Chow Tai Fook's senior executive, Xu Jinzhuo, plans to reduce his shareholding by no more than 0.0117%.

Zhou Dasheng Announcement: the company's senior management Xu Jinzhuo holds 506,200 shares of the company, accounting for 0.0466% of the total share capital. He plans to sell no more than 126,600 shares through centralized competitive bidding from December 1, 2025 to February 27, 2026, starting from the disclosure date of this announcement, with a reduction percentage not exceeding 0.0117% of the total share capital. The shares to be sold are from the first phase of the restricted stock incentive plan, and the selling price will be determined by the secondary market price at the time of selling. The reason for the sale is personal financial needs.