggregate payout of approximately RMB 1.01 billion. • Record date: 12 October 2026. • Payment date: 6 November 2026. • Currency: RMB for unlisted shareholders and Stock Connect investors; Hong Kong dollars for other H-shareholders, converted at the average PBoC RMB/HKD rate for the five business days up to and including the EGM date. Any treasury shares will not be entitled to the dividend.

Tax treatment • Individual H-shareholders resident in Hong Kong, Macau, or jurisdictions with a 10 % treaty rate: 10 % withholding. • Residents of jurisdictions with treaty rates below 10 %: 10 % withheld, with the option to claim a refund for any excess. • Residents of jurisdictions with treaty rates between 10 % and 20 %: withholding at the applicable treaty rate. • Residents of jurisdictions with a 20 % treaty rate or no treaty: 20 % withholding. • Non-resident enterprise H-shareholders: 10 % enterprise income tax withheld. • Mainland investors holding H-shares via Stock Connect: enterprises self-declare tax; individuals subject to 20 % withholding.

Key meeting and timetable • EGM: 30 September 2026, 15:30, at MIXUE Group Office Building, Zhengzhou, Henan Province, PRC. • Share transfer books close for EGM attendance: 25–30 September 2026. • Share transfer books close for dividend entitlement: 7–12 October 2026.

Voting and proxy • All resolutions will be decided by poll. • Shareholders may appoint proxies; forms must be lodged at Computershare Hong Kong Investor Services by 15:30 on 29 September 2026.

The Board recommends shareholders vote in favour of the special dividend distribution plan at the forthcoming EGM.