Webull Hong Kong Stock IPO Subscription Instructions

1. IPO subscription fee introduction: Cash subscription handling fee: HKD 0* per transaction; Margin subscription handling fee: HKD 95 per transaction; Margin subscription interest rate: 0*. For margin IPO subscriptions, the handling fee is payable regardless of whether shares are successfully allotted. For more details on fees, please refer to the fee schedule.

2. Webull's deadline for cash subscriptions is 10:00 AM on the IPO subscription closing date; the deadline for financing subscription applications is 10:00 AM on the trading day before the IPO subscription closing date.

3. You can submit, modify, or cancel your subscription instructions before the deadline. After the deadline, Webull does not accept any new, modified, or canceled subscription instructions.

4. Subscription funds will be frozen immediately after you initiate the subscription instruction and will be deducted on the subscription closing date, along with handling fees. You can check the "Fund Details" or "Push Notifications" for more information.

5. There is a risk of IPO cancellation or postponement. In the event of cancellation or postponement, the IPO subscription fee and financing interest will be fully charged and are non-refundable, while the remaining funds will be returned to your account according to the instructions of the exchange.

6. Please be aware that when you submit your application instructions, it represents your declaration and warranty to Webull that all statements, warranties, acknowledgments, and commitments included in the application information are true and accurate. You guarantee and commit that the application you have submitted is the sole application for the same securities issue and that you have not made any other applications (including public and international offerings) for that issue. For details, please refer to the issuer's prospectus and Webull's "Client Agreement" - Schedule G Additional Terms for New Listing Securities.

*The above commission-free period and fee structure may be adjusted at any time in accordance with company policy. Webull reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice. Webull Securities reserves the final right of interpretation and discretion.