NEW BEAUTY INTERNATIONAL LIMITED (THE “COMPANY”) WILL HOLD AN EXTRAORDINARY GENERAL MEETING IN LUXEMBOURG ON 6 JUNE 2024 TO DISCUSS AND VOTE ON A NUMBER OF RESOLUTIONS. This includes authorizing the Board of Directors to issue shares, warrants, restricted stock units and other securities over the next five years, and amending the company's articles of association to issue shareholder notices and documents electronically and to allow shareholders to participate in general meetings via video conference. In addition, the Company will suspend the registration of shares in order to determine the list of shareholders who will attend the general meeting and vote. Xiu Lai will also collect and process shareholders' personal data in compliance with legal requirements.

NEW BEAUTY INTERNATIONAL LIMITED (THE “COMPANY”) WILL HOLD AN EXTRAORDINARY GENERAL MEETING IN LUXEMBOURG ON 6 JUNE 2024 TO DISCUSS AND VOTE ON A NUMBER OF RESOLUTIONS. This includes authorizing the Board of Directors to issue shares, warrants, restricted stock units and other securities over the next five years, and amending the company's articles of association to issue shareholder notices and documents electronically and to allow shareholders to participate in general meetings via video conference. In addition, the Company will suspend the registration of shares in order to determine the list of shareholders who will attend the general meeting and vote. Xiu Lai will also collect and process shareholders' personal data in compliance with legal requirements.