【Chailease-KY】Announcement by important subsidiary Chailease International Financial Leasing Co., Ltd. of resolution to issue the first unsecured medium-term notes for 2026.

1. Date of board of directors' resolution: 2026/04/09 2. Name [XX Company's Xth (secured/unsecured) corporate bond]: Chailease International Financial Leasing Co., Ltd. 2026 First Unsecured Medium-Term Notes 3. Is it a shelf registration for corporate bonds (Yes/No): Yes 4. Total issuance amount: Total issuance amount not exceeding RMB 1 billion, to be issued in tranches based on market conditions. 5. Face value per note: Face value is RMB 100. 6. Issuance price: Issued at face value. 7. Issuance period: The maximum issuance period does not exceed 5 years, subject to market conditions. 8. Issuance interest rate: Issued at a fixed interest rate. 9. Type, name, amount, and agreed terms of collateral: None 10. Use of proceeds and utilization plan: Repayment of bank loans. 11. Underwriting method: Public sale in the interbank bond market by entrusted underwriters. 12. Corporate bond trustee: Not applicable. 13. Underwriting or sales agent: China Merchants Bank Co., Ltd. acts as the lead underwriter. 14. Issuance guarantor: None 15. Principal and interest repayment agent: China Interbank Market Clearing House Co., Ltd. 16. Certification institution: None, these medium-term notes are issued without physical certificates. 17. Conversion method for convertible shares: Not applicable. 18. Put option conditions: Not applicable. 19. Call option conditions: Not applicable. 20. Record date for conversion, exchange, or subscription: Not applicable. 21. Potential dilution of equity due to conversion, exchange, or subscription: Not applicable. 22. Other matters that need to be specified: The issuance of these medium-term notes is still subject to the record-filing approval of the National Association of Financial Market Institutional Investors. The actual issuance date will be determined after its approval.