[DZS Group] Announcement from Subsidiary Guangshang Technology (Guangzhou) Co., Ltd. on Key Resolutions of 2025 Shareholders' Meeting

1. Date of Annual Shareholders' Meeting: June 25, 2025

2. Key Resolution Item One, Profit Distribution or Loss Allocation: Proposal on the 2025 Profit Distribution Plan: Approved

3. Key Resolution Item Two, Articles of Incorporation Amendment: None

4. Key Resolution Item Three, Business Report and Financial Statements: None

5. Key Resolution Item Four, Election of Directors and Supervisors: None

6. Key Resolution Item Five, Other Matters: (1) Proposal on the 2025 Board of Directors Work Report: Approved (2) Proposal on the 2025 Independent Directors' Performance Report: Approved (3) Proposal on the 2025 Financial Settlement Report: Approved (4) Proposal on the 2026 Financial Budget Report: Approved

7. Other Matters to be Disclosed: Ad-hoc Proposal: Proposal on Launching Cross-border Two-way RMB-Foreign Currency Fund Pooling Business: Approved