Beijing SuperMap Software Co., Ltd. announced a private placement to issue not more than 25,000,000 A shares at an issue price of not less than 80% of the average price in the 20 trading days before the pricing reference date for the gross proceeds of CNY 300,000,000 on April 25, 2023. The transaction will include participation from nor more than 35 investors. The transaction has been approved in the 2022 Annual General Shareholders Meeting, and authorized the Company?s Directorate to implement a simplified private placement of shares.

The shares cannot be transferred within 6 months from the issuance closing date.