To Valued Clients,

Thank you very much for your trust and support in our company. To vigorously expand our global market and build a comprehensive worldwide sales and service network for mutuallybeneficial cooperation, we hereby set forth the basic admission criteria for our agents based on our company’s actual conditions:

I. Recruitment Territories

Open to global markets. Strict closedloop territorial protection is implemented to avoid overlapping or conflicting territories.

II. Qualification Requirements for Agent Applicants

1.Hold a valid business license as a corporate legal entity or highquality individual merchant with good credit and no poor business or dishonesty records.

2.Fully recognize the DONEN brand philosophy, pricing system and operational rules, with longterm engagement in the cycling apparel and outdoor cycling industry.

3.Operate established local physical stores and possess capabilities for local distribution, store development and endmarket sales performance.

4.Comply with unified headoffice market regulations; price disruption and crossterritory goods diversion are strictly prohibited.

5.Have operational teams, event promotion capabilities and aftersales maintenance capacity. Proactively cooperate with brand publicity, store upgrading and unified promotional campaigns.

6.Operate in full compliance with laws and integrity. Safeguard DONEN brand reputation. Counterfeitproduct sales, crossterritory dumping and market disruption are forbidden.

III. Core Rights & Benefits for Agents

1.Price & Profit Guarantee: Unified exfactory base prices and strict retailprice control ensure stable profit margins for sustainable returns and prevent pricecutting competition.

2.Priority supply for newrelease products and priority quota allocation for bestselling items.

3.Free systematic training covering sales operations, product expertise and aftersales maintenance.

4.Fullrange support including online brand lead generation, offlineevent planning and holiday promotion schemes.

5.Reliable aftersales support: genuineproduct quality warranty, consumablepart supplies and expedited aftersales handling for qualityrelated issues to mitigate operational risks.

6.Priority for contract renewal: compliant partners meeting performance targets enjoy priority for renewal.

IV. Application & Cooperation Procedures

1.Initial Inquiry: Contact our investmentrelations specialist to confirm target territory and review full policies.

2.Headquarters Review: Preliminary qualification screening → regionalmarket assessment → onsite verification inspection.

3.Negotiation & Contract Signoff: Finalize annual performance targets, territorial authority and policy interpretation, then execute the formal agency contract.

V. Prohibited Violations

Crossterritory goods diversion, onlineoffline price disruption, predatory lowprice dumping, counterfeitproduct sales, unauthorized product modification and leakage of baseprice information are strictly forbidden. Upon confirmation of any violation, agency qualification will be immediately revoked, cooperation terminated, all performance bond forfeited, and corresponding legal liabilities pursued.