YOURAN DAIRY (09858) issues 299.25 million new shares to Boyuan under special authorization.

Youran Dairy (09858) announced that all the conditions precedent under the special authority subscription agreement have been fulfilled as stated in the section "Conditions Precedent" of the circular, and the special authority subscription matter was completed on June 29, 2026 in accordance with the terms and conditions of the special authority subscription agreement. After the completion of the special authority subscription matter, the company has, in accordance with the special authorization sought from independent shareholders at the extraordinary general meeting, officially issued and distributed 2.9925 billion new shares to Boyuan at the special authority subscription price of HK$3.92 per share. These new shares represent approximately 7.14% of the company's issued share capital immediately prior to the completion of the special authority subscription matter; and approximately 6.66% of the company's issued share capital immediately after the completion of the special authority subscription matter.