Securities Code: 002419 Securities Abbreviation: Rainbow Department Store Announcement Number: 2026-011
Rainbow Department Store Co., Ltd. Resolution Announcement of the Fourth Meeting of the Seventh Board of Directors
The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
I. Convening of the Board Meeting
The Fourth Meeting of the Seventh Board of Directors of Rainbow Department Store Co., Ltd. (hereinafter referred to as the "Company") was held on March 11, 2026, in Meeting Room 1, 20th Floor, Rainbow Building, No. 3019, Center Road (Shenzhen Bay Section), Nanshan District, Shenzhen, through a combination of on-site and video conferencing. The meeting notice was sent by written and electronic mail on March 1, 2026. The meeting was presided over by the Chairman of the Company. Nine directors were entitled to attend, and all nine directors were present. Senior management personnel attended the meeting as non-voting participants. The convening of this meeting complies with the relevant provisions of the "Company Law," the "Articles of Association," and the "Rules of Procedure for Board Meetings of the Company."
II. Deliberation of the Board Meeting
(I) The meeting deliberated and approved the "Company's 2025 Annual General Manager Work Report." Voting results: 9 votes in favor, 0 votes against, 0 abstentions.
(II) The meeting deliberated and approved the "Company's '15th Five-Year Plan' and Mid-to-Long Term Development Plan Report." This proposal was previously deliberated and approved by the First Meeting of the Seventh Board of Directors' Strategy and ESG Committee. Voting results: 9 votes in favor, 0 votes against, 0 abstentions.
(III) The meeting deliberated and approved the "Company's 2025 Annual Board Work Report." Voting results: 9 votes in favor, 0 votes against, 0 abstentions. This proposal needs to be submitted to the Company's shareholders' meeting for deliberation.
The independent directors submitted their 2025 annual reports to the Board of Directors and will present their reports at the Company's 2025 shareholders' meeting. The independent directors submitted a self-inspection report on their independence to the Board of Directors. After review, the Board of Directors believes that the independence and qualification of the independent directors comply with relevant laws and regulations. For detailed content, please refer to the "Company's 2025 Annual Board Work Report," "Independent Directors' 2025 Annual Work Reports," and the "Special Opinion on the Board of Directors' Evaluation of Independent Directors' Independence" disclosed by the Company on the CNINFO website (http://www.cninfo.com.cn).
(IV) The meeting deliberated and approved the "Company's 2025 Annual Report and Summary." Voting results: 9 votes in favor, 0 votes against, 0 abstentions. For detailed content, please refer to the "Company's 2025 Annual Report" and the "Company's 2025 Annual Report Summary (2026-012)" disclosed by the Company in the Securities Times and on the CNINFO website (http://www.cninfo.com.cn).