Scholar Education Group — Director's Dealing 2025

Jun 19, 2025

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.

思考乐教育

SCHOLAR

EDUCATION

SCHOLAR EDUCATION GROUP

思考樂教育集團

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1769)

VOLUNTARY ANNOUNCEMENT

INCREASE IN SHAREHOLDING BY THE CHAIRMAN AND CONTROLLING SHAREHOLDER

This announcement is made by Scholar Education Group (the "Company") on a voluntary basis.

The board of directors (the "Board") of the Company was informed that Mr. Chen Qiyuan ("Mr. Chen"), the chairman, executive director and controlling shareholder of the Company, acquired an aggregate of 263,000 shares of the Company (the "Shares") on the open market from 17 June 2025 to 19 June 2025 at an average price of approximately HK$3.78 per Share for an aggregate consideration of approximately HK$1 million with his own funds, through Sky Noon International Company Limited, an entity controlled by him (the "Acquisition"). Immediately following the Acquisition, Mr. Chen is interested in an aggregate of 219,658,000 Shares, representing approximately 38.89% of the total issued share capital of the Company as at the date of this announcement.

Mr. Chen is confident in the Company's business strategy, growth prospects and future outlook, and considers that the Acquisition as a demonstration of his commitment and support to the Company and its shareholders. Mr. Chen may further increase its shareholding in the Company from time to time, subject to market conditions and applicable regulatory requirements.

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Based on the information available to the Company and to the best knowledge of the Board, the Company has maintained sufficient public float of the issued Shares following the Acquisition and as at the date of this announcement.

By order of the Board

SCHOLAR EDUCATION GROUP

CHEN QIYUAN

Chairman and Executive Director

Hong Kong, 19 June 2025

As at the date of this announcement, the Board comprises:

Executive Directors
Mr. Chen Qiyuan (chairman)
Mr. Qi Mingzhi (chief executive officer)
Ms. Li Ailing
Ms. Leng Xinlan

Independent non-executive Directors
Mr. Yang Xuezhi
Ms. Yim Ka Man
Prof. Zhang Wenjun