Lufax Holding Plans To ADS Ratio From 1-For-2 To 1-For-20 Shares Effective October 23

Lufax Holding Ltd ("Lufax" or the "Company") (NYSE:LU), a leading financial services enabler for small business owners in China, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its ordinary shares (the "ADS Ratio"), par value US$0.00001 per share, from the current ADS Ratio of one (1) ADS to two (2) ordinary shares to a new ADS Ratio of one (1) ADS to twenty (20) ordinary shares. The Company anticipates that the change in the ADS Ratio will be effective on or about October 23, 2026 (the "Effective Date").