On 29 September 2023 (after trading hours), BetterLife Holding Limited entered into property lease agreements with each of Beijing Zhoushi, Chengdu Riyue and Oule Hangzhou, respectively, to continue to lease the properties under the Existing Leases and to expand certain new lease area on the terms of the Property Lease Agreements. As the Group intends to carry on the continuing connected transactions under the Existing Agreements after 31 December 2023 due to business requirement and operational needs, on 29 September 2023 (after trading hours), BetterLife International (for itself and on behalf of its subsidiaries) entered into (i) the 2024 Framework Property Management Service Agreement, (ii) the 2024 Framework IT Support Service Agreement, (iii) the 2024 Framework Sale and Leaseback Agreement, (iv) the 2024 Framework Vehicle Sale and Purchase Agreement, (v) the 2024 Cooperation Agreement and (vi) the 2024 Framework Vehicle Repair and Maintenance Agreement, for a term of three years ending 31 December 2026, to renew the Existing Agreements. The principal terms of each of the aforesaid agreements are substantially the same as the relevant Existing Agreements.

On 29 September 2023 (after trading hours), BetterLife International (for itself and on behalf of its subsidiaries) and eCapital entered into the Framework Second-hand Vehicle Sale and Purchase Agreement, pursuant to which eCapital (or its subsidiaries) shall sell the second-hand vehicles registered under its name to BetterLife International and/or its subsidiaries, for a term of three years ending 31 December 2026.