Vala Inc. — Governance Information 2026

Mar 27, 2026

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.

vala

Vala Inc.

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 2051)

PROPOSED ADOPTION OF THE AMENDED AND RESTATED MEMORANDUM AND ARTICLES OF ASSOCIATION

This announcement is made by Vala Inc. (the "Company") pursuant to Rule 13.51(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

The board (the "Board") of directors (the "Directors") of the Company proposes to amend and restate the existing fourth amended and restated memorandum of association and fourth amended and restated articles of association of the Company for the purposes of (a) reflecting the latest address of registered office of the Company; and (b) incorporating certain housekeeping amendments (collectively, the "Proposed Amendments").

A special resolution will be proposed for the Shareholders to consider and, if thought fit, approve the proposed adoption of the new set of fifth amended and restated memorandum of association and fifth amended and restated articles of association incorporating the Proposed Amendments at the forthcoming annual general meeting of the Company ("AGM").

• 1 -

---

A circular containing, among other things, further information regarding the Proposed Amendments, together with the notice of the AGM will be despatched to the shareholders of the Company in due course.

By Order of the Board

Vala Inc.

Sun Haitao

Chairman, Chief Executive Officer and Executive Director

27 March 2026

As at the date of this announcement, the executive Directors are Mr. Sun Haitao and Ms. Wu Shan; the non-executive Director is Ms. Zou Yunli; and the independent non-executive Directors are Mr. Ye Xiang, Mr. Xu Xuchu and Mr. Shou Jian.

• 2 -