EZGO Technologies Ltd.

EZGO was incorporated in BVI on January 24, 2019. EZGO’s wholly-owned subsidiary, EZGO HK, was incorporated in Hong Kong on February 13, 2019. EZGO HK holds all of the capital stock of Changzhou EZGO, which was incorporated in China on June 12, 2019, and Changzhou Langyi, which was incorporated in China on August 6, 2021. EZGO is a holding company with no material operations of its own, and substantially all of its operations and assets are located in China. EZGO conducts its business in China through its subsidiaries. Beginning in November 2019, EZGO conducted a portion of its business in China through VIE and the VIE’s subsidiaries. During this period, Changzhou EZGO controlled the VIE through a series of contractual arrangements and EZGO was considered the primary beneficiary of the VIE for accounting purposes. As a result, EZGO consolidated the financial results of the VIE and its subsidiaries under U.S. GAAP, even though neither EZGO nor its shareholders held any equity ownership in the VIE. Through the VIE structure, EZGO engaged in the design, manufacture, rental and sale of e-bicycles and e-tricycles, and in the sale, franchising and operation of smart charging piles for e-bicycles and other electronic devices. On September 25, 2025, EZGO terminated the VIE Agreements due to declined sales of e-bicycles. Following the termination of the VIE Agreements, EZGO no longer conducts any business through a VIE structure, and its operations are carried out solely through its wholly-owned or controlled PRC subsidiaries.