GRANT OF SHARE AWARDS

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.Yidu Tech Inc.医渡科技有限公司 (incorporated in the Cayman Islands with limited liability) (Stock Code: 2158) GRANT OF SHARE AWARDS This announcement is made pursuant to Rules 17.06A 17.06B and 17.06C of the Listing Rules.GRANT OF SHARE AWARDS UNDER SHARE AWARD SCHEME On 27 June 2024 the Company granted a total of 6895600 Award Shares representing approximately 0.65% of the total issued Shares as at the date of this announcement to 130 Award Grantees (including 129 Employee Participants and 1 Service Provider) under the Post-IPO Share Award Scheme by issuing new Shares subject to acceptance of the Award Grantees.The following are the details of the Awards granted: Date of Grant: 27 June 2024 Number of Award 130 (including 129 Employee Participants and 1 Service Grantees: Provider) Number of Awards 6895600 (including 5895600 to 129 Employee Participants granted: and 1000000 to 1 Service Provider) Consideration for the Nil Awards Shares: Market price of the Shares HK$3.89 per Share based on the closing price as quoted on on the date of grant: the Stock Exchange on the date of grant Vesting period: The Awards granted to the Award Grantees shall vest in the Award Grantees as follows:. 5881600 Awards Shares will be vested from April 1 2025 to April 1 2028. 1. 14000 Awards Shares will be vested from April 1 2026 to April 1 2028.. 1000000 Award Shares will be vested from June 28 2025 to April 1 2027. The vesting period for the grant of 1470400 Award Shares to 128 Employee Participants is subject to a vesting period of less than 12 months due to grants that are made in batches during a year for administrative reasons. In this regard the Post-IPO Share Award Scheme specifically permits such a circumstance to have vesting period of less than 12 months.The Company considers that since the vesting period of the remaining Award Shares are not less than 12 months the Award Grant could effectively incentivize the Award Grantees to contribute to the long-term development and growth of the Company. The Remuneration Committee is of the view that the grants of Awards to the Award Grantees with a shorter vesting period for the first tranche aligns with the purpose of the Post-IPO Awards Scheme.Performance targets: The vesting of the Awards is subject to the Award Grantee(s) who are Employee Participants meeting the performance targets to be determined by the Company from time to time.The Company has established an appraisal mechanism to assess the fulfilment of performance targets by its Directors chief executive and employees which are linked to the Company’s strategic goals and values. The appraisal mechanism uses a grading system based on a matrix of qualitative and quantitative indicators that vary according to the roles and responsibilities of the relevant Directors chief executive and employees. The indicators include but are not limited to measures of work quality efficiency collaboration management and strategy. The grading system evaluates the Directors chief executive and employees’ regular duties and the strategic objectives or tasks assigned for the appraisal period. The Company intends to make reference to this appraisal mechanism to set and review the performance targets of the Award Grantees periodically. 2Clawback mechanism: The grants of Awards are subject to clawback mechanism for the Company to recover in the event that the Award Grantee’s employment or engagement with the Company terminates for cause. If the Award Grantee’s employee or engagement with the Company terminates for cause any portion of the Awards granted that is outstanding on such termination date shall terminate immediately and be of no further force and effect.The Award Grantees do not fall under any of the following categories: (a) a Director chief executive or substantial shareholder of the Company or an associate of any of them; (b) a participant with options and awards granted and to be granted exceeding the 1% individual limit under Rule 17.03D of the Listing Rules; or (c) a related entity participant or service provider with options and awards granted and to be granted in any 12-month period exceeding 0.1% of the issued Shares.There are no arrangements for the Company or any of its subsidiaries to provide financial assistance to any of the Award Grantees to facilitate the purchase of Shares under the Post-IPO Share Award Scheme.None of the Awards will be subject to approval by the Shareholders.Reason for and Benefits of the Awards The purpose of the Post-IPO Share Award Scheme is to provide selected participants (including the Employee Participants and Service Provider) with the opportunity to acquire proprietary interests in the Company and to encourage the selected participants to work towards enhancing the value of the Company and its Shares for the benefit of the Company and Shareholders as a whole. The Post-IPO Share Award Scheme will provide the Company with a flexible means of retaining incentivizing rewarding remunerating compensating and/or providing benefits to eligible persons. The Board is of the view that these grants will ensure the Company’s long-term interest is aligned and the Award Grantees will be motivated to contribute towards the Company’s development.Number of shares available for future grant of awards under the Post-IPO Share Award Scheme After the above grant of Awards a total of 91716508 Shares will be available for future grant of awards under the scheme mandate limit of the Post-IPO Share Award Scheme and a total of 9528581 Shares will be available for future grant of awards under the service provider sublimit of the Post-IPO Share Award Scheme. 3DEFINITIONS ‘‘Award’’ award of Shares granted pursuant to the Post-IPO Share Award Scheme to selected participant(s) ‘‘Award Grantee(s)’’ participants selected and entitled to be offered and granted Awards ‘‘Award Share(s)’’ the Shares granted to a selected participant in an Award ‘‘Board’’ the board of Directors ‘‘Company’’ Yidu Tech Inc. (医渡科技有限公司) a company with limited liability incorporated in the Cayman Islands on 9 December 2014 the Shares of which are listed on the Main Board of The Stock Exchange of Hong Kong Limited (Stock Code: 2158) ‘‘Director(s)’’ the director(s) of the Company ‘‘Employee the Director(s) and Employee(s) of the Company or any of its Participants’’ subsidiaries and any person(s) who is/are granted Shares or Awards under the scheme as an inducement to enter into employment contracts with the Company or its subsidiaries ‘‘Grantee(s)’’ the Award Grantees ‘‘HK$’’ Hong Kong dollars the lawful currency of Hong Kong ‘‘Hong Kong’’ Hong Kong Special Administrative Region of the People’s Republic of China ‘‘Listing Rules’’ the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ‘‘Remuneration the remuneration committee of the Company Committee’’ 4‘‘Service any person (natural person or corporate entity) who provides services Provider(s)’’ to the Company or any of its subsidiaries on a continuing or recurring basis in its ordinary and usual course of business the grant of Awards to whom is in the interests of the long-term growth of the Group as determined by the Board or its delegate(s) in their sole discretion including any officer consultant advisor distributor contractor supplier agent business partner joint venture business partner or service provider of any member of the Group for its research and development big data gathering artificial intelligence and other technologies innovation product and services offering marketing strategic planning on corporate image investor relations regulatory affairs human resources and administration management (excluding any placing agents or financial advisers providing advisory services for fundraising mergers or acquisition and service providers such as auditors or valuers who provide assurance or are required to perform their services with impartiality and objectivity) ‘‘Share(s)’’ ordinary share(s) in the share capital of the Company ‘‘Shareholder(s)’’ holder(s) of the Shares in the Company ‘‘Stock Exchange’’ The Stock Exchange of Hong Kong Limited By order of the Board Yidu Tech Inc.Gong Yingying Executive Director and Chairlady Hong Kong 27 June 2024 As at the date of this announcement the executive Directors are Ms. Gong Yingying Mr. Xu Jiming Dr. Yan Jun and Ms.Feng Xiaoying; the non-executive Director is Mr. Zeng Ming; and the independent non-executive Directors are Dr. Ma Wei-Ying Ms. Pan Rongrong and Prof. Zhang Linqi. 5