Ligao Food Co., Ltd. 2025 Annual Equity Distribution Implementation Announcement

Securities Code: 300973 Bond Code: 123179 Securities Abbreviation: Ligao Food Bond Abbreviation: Ligao Convertible Bond Announcement Number: 2026-040

Ligao Food Co., Ltd. 2025 Annual Equity Distribution Implementation Announcement

The company and the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or significant omissions.

Special Notice:

1. Ligao Food Co., Ltd. (hereinafter referred to as the "Company" or "this Company") has formulated its 2025 annual profit distribution plan as follows: Based on the total share capital of the company on the equity registration date for the implementation of equity distribution (excluding shares in the repurchase account) (the current total share capital is 169,340,646 shares, after deducting 2,702,077 shares repurchased, the number of shares is 166,638,569 shares), a cash dividend of RMB 5 (tax inclusive) will be distributed for every 10 shares to all shareholders. The total cash dividend amount is RMB 83,319,284.50 (tax inclusive). This distribution will not involve capital reserve to convert into share capital or distribute bonus shares. If the company's share capital changes due to convertible bond conversion, equity incentive exercise, or other reasons from the disclosure of this profit distribution plan to its implementation, the company will adjust the total cash dividend amount accordingly, based on the total share capital on the equity registration date for the implementation of equity distribution (shares in the repurchase dedicated securities account will not participate in the distribution), and maintain the same per-share distribution ratio.

2. When calculating the ex-rights and ex-dividend price after the implementation of this equity distribution, the cash dividend per 10 shares (tax inclusive), calculated based on the total share capital (including repurchased shares), is = Total cash dividend amount / Total share capital × 10 = 83,319,284.50 / 169,340,646 × 10 = 4.920217 yuan (retained to six decimal places, the last digit is directly truncated, not rounded). The ex-rights and ex-dividend reference price after the implementation of this equity distribution = Closing price on the day before the ex-rights and ex-dividend date - Cash dividend per share calculated based on the total share capital (including repurchased shares) = Closing price on the day before the ex-rights and ex-dividend date - 0.4920217 yuan/share (retained to seven decimal places, the last digit is directly truncated, not rounded).

The 2025 annual equity distribution plan of the company has been approved by the 2025 Annual Shareholders' Meeting held on May 25, 2026. The equity distribution matters are hereby announced as follows: