Wuliangye: Propose to the shareholders' meeting to authorize the board of directors to formulate the mid-term dividend plan for 2026.

Wuliangye Announcement: The Board of Directors of the Company proposes to the Shareholders' Meeting to authorize the Board of Directors to formulate and implement the Mid-term Dividend Plan for 2026. The authorization includes formulating and implementing the Mid-term Dividend Plan for 2026 based on the actual operation of the Company, cash flow status, future development needs, and the Company's "2024-2026 Shareholder Return Plan", etc. The dividend amount, dividend frequency, implementation time, etc. will be determined by the Board of Directors based on the actual situation. The authorization period is from the date of approval by the Shareholders' Meeting of the Company in 2025 until the date of the Shareholders' Meeting in 2026. This matter has been reviewed and approved by the 4th meeting of the 7th Board of Directors of the Company in 2026, and it is agreed to be submitted to the Shareholders' Meeting in 2025 for review.