Lufax plans 1-for-10 reverse ADS split via ratio change effective Oct. 23

• Lufax plans to change its ADS-to-ordinary share ratio to 1 ADS for 20 ordinary shares from 1 ADS for 2.
• The move will have the same effect as a one-for-10 reverse ADS split.
• Change is expected to take effect on or about Oct. 23, 2026.
• Underlying ordinary shares remain unchanged; LU ADSs continue trading on the NYSE.
• ADS price is expected to rise proportionally, with no assurance it will match a 10x increase.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lufax Holding Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-414887), on October 06, 2026, and is solely responsible for the information contained therein.