Core Viewpoint - The legal opinion provided by Beijing Deheng Law Firm confirms the legality and validity of the procedures, participants, and voting results of the 2025 first extraordinary general meeting of shareholders of BAIC Blue Valley New Energy Technology Co., Ltd. [1][10] Group 1: Meeting Procedures - The meeting was convened by the board of directors and the notice was published 15 days prior to the meeting date, complying with legal requirements [4][5] - The meeting adopted a combination of on-site voting and online voting, with specific time slots for online voting [5] - The meeting did not involve any voting on matters not listed in the notice [5][10] Group 2: Attendance and Qualifications - A total of 3,235 participants attended the meeting, representing 2,595,948,192 shares, which is 46.5765% of the total voting shares [6][8] - The qualifications of the attendees and the convenor of the meeting were verified and deemed valid [8] Group 3: Proposals and Voting Procedures - No temporary proposals were raised by shareholders during the meeting [8] - The voting process was conducted in accordance with the company's articles of association, and the results were announced by the meeting host [9][10] Group 4: Voting Results - The voting results showed that the proposals received overwhelming support, with the first proposal receiving 99.6836% approval from the voting shares present [9][10] - The results were consistent with the voting rights of minority investors, who also showed significant support for the proposals [9]

Meeting Information - The third extraordinary general meeting of shareholders will be held on April 15, 2025, at 14:00 in the company's conference room located at 569 Bohai 21st Road, Binzhou, Shandong Province [1][4] - The voting period for online voting is from April 15, 2025, 9:15 to 15:00, with specific time slots for trading system voting [1][2] Voting Procedures - Shareholders can vote through the Shanghai Stock Exchange's online voting system, either via the trading system or the internet voting platform [2][3] - Shareholders holding multiple accounts can exercise voting rights across all accounts, but repeated voting will be counted only once based on the first vote [3][4] Agenda Items - The meeting will review several proposals, including a bankruptcy application for the subsidiary Bohai International and BTAH, a loan and asset pledge to the controlling shareholder, and the purchase of directors and officers liability insurance [6] Attendance Requirements - Shareholders must register to attend the meeting, with specific documentation required for both corporate and individual shareholders [4] - Registration will take place on April 9, 2025, from 9:00 to 11:30 and 13:30 to 16:30 [4] Contact Information - The contact department for the meeting is the Board Office of Bohai Automotive Systems Co., Ltd., with provided contact details for inquiries [4]