Internal message from Mutong: CEO and management structure unchanged, will provide employees with multiple incentive plans.

In regards to the sale of Mu Tong Technology to Savvy Games Group, a subsidiary of the Saudi Public Investment Fund, Mu Tong CEO Zhang Yunfan released an internal memo stating that the company has recently signed an agreement with Savvy Games Group, and that both parties will complete the transaction in the near future. After the deal is completed, Mu Tong will become a wholly-owned subsidiary of Savvy. At the same time, the management structure of Mu Tong will remain unchanged, and Mu Tong will still be a company headquartered in Shanghai. Zhang Yunfan will continue to serve as the CEO of Mu Tong, leading the company forward with the management team. After the transaction is completed, based on historical performance contributions, Mu Tong will provide multiple incentive plans for employees, including expediting the attribution and distribution of long-term incentives granted in the past. It will also launch new attractive incentive schemes based on future performance.