Xiabuxiabu Catering Management (China) Holdings Co., Ltd. announced that the Group plans to pay the 2023 Interim Dividend of RMB 0.028 per Share, amounting to a total of approximately RMB 30.4 million. The planned dividend payout ratio will be subject to the full year financial performance and business plan of the Company and market outlook early next year, therefore a final dividend for the full year of 2023 may or may not be paid. The 2023 Interim Dividend is declared in Renminbi and will be paid in Hong Kong dollars, the exchange rate of which will be calculated based on the rate of exchange as quoted to the Company by The Hong Kong and Shanghai Banking Corporation Limited at its middle rate of exchange prevailing on 11 October 2023.

The 2023 Interim Dividend will be paid on or about 20 October 2023 to those Shareholders whose names appear on the register of members of the Company on 11 October 2023.