Yunji (02670) Management Members Voluntarily Extend Lock-Up Undertaking

Stock News10-16

Yunji (02670) has announced that Ms. Zhi Tao (Ms. Zhi) and Mr. Li Quanyin (Mr. Li) have voluntarily given lock-up undertakings.

Ms. Zhi serves as the chairman, executive director, and president of the company, while Mr. Li serves as an executive director and chief executive officer of the company.

Ms. Zhi and Mr. Li have each voluntarily undertaken to extend the lock-up period for the shares they directly hold until October 15, 2027.

Under the above undertakings, for the 12-month period from October 16, 2026 to October 15, 2027 (inclusive of both days), they will not sell, transfer, or otherwise dispose of or reduce their respective directly held shares in any manner, namely 60,161,900 shares held by Ms. Zhi and 13,787,960 shares held by Mr. Li, representing approximately 8.62% and 1.98% of the company's total issued shares (including treasury shares) as of the date of this announcement, respectively.

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