MINISO Group Holding Ltd - Forward Sale Contract

On September 17, 2026, Mini Investments SP1 Limited, a wholly owned subsidiary of Mini Investment Limited, entered into a prepaid variable share forward contract with an unaffiliated third-party dealer. This contract obligates Mini Investments to deliver up to 21,600,000 ordinary shares of MINISO Group Holding Limited, or an equivalent cash payment, on up to 80 settlement dates. The exact number of shares is subject to the dealer establishing its hedge position and will not exceed the maximum amount. Mini Investments received a cash prepayment in exchange for this obligation. As credit support, Mini Investments transferred the maximum number of shares to the dealer, who is obligated to pay Mini Investments dividends declared on the shares during the contract term. The shares will be returned upon settlement, subject to netting. The contract's terms, including the number of shares deliverable and the exercise price, are dependent on the market price of the shares on specified valuation dates.