Seyond Management Voluntarily Extends Lock-Up to December 2026, Covering 206.77 Million Shares (15.92% of Issued Capital)

Bulletin Express06-03

Seyond Holdings Ltd. announced that four senior executives—including Chairman, President and CEO Bao Junwei—have signed voluntary undertakings that prohibit any sale of their directly or indirectly held shares until 9 December 2026.

The commitments cover a combined 206.77 million shares, representing approximately 15.92% of Seyond’s total issued share capital:

• Bao Junwei: 172.15 million shares (13.25% of issued shares) held through High Altos Limited and Phthalo Blue LLC.

• Executive Director Li Yimin: 22.95 million shares (1.77%).

• Vice President of Software Engineering Yang Zhen: 11.66 million shares (0.90%), of which 6.98 million are held directly and 4.68 million via the Sunrise TY Legacy Trust.

• CFO Yao Yuan: holds no vested shares at present but has restricted share units (RSUs) subject to the same lock-up once vested.

The executives also committed not to sell any shares acquired through future option exercises or RSU vesting during the extended lock-up period.

Seyond advised shareholders and potential investors to exercise caution when dealing in the company’s securities.

The board currently comprises two executive directors—Bao Junwei and Li Yimin—and three independent non-executive directors: Chen Changling, Costas John Spanos and Maximilian Ibel. The voluntary announcement was issued in Hong Kong on 3 June 2026.

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