Stock code: 688036 Stock abbreviation: Transsion Holdings Announcement No.: 2024-041

Shenzhen Transsion Holdings Co., Ltd. 2024 semi-annual equity distribution implementation announcement

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of the announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Important Content Notes:

Whether it involves the transfer of differentiated dividends: No

Proportion of distribution per share

Cash dividend of $1.5 per share (tax included)

Relevant dates

Record date: Ex-rights (interest) date, cash dividend payment date

2024/11/20 2024/11/21 2024/11/21

1. The session and date of the general meeting of shareholders for the approval of the distribution plan

The profit distribution plan was approved by the company's first extraordinary general meeting of shareholders in 2024 on November 6, 2024

adopted.

2. Distribution plan

1. Payment year: 2024 semi-annual

2. Assignment Target:

All shareholders of the Company registered with China Securities Depository and Clearing Corporation Shanghai Branch (hereinafter referred to as "ChinaClear Shanghai Branch") after the close of the Shanghai Stock Exchange on the afternoon of the share registration day. 3. Distribution Scheme:

The profit distribution is based on the company's total share capital of 1,140,350,575 shares before the implementation of the plan, and a cash dividend of 1.5 yuan (tax included) per share, with a total cash dividend of 1,710,525,862.50 yuan.

3. Relevant Dates

Record date: Ex-rights (interest) date, cash dividend payment date

2024/11/20 2024/11/21 2024/11/21

Fourth, the distribution of implementation measures

1. Implementation Measures

The dividends of the unrestricted tradable shares are entrusted to ChinaClear Shanghai Branch through its fund clearing system to be distributed to shareholders who are registered after the close of the Shanghai Stock Exchange on the equity registration date and have completed designated transactions with each member of the Shanghai Stock Exchange. Investors who have completed the designated transactions can receive cash dividends at their designated securities business offices on the dividend payment date, and the dividends of shareholders who have not completed the designated transactions will be temporarily kept by ChinaClear Shanghai Branch and will be distributed after the designated transactions are completed.

2. Self-issuance of objects

The cash dividends of the following shareholders of unrestricted tradable shares are paid by the Company itself: Shenzhen Transsion Investment Co., Ltd. and Xinyu Chuan Jiali Enterprise Management Partnership (Limited Partnership).

3. Tax deduction instructions

(1) For natural person shareholders and securities investment funds with unrestricted tradable shares, in accordance with the Notice on Issues Concerning the Implementation of the Differentiated Individual Income Tax Policy on Dividends and Dividends of Listed Companies (Cai Shui [2012] No. 85) and the Notice on Issues Concerning the Differentiated Individual Income Tax Policy on Dividends and Dividends of Listed Companies (Cai Shui [2015] No. 101) and other relevant provisions, the shares of listed companies obtained by individuals (including securities investment funds) from the public offering and transfer market with a holding period of more than one year, Dividends and dividends are temporarily exempted from individual income tax, and each share is actually distributed

Cash bonus of RMB 1.5; If the company holds shares for less than 1 year (including 1 year), the company will not withhold individual income tax for the time being.

The actual cash dividend of RMB 1.5 per share shall be paid to the Company within 5 working days of the following month, and the Company shall declare and pay the tax to the competent tax authorities within the statutory reporting period of the month in which the tax is received.

The specific actual tax burden is: if the shareholder's shareholding period is less than 1 month (including 1 month), its dividend is divided

The full amount of profit income is included in the taxable income, and the actual tax burden is 20%; The holding period is more than 1 month to 1 year

(including 1 year), the temporary reduction shall be included in the taxable income at 50%, and the actual tax burden shall be 10%; If the holding period exceeds 1 year, the income from dividends and dividends is temporarily exempted from individual income tax.

(2) For shareholders of Qualified Foreign Institutional Investors ("QFIIs"), in accordance with the Notice on Issues Concerning the Withholding and Payment of Enterprise Income Tax on Dividends, Bonuses and Interest Paid by Chinese Resident Enterprises to QFIIs (Guo Shui Han [2009] No. 47) issued by the State Administration of Taxation, the Company shall withhold and pay enterprise income tax at a uniform rate of 10%, and the actual cash dividend per share after tax shall be RMB1.35. If the relevant shareholders believe that the dividends and dividends they receive need to enjoy any tax treaty (arrangement) treatment or other preferential tax policies, they can do so on their own in accordance with the relevant regulations.

(3) For shareholders of the Stock Exchange of Hong Kong who hold shares of the Company through the "Shanghai-Hong Kong Stock Connect", the cash dividends will be distributed by the Company in RMB according to the nominee account of the shares through ChinaClear Shanghai Branch. According to the Notice on Tax Policies Concerning the Pilot Program of the Shanghai-Hong Kong Stock Connect (Cai Shui [2014] No. 81), the cash dividend will be withheld and paid by the Company at a rate of 10%, and the actual cash dividend per share after tax will be RMB1.35. If the relevant shareholders believe that the dividends and dividends they receive need to enjoy any tax treaty (arrangement) treatment or other preferential tax policies, they can do so on their own in accordance with the relevant regulations.

(4) For other institutional investors and corporate shareholders, the Company will not withhold and pay cash dividend income tax, and its dividend and bonus income tax will be paid by itself, and the actual cash dividend per share will be 1.5 yuan.

5. Relevant consultation methods

If you have any questions about this distribution, please follow the following contact information:

Contact department: Office of the Secretary of the Board of Directors of the Company

Contact number: 0755-33979932

The announcement is hereby made.

Board of Directors of Shenzhen Transsion Holdings Co., Ltd

November 14, 2024