Ningbo KBE Electrical Technology Co.,Ltd. approved final cash dividend of CNY 5.00000000 per 10 shares (tax included) for 2022 at the AGM held on May 18, 2023. Record date is 26 May 2023, Ex-date is 29 May 2023, Payment date is 29 May 2023. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable.

Please refer to below details: Tax on cash dividend/10 shares: CNY 0.50000000(10% x CNY 5.00000000). Net cash dividend/10 shares after tax: CNY 4.50000000(CNY 5.00000000- CNY 0.50000000).