UCOMMUNE(UKOMW) - 2023 Q3 - Quarterly Report

Exhibit 99.1 Holders of Class B ordinary shares approved such variation of rights of Class B ordinary shares on October 10, 2023 pursuant to the Current M&A. As a result, with immediate effect, each Class A ordinary shares, par value of US$0.024 each, of the Company shall be entitled to one (1) vote on all matters subject to vote at general and special meetings of the Company and each Class B Ordinary Share shall be entitled to fifty-five (55) votes on all matters subject to vote at general and special meet ...