Dongfeng Group (00489) Records Zero Dissent in Proposed Privatisation; Merger and VOYAH Share Distribution Await Final Conditions

Bulletin Express03-10

Dongfeng Motor Group Company Limited (“Dongfeng Group”, 00489.HK) announced that during the designated Declaration Period on 10 March 2026, no H-shareholders exercised their statutory Right of Dissenting Shareholders regarding the company’s proposed privatisation.

The transaction structure involves: 1. Conditional privatisation of Dongfeng Group by Dongfeng Motor Group (Wuhan) Investment Company Limited (“the Offeror”) through a merger by absorption (the “Merger”). 2. A planned distribution of Dongfeng Group’s holdings in VOYAH shares to its shareholders (the “Distribution”). 3. Subsequent withdrawal of Dongfeng Group’s H-share listing from the Hong Kong Stock Exchange.

Key status updates: • Merger Conditions to Implementation—including completion of the VOYAH share Distribution—remain outstanding. • Distribution Conditions include formal approval for VOYAH’s Listing by Introduction from the Hong Kong Stock Exchange; this approval must remain valid and un-withdrawn. • Neither the Offeror nor Dongfeng Group guarantees that the remaining conditions will be satisfied or waived; therefore, completion of both the Merger and the Distribution is not assured.

Stakeholder guidance: Shareholders and potential investors are advised to exercise caution when dealing in Dongfeng Group securities until definitive confirmation of the Merger and Distribution is announced.

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Conditional privatisation of Dongfeng Group by Dongfeng Motor Group (Wuhan) Investment Company Limited (“the Offeror”) through a merger by absorption (the “Merger”).  \n2. A planned distribution of Dongfeng Group’s holdings in VOYAH shares to its shareholders (the “Distribution”).  \n3. 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