DPC Dash Ltd — Major Shareholding Notification 2024

Oct 17, 2024

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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DPC Dash Ltd 達勢股份有限公司

(Incorporated in the British Virgin Islands with limited liability) (Stock Code: 1405)

VOLUNTARY ANNOUNCEMENT SHARE SALE BY A SUBSTANTIAL SHAREHOLDER

This announcement is made by DPC Dash Ltd (the “ Company ”, together with its subsidiaries, the “ Group ”) on a voluntary basis to the shareholders of the Company and potential investors.

The board (the “ Board ”) of directors (the “ Directors ” and each a “ Director ”) of the Company was informed by Domino’s Pizza LLC, one of the substantial shareholders (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”)) of the Company, that on October 17, 2024 before trading hours, it has agreed to sell an aggregate of 10,000,000 shares of the Company (the “ Share(s) ”), representing approximately 7.66% of the total issued share capital of the Company as of October 17, 2024, by way of off-market block trades (the “ Share Sale ”). To the best knowledge of the Company, the purchasers of the Shares include institutional investors.

Since the Company’s listing in March 2023 until immediately prior to the Share Sale, Domino’s Pizza LLC was interested in 18,101,019 Shares, representing approximately 13.87% of the total issued share capital of the Company. Immediately after the Share Sale, Domino’s Pizza LLC is interested in 8,101,019 Shares, representing approximately 6.21% of the total issued share capital of the Company. As informed by Domino’s Pizza LLC, the remaining Shares held by Domino’s Pizza LLC will be subject to a lock-up of 90 days from the closing date of the Share Sale, which is expected to be on October 21, 2024.

Domino’s Pizza LLC is wholly-owned by Domino’s, Inc., which is in turn wholly-owned by Domino’s Pizza, Inc. Domino’s Pizza, Inc. is a Delaware corporation with its shares listed on the New York Stock Exchange (NYSE: DPZ). Domino’s Pizza LLC first became a shareholder of our Company in May 2020 and further invested in our Company in January and December 2021. We have entered into a long-term master franchise agreement (the “ Master Franchise Agreement ”) with a subsidiary of Domino’s Pizza, Inc. on June 1, 2017, pursuant to which we have the exclusive right to develop and operate and to sub-franchise the right to develop and operate Domino’s Pizza stores and a license to use and sub-license the use of the Domino’s system and the associated trademarks in the operation of stores in the mainland China, Hong Kong and Macau. The Share Sale will not have any impact on the Master Franchise Agreement with Domino’s Pizza, Inc. For further details of the Master Franchise Agreement, please refer to the prospectus of the Company dated March 16, 2023.

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The Board believes that investment from Domino’s Pizza LLC has historically provided strong growth capital for the Company. To the best knowledge of the Board, the Share Sale was effected by Domino’s Pizza LLC in view of the significant operational and financial growth achieved by the Group in the past year. The Board believes that the Share Sale will provide liquidity to our Shares and broaden our shareholder base and will not deter Domino’s Pizza LLC partnership with our Company in the future. The Board does not expect the Share Sale to have any adverse effect on the business operations and financial positions of the Group.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.

By Order of the Board DPC Dash Ltd Frank Paul KRASOVEC Chairman

Hong Kong, October 17, 2024

As of the date of this announcement, the Board comprises Ms. Yi WANG as executive Director, Mr. Frank Paul KRASOVEC, Mr. James Leslie MARSHALL, Mr. Zohar ZIV, Mr. Matthew James RIDGWELL and Mr. Arthur Patrick D’ELIA as non-executive Directors and Mr. David Brian BARR, Mr. Samuel Chun Kong SHIH and Ms. Lihong WANG as independent non-executive Directors.

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