Quhuo Limited to Hold Extraordinary General Meeting on October 8, 2025

The proposals to be submitted for shareholders' approval at the EGM include the following:

1. by way of an ordinary resolution, to increase the Company's authorized share capital FROM US$500,000 divided into 5,000,000,000 shares comprising of (i) 4,993,703,370 Class A ordinary shares of a par value of US$0.0001 each ("Class A Ordinary Shares") and (ii) 6,296,630 Class B ordinary shares of a par value of US$0.0001 each ("Class B Ordinary Shares"), TO US$10,000,000 divided into 100,000,000,000 shares comprising of (i) 80,000,000,000 Class A Ordinary Shares, (ii) 6,296,630 Class B Ordinary Shares, and (iii) 19,993,703,370 shares of a par value of US$0.0001 each of such class or classes (however designated) ("Un-designated Shares"), by the creation of an additional 75,006,296,630 Class A Ordinary Shares and 19,993,703,370 Un-designated Shares (the "Increase of Authorized Share Capital");
   
   
2. by way of a special resolution, to amend the authorised share capital of the Company by the creation of a new class of shares, namely Class C ordinary shares, par value of US$0.0001 each ("Class C Ordinary Shares"), by the redesignation of  500,000,000 authorised but unissued Un-designated Shares as Class C Ordinary Shares on a one-for-one basis, each carrying voting power equivalent to 480 Class A Ordinary Shares (the "Re-designation of Shares"), such that, immediately following the Re-designation of Shares, the authorised share capital of the Company shall be US$10,000,000 divided into 100,000,000,000 shares comprising (i) 80,000,000,000 Class A Ordinary Shares; (ii) 6,296,630 Class B Ordinary Shares; (iii) 500,000,000 Class C Ordinary Shares, and (iv) 19,493,703,370 Un-designated Shares;
   
   
3. by way of a special resolution, subject to shareholders' approval of the Increase of Authorized Share Capital and the Re-designation of Shares, to amend and restate the Company's Third Amended and Restated Memorandum and Articles of Association (the "Articles") by the deletion in their entirety and to approve and adopt the substitution in their place of the Fourth Amended and Restated Memorandum and Articles of Association, with immediate effect in substitution for and to the exclusion of the Articles currently in effect, which, among others, incorporates the Increase of Authorized Share Capital and the Re-designation of Shares; and
   
   
4. by way of a special resolution, to issue to LESYU Investments Limited, a British Virgin Islands company wholly-owned by Mr. Leslie Yu, the Chairman and Chief Executive Officer of the Company, 100,000,000 Class C Ordinary Shares at par value each, for an aggregate consideration of US$10,000.

The Board has fixed September 5, 2025 as the record date (the "Record Date") for determining the shareholders entitled to receive notice of, attend and vote at the EGM or any adjournment or postponement thereof. Holders of record of the Company's Class A and Class B Ordinary Shares at the close of business on the Record Date are entitled to attend and vote at the EGM and any adjournment or postponement thereof in person. The notice of the EGM and the form of proxy are expected to be first mailed to the Company's shareholders on or about September 11, 2025.