Onewo Inc. at its Annual General Meeting held on, May 10, 2024 announced that the 2023 Final Dividend of RMB 0.777 per Share (tax inclusive) for the year ended December 31, 2023 has been approved by the Shareholders at the AGM. The actual amount of the 2023 Final Dividend to be paid to the H Shareholders in Hong Kong dollars is calculated based on the arithmetic average of the central parity rate of Hong Kong dollars against RMB on the interbank foreign exchange market as announced by the China Foreign Exchange Trade System authorized by the People's Bank of China for the five working days prior to the convening of the AGM on May 10, 2024 (including the date of the AGM). The applicable exchange rate in respect of the payment of the 2023 Final Dividend is accordingly determined as HKD 1 to RMB 0.90845.

Therefore, the 2023 Final Dividend of HKD 0.8553 per H Share (tax inclusive) of the Company is expected to be paid in cash on or around June 3, 2024 to Shareholders whose names appear on the register of members of the Company on May 21, 2024. The Company will comply with the tax withholding obligations under the relevant PRC tax laws and regulations.