Guangdong Golden Maze Entertainment Co., Ltd.
Announcement on Resolutions of the 20th Meeting of the Fourth Board of Directors
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from false records, misleading statements, or major omissions.
I. Convening of the Board Meeting
Guangdong Golden Maze Entertainment Co., Ltd. (hereinafter referred to as the "Company") held the 20th meeting of the Fourth Board of Directors via communication on August 11, 2026. The meeting was convened by Chairman Deng Zhiyi, and the meeting notice was delivered directly on August 7, 2026. Five directors were expected to attend this meeting, and five directors actually attended. The meeting was presided over by Chairman Deng Zhiyi, and all senior management personnel of the Company were present. The convening, holding, and voting of this meeting comply with the provisions of the "Company Law" and other laws and regulations and the "Articles of Association," and the meeting is legal and valid.
II. Deliberation and Voting of the Board Meeting
The meeting adopted a vote by ballot. The deliberation and voting results are as follows:
(I) Deliberated and Approved the "Proposal on Adjusting the Company's 2026 Plan for Issuing Shares to Specific Targets"
In accordance with the relevant provisions of the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Administrative Measures for the Registration of Issuance of Shares by Listed Companies," and other laws, regulations, and regulatory documents, and based on the Company's actual situation and the authorization of the Company's Second Extraordinary General Meeting of Shareholders in 2026, the Company has adjusted the use and amount of raised funds in the plan for issuing shares to specific targets in 2026 (hereinafter referred to as the "Current Issuance"). The total amount of raised funds has been adjusted from "not exceeding RMB 105,295.14 million (inclusive)" to "not exceeding RMB 56,121.52 million (inclusive)." The "Park and Attraction Construction and Operation Project" will not be a project funded by the raised capital of the Current Issuance; it will be fully funded by the Company's own funds or self-raised funds subsequently. All other matters not adjusted remain in accordance with the original plan.