Announcement Regarding the Listing and Circulation of Shares for the Second Vesting Period of the First Tranche and the First Vesting Period of the Reserved Tranche under the 2024 Restricted Stock Incentive Plan

Beijing Beishun Communication Technology Co., Ltd.

Announcement Regarding the Listing and Circulation of Shares for the Second Vesting Period of the First Tranche and the First Vesting Period of the Reserved Tranche under the 2024 Restricted Stock Incentive Plan

The company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.

Special Reminder:

1. The listing and circulation date for the restricted shares to be unlocked in this instance is June 24, 2026.
2. The number of employees eligible for unlocking in this instance is 74, and the number of restricted shares to be unlocked is 1,820,000 shares, accounting for 0.3257% of the company's total share capital of 558,751,330 shares as of the date of this announcement.

Beijing Beishun Communication Technology Co., Ltd. (hereinafter referred to as the "Company") held the second meeting of the ninth Board of Directors on June 10, 2026, and deliberated and approved the "Proposal on the Fulfillment of Vesting Conditions for the Second Vesting Period of the First Tranche of the 2024 Restricted Stock Incentive Plan" and the "Proposal on the Fulfillment of Vesting Conditions for the First Vesting Period of the Reserved Tranche of the 2024 Restricted Stock Incentive Plan." The number of employees eligible for vesting in this instance is 74, and the number of restricted shares that can be applied for vesting is 1,820,000 shares, accounting for 0.3257% of the company's total share capital as of the date of this announcement. For detailed information, please refer to the Company's announcement "Announcement on the Fulfillment of Vesting Conditions for the Second Vesting Period of the First Tranche and the First Vesting Period of the Reserved Tranche of the 2024 Restricted Stock Incentive Plan" published on June 11, 2026, in the China Securities Journal, Securities Times, and on the Juchao Information Network (www.cninfo.com.cn). The legal opinion issued by the law firm can be found on the Juchao Information Network on the same day. The company has completed the listing and circulation procedures for the aforementioned restricted shares, and the relevant matters are hereby described as follows:

I. Relevant Approval Procedures and Implementation of the 2024 Restricted Stock Incentive Plan

1. On April 11, 2024, the seventh meeting of the eighth Board of Directors and the sixth meeting of the eighth Supervisory Board deliberated and approved the "Proposal on the <Company's 2024 Restricted Stock Incentive Plan (Draft)> and its Summary" (hereinafter referred to as the "2024 Restricted Stock Incentive Plan" or "this Incentive Plan") and the "Proposal on the <Company's 2024 Restricted Stock Incentive Plan Performance Appraisal Management Measures>" and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the Restricted Stock Incentive Plan." The proposed number of restricted shares to be granted is 6.73 million shares, including 6.13 million shares for the initial grant and 0.6 million shares for the reserved portion. From April 13, 2024, to April 22, 2024, the company publicly disclosed the list of incentive recipients on its official website. After the disclosure period, the Supervisory Board reviewed the list of incentive recipients in conjunction with the disclosure information and published the "Explanation on the Disclosure and Review of the List of Incentive Recipients for the 2024 Restricted Stock Incentive Plan by the Supervisory Board" on April 30, 2024.