2023 Annual Results Presentation 18 March 2024 2023 Annual ResultsHighlights RMB 14,346 m 10.9% Group's revenue RMB 1,030 m 11.8% globally as at 31 December 2023 8,583 branded stores Core Xtep brand's revenue Profit attributable to ordinary equity holders of the Company Professional sports segment's revenue Athleisure segment's revenue (Mainland China) RMB 11,947 m RMB 796 m RMB 465 m HK 8.0 cents1 Full year payout ratio: 50.0% Final dividend per Share RMB 1,794 m 21.6% Group's inventories RMB 1,255 m 119.5 ...

Financial Performance - The group's revenue reached RMB 7,203 million, a 10.4% increase year-over-year[2] - Gross profit margin improved to 46.0%, up by 3.1 percentage points[3] - Profit attributable to ordinary equity holders of the company increased by 13.0% to RMB 752 million[4] - Interim dividend per share is HK15.6 cents, with a payout ratio of 50.0%[7] Brand Performance - Core Xtep brand revenue grew by 6.6% to RMB 5,789 million[9] - Professional sports segment revenue increased significantly by 72.2% to RMB 593 million[9] - Athleisure segment revenue increased by 9.7% to RMB 821 million[9] Balance Sheet Highlights - Net cash and cash equivalents increased by 51.7% to RMB 1,414 million[13] - Bank borrowings decreased by 22.6% to RMB 2,047 million[13] Sustainability - MSCI ESG rating upgraded to "A"[8] - Charity donations reached RMB 28.8 million[60]