Sichuan Baicha Baidao Industrial Co., Ltd. (Chabaidao) announced that shareholders endorsed every item on the agenda at the 2025 Annual General Meeting held on 21 May 2026 in Chengdu.

Attendance and Voting • Issued share capital: 1.48 billion shares. • Shares present or represented: 1.27 billion, equal to 85.64 % of voting rights. • All 14 resolutions passed, each securing at least 99.74 % support.

Dividend Payout • Cash dividend: RMB 0.18 per share (before tax), equivalent to HK$ 0.206193 per H share. • Record date: 1 June 2026. • Payment date: 30 June 2026. • Currency: RMB for full-circulation H shares; otherwise HKD, converted at RMB1 = HK$1.145515. • Statutory withholding tax will be applied in line with PRC regulations and applicable tax treaties.

Board Renewal and Leadership • Eight directors elected for the third board term (2026-2029): – Executive Directors: Wang Xiaokun, Wang Hongxue, Dai Li, Chen Keyuan. – Non-executive Director: Dr. Chen Da. – Independent Non-executive Directors: Yeung Chi Tat, Dr. Tang Yong, Cheng Li. • Wang Xiaokun was elected Chairman for the new three-year term.

Committee Composition • Audit Committee: Yeung Chi Tat (Chair), Dr. Chen Da, Cheng Li. • Nomination Committee: Wang Xiaokun (Chair), Dr. Tang Yong, Cheng Li. • Remuneration Committee: Cheng Li (Chair), Wang Xiaokun, Dr. Tang Yong.

Governance Changes • Supervisory Committee abolished; its oversight duties transferred to the Audit Committee. • Shareholders approved amendments to the Articles of Association and procedural rules for shareholder and board meetings.

Capital Authorities • Shareholders granted general mandates: – Issue additional shares up to 20 % of existing share capital. – Repurchase shares up to 10 % of issued H shares.

Auditor • Re-appointment of PricewaterhouseCoopers Zhong Tian LLP as external auditor for 2026 received 99.74 % approval.

All approved changes take effect from 21 May 2026.