Karen Corporation: Director Zhang Yong intends to reduce his shareholding by 0.35%.

Karen Corporation announced that the director and executive vice president, Zhang Yong, holds 5.8 million shares, accounting for 1.54% of the total share capital excluding repurchased shares. It is planned to reduce holdings by no more than 1.3 million shares, or 0.35%, through centralized bidding or block trading from July 3, 2026 to October 2, 2026. The reason for the reduction is to repay the promised funds and meet personal financial needs. The source of the shares is from shares before the initial public offering, rights issue subscription, and capital reserve increase in share capital. The reduction price will be determined based on the market price and trading methods at that time.