Phancy Group Co., Ltd. has scheduled an extraordinary general meeting (EGM) for 10 September 2026 at 2:00 p.m. in Shenzhen. Shareholders will be asked to decide on three special resolutions:

1. Approval of proposed amendments to the existing share-based incentive plan (“Amended Scheme”). 2. Approval of the refreshment of share award limits under the plan (“Refreshed Scheme Limit”). 3. Authorization for the Board and/or the scheme administrator to manage all matters related to the Amended Scheme.

Voting Procedure • All resolutions will be conducted by poll in accordance with Hong Kong Stock Exchange Listing Rules, with results to be published on both the Exchange’s and the company’s websites. • Shareholders entitled to attend may appoint multiple proxies; each proxy must be assigned a specific shareholding. • Proxy forms and relevant authorizations must be submitted to Tricor Investor Services Limited (17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong) by 2:00 p.m. on 9 September 2026.

Key Dates • Record date for voting entitlement: 10 September 2026. • Share transfer deadline: 4:30 p.m. on 4 September 2026. The register of members will be closed from 7 September 2026 to 10 September 2026, inclusive.

Meeting Venue Conference Room, Level 42, Block A, Longhua Digital Innovation Center, Longhua District, Shenzhen, Guangdong, PRC.

Board Composition (as of notice date) • Executive Directors: Dr. Dai Wenyuan (Chairman), Mr. Chen Yuqiang • Non-executive Directors: Dr. Yang Qiang, Mr. Dou Shuai, Mr. Zhang Jing • Independent Non-executive Directors: Mr. Li Jianbin, Mr. Liu Chijin, Ms. Ke Yele, Mr. Pan Jialin • Employee Representative Director: Mr. Chai Yifei

Shareholders are advised to review the detailed circular dated 20 August 2026 for full information on the proposed amendments and procedural requirements.