GOODBABY INTL (01086) receives privatization proposal from chairman at a premium of approximately 38.89%.

GOODBABY INTL (01086) and the offeror Crystal Aurora International Ltd. jointly announce that on 27 September 2026, the offeror requested the board of directors to present a proposal to the scheme shareholders which, if approved and implemented, would result in the privatization of the company and the withdrawal of the listing of the shares on the Stock Exchange. The proposal will be implemented by way of a scheme. Pursuant to the proposal, the scheme shares will be cancelled and extinguished, and in consideration therefor, each scheme shareholder will be entitled to receive a cash cancellation price of HK$1.50 per scheme share cancelled and extinguished, and a share option offer will be made. The scheme share cancellation price represents a premium of approximately 38.89% over the closing price of HK$1.08 per share as quoted on the Stock Exchange on the last trading day. Pursuant to the proposal and the share option offer, the maximum cash consideration payable by the offeror will be approximately HK$1,322 million (assuming all offer option holders exercise their outstanding share options to become scheme shareholders before the record date). As at the date of the announcement, the offeror is wholly owned by Mr. Song Zhenghuan. Mr. Song Zhenghuan is the chairman and executive director of the company, responsible for the effective operation of the board of directors and the leadership of the group's business strategy. He also served as the chief executive officer of the company from 24 November 2010 to 15 January 2016. Mr. Song Zhenghuan is the founder of the group and has over 30 years of experience in the children's products industry.