Ligao Food: Shareholder Bai Baokun plans to reduce his stake in the company by no more than 2.04%.

Announcement of Lighao Foods: Shareholder and director Bai Baokun holds 13.9115 million shares of the company, accounting for 8.2151% of the latest total share capital, and 8.3483% excluding shares held in the repurchase special account. From July 21, 2026 to October 20, 2026, he plans to reduce his holdings by no more than 3.4 million shares through centralized bidding and block trades, not exceeding 2.0403% of the total share capital excluding shares held in the repurchase special account. The reason for the reduction is personal fund needs, and the price will be determined by the market.