YUNJI-NEW (02670): Management members voluntarily extend lock-up undertaking

YUNJI-NEW (02670) announced that recently, Ms. Zhi Tao (Ms. Zhi) and Mr. Li Quanyin (Mr. Li) voluntarily made lock-up undertakings. Ms. Zhi is the chairman, executive director and president of the Company; Mr. Li is 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 directly held by them to October 15, 2027. Pursuant to the above undertakings, during the 12-month period from October 16, 2026 to October 15, 2027 (both days inclusive), 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 total number of issued shares of the Company (including treasury shares) as at the date of this announcement, respectively.