【Pan De Yongye】Shareholders' Meeting Approves Removal of Competition Restrictions for New Directors (Including Independent Directors) and Their Representatives

1. Shareholders' Meeting Resolution Date: June 12, 2026 2. Names and Titles of Directors Allowed to Engage in Competitive Activities: (1) Director: Ms. Tang Mulian (Representative Corporation: Yunhua Co., Ltd.) (2) Director: Mr. Tang Rongqin (Representative Corporation: Decheng Co., Ltd.) (3) Director: Ms. Tang Ruxuan (Representative Corporation: Fuxi Automobile Co., Ltd.) (4) Independent Director: Li Dawen (5) Independent Director: Wan Tongxuan (6) Independent Director: Yang Chunjun (7) Independent Director: Ke Changzhu 3. Items Allowed to Engage in Competitive Activities: Based on Article 209, Paragraph 1 of the Company Law, the restriction on the company's directors and their representatives from engaging in competitive activities for themselves or others within the company's business scope has been removed. 4. Period Allowed to Engage in Competitive Activities: During the term of office as a director (independent director) of the company. 5. Resolution Situation (Please explain the voting results based on Article 209 of the Company Law): The shareholders' meeting resolution was approved. 6. If the allowed competitive activities are for businesses in mainland China, the names and titles of the directors (If not applicable to businesses in mainland China, please enter 'Not Applicable'): Not Applicable 7. Names and positions of the companies in mainland China that the directors are involved in: Not Applicable 8. Addresses of the businesses in mainland China that the directors are involved in: Not Applicable 9. Business items of the businesses in mainland China that the directors are involved in: Not Applicable 10. Impact on the company's financial and business operations: None 11. If the directors are investors in businesses in mainland China, the amount of investment and the shareholding ratio: None 12. Other matters to be specified: None