OPERATIONAL UPDATE ON BUSINESS IN MAINLAND CHINAFOR THE SECOND QUARTER AND FIRST HALF OF 2024

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.Xtep International Holdings Limited特步国际控股有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1368) OPERATIONAL UPDATE ON BUSINESS IN MAINLAND CHINA FOR THE SECOND QUARTER AND FIRST HALF OF 2024 This announcement is made by the board of directors (the ‘‘Board’’) of Xtep International Holdings Limited (the ‘‘Company’’ together with its subsidiaries the ‘‘Group’’).OPERATIONAL UPDATE — CORE XTEP BRAND For the three months ended 30 June 2024 Retail sell-through growth 10% year-on-year growth (including offline and online channels) Retail discount level Around 25% For the six months ended 30 June 2024 Retail sell-through growth High single digit year-on-year growth (including offline and online channels) Channel inventory turnover Around 4 months The Company’s shareholders and potential investors should note that this announcement is made based on unaudited operational data of the Group and such data have not been audited or reviewed by the Company’s auditor.The Company’s shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.By Order of the Board of Xtep International Holdings Limited Ding Shui Po Chairman Hong Kong 11 July 2024 As at the date of this announcement the executive Directors of the Company are Mr.Ding Shui Po Ms. Ding Mei Qing and Mr. Ding Ming Zhong; the non-executive Director is Mr. Tan Wee Seng and the independent non-executive Directors are Dr.Bao Ming Xiao Dr. Wu Ka Chee Davy and Dr. Chan Yee Wah.