Seres Group board approves H-share offering and Hong Kong listing

The board of directors of Seres Group (referred to as “the Company”) held its 26th meeting of the fifth board on October 14, 2025. All 12 directors were present, and the meeting was conducted in compliance with relevant laws and regulations, including the Company Law of the People's Republic of China. The resolutions passed are deemed legitimate and effective.

During the meeting, the board unanimously approved the "Proposal on Determining the Company's H-Share Global Offering (including Hong Kong Public Offering and International Offering) and Related Matters for Listing on the Hong Kong Stock Exchange." This decision includes several key arrangements: approving the arrangements for the H-share global offering, authorizing the publication and signing of the prospectus and other related documents, approving the handling of H-share issuance procedures, and empowering relevant personnel to manage specific tasks related to the listing.

The voting results for this significant resolution were 12 votes in favor, 0 votes against, and 0 abstentions. The Company's Board Strategy and Decision-Making Committee had previously reviewed and approved this proposal, underscoring its strategic importance.