Announcement on the Expiration of the First Lock-up Period and Achievement of Unlocking Conditions for the First Tranche of the 2025 Employee Stock Ownership Plan

Securities Code: 002405 Securities Abbreviation: NavInfo Announcement Number: 2026-030

Beijing NavInfo Co., Ltd.

Announcement on the Expiration of the First Lock-up Period and Achievement of Unlocking Conditions for the First Tranche of the 2025 Employee Stock Ownership Plan

The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Special Reminder:

The number of shares to be unlocked under the 2025 Employee Stock Ownership Plan is 13,825,000 shares, of which 7,262,500 shares are actually available for public trading.

Beijing NavInfo Co., Ltd. (hereinafter referred to as the "Company") held the 20th meeting of the Sixth Board of Directors on July 1, 2026, and reviewed and approved the "Proposal on the Expiration of the First Lock-up Period and Achievement of Unlocking Conditions for the First Tranche of the 2025 Employee Stock Ownership Plan". In accordance with the relevant provisions of the Company's 2025 Employee Stock Ownership Plan (hereinafter referred to as the "Employee Stock Ownership Plan"), the Board of Directors believes that the first lock-up period for the first tranche of the Employee Stock Ownership Plan has expired, and the unlocking conditions have been met. The specific situation is hereby announced as follows.

I. Overview of the Employee Stock Ownership Plan

1. On March 13, 2025, the Company held the 8th meeting of the Sixth Board of Directors and the 6th meeting of the Sixth Supervisory Board, and on March 31, 2025, the 2025 First Extraordinary General Meeting of Shareholders reviewed and approved the "Proposal on the <Company's 2025 Employee Stock Ownership Plan (Draft)> and its Summary" and related proposals, agreeing to implement the 2025 Employee Stock Ownership Plan. For specific details, please refer to the announcements published by the Company on March 14, 2025, and April 1, 2025, in the "China Securities Journal" and "Securities Times" and on the CNINFO website (http://www.cninfo.com.cn).

2. On July 2, 2025, the Company received the "Confirmation Letter of Securities Transfer Registration" from the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. The 28,350,000 shares held in the Company's dedicated securities account for repurchase were transferred via non-trading transfer to the dedicated account for the 2025 Employee Stock Ownership Plan opened by the Company on July 2, 2025. The transfer price was RMB 4.88 per share, and the number of transferred shares was 28,350,000, accounting for 1.20% of the Company's total share capital at that time. For specific details, please refer to the announcements published by the Company on July 3, 2025, in the "China Securities Journal," "Securities Times," and on the CNINFO website (http://www.cninfo.com.cn).

3. On August 22, 2025, the Company held the First General Meeting of Holders of the 2025 Employee Stock Ownership Plan, which reviewed and approved the "Proposal on Establishing the Management Committee of the 2025 Employee Stock Ownership Plan of Beijing NavInfo Co., Ltd.," the "Proposal on Electing Members of the Management Committee of the 2025 Employee Stock Ownership Plan of Beijing NavInfo Co., Ltd.," and the "Proposal on Authorizing the Management Committee of the 2025 Employee Stock Ownership Plan of Beijing NavInfo Co., Ltd. to Handle Matters Related to This Employee Stock Ownership Plan." For specific details, please refer to the announcements published by the Company on August 26, 2025, in the "China Securities Journal," "Securities Times," and on the CNINFO website (http://www.cninfo.com.cn).

4. On January 6, 2026, the Company held the Third Meeting of the Management Committee of the 2025 Employee Stock Ownership Plan, which reviewed and approved the "Proposal on the Allocation of Reserved Shares for the 2025 Employee Stock Ownership Plan." The amount of reserved shares granted to the Employee Stock Ownership Plan in this batch was 29.6376 million shares, corresponding to 6,073,276 shares.