Mousse Health Sleep Co., Ltd. (hereinafter referred to as "Mousse" or "the Company") and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
I. Overview of the Guarantee
(1) Basic Situation of the Guarantee
To meet the operational needs of the Company, Mousse Health Sleep Co., Ltd. signed an "Irrevocable Maximum Guarantee" with China Merchants Bank Dongguan Branch on February 9, 2026, to guarantee the debts incurred by its wholly-owned subsidiaries: Dongguan Mousse Bedding Sales Co., Ltd. (hereinafter referred to as "Mousse Sales"), Dongguan Aimu Bedding Products Co., Ltd. (hereinafter referred to as "Dongguan Aimu"), and Dongguan Mousse Bedding E-commerce Co., Ltd. (hereinafter referred to as "Mousse E-commerce") in their credit financing applications with the bank. The details are as follows:
| Guaranteed Entity | Guarantor | Creditor Bank | Credit Amount/Guarantee Amount (RMB 10,000) |
|---|---|---|---|
| Mousse Sales | Mousse | China Merchants Bank | 20,000 |
| Dongguan Aimu | Mousse | China Merchants Bank | 15,000 |
| Mousse E-commerce | Mousse | China Merchants Bank | 5,000 |
(2) Internal Decision-Making Process for the Guarantee
On April 24, 2025, and May 16, 2025, the Company held the 14th meeting of the second board of directors and the 2024 annual shareholders' meeting, respectively, to review and approve the proposal for the Company and its subsidiaries to apply for a comprehensive credit limit from the bank and provide guarantees for the subsidiaries in 2025. The Company agreed to provide a joint liability guarantee for its subsidiaries (all included in the consolidated financial statements) for a total credit limit not exceeding RMB 4 billion (including the principal) for the year 2025, effective for 12 months from the date of approval by the 2024 annual shareholders' meeting. Within the aforementioned guarantee limit, the specific guarantee amounts and guarantee periods shall be subject to the actual signed agreements, and guarantees may be applied for multiple times. For further details, please refer to the announcement disclosed by the Company on April 25, 2025 (Announcement No.: 2025-021). This guarantee falls within the approved guarantee limit and effective period by the Company's 2024 annual shareholders' meeting, and does not require further internal decision-making procedures.