Era Angel (06699.HK): Proposed termination of the rights issue plan after the initial public offering and proposed revision of the restricted share unit plan after the initial public offering and updating the quota of the restricted share unit plan after the initial public offering.

The Smart Finance APP announced that, according to the terms of the First Public Offer of Sale and Purchase of Rights Plan, the plan will be valid and effective for a period of 10 years from the adoption date. However, the company may terminate the operation of the First Public Offer of Sale and Purchase of Rights Plan at any time through a resolution of the board of directors or a resolution passed by the shareholders at a general meeting, and in this case, no further purchase rights will be granted. The provisions of the First Public Offer of Sale and Purchase of Rights Plan will still be valid for exercising any purchase rights that have been granted but not yet exercised before the termination, or within the scope as may be provided by the provisions of the First Public Offer of Sale and Purchase of Rights Plan. The purchase rights granted but not yet exercised before the termination will continue to be valid and exercisable in accordance with the First Public Offer of Sale and Purchase of Rights Plan.