FORM 2 - Corporate Substantial Shareholder Notice
 
Form Serial Number: CS20260630E00296 
1. Date of relevant event: 25/06/2026
(dd/mm/yyyy)
2. Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later): 25/06/2026
(dd/mm/yyyy)
3. Stock code: 02643
4. Name of listed corporation: 曹操出行有限公司 
5. Class of shares: Ordinary Shares 
6. Number of issued shares in class: 585,174,669
7. Name of substantial shareholder: Ugo Investment Limited 
8. Registered office: Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
9. Principal place of business in Hong Kong: N/A 
15. Exchange on which listed:
16. Name of listed parent and exchange on which parent is listed:  
17. Details of relevant event:
  Brief description of relevant event Capacity in which shares were/are held Number of shares bought/sold or involved Currency of transaction On Exchange Off Exchange
Before relevant event After relevant event Highest price (per share) Average price (per share) Average consideration (per share) Nature of consideration
Long position
1213The percentage level of your interest in the shares has reduced because:
any other event (you must briefly describe the relevant event in the Supplementary Information box)
2501Other (you must describe the capacity in the Supplementary Information box)
2501Other (you must describe the capacity in the Supplementary Information box)
 21,403,500
Short position 
 
 
 		            
18. Total shares immediately before the relevant event:
 Total number of sharesPercentage figure (%)
Long position438,309,80074.90
19. Total shares immediately after the relevant event:
 Total number of sharesPercentage figure (%)
Long position416,906,30071.24
20. Capacity in which interests disclosed in Box 19 are held:
Capacity codeNumber of shares
2101Beneficial owner
Long position414,658,500
2201Interest of corporation controlled by you
Long position2,247,800

21. Further information in respect of derivative interests:
Derivatives codeNumber of shares
  
22. Further information in relation to interests of corporations controlled by substantial shareholder:
Name of controlled corporationAddress and place of incorporationName of controlling person% controlDirect interest (Y/N)Number of shares
CaoCao Inc.P.O. Box 31119, Grand Pavilion Hibiscus Way, 802 West Bay Road Grand Cayman, KY1-1205 Cayman IslandsUgo Investment Limited71.24Y
Long position2,247,800

23. Further information in relation to interests held by substantial shareholder jointly with another person:
Name of joint shareholderAddressNumber of shares
 
24. Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust:
Names of trustAddressStatus codeNumber of shares
  
25. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):
Names of other partiesAddressNumber of shares
 
Total number of shares in which a substantial shareholder is interested under sections 317 and 318
26. Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act:
NamesAddressRelationship CodePercentage (%)
  
 
27. Supplementary information: 第17行，第18行，第19行，第20行：Oceanpine Marvel（"Oceanpine"）与Ugo Investment Limited（"UIL"）于2025年1月签署了《表决权委托协议》，据此Oceanpine不可撤销地委托UIL行使其持有的21,403,500股股份所附带的表决权。详情请参阅曹操出行的招股说明书。该表决权委托于2026年6月25日到期，导致UIL控制行使的表决权比例下降。第18行，第19行，第20行，第22行：由于发行人于2026年5月15日起陆续开展股份回购，所回购股份由发行人作为库存股持有，导致UIL间接通过控制发行人而持有该等库存股份权益，因此发生UIL持有发行人的权益比例变动。第18行，第19行，第22行，由于发行人上市前期权激励计划下被激励对象行权产生的发行人股本变动，导致UIL持有发行人的持股比例被摊薄。
28. Log/Serial Number of the previous form:
29. Number of concert party document(s) under section 317 attached/uploaded:
Date of filing this Form 2: 30/06/2026
(dd/mm/yyyy)