APPOINTMENT OF COMPANY SECRETARY
The board (the “Board”) of directors (the “Director(s)”) of Beijing North Star Company Limited (the “Company” and together with its subsidiaries, the “Group”) is pleased to announce that at the 38th meeting of the 10th session of the Board held on 15 October 2025, Mr. ZHU Yan (朱岩) (“Mr. ZHU”) was appointed as the secretary to the Board, which corresponds to the role of a joint company secretary of the Company (the “Joint Company Secretary”) in the Hong Kong context, with effect from 15 October 2025.

WAIVER FROM STRICT COMPLIANCE WITH RULES 3.28 AND 8.17 OF THE LISTING RULES
The Company has obtained a waiver from strict compliance with Rules 3.28 and 8.17 of the Listing Rules (the “Waiver”) for a period of three years from the effective date of appointment of Mr. ZHU as a Joint Company Secretary (the “Wavier Period”), on the conditions that:
(a) Mr. ZHU must be assisted by Mr. LEE during the Waiver Period; and
(b) The Waiver could be revoked if there are material breaches of the Listing Rules by the Company.
Before the end of the Waiver Period, the Company is required to demonstrate and seek confirmation from the Stock Exchange that Mr. ZHU, having had the benefit of Mr. LEE’s assistance during the Waiver Period, has attained the relevant experience and is capable of discharging the functions of company secretary under Rule 3.28 of the Listing Rules such that a further waiver will not be necessary. The Stock Exchange may withdraw or change such Waiver if the Company’s situation changes.

AUTHORISED REPRESENTATIVE OF THE COMPANY
Following his appointment above, Mr. ZHU will also be serving as an authorized representative of the Company under Rule 3.05 of the Listing Rules with effect from 15 October 2025.