Guizhou Maotai: Adjustment of repurchase share price cap after implementing mid-term equity distribution

Guizhou Maotai announced that its first extraordinary general meeting of shareholders in 2025 approved the proposal to repurchase shares through centralized competitive bidding and the mid-term profit distribution plan for 2025. Due to a cash dividend of 23.957 yuan per share, with a total cash dividend of 3 billion yuan, the repurchase share price limit has been adjusted from 1,887.63 yuan per share to 1,863.67 yuan per share as of December 19. According to the estimated repurchase funds of 1.5 billion to 3 billion yuan, it is expected to repurchase 804,864 to 1,609,727 shares, accounting for 0.0643% to 0.1285% of the total share capital. Other repurchase matters remain unchanged besides the adjustment in price limit.