Company: CNTB
Filing Date: 2025-09-10
Form Type: POS AM
Source: 0001193125-25-200186
Chunk: 99

Company: Connect Biopharma Holdings Ltd
Filing Date: 2025-09-10
Form: POS AM
Chunk 99
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) the Ordinary Shares are held by the U.S. Holder for a holding period of more than 60 days during the 121-day period beginning 60 days before the
ex-dividend date and (4) the U.S. Holder satisfies certain other requirements. Ordinary Shares will generally be considered for the purpose of clause (1) above to be readily tradable on an
established securities market in the United States if they are listed on Nasdaq. If we are treated as a “resident enterprise” for PRC tax purposes (see “Material Tax Considerations—People’s Republic of China
Taxation”), we may be eligible for the benefits of the income tax treaty between the United States and the PRC (the “Treaty”). You should consult your tax advisors regarding the availability of the lower capital gains rates
applicable to qualified dividend income for any dividends paid with respect to our Ordinary Shares.

If we are treated as
a “resident enterprise” for PRC tax purposes, distributions you receive with respect to the Ordinary Shares may be subject to PRC withholding taxes (see “Material Tax Considerations—People’s Republic of China
Taxation”). In that case, subject to certain conditions and limitations (including a minimum holding period requirement), PRC withholding taxes on dividends may be treated as foreign taxes eligible for credit against your U.S. federal income
tax liability. U.S. Treasury regulations may restrict the availability of any such foreign tax credit based on the nature of the tax imposed by the foreign jurisdiction, though recent notices from the U.S. Internal Revenue Service indicate that the
U.S. Department of Treasury and the U.S. Internal Revenue Service are considering proposing amendments to such U.S. Treasury regulations and allow, subject to certain conditions, taxpayers to defer the application of many aspects of such U.S.
Treasury regulations until further guidance is issued. Any dividends will constitute foreign-source income for foreign tax credit limitation purposes. If the dividends are taxed as qualified dividend income (as discussed above), the amount of the
dividend taken into account for purposes of calculating the foreign tax credit limitation will in general be limited to the gross amount of the dividend, multiplied by the reduced tax rate applicable to qualified dividend income and divided by the
highest tax rate normally applicable to dividends. The limitation on foreign taxes eligible for credit is calculated separately with respect to specific classes of income. For this purpose, any dividends distributed by us with respect to Ordinary
Shares will generally constitute “passive category income.” If you do

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not elect