Suzhou Maxwell Technologies Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY15.00000000. Record date: 24 May 2023 Ex-date: 25 May 2023 Payment date: 25 May 2023 Listing date of the bonus issues: 25 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: CNY1.50000000(10% x CNY15.00000000) Net cash dividend/10 shares after tax: CNY13.50000000(CNY15.00000000- CNY1.50000000).