Shandong Boan Biotechnology Co., Ltd. (“BOAN BIOTECH”) has executed a supplemental agreement with Industrial Bank Financial Leasing Co., Ltd. to its previously announced finance-lease arrangement, confirming that the purchase price of the leased machinery and equipment remains unchanged at RMB75.00 million.

Signed on 9 September 2026, the supplemental agreement updates the reference carrying value of the adjusted leased assets to approximately RMB100.61 million as of 31 August 2026. The original finance-lease contract, dated 27 August 2026, had cited a carrying value of about RMB100.00 million as of 30 June 2026.

Key points remain intact: • Purchase price: RMB75.00 million • Lease counterparty: Industrial Bank Financial Leasing Co., Ltd. • Nature of transaction: Discloseable transaction under Chapter 14 of the Hong Kong Listing Rules • All other commercial terms and lease conditions are unchanged.

The board of BOAN BIOTECH stated that the supplemental agreement was reached on normal commercial terms after arm’s-length negotiations and deemed the agreed terms fair, reasonable and in the interests of shareholders.