Gao Weida: Shareholders holding more than 5% of the shares reduce their holdings by 1% and terminate the reduction plan ahead of schedule

Gao Weida announced that shareholder UnionPay Technology Co., Ltd. originally planned to reduce its holdings by no more than 10.8 million shares within 3 months after 15 trading days from March 11, 2026, which is no more than 2.43% of the total share capital of the company. From May 29 to June 4, 2026, UnionPay Technology has cumulatively reduced its holdings by 3.4865 million shares through centralized bidding and block trading, accounting for 0.78% of the total share capital, and the shareholding ratio decreased from 6.67% to 5.89%. As of the disclosure date of the announcement, the reduction plan has been terminated in advance, and this reduction did not lead to a change in the company's control rights, nor will it affect the company's corporate governance structure and continuous operation.