Announcement of Resolutions of the First Extraordinary Shareholders Meeting of Ningbo Menohua Pharmaceutical Co., Ltd. in 2026

Securities code: 603538 Securities abbreviation: Minova Announcement number: 2026-015 Convertible bond code: 113618 Convertible bond abbreviation: Minova convertible bonds

Ningbo Menohua Pharmaceutical Co., Ltd.

Announcement of Resolutions of the First Extraordinary Shareholders Meeting in 2026

The company's board of directors and all directors guarantee that the contents of this announcement do not contain any false records, misleading statements or major omissions, and assume legal responsibility for the authenticity, accuracy and completeness of its contents.

Important content reminder:

 Is there any veto resolution at this meeting: None

1. Meeting convening and attendance

(1) Time of the shareholders’ meeting: February 2, 2026

(2) The location of the shareholders’ meeting: Building 1, No. 777, Jinghua Road, Meixu Street, High-tech Zone, Ningbo City, Zhejiang Province

(3) Common shareholders attending the meeting and preference shareholders whose voting rights have been restored and their shares held:

1. Number of shareholders and agents attending the meeting 330

2. Total number of voting shares held by shareholders attending the meeting (shares) 62,990,128

3. The number of voting shares held by shareholders attending the meeting accounts for the company’s voting shares.

28.5499

Proportion of total number of copies (%)

(4) Whether the voting method complies with the provisions of the "Company Law" and "Articles of Association", the status of the meeting, etc.

This shareholders' meeting was convened by the company's board of directors, and the company's chairman Mr. Yao Chengzhi presided over the meeting. The meeting adopted a combination of on-site registered voting and online voting, and the voting method complied with the provisions of the Company Law and the Articles of Association.

(5) Attendance of company directors and board secretaries

1. The company has 5 current directors and 5 non-voting directors, including 2 independent directors;

2. Mr. Ying Gaofeng, secretary of the company’s board of directors and chief financial officer, and Mr. Xu Jian, a senior manager, attended the shareholders’ meeting.

2. Proposal review status

(1) Non-cumulative voting proposals

1. Proposal Name: "Proposal on Downward Revising the Conversion Price of "Meino Convertible Bonds""

Review result: Passed

Voting status:

Agree Objection Abstaining shareholder type

Number of votes Proportion (%) Number of votes Proportion (%) Number of votes Proportion (%)

A shares 58,780,586 93.3171 4,129,258 6.5554 80,284 0.1275

(2) Regarding major matters, the voting status of shareholders below 5%

Motion Agree Objection Abstain

Motion name

Serial number Number of votes Proportion (%) Number of votes Proportion (%) Number of votes Proportion (%)

"About the Downward Revision of "Mino"

1 1,083,061 20.4636 4,129,258 78.0194 80,284 1.5170

"Proposal on Conversion Price of Convertible Bonds"

(3) Explanation of relevant circumstances regarding voting on motions

1. The first proposal considered at this meeting is a special resolution, and more than two-thirds of the shareholders (shareholders’ agents) who have attended the meeting with valid voting rights agreed to vote and passed it.

2. All resolutions reviewed at this shareholders’ meeting were passed.

3. Lawyer’s testimony

(1) Law firm witnessing this shareholder meeting: Shanghai Guangfa Law Firm

Lawyers: Yao Peiqi, Li Yiqian

(2) Lawyer’s concluding comments:

We believe that the convening and holding procedures of the company's first extraordinary shareholders' meeting in 2026 are in compliance with the provisions of the Company Law, the Rules of Shareholders' Meetings and other laws and regulations, other normative documents and the Articles of Association. The qualifications of the convener of the meeting and those attending the meeting are legal and valid, and the voting procedures and voting results of the meeting are legal and valid.

4. Online announcement documents

(1) "Legal Opinion of Shanghai Guangfa Law Firm on the First Extraordinary Shareholders Meeting of Ningbo Menohua Pharmaceutical Co., Ltd. in 2026".

Announcement is hereby made.

Board of Directors of Ningbo Menohua Pharmaceutical Co., Ltd.

February 3, 2026