1805 Baolei Announces Results of 2026 Annual Shareholders' Meeting: Full Board Election Completed

Release Date: June 27, 2026 Statement Date: June 26, 2026 Statement Time: 14:15:05 Company Code: 1805 Company Name: Baolei Subject: Announcement of the list of elected directors following the full board election at the 2026 annual shareholders' meeting. Applicable Clause: Clause 6 Factual Date: June 26, 2026

1. Date of Change: June 26, 2026

2. Category of Appointed or Changed Personnel (please specify: legal entity director, legal entity supervisor, independent director, individual director, or individual supervisor): Legal entity directors and independent directors

3. Former Directors' Titles and Names: Legal Entity Director: Lin Ruishan, representative of Puquan Advertising Co., Ltd. Legal Entity Director: Li Zhongshu, representative of Puquan Advertising Co., Ltd. Legal Entity Director: Su Liyu, representative of Puquan Advertising Co., Ltd. Legal Entity Director: Zhang Chungui, representative of Zhongrong Asset Management Co., Ltd. Legal Entity Director: Zheng Yuankai, representative of Zhongrong Asset Management Co., Ltd. Legal Entity Director: Liao Peiling, representative of Nianmei Investment Co., Ltd. Independent Director: Huang Guoshi Independent Director: Li Peichang Independent Director: Guo Yuxin Independent Director: Dai Jiawei

4. Former Directors' Resumes: Lin Ruishan: Chairman and General Manager of the Company Li Zhongshu: Chairman of Puyuan Construction Group Su Liyu: Deputy General Manager of Finance Department, Puyuan Construction Group Zhang Chungui: General Manager of Chunbao Ceratizit Tungsten Group Zheng Yuankai: Project Manager, Chunbao Ceratizit Tungsten Group Liao Peiling: Director, Aiyue Hotel Group Huang Guoshi: Independent Director of the Company / Partner Accountant, Kangchu United Accounting Firm Li Peichang: Independent Director of the Company / Principal Partner Lawyer, Liuhe Law Firm Guo Yuxin: Independent Director of the Company / Chairman, Shiyu Group Dai Jiawei: Independent Director of the Company

5. New Directors' Titles and Names: Legal Entity Director: Lin Ruishan, representative of Puquan Advertising Co., Ltd. Legal Entity Director: Li Zhongshu, representative of Puquan Advertising Co., Ltd. Legal Entity Director: Su Liyu, representative of Puquan Advertising Co., Ltd. Legal Entity Director: Zhang Chungui, representative of Zhongrong Asset Management Co., Ltd. Legal Entity Director: Zheng Yuankai, representative of Zhongrong Asset Management Co., Ltd. Legal Entity Director: Liao Peiling, representative of Zhongrong Asset Management Co., Ltd. Independent Director: Guo Yuxin Independent Director: Dai Jiawei Independent Director: Lin Dongqiao Independent Director: Ma Zaiqin

6. New Directors' Resumes: Lin Ruishan: Chairman and General Manager of the Company Li Zhongshu: Chairman of Puyuan Construction Group Su Liyu: Deputy General Manager of Finance Department, Puyuan Construction Group Zhang Chungui: General Manager of Chunbao Ceratizit Tungsten Group Zheng Yuankai: Project Manager, Chunbao Ceratizit Tungsten Group Liao Peiling: Director, Aiyue Hotel Group Guo Yuxin: Independent Director of the Company / Chairman, Shiyu Group Dai Jiawei: Independent Director of the Company Lin Dongqiao: Partner Accountant, PricewaterhouseCoopers United Accounting Firm Ma Zaiqin: Principal Lawyer, Ma Zaiqin Law Firm

7. Nature of Change (please enter 'resignation', 'dismissal', 'end of term', 'death', or 'new appointment'): End of term

8. Reason for Change: Full board election due to expiration of directors' term

9. Shareholding of New Directors at Time of Appointment: Legal Entity Director: Puquan Advertising Co., Ltd. – 27,916,729 shares Legal Entity Director: Zhongrong Asset Management Co., Ltd. – 10,549,457 shares Independent Director: Guo Yuxin – 0 shares Independent Director: Dai Jiawei – 0 shares Independent Director: Lin Dongqiao – 0 shares Independent Director: Ma Zaiqin – 588,881 shares

10. Previous Term (e.g., xx/xx/xx ~ xx/xx/xx): June 21, 2023 ~ June 20, 2026

11. Effective Date of New Appointment: June 26, 2026

12. Director Turnover Rate within Same Term: Not applicable

13. Independent Director Turnover Rate within Same Term: Not applicable

14. Supervisor Turnover Rate within Same Term: Not applicable

15. Is the change affecting more than one-third of the directors? (yes/no): No

16. Other Matters to be Clarified: None