Edianyun Ltd. — Share Issue/Capital Change 2023

Aug 25, 2023

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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Edianyun Limited 易點雲有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2416)

PROPOSED ADOPTION OF SHARE SCHEME

The board (the “ Board ”) of directors (the “ Directors ”) of Edianyun Limited (the “ Company ”) is pleased to announce that on 25 August 2023, the Board has resolved to propose the adoption of a share scheme (the “ Share Scheme ”) for the approval by the shareholders of the Company (the “ Shareholders ”) at the extraordinary general meeting to be convened by the Company.

The purposes of the Share Scheme are (i) to provide a flexible method for the Company to attract, motivate and retain its eligible participant (being directors and employees of (a) the Company or any of its subsidiaries (including persons who are granted awards under the Share Scheme as an inducement to enter into employment contracts with these companies) and (b) the holding companies, fellow subsidiaries or associated companies of the Company) (collectively, the “ Eligible Participants ”); and (ii) to encourage the Eligible Participants to contribute to the Company’s long-term growth and interests, and enhance the value of the Company and its shares (the “ Shares ”). Awards to be granted under the Share Scheme may take the form of either a share option or a share award.

The Share Scheme will constitute a share scheme under Chapter 17 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”).

The Share Scheme is subject to, among other things, (i) the passing of a resolution by the Shareholders to approve the adoption of the Share Scheme at a general meeting; and (ii) the Listing Committee of The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) granting the approval for the listing of, and permission to deal in, the Shares on the Stock Exchange which may fall to be issued and allotted in respect of any awards to be granted under the Share Scheme.

A circular containing, among other things, details relating to the proposed adoption of the Share Scheme, the principal terms of the Share Scheme and a notice convening the extraordinary general meeting will be despatched to the Shareholders in due course in accordance with the requirements of the Listing Rules.

By Order of the Board Edianyun Limited Ji Pengcheng Chairman and Chief Executive Officer

Beijing, the PRC, 25 August 2023

As at the date of this announcement, the Board comprises Dr. Ji Pengcheng, Mr. Zhang Bin, Mr. Zheng Tao and Mr. Xiang Zheng as executive Directors; and Mr. Hong Weili, Mr. Song Shiji, Mr. Wang Jingbo and Ms. Li Dan as independent non-executive Directors.