DELAY IN DESPATCH OF CIRCULARIN RELATION TOTHE ANNOUNCEMENTS DATED 9 MAY 2024 AND 23 MAY 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) DELAY IN DESPATCH OF CIRCULAR IN RELATION TO THE ANNOUNCEMENTS DATED 9 MAY 2024 AND 23 MAY 2024 Reference is made to the announcements of Xtep International Holdings Limited (the ‘‘Company’’) dated 9 May 2024 and 23 May 2024 in relation to among others (1) discloseable and connected transaction — disposal of the entire issued share capital of KP Global; (2) proposed declaration of Special Dividend; (3) early redemption of K-Swiss Convertible Bonds by KP Global; (4) issue of convertible bonds in principal amount of HK$500000000 by the Company to Investor under General Mandate; (5) Call Options to K-Swiss CB Investor by Controlling Shareholder; (6) connected transaction — issue of convertible bonds in principal amount of US$154000000 by KP Global to the Company; and (7) connected transaction — waiver in respect of Deed of Non-compete and the announcement in relation to the delay in despatch of circular dated 14 June 2024 (the ‘‘Delay in Despatch Announcement’’).As stated in the Delay in Despatch Announcement a circular containing further details in relation to the aforesaid matters (the ‘‘Circular’’) is expected to be despatched to the Shareholders on or before 15 July 2024. As additional time is required for the Company to prepare and finalise certain information to be incorporated in the Circular it is expected that the date of despatch of the Circular will be postponed to a date falling on or before 2 August 2024.By Order of the Board Xtep International Holdings Limited DING Shui Po Chairman Hong Kong 15 July 2024 – 1 –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.–2–