Announcement on the Achievement of Exercise Conditions for the Second Tranche of Stock Options under the 2024 Stock Option and Restricted Stock Incentive Plan

Securities Code: 300148

Securities Abbreviation: Tianzhou Culture

Number: 2026-025

Announcement on the Achievement of Exercise Conditions for the Second Tranche of Stock Options under the 2024 Stock Option and Restricted Stock Incentive Plan

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or material omissions.

Key Information Highlights:

1. The number of eligible recipients for this stock option exercise is 47.

2. The number of stock options that can be exercised this time is 7.02 million, accounting for 0.83% of the company's total share capital.

3. Source of shares for exercise: Ordinary A shares of the company issued to incentive recipients.

4. Exercise price: 2.61 yuan/option.

5. This exercise will be conducted through self-exercise. The company will proceed with the actual exercise after completing the relevant procedures at the Shenzhen Stock Exchange and China Securities Depository and Clearing Corporation Limited Shenzhen Branch. A reminder announcement will be issued at that time. Investors are requested to pay attention.

Tianzhou Culture Co., Ltd. (hereinafter referred to as the "Company") held the fourth meeting of the Fifth Board of Directors on August 7, 2026, and deliberated and passed the "Proposal on the Achievement of Exercise Conditions for the Second Tranche of Stock Options under the 2024 Stock Option and Restricted Stock Incentive Plan." According to the "2024 Stock Option and Restricted Stock Incentive Plan" (hereinafter referred to as the "Incentive Plan"), the Board of Directors believes that the exercise conditions for the second tranche of stock options stipulated in the "Incentive Plan" have been met, and agrees to handle the exercise matters for the second tranche of stock options for eligible incentive recipients. The relevant matters are hereby announced as follows:

I. Summary of the Implementation of the Equity Incentive Plan

(I) Brief Introduction to the Equity Incentive Plan