Final Dividend for the year ended 31 December 2023 (updated)

EF001 Disclaimer 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 arisen from or in reliance upon the whole or any part of the contents of this announcement.Cash Dividend Announcement for Equity Issuer Issuer name Li Ning Company Limited Stock code 02331 Multi-counter stock code and currency 82331 RMB Other related stock code(s) and Not applicable name(s) Title of announcement Final Dividend for the year ended 31 December 2023 (updated) Announcement date 13 June 2024 Status Update to previous announcement Reason for the update / change Update on default currency and amount in which the dividend will be paid and exchange rate Information relating to the dividend Dividend type Final Dividend nature Ordinary For the financial year end 31 December 2023 Reporting period end for the dividend declared 31 December 2023 Dividend declared RMB 0.1854 per share Date of shareholders' approval 13 June 2024 Information relating to Hong Kong share register Default currency and amount in which the dividend will be paid HKD 0.2036 per share Exchange rate RMB 1 : HKD 1.0979 Ex-dividend date 17 June 2024 Latest time to lodge transfer documents for registration with share registrar for 18 June 2024 16:30 determining entitlement to the dividend Book close period From 19 June 2024 to 20 June 2024 Record date 20 June 2024 Payment date 28 June 2024 Computershare Hong Kong Investor Services Limited Shops 1712-1716 17th Floor Hopewell Centre Share registrar and its address 183 Queen's Road East Wanchai Hong Kong Page 1 of 2 v 1.1.1EF001 Information relating to withholding tax Details of withholding tax applied to the Not applicable dividend declared Information relating to listed warrants / convertible securities issued by the issuer Details of listed warrants / convertible securities issued by the issuer Not applicable Other information Other information Not applicable Directors of the issuer As at the date of this announcement the executive directors of the Company are Mr. Li Ning Mr. Kosaka Takeshi and Mr. Li Qilin. The independent non-executive directors of the Company are Mr. Koo Fook Sun Louis Ms. Wang Ya Fei Dr. Chan Chung Bun Bunny and Ms. Wang Yajuan.Page 2 of 2 v 1.1.1