Document:

EX-4.4

 Exhibit 4.4 

FIFTH AMENDED AND RESTATED SHAREHOLDERS AGREEMENT 

BY AND AMONG 
 Oriental Standard
Human Resources Holdings Limited 
 OS Subsidiaries as Listed in Schedule I 

Controlled Affiliates as Listed in Schedule II 

Wu Lei 
 Talent Boom Group Limited

 Ji Xiang Hu Tong Holding Limited 

Pan Lianya 
 FireDragon Holdings
Inc. 
 Nuzad Limited 
 DCM IV,
L.P., DCM Affiliates Fund IV, L.P. 
 Buhuovc Limited Partnership 

RS Tuyu Enterprise Management Consulting Limited 

Hong Kong Red Star Macalline Universal Home Furnishings Limited 

Honeysuckle Creek Limited 
 AND

 HUA YUAN INTERNATIONAL LIMITED 
  

 
 Dated February 28, 2021 

 FIFTH AMENDED AND RESTATED SHAREHOLDERS AGREEMENT 

This FIFTH AMENDED AND RESTATED SHAREHOLDERS AGREEMENT (this “Agreement”), dated February 28, 2021, is made and entered into
by and among: 
  

	1.	 Oriental Standard Human Resources Holdings Limited, an exempted company with limited liability organized and
existing under the laws of the Cayman Islands (the “Company”); 

  

	2.	 Each of the OS Subsidiaries as listed in the Schedule I of this Agreement; 

 

	3.	 Each of the Controlled Affiliates as listed in the Schedule II of this Agreement (the Company, each of
the OS Subsidiaries, each of the Controlled Affiliates, together with any other Subsidiary of the Company, shall be hereinafter collectively referred to as the “Group Companies”, and each as a “Group Company”);

  

	4.	 Wu Lei, a Hong Kong citizen with passport
number                (“Mr. Wu”); 

  

	5.	 Talent Boom Group Limited, a company with limited liability organized and existing under the law of the British
Virgin Islands (“Talent Boom”); 

  

	6.	 Ji Xiang Hu Tong Holding Limited, a company with limited liability organized and existing under the law of the
British Virgin Islands (“Ji Xiang Hu Tong”); 

  

	7.	 Pan Lianya, a U.S. citizen with passport
number                 (“Mr. Pan” and collectively with Mr. Wu, Talent Boom, Ji Xiang Hu Tong and FireDragon, the
“Founders” and individually, a “Founder”); 

  

	8.	 FireDragon Holdings Inc., a company with limited liability organized and existing under the law of the British
Virgin Islands (“FireDragon”); 

  

	9.	 Nuzad Limited, a company with limited liability organized and existing under the law of the British Virgin
Islands; 

  

	10.	 DCM IV, L.P. and DCM Affiliates Fund IV, L.P., each a partnership duly formed and validity existing under the
laws of the Cayman Islands (collectively, “DCM”); 

  

	11.	 Buhuovc Limited Partnership, a limited partnership incorporated and validly existing under the laws of the
Cayman Islands (“Buhuovc”); 

  

	12.	 RS Tuyu Enterprise Management Consulting Limited, a private company incorporated and existing under the laws of
Hong Kong (“Tuyu”); 

  

	13.	 Hong Kong Red Star Macalline Universal Home Furnishings Limited (香港红星美凯龙全球家居有限公司), a company incorporated under the Laws of the Hong Kong (“Red
Star”); 

  
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	14.	 Honeysuckle Creek Limited, a company with limited liability incorporated and validity existing under the laws
of British Virgin Islands (“JD”); and 

  

	15.	 HUA YUAN INTERNATIONAL LIMITED, a company incorporated and validity existing under the laws of Hong Kong
(“Oriza”). 

 WHEREAS, pursuant to the terms and conditions of the SERIES E PREFERRED SHARES
SUBSCRIPTION AGREEMENT (the “Share Subscription Agreement”), as of the date hereof, by and among the Group Companies, Mr. Wu, Talent Boom, JD and other relevant parties, the Company shall issue certain number of Series E Shares
to JD and certain other parties. 
 WHEREAS, FireDragon and Nuzad entered into an instrument of transfer dated as of
November 19, 2020, pursuant to which Nuzad shall purchase certain Ordinary Shares from FireDragon. 
 WHEREAS, the Company, DT
Ventures China Fund II, L.P. and/or DT eCommerce Investment Limited and certain other parties entered into certain shares transfer agreements (collectively, the “Shares Transfer Agreements”) pursuant to which, each of JD, Oriza,
Tuyu and Buhuovc shall purchase certain Series A Shares, Series B Shares and Series C Shares from DT Ventures China Fund II, L.P. and/or DT eCommerce Investment Limited. 

WHEREAS, all parties hereto believe that it is in the best interests of the Group Companies and the Shareholders that provision be made
for the continuity and stability of the business and policies of the Group Companies, and, accordingly, desire to make certain arrangements among themselves with respect to the election of directors of the Company and with respect to certain other
matters. 
 WHEREAS, the Group Companies, Mr. Wu, Talent Boom, DCM, Red Star and certain other parties are parties to the
Shareholders’ Agreement dated November 24, 2020 (the “Prior Agreement”). The Parties intend to enter into this Agreement to terminate, supersede and replace in its entirety the Prior Agreement. 

NOW, THEREFORE, in consideration of the premises and of the mutual covenants and obligations hereinafter set forth, the parties hereto
hereby agree as follows: 

  
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 SECTION 1 

DEFINITIONS 

“Acceptance Notice” shall have the meaning ascribed to it in Section 4.2 of this Agreement. 

“Acceptance Period for Equity Equivalent” shall have the meaning ascribed to it in Section 3.1 of this Agreement. 

“Controlled Affiliate” or “Controlled Affiliates” shall mean the entities set forth in Schedule II of this
Agreement. 
 “Affiliate” means, with respect to a Person, any other Person that, directly or indirectly, Controls, is
Controlled by or is under common Control with such Person. In the case of any individual, his spouse, child, sibling, parent, the relatives of such spouse, trustee of any trust in which such individual or any of his immediate family members is a
beneficiary or a discretionary object, or any entity or company Controlled by any of the aforesaid Persons. The terms “Affiliates” and “Affiliated” have meanings correlative to the foregoing. 

“Agreement” shall have the meaning ascribed to it in the Preamble of this Agreement. 

“Applicable Principles” shall mean the International Accounting Standards. 

“Articles of Association” shall mean the Sixth Amended and Restated Memorandum and Articles of Association of the Company as
in effect on February 28, 2021 and as amended and restated thereafter. 
 “Board” shall mean the board of directors of the
Company, as constituted from time to time. 
 “Board of Arbitration” shall have the meaning ascribed to it in
Section 12.2 of this Agreement. 
 “Bona Fide Purchaser” shall mean any Person who or which has delivered a good faith
written offer to purchase all or any portion of a Shareholder’s Shares, including without limitation, the beneficial ownership of any Shareholder’s Shares through the transfer of any of the underlying equity ownership of such Shareholder.

 “Buhuovc” shall have the meaning ascribed to it in the Preamble of this Agreement. 

“Business Day” shall mean any day other than a Saturday, Sunday or other day on which commercial banks in Cayman Islands,
Hong Kong or PRC are authorized or required by law or governmental order to close. 

  
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 “Closing Date” shall have the meaning as defined in the Share Subscription
Agreement. 
 “Code” shall mean the Internal Revenue Code, as amended. 

“Company” shall have the meaning ascribed to it in the Preamble of this Agreement. 

“Company’s Notice of Intention to Sell” shall have the meaning ascribed to it in Section 3.1 of this Agreement.

 “Company’s Second Notice of Intention to Sell” shall have the meaning ascribed to it in Section 3.2 of this
Agreement. 
 “Control” of a given Person means the power or authority, whether exercised or not, to direct the business,
management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise, which power or authority shall conclusively be presumed to exist upon possession of beneficial ownership or
power to direct the vote of more than fifty percent (50%) of the votes entitled to be cast at a meeting of the members or shareholders of such Person or power to control the composition of a majority of the board of directors of such Person; the
terms “Controlling” and “Controlled” have meanings correlative to the foregoing. 
 “Controlled Foreign
Corporation” or “CFC” shall have the meaning as set forth in the Internal Revenue Code. 
 “Co-Sale Share(s)” shall have the meaning ascribed to it in Section 4.3 of this Agreement. 

“Co-Sale Shareholder(s)” shall have the meaning ascribed to it in Section 4.3 of
this Agreement. 
 “Deemed Liquidation Event” shall mean (a) the consummation of the merger or consolidation of the
Company with or into another entity (except a merger or consolidation in which the holders of share capital of this Company immediately prior to such merger or consolidation continue to hold at least 50% of the voting power of the share capital of
the Company or the surviving or acquiring entity); or (b) the closing of the transfer (whether by merger, consolidation, share transfer or otherwise), in one transaction or a series of related transactions, to a person or group of affiliated
persons (other than an underwriter of this corporation’s securities), of the Company’s securities if, after such closing, such person or group of affiliated persons would hold 50% or more of the outstanding voting shares of the Company (or
the surviving or acquiring entity); or (c) a sale, transfer, exclusive license or other disposition of all or substantially all of the assets of the Company. 

  
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 “Dispose” or “Disposition” (and any derivatives thereof)
shall mean (i) a voluntary or involuntary sale, assignment, mortgage, grant, pledge, hypothecation, exchange, transfer, conveyance or other disposition of a Shareholder’s Shares, and (ii) any agreement, contract or commitment to do any of
the foregoing. 
 “Disposing Shareholder(s)” shall have the meaning ascribed to it in Section 4.1 of this Agreement.

 “Disposition Notice” shall have the meaning ascribed to it in Section 4.1 of this Agreement. 

“DCM” shall have the meaning ascribed to it in the Preamble of this Agreement. 

“Electing Eligible Shareholder(s)” shall have the meaning ascribed to it in Section 3.1 of this Agreement. 

“Electing Offeree” shall have the meaning ascribed to it in Section 4.2 of this Agreement. 

“Eligible Co-Sale Shareholder(s)” shall have the meaning ascribed to it in
Section 4.3 of this Agreement. 
 “Eligible Shareholder” shall have the meaning ascribed to it in Section 2.1 of
this Agreement. 
 “Encumbrance” or “Encumber” shall mean (a) any mortgage, charge, pledge, lien,
hypothecation, deed of trust, title retention, security interest, or other third-party rights of any kind securing or conferring any priority of payment in respect of any obligation of any Person; (b) any easement or covenant granting a right
of use or occupancy to any Person; (c) any proxy, power of attorney, voting trust agreement, interest, option, right of first offer, right of pre-emptive negotiation, or refusal or transfer restriction in
favor of any Person; (d) any adverse claim as to title, possession, or use, and includes any agreement or arrange for any of the same. 

“Equity Equivalents” shall mean any and all shares, interests, participations or other equivalents (however designated) of
equity capital of the Company and any rights to acquire the foregoing, including, without limitation, securities exercisable for, convertible into or exchangeable for the foregoing or any rights to acquire any of the foregoing. 

“Equity Securities” means, with respect to any Person that is a legal entity, any and all shares of capital stock, membership
interests, units, profits interests, ownership interests, equity interests, registered capital, and other equity securities of such Person, and any right, warrant, option, call, commitment, conversion privilege, preemptive right or other right to
acquire any of the foregoing, or security convertible into, exchangeable or exercisable for any of the foregoing. 

  
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 “FireDragon” shall have the meaning ascribed to it in the Preamble of this
Agreement. 
 “First Refusal Allocation” shall have the meaning ascribed to in Section 4.2 of this Agreement. 

“Founder” or “Founders” shall have the meaning ascribed to it in the Preamble of this Agreement. 

“Governmental Authority” shall mean the government of any nation, state, city, locality or other political subdivision of any
thereof, any entity exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, regulation or compliance, and any corporation or other entity owned or controlled, through share or capital
ownership or otherwise, by any of the foregoing. 
 “Group Company” or “Group Companies” shall have the
meaning ascribed to it in the Preamble of this Agreement. 
 “HKIAC” shall have the meaning ascribed to in
Section 12.2 of this Agreement. 
 “Indebtedness” shall mean as to any Person (a) all obligations of such Person
for borrowed money, and (b) all indebtedness, obligations or liability of such Person (whether or not evidenced by notes, bonds, debentures or similar instruments) whether matured or unmatured, liquidated or unliquidated, direct or indirect,
absolute or contingent, or joint or several, that should be classified as liabilities in accordance with the Applicable Principles. 

“Internal Revenue Code” shall mean the United States Internal Revenue Code of 1986, as amended. 

“JD” shall have the meaning ascribed to it in the Preamble of this Agreement. 

“Ji Xiang Hu Tong” shall have the meaning ascribed to it in the Preamble of this Agreement. 

“Key Employee” shall have the meaning as defined in the Share Subscription Agreement. 

“Law” means any constitutional provision, statute or other law, rule, regulation, official policy or interpretation of any
Governmental Authority and any injunction, judgment, order, ruling, assessment or writ issued by any Governmental Authority. 

“Lien” shall mean any mortgage, deed of trust, pledge, hypothecation, assignment, lien (statutory or other), charge, claim,
restriction or preference, priority, right or other security interest or preferential arrangement of any kind or nature whatsoever (excluding preferred share and equity related preferences). 

  
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 “Mr. Pan” shall have the meaning ascribed to it in the
Preamble of this Agreement. 
 “Mr. Wu” shall have the meaning ascribed to it in the Preamble of this
Agreement. 
 “Non-Electing Offeree(s)” shall have the meaning ascribed to it in
Section 4.3 of this Agreement. 
 “Nuzad” shall have the meaning ascribed to it in the Preamble of this Agreement.

 “Offered Share(s)” shall have the meaning ascribed to it in Section 4.1 of this Agreement. 

“Offeree” shall have the meaning ascribed to it in Section 4.1 of this Agreement. 

“Offer Price” shall have the meaning ascribed to it in Section 4.1 of this Agreement. 

“Offer Period” shall have the meaning ascribed to it in Section 4.2 of this Agreement. 

“Ordinary Director(s)” shall have the meaning ascribed to it in Section 5.1 of this Agreement. 

“Oriza” shall mean HUA YUAN INTERNATIONAL LIMITED. 

“Outside Sale Notice” shall have the meaning ascribed to it in Section 4.3 of this Agreement. 

“OS Subsidiary” or “OS Subsidiaries” shall have the meaning ascribed to it in the Preamble of this
Agreement. 
 “Ordinary Shares” shall mean the ordinary shares, par value US$0.0001 per share, of the Company. 

“Ordinary Shareholder” shall mean a holder of the Ordinary Shares, each of the Persons listed on Schedule A attached
hereto. 
 “Passive Foreign Investment Company” or “PFIC” shall have the meaning as set forth in the
Internal Revenue Code. 
 “Permitted Transferee” shall mean (i) in the case of an individual Founder, for bona fide
property planning purposes, his/her spouse, parents, or children, or trusts for the benefit of such persons; (ii) in the case of other Founders than individuals, a subsidiary wholly-owned by such Founder; provided, however, that in each case
such Person shall agree in writing with the parties hereto to be bound by and to comply with all applicable provisions of this Agreement by executing a form of Joinder substantially in form attached hereto as Exhibit A. 

  
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 “Person” shall mean any individual, firm, corporation, limited liability
company, partnership, trust, incorporated or unincorporated association, joint venture, joint stock company, Governmental Authority or other entity of any kind, and shall include any successor (by merger or otherwise) of such entity. 

“PRC” means the People’s Republic of China, but solely for the purposes of this Agreement, excluding the Hong Kong
Special Administrative Region, the Macau Special Administrative Region and Taiwan. 
 “Preferred Directors” shall have the
meaning ascribed to it in Section 5.1 of this Agreement. 
 “Preferred Majority Holders” shall mean the holders
representing seventy-five percent (75%) of the Series A Shares, the Series B Shares, the Series C Shares and the Series D Shares then outstanding, voting as a single class on an as converted basis and the holders representing fifty percent (50%) of
the Series E Shares then outstanding, voting as a single class on an as converted basis. 
 “Preferred Shareholders” shall
mean any of the Series A Shareholders, any of the Series B Shareholders, any of the Series C Shareholders, any of the Series D Shareholders and any of the Series E Shareholders. 

“Preferred Shares” shall mean any of the Series A Shares, any of the Series B Shares, any of the Series C Shares, any of the
Series D Shares and any of the Series E Shares. 
 “Qualified IPO” shall mean a firm-commitment public offering by the
Company of its Ordinary Shares that (i) (x) has been registered under the Securities Act on the Nasdaq National Market System or New York Stock Exchange in the U.S., the Main- Board Market or the Growth Enterprise Market in Hong Kong or
mainland of the PRC, and by a prestigious investment bank as the underwriter, as approved by the majority of the members of the Board, including at least two (2) Preferred Directors or (y) has been registered under any similar act
on any other exchange in any other jurisdiction (or any combination of such exchanges and jurisdictions), and by a prestigious investment bank as the underwriter, as approved by the majority of the members of the Board, including at least two
(2) Preferred Directors, (ii) which results in the Ordinary Shares trading publicly immediately after such registration or the shortest lockup period, and (iii) in each case at a price per share implying a pre-money valuation of the Company of at least RMB3.5 billion or equivalent US dollars and yielding gross proceeds to the Company of not less than RMB300 million or equivalent US dollars. 

  
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 “Qualified Trade Sale” shall have the meaning set forth in Section 4.5
of this Agreement. 
 “Re-allotment Notice” shall have the meaning set forth in
Section 4.2 of this Agreement. 
 “Red Star” shall have the meaning ascribed to it in the Preamble of this Agreement.

 “Registration Rights Agreement” shall mean the Registration Rights Agreement by and among the Company, the Preferred
Shareholders and certain other parties thereto dated as of the date hereof. 
 “Restrictive Period” shall have the meaning
set forth in Section 10.1 of this Agreement. 
 “Right of First Refusal” shall have the meaning set forth in
Section 4.2 of this Agreement. 
 “RMB” shall mean the lawful currency of the PRC. 

“Second Acceptance Notice” shall have the meaning set forth in Section 3.2 of this Agreement. 

“Securities Act” shall mean the United States Securities Act of 1933, as amended. 

“Series A Shares” shall mean the series A redeemable convertible preferred shares, par value US$0.0001 per share, of the
Company. 
 “Series A Shareholder” shall mean a holder of Series A Shares, each of the Persons listed on Schedule B
attached hereto. 
 “Series B Shares” shall mean the series B redeemable convertible preferred shares, par value US$0.0001
per share, of the Company. 
 “Series B Shareholder” shall mean a holder of Series B Shares, each of the Persons listed on
Schedule C attached hereto. 
 “Series C Shares” shall mean the series C redeemable convertible preferred shares,
par value US$0.0001 per share, of the Company. 
 “Series C Shareholder” shall mean a holder of Series C Shares, each of
the Persons listed on Schedule D attached hereto. 

  
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 “Series D Shares” shall mean the series D redeemable convertible preferred
shares, par value US$0.0001 per share, of the Company. 
 “Series D Shareholder” shall mean a holder of Series D Shares,
each of the Persons listed on Schedule E attached hereto. 
 “Series E Shares” shall mean the series E redeemable
convertible preferred shares, par value US$0.0001 per share, of the Company. 
 “Series E Shareholder” shall mean a holder
of Series E Shares, each of the Persons listed on Schedule F attached hereto. 
 “Share Option Plan” shall mean the
option plan duly adopted by the Company from time to time. 
 “Shares” shall mean any of the Ordinary Shares, the Series A
Shares, the Series B Shares, the Series C Shares, the Series D Shares and the Series E Shares. 
 “Shareholders” shall mean
any or all of those persons and entities at any time holding any Shares of the Company and “Shareholder” shall mean any one of them. 

“Share Subscription Agreement” shall have the meaning ascribed to it in the Preamble of this Agreement. 

“Subsidiary” or “Subsidiaries” shall have the meaning ascribed to it in the Share Subscription Agreement.

 “Talent Boom” shall have the meaning ascribed to it in the Preamble of this Agreement. 

“Trade Sale Offer” shall have the meaning set forth in Section 4.5 of this Agreement. 

“UNCITRAL” shall have the meaning ascribed to it in Section 12.2 of this Agreement. 

SECTION 2 
 INFORMATION
RIGHTS; INSPECTION RIGHTS 
 2.1    Information Rights. The Group Companies covenant and agree that,
commencing on the date of this Agreement (subject to appropriate adjustment for share splits, share dividends, combinations or the like), the Company will deliver, and the other Group Companies shall procure the Company to deliver, to each Preferred
Shareholder, for so long as such Preferred Shareholder (other than JD) holds at least 10,000,000 Preferred Shares and for so long as JD holds any Preferred Share (an “Eligible Shareholder”): 

(a)    audited annual consolidated financial statements of the Group Companies, within ninety (90) days after the end
of each fiscal year, prepared in accordance with Applicable Principles and audited by an accredited accounting firm acceptable to the Eligible Shareholders; 

  
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 (b)    unaudited quarterly consolidated financial statements of the
Group Companies for such fiscal quarters, within forty-five (45) days of the end of each fiscal quarters; 

(c)    unaudited monthly consolidated financial statements of the Group Companies, as well as a monthly operation report
of the Group Companies, within thirty (30) days of the end of each month; 
 (d)    annual consolidated budgets and
business plans of the Group Companies within thirty (30) days prior to the end of each fiscal year; 
 (e)    (x)
the equity shareholding structure on a fully diluted basis of the Company within thirty (30) days after the end of each fiscal year, and (y) the prompt notice of any change of the equity shareholding structure of the Company if any such
change occurs in any fiscal quarter; 
 (f)    a copy of the documents or other materials provided to any other
shareholders of any Group Company or required to be provided to any Governmental Authority or any stock exchange or commission; 

(g)    with respect to the financial statements called for in subsections (b) and (c) of this Section 2.1, an
instrument executed by the chief financial officer of the Company certifying that such financials were prepared in accordance with the Applicable Principles consistently applied with prior practice for earlier periods (with the exception of
footnotes that may be required by the Applicable Principles) and fairly present the financial condition of the Group Company and its results of operation for the period specified, subject to year-end audit
adjustment; and 
 (h)    such other information relating to the financial condition, business or corporate affairs of
the Group Companies as the Eligible Shareholders may from time to time request, provided, however, that the Group Companies shall not be obligated under this subsection (h) or any other subsection of Section 2.1 to provide information that
it deems in good faith to be a trade secret or similar confidential information. 

  
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 2.2    Options. Unless otherwise approved in accordance with this
Agreement or other Transaction Documents, all future employees of the Company who shall purchase, or receive options to purchase, shares of the Company’s Ordinary Shares following the date hereof shall be required to execute stock purchase or
option agreements providing for (i) (A) vesting of shares over a four-year period with the first 25% of such shares vesting following twelve (12) months of continued employment or services (the “Initial Service Period”)
for the Group, and the remaining shares vesting in equal monthly installments over the following 36 months thereafter (the “Subsequent Service Period” together with the Initial Service Period, the “Service Period”)
or (B) (x) vesting or releasing mechanism for optionees/grantees other than CEO, CFO, COO and CTO based on or in connection with the key performance indicator; (y) vesting or releasing mechanism for CEO, CFO, COO and CTO based on or in
connection with the key performance indicator and the valuation of the Company for the Most Recent Financing (as defined below); and (ii) a 180-day lockup period in connection with the Company’s
initial public offering. The Company shall retain a right of first refusal on transfers until the Company’s initial public offering and the right to repurchase unvested shares at cost. Unless otherwise approved by the Shareholders in accordance
with this Agreement or other Transaction Documents, no agreement relating to the acquisition of Ordinary Shares shall provide for any acceleration of vesting unless (a) the Company is subject to a change of Control whereby at least 50% of the
voting power of the Company is transferred and (b) the Company’s repurchase option is not assumed by such acquirer of the Company in the amount and upon terms acceptable to each Preferred Shareholder. The Company shall require the Key
Employee to execute and deliver a Proprietary Information and Inventions Agreement in substantially the form approved by the Board (including at least two (2) Preferred Directors). For the purpose of this Agreement, the “Most Recent
Financing” mean the sale of the Equity Securities issued by Company to investor(s) with the principal purpose of raising capital in a closing on or after the date hereof, which occurs nearest to the date of this Agreement. 

2.3    D&O Insurance. The Company has as of the date hereof or shall within one hundred twenty (120) days
of the date hereof use commercially reasonable efforts to obtain from financially sound and reputable insurers directors’ and officers’ insurance in the amount and upon terms acceptable to each Preferred Shareholder. 

  
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 2.4    Subsidiary Covenants. The Company shall at any time
institute and shall keep in place arrangements reasonably satisfactory to the Company’s Board (including at least two (2) Preferred Directors) such that the Company (i) will Control the operations of any direct or indirect Subsidiary
or entity Controlled by the Company (including but not limited to the OS Subsidiaries and Controlled Affiliates), (ii) will be permitted to properly consolidate the financial results for such entity in consolidated financial statements for the
Company prepared under the Applicable Principles, and (iii) the composition of the board of directors of each other Group Company or entity Controlled by the Company, whether now in existence or formed in the future, shall be reasonably
acceptable to the Company’s Board (including at two (2) Preferred Directors). The Group Companies shall, and shall cause each Group Company and any Subsidiaries or entities it Controls to, comply with the US Foreign Corrupt Practices Act,
as amended (or any other applicable anti-bribery or anti-corruption Laws of any relevant jurisdiction). The Company shall take all necessary actions to maintain each other Group Company or entity Controlled by the Company, whether now in existence
or formed in the future, as is necessary to conduct the Company’s business as conducted or as proposed to be conducted. The Company shall use its reasonable best efforts to cause each other Group Company or entity Controlled by the Company,
whether now in existence or formed in the future, to comply in all respects with all applicable Laws, rules, and regulations. All aspects of such formation, maintenance and compliance of each other Group Company or entity Controlled by the Company,
whether now in existence or formed in the future, shall be subject to the review and approval by the Company’s Board (including at least two (2) Preferred Directors) and the Company shall promptly provide the Preferred Shareholders with
copies of all material related documents and correspondence. The Company shall cause each other Group Company or entity Controlled by the Company, whether now in existence or formed in the future, to have a board of directors as its governing and
managing body and each member thereof shall serve at the pleasure of the Company and shall be reasonably acceptable to the Company’s Board (including at least two (2) Preferred Directors). 

2.5    Inspection. The Company shall permit each Eligible Shareholder, at such Eligible Shareholder’s expense,
to visit and inspect any Group Company’s properties, to examine its books of account and records and to discuss any Group Company’s affairs, finances and accounts with its officers, all at such reasonable times as may be requested by the
Eligible Shareholder; provided, however, that the Group Company shall not be obligated pursuant to this Section 2.5 to provide access to any information that the Board of the Company reasonably considers to be a trade secret or similar
confidential information (including affirmative votes of at least two (2) Preferred Directors). 
 2.6    The
information rights set forth in this Section 2 shall terminate upon consummation of a Qualified IPO. 
 SECTION 3 

PREEMPTIVE RIGHTS 

3.1    Subject to Section 12.1 of this Agreement, if at any time the Company wishes to issue any Equity Equivalents
to any Person or Persons, the Company shall promptly deliver a notice of its intention to sell (the “Company’s Notice of Intention to Sell”) to the Eligible Shareholders setting forth a description of the Equity Equivalents to
be issued, the proposed purchase price thereof and terms of sale. Upon receipt of the Company’s Notice of Intention to Sell, the Eligible Shareholder shall have the right to elect to purchase, at the price and on the terms stated in the
Company’s Notice of Intention to Sell, a number of the Equity Equivalents equal to the product of (i) a fraction, the numerator of which is such Eligible Shareholder’s aggregate ownership of Equity Equivalents (calculated on an as
converted and fully-diluted basis) and the denominator of which is the number of such Equity Equivalents held by all Shareholders (calculated on an as converted and fully-diluted basis) immediately prior to the issuance of Equity Equivalents giving
rise to the preemptive right, multiplied by (ii) the number of Equity Equivalents to be issued. Such election is to be made by the Eligible Shareholders (“Electing Eligible Shareholders”) by written notice to the Company
within twenty (20) Business Days after receipt by the Eligible Shareholders of the Company’s Notice of Intention to Sell (the “Acceptance Period for Equity Equivalents”). 

  
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 3.2    If any Eligible Shareholder fails to exercise its preemptive
rights pursuant to the Section 3.1 above, the Company shall give notice of such failure (the “Company’s Second Notice of Intention to Sell”) to each other Electing Eligible Shareholder. Such Company’s Second Notice of
Intention to Sell may be made by telephone if confirmed in writing within two (2) days. The Electing Eligible Shareholders shall have a right of re-allotment such that they shall have five (5) days
from the date such Company’s Second Notice of Intention to Sell was received (the “Second Acceptance Period”) to elect to increase the number of Equity Equivalents they agreed to purchase under Section 3.1 above to include
their respective pro rata share of the Equity Equivalents contained in any Company’s Second Notice of Intention to Sell. 

3.3    If effective acceptances are not received pursuant to Section 3.2 above in respect of all the Equity
Equivalents which are the subject of the Company’s Second Notice of Intention to Sell, then the Company may, at its election, during a period of sixty (60) days following the expiration of the Second Acceptance Period, sell and issue the
remaining Equity Equivalents to another Person at a price and upon terms not more favorable to such Person than those stated in the Company’s Notice of Intention to Sell. In the event the Company has not sold the Equity Equivalents, or entered
into an agreement to sell the Equity Equivalents, within such sixty (60) day period, the Company shall not thereafter issue or sell any Equity Equivalents without first offering such securities to each Eligible Shareholder in the manner
provided in Sections 3.1 and 3.2 hereof. Failure by an Eligible Shareholder to exercise his or its option to purchase with respect to one offering, sale and issuance of Equity Equivalents shall not affect his or its option to purchase Equity
Equivalents in any subsequent offering, sale and purchase. 

  
 15 

 3.4    If an Eligible Shareholder gives the Company notice, pursuant to
the provisions of this Section 3, that such Eligible Shareholder desires to purchase any of the Equity Equivalents, payment therefor shall be by check or wire transfer, against issuance of the securities at the executive offices of the Company,
within fifteen (15) Business Days after giving the Company such notice, or, if later, the closing date for the sale of such Equity Equivalents. 

3.5    The preemptive rights contained in this Section 3 shall not apply to (i) Ordinary Shares issued
(A) as a share dividend, stock split, subdivision, combination, recapitalization, or other similar transaction of the Company which is approved by the Preferred Shareholders in accordance with this Agreement and the Articles of
Association, (B) pursuant to a public offering, (C) upon the conversion of any Equity Security or debt security of the Company issued on or prior to the date hereof provided that such conversion has been fully disclosed to
Red Star, JD and Oriza, (D) upon the exercise of any option, warrant or other right to subscribe for, purchase or otherwise acquire either Ordinary Shares or any Equity Security or debt security convertible into Ordinary Shares, issued
prior to the date hereof, provided that such issuance has been fully disclosed to Red Star, JD and Oriza; (ii) the issuance by the Company of Ordinary Shares reserved or to be reserved for issuance upon the exercise of any options,
granted or to be granted exclusively to employees, officers, directors or consultants of the Group Companies pursuant to the Share Option Plan. 

3.6    The preemptive rights contained in this Section 3 shall terminate immediately upon commencement of a Qualified
IPO. 
 SECTION 4 

DISPOSITION OF SHARES 

4.1    Subject to Section 12.1 of this Agreement, if an Ordinary Shareholder (the “Disposing
Shareholder”) receives an offer from a Bona Fide Purchaser to acquire Shares (or beneficial ownership thereof, including, without limitation, in the case of an Ordinary Shareholder that is an entity, to acquire the underlying equity
ownership of such Ordinary Shareholder) and the Disposing Shareholder proposes to accept such offer, prior to accepting such an offer the Disposing Shareholder shall send written notice (the “Disposition Notice”) to the Company,
which notice shall state (i) the name of the Disposing Shareholder, (ii) the name and address of the proposed Bona Fide Purchaser, (iii) the number of Shares to be Disposed (or if applicable, in the case of an
Ordinary Shareholder that is an entity, the underlying equity ownership of such Ordinary Shareholder) (the “Offered Shares”), (iv) the amount and form of the proposed consideration for the Disposition, (v) any
other material business relations between the Disposing Shareholder and the Bona Fide Purchaser, and (vi) the other terms and conditions of the proposed Disposition. In the event that the proposed consideration for the Disposition
includes consideration other than cash, the Disposition Notice shall include a calculation of the then fair market value of such consideration and an explanation of the basis for such calculation. The total value of the consideration for the
proposed Disposition is referred to herein as the “Offer Price”. The Company shall deliver a copy of the Disposition Notice to the Preferred Shareholders (the “Offerees”) within ten (10) Business Days of its
receipt thereof. 

  
 16 

 4.2    Right of First Refusal. For a period of thirty
(30) calendar days after receipt of a Disposition Notice by the Company to the Offerees (the “Offer Period”), the Offerees shall have the right (the “Right of First Refusal”), exercisable by each Offeree
through the delivery of an Acceptance Notice as provided in this Section 4.2, to purchase in aggregate all, but not less than all, of its pro-rata portion (with any re- allotment as provided below) of the
Offered Shares at a purchase price equal to the Offer Price per Share and upon the other terms and conditions set forth in the Disposition Notice. Each Offeree shall have the right to purchase a number of Offered Shares (such Offeree’s
“First Refusal Allocation”) equal to the total number of Offered Shares multiplied by a fraction, the numerator of which is the number of Shares held by such Offeree (on an as converted, fully-diluted basis) and the denominator of
which is the total number of Shares held by all Offerees (on an as converted, fully-diluted basis) by following the rules specified below: 

(a)    The Right of First Refusal of each Offeree under this Section 4.2 shall be exercisable by delivering written
notice of exercise (an “Acceptance Notice”) within the Offer Period to the Disposing Shareholder, with a copy to each of the other Offerees. Each Acceptance Notice shall include a statement of the number of Shares held by such
Offeree (on an as converted, fully-diluted basis) and its First Refusal Allocation. An Acceptance Notice shall be irrevocable and shall constitute a binding agreement by such Offeree (the “Electing Offeree”) to purchase the relevant
number of the Offered Shares determined in accordance with this Section 4.2. The failure of an Offeree to give an Acceptance Notice within the Offer Period shall be deemed to be a waiver of such Offeree’s Right of First Refusal. 

(b)    If any Offeree fails to exercise its Right of First Refusal pursuant to this Section 4.2, the Disposing
Shareholder shall give notice of such failure (the “Re- allotment Notice”) to each other Electing Offeree. Such Re-allotment Notice may be made by telephone if confirmed in writing within two
(2) days. The Electing Offerees shall have a right of re-allotment such that they shall have ten (10) days from the date such Re-allotment Notice was received
to elect to increase the number of Offered Shares they agreed to purchase under Section 4.2(a) to include their respective pro rata share of the Offered Shares contained in any Re-allotment Notice. 

  
 17 

 (c)    Except to the extent the Offerees elect to purchase the Offered
Shares under Section 4.2, the Disposing Shareholder may Dispose of the Offered Shares to the Bona Fide Purchaser identified in the Disposition Notice on the terms and conditions set forth in the Disposition Notice; provided,
however, that the Disposition is made within three (3) months after the giving of the Disposition Notice. 

4.3    Co-Sale Right. Notwithstanding anything to the contrary herein, if
the Disposing Shareholder shall sell the Offered Shares subject to the Disposition Notice to the Bona Fide Purchaser, the Disposing Shareholder shall notify in writing (the “Outside Sale Notice”) each Offeree that declines or is
deemed pursuant to Section 4.2(a) to have waived its Right of First Refusal (collectively, the “Non-Electing Offerees”), and no such sale shall be made unless and until each Non-Electing
Offeree (the “Eligible Co-Sale Shareholder”) shall have been afforded the right exercisable upon written notice to the Company and the Disposing Shareholder within twenty (20) days after
receipt of the Outside Sale Notice, to participate in the sale of Shares at the same time and on the same terms and conditions under which the Disposing Shareholder will sell the Offered Shares to the Bona Fide Purchaser. Each such Eligible Co-Sale Shareholder may sell all or any part of that number of Shares (the “Co-Sale Shares”) held by such Eligible Co-Sale Shareholder equal to the product
obtained by multiplying (x) the aggregate number of Offered Shares covered by the relevant Disposition Notice(s) by (y) a fraction the numerator of which is the number of Shares (on an as converted, fully-diluted basis) at
the time owned by such Eligible Co-Sale Shareholder and the denominator of which is the sum of the aggregate number of Shares (on an as converted, fully-diluted basis) owned by all Eligible Co-Sale Shareholders exercising their co-sale rights under this Section 4.3 (the “Co-Sale Shareholders”) and the
number of Shares (on an as converted, fully-diluted basis) then owned by the Disposing Shareholder. To the extent that Co-Sale Shareholders participate in the subject sale of Offered Shares hereunder, the
Disposing Shareholder shall be required to proportionately reduce the number of its Shares included in the Offered Shares. No Transfer of the Offered Shares shall be made on terms and conditions, including the form of consideration, different from
those contained in the Disposition Notice unless the Disposing Shareholder re-offers the Offered Shares subject to the Disposition Notice to the Shareholders in accordance with this Section 4.3. 

  
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 4.4    The closing of any purchase of the Offered Shares or the Co-Sale Shares by the Electing Offerees and/or the Bona Fide Purchaser shall be held at the principal office of the Company at 11:00 a.m. local time fifty (50) calendar days after the giving of the Disposition
Notice or at such other time and place as the parties to the transaction may agree. The said fifty (50) calendar days period shall be extended for an additional period of up to fifty (50) calendar days if necessary to obtain any regulatory
approvals required for such purchase and payment. At such closing, the Disposing Shareholder and/or the Co-Sale Shareholder shall, in addition to the delivery of certificates representing the Offered Shares
and/or the Co-Sale Shares, deliver duly executed instruments of transfer and the Disposing Shareholder’s and/or the Co-Sale Shareholder’s portion of the
requisite transfer taxes, if any. Such Offered Shares and Co-Sale Shares shall be free and clear of any Encumbrances (other than Encumbrances arising hereunder or attributable to actions by the Offerees and/or
the Bona Fide Purchaser), and the Disposing Shareholder shall so represent and warrant and shall further represent and warrant that it is the beneficial and record owner of such Offered Shares. The Co-Sale
Shareholder shall only be obligated to represent and warrant that it is the beneficial and record owner of the Co-Sale Shares. Each Electing Offeree and/or each Bona Fide Purchaser purchasing the Offered
Shares and/or the Co-Sale Shares shall deliver at such closing (or on such later date or dates as may be provided in the Disposition Notice with respect to payment of consideration by the proposed Bona Fide
Purchaser) payment in full of the Offer Price. At such closing, all of the parties to the transaction shall execute such additional documents as may be necessary or appropriate to effect the sale of the Offered Shares and/or the Co-Sale Shares to the Electing Offerees and/or the Bona Fide Purchaser. Any stamp duty or transfer taxes or fees payable on the transfer of any Offered Shares and/or the
Co-Sale Shares shall be borne and paid equally by the Disposing Shareholder and any Co-Sale Shareholders on the one hand, and the relevant Electing Offerees and/or the
Bona Fide Purchaser on the other. At such closing, the Bona Fide Purchaser shall agree in writing with the parties hereto to be bound by and to comply with all applicable provisions of this Agreement by executing a form of Joinder substantially in
form attached hereto as Exhibit A. 

  
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 4.5    Drag-Along Rights. Notwithstanding anything to the
contrary herein, in the event that (i) at any time after the Closing Date, the Company receives an offer from a Bona Fide Purchaser that, if consummated, will result in a Deemed Liquidation Event (a “Trade Sale Offer”),
and (ii) such Trade Sale Offer is approved by the holders of at least seventy-five percent (75%) of the total issued and outstanding Preferred Shares (the “Drag Holders of Preferred Shares”) and the holders of at least fifty-one percent (51%) of the total issued and outstanding Ordinary Shares (the “Drag Holders of Ordinary Shares”, together with the Drag Holders of Preferred Shares, the “Drag
Holders”) and subject to stipulations under Section 4.2 of the Schedule of Rights and Preferences attached to the Articles of Association of the Company (a “Qualified Trade Sale”), then the Company and each Shareholder
agree that: (i) the Company shall send written notice (the “Drag-Along Notice”) to all parties to this Agreement within five (5) Business Days of receipt of the Trade Sale Offer, regarding such Qualified Trade Sale; (ii) the
Ordinary Shareholder shall sell and transfer, and shall procure all other Shareholders (the “Dragged Holders”) to sell and transfer, their Shares on terms and conditions set forth in the Trade Sale Offer, and to the extent a vote of
the Dragged Holders is required to approve such Qualified Trade Sale, each Dragged Holder shall vote the number of Shares of the Company as to which they have beneficial ownership as of the time of the applicable record date in favor of such
Qualified Trade Sale, and each Dragged Holder shall execute and deliver all related documentation and take such other action in support of such Qualified Trade Sale as shall reasonably be requested, provided that if the Drag Holders do not include
JD, JD shall not be included in the Dragged Holders and shall not be obligated to approve and vote for such Qualified Trade Sale or execute and deliver the foregoing documentation and take the foregoing action. Notwithstanding the foregoing, if such
Qualified Trade Sale occurs on or prior to the fifth (5th) anniversary from the Closing Date, the Drag-Along Rights shall not apply unless such Qualified Trade Sale results in aggregate proceeds
(the “Trade Sale Proceeds”) of at least US$150,000,000, provided that the Trade Sale Proceeds shall be the pre-Tax consideration to be received by the Company, any Group Companies and/or the
Shareholders participated in such Qualified Trade Sale. Notwithstanding anything to the contrary contained herein, (i) the Right of First Refusal set forth in Section 4.2 and the Co-Sale Right set
forth in Section 4.3 shall not apply to any Disposition of Shares pursuant to this Section 4.5; and (ii) if JD is not included in the Drag Holder, then JD shall not be subject to any Disposition of Shares pursuant to this
Section 4.5 and the Drag-Along Rights set forth in this Section 4.5, provided that, if JD exercises its Right of First Refusal regarding the Qualified Trade Sale, JD shall purchase all, but not less than all, of the shares to be
transferred under such Qualified Trade Sale at a purchase price equal to the price and upon the other terms and conditions set forth in the Drag-Along Notice. The Drag-Along Rights set forth in this Section 4.5 shall terminate upon a Qualified
IPO. 
 4.6    The Parties agree that, for purposes of the Disposition restrictions in this Agreement and in other
Transaction Documents (as defined in the Share Subscription Agreement), a transaction or series of transactions that result in any sell, assign, pledge, hypothecate, transfer, or otherwise encumber or dispose of in any way or otherwise grant any
interest or right with respect to all or any part of any interest of a Shareholder, directly or indirectly, shall be deemed to constitute a Disposition of such Shareholders’ Shares. 

  
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 SECTION 5 

BOARD OF DIRECTORS 

5.1    From and after the date hereof, at any annual or extraordinary general meeting called for such purpose, or by
written resolution in lieu of a meeting, the Shareholders agree to vote the Shares owned of record or beneficially by them and to otherwise exercise their powers in relation to the Company to maintain a seven-member Board and shall vote and give
written consent with respect to, such number of Shares then owned by them (or as to which they then have voting power) as may be necessary to elect the following individuals to the Board: (A) one (1) nominee exclusively designated by DCM,
(B) one (1) nominee exclusively designated by Red Star, (C) one (1) nominee exclusively designated by JD (with the other two nominees designated by DCM and Red Star, collectively the “Preferred Directors”), (D) four
(4) nominees designated exclusively by the holders of the majority of the Ordinary Shares, one of whom must be the Company’s chief executive officer (the “Ordinary Directors”). In the event that there is any vacancy for
any seat of Ordinary Directors, the voting rights and other rights entitled to such Ordinary Director shall vest to Mr. Wu, so long as he is an Ordinary Director, subject to applicable Laws. 

5.2    Oriza, as long as it holds any Preferred Shares of the Company, shall have the right to designate one
(1) representative (the “Observer”) to attend meetings of the Board in a non-voting observer capacity, provided that such Observer shall agree in writing to hold in confidence with
respect to all information so provided. 
 5.3    A quorum of the Board shall consist of at least four (4) members,
including two (2) Preferred Directors. Unless otherwise provided herein or in the Articles of Association, each resolution of the Board shall be adopted by a majority of the Board. 

5.4    All directors shall hold office until their respective successors shall have been appointed. The Company shall
provide to the directors the same information concerning the Group Companies or any other Affiliates, and access thereto, provided to other members of the Company’s Board and such committees. The reasonable travel expenses incurred by all
directors in attending any such meetings shall be reimbursed by the Company to the extent consistent with the Company’s then existing policy of reimbursing directors generally for such expenses. 

5.5    The parties hereto will cause the Company’s Board to meet at least once every quarter on as regular a basis as
possible, or more frequently to the extent that any of the directors reasonably wishes the Board to meet. 

5.6    Subject to applicable Law, each of the Ordinary Directors and the Preferred Directors shall be entitled to appoint
alternates to serve at any Board meeting, and each such alternate shall be permitted to attend all Board meetings and vote on behalf of the director for whom she or he is serving as an alternative. 

  
 21 

 5.7    Members of the Board or any committee thereof may participate in
a meeting of the Board or such committee by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other and participation in a meeting pursuant to this provision
shall constitute presence in person at such meeting. A resolution in writing (in one or more counterparts), signed by all the directors for the time being or all the members of a committee of directors (an alternate director being entitled to sign
such resolution on behalf of his appointor) shall be as valid and effective as if it had been passed at a meeting of the directors or committee, as the case may be, duly convened and held. 

5.8    Any director of the Company may be removed from the Board in the manner allowed by Law and the Company’s
Articles of Association, but with respect to a Preferred Director, only upon the vote or written consent of the party or parties entitled to designate such director. 

5.9    At any time at the request of DCM, or Red Star, the Group Companies and the Founders shall, and shall ensure and
procure that, to the extent permitted by the applicable Laws, the board of directors of any or all of the Group Companies, whether now in existence or formed in the future (depending on the request of DCM or Red Star), shall be re-constituted so that it shall have the same number of directors as the Company, and DCM and Red Star shall be entitled to designate or nominate the same number of directors to any Group Company, whether now in
existence or formed in the future, as it is entitled to designate or nominate to the Company. 
 5.10    In the event
that the Board establishes any committee (including but without limitation audit committee and compensation committee), each of the committees of the Board shall include the Preferred Director designated by JD. The Board may determine or amend from
time to time the procedures and functions of such committees. All decisions of each committee shall be made by a majority of the members of such committee, provided that no committee shall have authority to determine any action listed under
Section 6 of this Agreement of any Group Company, unless otherwise authorized in accordance with Section 6 of this Agreement. 

SECTION 6 
 PROTECTIVE
PROVISIONS 
 6.1    Subject to the stipulations in Section 4.2 of the Schedule of Rights and Preferences
attached to the Articles of Association of the Company, each Group Company shall not, and each Founder shall procure each Group Company not to, take any of the actions specified in Section 4.2 of the Schedule of Rights and Preferences attached
to the Articles of Association of the Company without first obtaining the prior approval of the Preferred Shareholders holding at least seventy-five percent (75%) of the total issued and outstanding Preferred Shares (calculated on an as-converted basis), and the Ordinary Shareholders holding at least fifty-one percent (51%) of the total issued and outstanding Ordinary Shares, respectively and voting as
separate classes. In addition, subject to the stipulations in Section 4.2 of the Schedule of Rights and Preferences attached to the Articles of Association of the Company, each Group Company shall not, and each Founder shall procure each Group
Company not to, take any action that would result in, (i) any alteration or amendment to the Articles of Association or similar constitutive document of the Group Company or (ii) winding up, dissolution or liquidation of the Group Company
or appointment of receiver, manager or judicial manager or like officer of the Group Company, in each case without first obtaining the approval of the Preferred Shareholders holding at least seventy-five percent (75%) of the total issued and
outstanding Preferred Shares (calculated on an as- converted basis), and the Ordinary Shareholders holding at least fifty-one percent (51%) of the total issued and outstanding Ordinary Shares, respectively and
voting as separate classes. 

  
 22 

 6.2    For avoidance of any doubt, Section 6.1 above shall not
alter or affect in any manner the Red Star Veto Rights and the JD Veto Rights as defined in the Articles of Association, and each Group Company shall not, and each Founder shall procure each Group Company not to, take any of the actions specified in
Section 4.2(A)(b) of the Schedule of Rights and Preferences attached to the Articles of Association without obtaining the prior approval of Red Star, or take any of the actions specified in Section 4.2(A)(c) of the Schedule of Rights and
Preferences attached to the Articles of Association without obtaining the prior approval of JD. 
 SECTION 7 

LEGEND ON SHARE CERTIFICATES 

Each existing or replacement certificate for shares now owned or hereafter acquired by any Shareholder shall bear the following legend until
such time as the Shares represented thereby are no longer subject to the provisions hereof 
 “THE SALE, TRANSFER OR ENCUMBRANCE OF THE
SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE TERMS AND CONDITIONS OF A SHAREHOLDERS AGREEMENT AMONG ORIENTAL STANDARD HUMAN RESOURCES HOLDINGS LIMITED AND CERTAIN DIRECT OR INDIRECT HOLDERS OF ITS OUTSTANDING SHARE CAPITAL, AS SUCH
AGREEMENT MAY BE AMENDED. COPIES OF SUCH AGREEMENT MAY BE OBTAINED AT NO COST BY WRITTEN REQUEST MADE BY THE HOLDER OF RECORD OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE TO THE SECRETARY OF ORIENTAL STANDARD HUMAN RESOURCES HOLDINGS
LIMITED.” 

  
 23 

 SECTION 8 

DURATION OF AGREEMENT 
 The
rights and obligations of each Shareholder under this Agreement shall terminate as to such Shareholder upon the transfer of all Shares owned by such Shareholder in accordance with this Agreement. Upon the earlier occurrence of a Deemed Liquidation
Event (to the extent that such Deemed Liquidation Event has not been waived pursuant to the Articles of Association) or the consummation of a Qualified IPO, the rights and obligations of each Shareholder under this Agreement shall terminate,
provided that the rights and obligations of each Party under this Agreement due to the occurrence of the Deemed Liquidation Event shall be applicable and binding on each Party until each Preferred Shareholder has received the amount of distribution
entitled to be received by such Preferred Shareholder in accordance with the Articles of Association. 
 SECTION 9 

REPRESENTATIONS AND WARRANTIES 

Each Shareholder represents and warrants to the other Shareholders as follows: 

9.1    The execution, delivery and performance of this Agreement by such Shareholder will not violate any provision of Law,
any order of any court or other agency of government, or any provision of any indenture, agreement or other instrument to which such Shareholder or any of his, her or its properties or assets is bound, or conflict with, result in a breach of, or
constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or other instrument, or result in the creation or imposition of any Lien, charge or Encumbrance of any nature whatsoever upon any of the properties
or assets of such Shareholder. 
 9.2    This Agreement has been duly executed and delivered by such Shareholder and
constitutes the legal, valid and binding obligation of such Shareholder, enforceable against such Shareholder in accordance with its terms. 

  
 24 

 9.3    The Shares of such Shareholder listed on Schedule A or
Schedule B or Schedule C or Schedule D or Schedule E or Schedule F hereto constitute all of the shares of equity capital owned by such Shareholder and, except as set forth in the Transaction Documents (as defined
in the Share Subscription Agreement), such Shareholder does not have any right or obligation to acquire any additional shares of equity capital of the Company. 

9.4    The Founders as the Ordinary Shareholders hereby acknowledges the rights conferred upon Preferred Shareholders by
the Registration Rights Agreement. 
 SECTION 10 

LOCK UP PERIOD AND IPO PROPOSAL 

10.1    The Founders agree that, except to their Permitted Transferee, they will not directly or indirectly sell, transfer
or otherwise Dispose of any of their Equity Securities in the Company prior to a Qualified IPO (the “Restrictive Period”) without the written consent of the holders of at least seventy-five percent (75%) of the Preferred Shares (on
an as converted basis). For the avoidance of doubt, the Founders’ direct or indirect transfer of any of their Equity Securities in the Company or in Talent Boom or Ji Xiang Hu Tong (as provided in Section 10.2 below)
to their Permitted Transferee shall not release any obligations and liabilities that the Founders shall undertake and assume under the Transaction Documents as a Founder of the Company. 

10.2    In addition to Section 10.1 above, Mr. Wu further agrees that he will not sell, directly or indirectly
transfer or Dispose any of his equity interest in Talent Boom, Ji Xiang Hu Tong and/or the Company, or issue any new shares or equity interest in Talent Boom and/or Ji Xiang Hu Tong to any third party without prior written consent of the holders of
at least seventy-five percent (75%) of the Preferred Shares (on an as- converted basis). Each of Talent Boom and Ji Xiang Hu Tong further agrees that it will not sell, transfer or Dispose any of its equity interest in the Company, or issue any new
shares or equity interest to any third party without prior written consent of the holders of at least seventy-five percent (75%) of the Preferred Shares (on an as-converted basis). In addition to
Section 10.1 above, Mr. Pan further agrees that he will not sell, directly or indirectly transfer or Dispose any of his equity interest in FireDragon or the Company, or issue any new shares or equity interest in FireDragon to any third
party without prior written consent of the holders of at least seventy-five percent (75%) of the Preferred Shares (on an as-converted basis). FireDragon further agrees that it will not sell, transfer or
Dispose any of its equity interest in the Company, or issue any new shares or equity interest to any third party without prior written consent of the holders of at least seventy- five percent (75%) of the Preferred Shares (on an as-converted basis). 

  
 25 

 10.3    For avoidance of any doubt, if any Founder is released from the
restrictions set forth in Section 10.1 and/or Section 10.2, his/its Disposition of any Ordinary Shares shall continue to be subject to the terms of this Agreement, including without limitation the Right of First Refusal set forth in
Section 4.2 hereof and the Co- Sale Right set forth in Section 4.3 hereof. 
 10.4    Each Shareholder hereby
agrees that it will not, without the prior written consent of the managing underwriter, during the period commencing on the date of the final prospectus relating to the Company’s initial firm-commitment public offering by the Company of its
Ordinary Shares and ending on the date specified by the Company and the managing underwriter (such period not to exceed one hundred eighty (l80) days) (i) lend, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase
any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any shares of Ordinary Shares or any securities convertible into or exercisable or exchangeable for Ordinary
Shares held immediately prior to the effectiveness of the registration statement for such offering, or (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership
of the Ordinary Shares, whether any such transaction described in clause (i) or (ii) above is to be settled by delivery of Ordinary Shares or other securities, in cash or otherwise. The foregoing provisions of this Section 10.4 shall not
apply to the sale of any shares to an underwriter pursuant to an underwriting agreement, and shall only be applicable to the holders if all officers, directors and greater than one percent (1%) stockholders of the Company enter into similar
agreements. The underwriters in connection with the initial offering are intended third-party beneficiaries of this Section 10.4 and shall have the right, power and authority to enforce the provisions hereof as though they were a party hereto.
Each holder further agrees to execute such agreements as may be reasonably requested by the underwriters in the initial offering that are consistent with this Section 10.4 or that are necessary to give further effect thereto. Any discretionary
waiver or termination of the restrictions of any or all of such agreements by the Company or the underwriters shall apply to all holders subject to such agreements pro rata based on the number of shares subject to such agreements. In order to
enforce the foregoing covenant, the Company may impose stop-transfer instructions with respect to the Ordinary Shares of each holder (and the shares or securities of every other person subject to the foregoing restriction) until the end of such
period. 

  
 26 

 10.5    Mr. Wu, Talent Boom and Ji Xiang Hu Tong hereby agree and
undertake that, whenever any of the following events occurs - (i) the latest audited consolidated annual revenue of the Group Companies exceeds US$100 million (inclusive), or (ii) the latest audited consolidated after-tax net profits of the Group Companies exceeds US$100 million (inclusive), or (iii) the latest equity financing by the Group Companies exceeds US$10 million and the market valuation of the Group
Companies after such equity financing is no less than US$100 million, they will request to convene the meeting of Shareholders and/or the Board in accordance with the Articles of Association and the applicable Laws within thirty (30) days
after the occurrence of any of the above events, and submit the proposal of initial public offering of the Company in USA to the vote. Mr. Wu, Talent Boom and Ji Xiang Hu Tong further undertake to Red Star and JD that he/it will vote in favor
of such proposal of initial public offerings in the meeting of the Shareholders so held, and he/it will vote and procure the Ordinary Directors to vote in favor of such proposal of initial public offerings in the Board meeting so held. 

10.6    Without prejudice to any rights of any Preferred Shareholder to transfer its Shares contained herein or in other
Transaction Documents (as defined in the Share Subscription Agreement), Mr. Wu, Talent Boom and Ji Xiang Hu Tong hereby further undertake to Red Star that, whenever any of the following events occur - (i) if Mr. Wu, Talent Boom or Ji Xiang
Hu Tong fails to request to convene the meeting in accordance with Section 10.5, or (ii) if the proposal of initial public offerings in USA as described in Section 10.5 is rejected in the meeting of Shareholders and/or the Board, or
(iii) Red Star has held any Shares of the Company and become a shareholder of the Company for more than thirty-six (36) months, Mr. Wu, Talent Boom and Ji Xiang Hu Tong shall, upon Red
Star’s request, use all his/its best efforts to cooperate with Red Star and facilitate the completion of Red Star’s transfer of the Shares held by it to any third party, and shall not, in any circumstances, restrict or prohibit, or permit
or allow other parties to restrict or prohibit Red Star’s proposed transfer of its Shares. For avoidance of doubt, none of the aforementioned in this Section 10.6 shall be deemed to restrict or prohibit Red Star’s transfer of any
Shares at any time to any third party after the closing date of the Company’s series D financing (which shall be March 27, 2017). 

10.7    Without prejudice to any rights of any Preferred Shareholder to transfer its Shares contained herein or in other
Transaction Documents (as defined in the Share Subscription Agreement), Mr. Wu, Talent Boom and Ji Xiang Hu Tong hereby further undertake to JD that, whenever any of the following events occur - (i) if Mr. Wu, Talent Boom or Ji Xiang Hu
Tong fails to request to convene the meeting in accordance with Section 10.5, or (ii) if the proposal of initial public offerings in USA as described in Section 10.5 is rejected in the meeting of Shareholders and/or the Board, or
(iii) JD has held any Shares of the Company and become a shareholder of the Company for more than thirty-six (36) months, Mr. Wu, Talent Boom and Ji Xiang Hu Tong shall, upon JD’s request,
use all his/its best efforts to cooperate with JD and facilitate the completion of JD’s transfer of the Shares held by it to any third party, and shall not, in any circumstances, restrict or prohibit, or permit or allow other parties to
restrict or prohibit JD’s proposed transfer of its Shares. For avoidance of doubt, none of the aforementioned in this Section 10.7 shall be deemed to restrict or prohibit JD’s transfer of any Shares at any time to any third party
after the Closing Date. 

  
 27 

 10.8    Without prejudice to any rights of any Preferred Shareholder to
transfer its Shares contained herein or in other Transaction Documents (as defined in the Share Subscription Agreement), Mr. Wu, Talent Boom and Ji Xiang Hu Tong hereby further undertake to Oriza that, whenever any of the following events occur
- (i) if Mr. Wu, Talent Boom or Ji Xiang Hu Tong fails to request to convene the meeting in accordance with Section 10.5, or (ii) if the proposal of initial public offerings in USA as described in Section 10.5 is rejected in the
meeting of Shareholders and/or the Board, or (iii) Oriza has held any Shares of the Company and become a shareholder of the Company for more than thirty-six (36) months, Mr. Wu, Talent Boom and
Ji Xiang Hu Tong shall, upon Oriza’s request, use all his/its best efforts to cooperate with Oriza and facilitate the completion of Oriza’s transfer of the Shares held by it to any third party, and shall not, in any circumstances, restrict
or prohibit, or permit or allow other parties to restrict or prohibit Oriza’s proposed transfer of its Shares. For avoidance of doubt, none of the aforementioned in this Section 10.8 shall be deemed to restrict or prohibit Oriza’s
transfer of any Shares at any time to any third party after the Closing Date. 
 10.9    Mr. Wu undertakes and
covenants to Red Star and JD that, as long as Red Star or JD or its respective Affiliate holds any Equity Securities in any Group Company, he shall remain as an employee, director or any other management position of any of the Group Companies, and
his resignation hereunder shall be subject to the approval by Red Star and JD in writing in advance. Mr. Wu further undertakes and covenants to Red Star and JD that, as long as (x) he remains an employee, director or any other management
position of any of any Group Company, or (y) he beneficially owns any shares, securities or interests of any Group Company, he shall commit all of his efforts to furthering the business of the Group Companies and shall not, without the prior
written consent of Red Star and JD, either on his own account or through any of his Affiliates, or in conjunction with or on behalf of any other Person, (i) possess, directly or indirectly, the power to direct or cause the direction of the
management and business operation of any entity whose business is competing with the Group Companies whether (A) through the ownership of any equity interest in such entity, or (B) by occupying half or more of the board seats of the entity; or
(C) by contract or otherwise; or (ii) devote any time to carry out the business operation of any other entity, except for a passive investment of less than 1% of the stock of any publicly traded company that engages in the foregoing. 

  
 28 

 10.10    Subject to Section 12.1 of this Agreement and the standard
lock-up period as required by applicable security laws and security exchange, each Preferred Shareholder may freely transfer any Preferred Shares of the Company now or hereafter owned or held by such Preferred
Shareholder without any limitation; provided, however, that (i) the transferor shall, prior to the effectiveness of such transfer, furnish to the Company written notice of the name and address of such transferee and the Shares that are
being assigned to such transferee, and (ii) such transferee shall, concurrently with the effectiveness of such transfer, become a party to this Agreement as a Preferred Shareholder (as the case may be) and be subject to all applicable
restrictions set forth in this Agreement, by executing a form of Joinder substantially in form attached hereto as Exhibit A. 

SECTION 11 
 TAX MATTERS

 11.1    The Company shall not, without the written consent of each Preferred Shareholders, issue or transfer
securities in the Company to any investor if following such issuance or transfer the Company, in the determination of counsel or accountants for any Preferred Shareholders, would be a “Controlled Foreign Corporation”
(“CFC”) as defined in the U.S. Internal Revenue Code of 1986, as amended (or any successor thereto) (the “Code”) with respect to the securities held by Preferred Shareholders. No later than two (2) months
following the end of each Company taxable year, the Company shall provide the following information to each Preferred Shareholder: (i) the Company’s capitalization table as of the end of the last day of such taxable year and (ii) a
report regarding the Company’s status as a CFC. In addition, the Company shall provide each Preferred Shareholder with access to the Company information as may be required by such Preferred Shareholder to determine the Company’s status as
a CFC to determine whether Preferred Shareholders is required to report its pro rata portion of the Company’s “Subpart F income” (as defined in Section 952 of the Code) on its United States federal income tax return, or to allow
such Preferred Shareholder to otherwise comply with applicable United States federal income tax laws. The Company shall make due inquiry with its tax advisors on at least an annual basis regarding its status as a CFC and regarding whether any
portion of the Company’s income is Subpart F income. In the event that the Company is determined by the Company’s tax advisors or by counsel or accountants for such Preferred Shareholder to be a CFC with respect to the securities held by
such Preferred Shareholder, the Company agrees to use commercially reasonable efforts to avoid generating Subpart F income. In the event that the Company is determined by counsel or accountants for such Preferred Shareholder to be a CFC with respect
to the securities held by such Preferred Shareholder, the Company agrees, to the extent permitted by Law, to annually make dividend distributions to such Preferred Shareholder sufficient to enable such Preferred Shareholder to defray its U.S.
federal income tax liabilities (if any) arising from any “Subpart F income” resulting to it from such CFC status. 

  
 29 

 11.2    The Company will not be at any time during the calendar year in
which the Closing occurs a “passive foreign investment company” within the meaning of Section 1297 of Code (a “PFIC”). The Company shall use its best efforts to avoid being a PFIC. The Company shall make due inquiry
with its tax advisors on at least an annual basis regarding its status as a PFIC, and if the Company is informed by its tax advisors that it has become a PFIC, or that there is a likelihood of the Company being classified as a PFIC for any taxable
year, the Company shall promptly notify each Preferred Shareholder of such status or risk, as the case may be. In connection with a “Qualified Electing Fund” election made by such Preferred Shareholder pursuant to Section 1295 of the
Code or a “Protective Statement” filed by such Preferred Shareholder pursuant to Treasury Regulation Section 1.1295-3, as amended (or any successor thereto), the Company shall provide annual
financial information to such Preferred Shareholder in the form and substance satisfactory to such Preferred Shareholder as soon as reasonably practicable following the end of each taxable year of such Preferred Shareholder (but in no event later
than 90 days following the end of each such taxable year), and shall provide such Preferred Shareholder with access to such other Company information as may be required for purposes of filing U.S. federal income tax returns in connection with such
Qualified Electing Fund election or Protective Statement. In the event that such Preferred Shareholder who has made a “Qualified Electing Fund” election must include in its gross income for a particular taxable year its pro rata share of
the Company’s earnings and profits pursuant to Section 1293 of the Code, the Company agrees, to the extent permitted by Law, to make a dividend distribution to such Preferred Shareholder (no later than 90 days following the end of such
Preferred Shareholder’s taxable year or, if later, 90 days after the Company is informed by such Preferred Shareholder that such Preferred Shareholder has been required to recognize such an income inclusion) sufficient to enable such Preferred
Shareholder who has made a “Qualified Electing Fund” election to defray their U.S. federal income tax liabilities arising from the “Qualified Electing Fund” election. 

11.3    The Company shall take such actions, including making an election to be treated as a corporation or refraining
from making an election to be treated as a partnership, as may be required to ensure that at all times the company is treated as corporation for United States federal income tax purposes. 

  
 30 

 11.4    The Company shall make due inquiry with its tax advisors on at
least an annual basis regarding whether the Preferred Shareholder’s interest in the Company is subject to the reporting requirements of either or both of Sections 6038 and 6038B (and the Company shall duly inform the Preferred Shareholders of
the results of such determination), and in the event that the Company’s tax advisors or such Preferred Shareholder’s tax advisors determine that such Preferred Shareholder’s interest in the Company is subject to any such reporting
requirements, the Company agrees, upon a request from such Preferred Shareholder, to provide such information to such the Preferred Shareholder as may be necessary to fulfill such Preferred Shareholder’s obligations thereunder. 

SECTION 12 
 COVENANTS

  

	 	12.1    Put	 Option. 

  

	 	(i)	 In addition and without prejudice to any other rights, privileges or protections entitled to JD under this
Agreement and other Transaction Documents, for so long as JD holds an aggregate number of the Preferred Shares (or Ordinary Shares upon conversion of such Preferred Shares) no less than the Preferred Shares JD held immediately after the Closing
(which shall be 2,105,667,292), JD shall have the rights, privileges and protections set forth in this Section 12.1. For purposes of this Section 12.1: 

 

	 	(A)	 “Change of Control Transaction with JD Adverse Person” has the meaning set forth in
Section 12.1(ii)(B); 

  

	 	(B)	 “Collaboration Option” has the meaning set forth in Section 12.1(iv);

  

	 	(C)	 “Change of Control Transaction” shall mean the following transactions with any Person(s) : (x)
a sale, transfer, lease, license or otherwise disposition of all or substantially all of the assets, businesses, goodwill or intellectual property of any Group Company to any Person(s); (y) any consolidation, reorganization, amalgamation or merger
of any Group Company with or into any Person(s), or any other corporate reorganization or scheme of arrangement, including a sale or acquisition of Equity Securities of any Group Company, in which the shareholders of such Group Company or
shareholders of other Group Companies immediately before such transaction own less than fifty percent (50%) of the voting power of the surviving company immediately after such transaction; and (z) a share purchase, share exchange or tender
offer in which at least fifty percent (50%), by voting power, of the Equity Securities of any Group Company are transferred, or a transaction or series of related transactions in which any Person(s) acquires any Equity Securities of any Group
Company such that, immediately after such transaction or series of related transactions, such Person(s) holds Equity Securities of such Group Company representing more than fifty percent (50%) of the outstanding voting power of such Group Company;

  
 31 

	 	(D)	 “Financing with JD Adverse Person” has the meaning set forth in
Section 12.1(ii)(A); 

  

	 	(E)	 “JD Deliberation Period” means a period of thirty (30) days upon JD’s receipt of the
applicable Notice of Offer; 

  

	 	(F)	 “Notice of Offer” means, as the case may be, a written notice of the Financing with JD Adverse
Person, Change of Control Transaction with JD Adverse Person or Share Sale with JD Adverse Person; 

  

	 	(G)	 “Offering Party” means any JD Adverse Person that offers to conduct any Financing with JD
Adverse Person or Change of Control Transaction with JD Adverse Person with any Group Company, or that offers to conduct any Share Sale with JD Adverse Person with any Shareholder of the Company (other than JD); 

 

	 	(H)	 “Offered Shares” means the Shares that any Shareholder (other than JD) proposes to sell or
transfer to the Offering Party in the case of a Share Sale with JD Adverse Person; 

  

	 	(I)	 “Put Option Notice I” has the meaning set forth in
Section 12.1(iii)(B); 

  

	 	(J)	 “Put Option Notice II” has the meaning set forth in
Section 12.1(iv)(B); 

  

	 	(K)	 “Put Option Notice III” has the meaning set forth in
Section 12.1(v)(B); 

  

	 	(L)	 “Put Option Transaction I” has the meaning set forth in
Section 12.1(iii)(B); 

  

	 	(M)	 “Put Option Transaction II” has the meaning set forth in
Section 12.1(iv)(B); 

  
 32 

	 	(N)	 “Put Option Transaction III” has the meaning set forth in
Section 12.1(v)(B); 

  

	 	(O)	 “Put Price” means, 

(a) with respect to a Financing with JD Adverse Person, the highest of: (1) the purchase price per share of the Company as offered by the
Offering Party, (2) the price per share of the Company as calculated based on the post- money valuation of the Company immediately after the closing of a transaction or series of transactions pursuant to which the Company issues and sells its
shares with the principal purpose of raising capital prior to the consummation of the Financing with JD Adverse Person, (3) the per share fair market value of the Shares of the Company as determined by an intermediary organ appointed by the majority
of the members of the Board, including JD Director, (4) an amount equal to one hundred (100%) of the investment amount of JD (including the amount with respect to JD Share Transfer) (the “JD Investment Amount”) plus a
compounded annual return at the rate of 8% per annum, and plus all dividends declared but unpaid with respect thereto; or 
 (b) with
respect to a Change of Control Transaction with JD Adverse Person, the highest of: (1) the purchase price per share of the Company as reasonably calculated based on the acquisition price offered by the Offering Party, (2) the price per
share of the Company as calculated based on the post-money valuation of the Company immediately after the closing of a transaction or series of transactions pursuant to which the Company issues and sells its shares with the principal purpose of
raising capital prior to the consummation of the Change of Control Transaction with JD Adverse Person, (3) the per share fair market value of the Shares of the Company as determined by an intermediary organ appointed by the majority of the
members of the Board, including JD Director, (4) an amount equal to one hundred (100%) of the JD Investment Amount plus a compounded annual return at the rate of 8% per annum, and plus all dividends declared but unpaid with respect thereto; or

 (c) with respect to a Share Sale with JD Adverse Person, the highest of: (1) the price per share at which the Transferring
Shareholder transfers the Offered Shares to the Offering Party, (2) the price per share of the Company as calculated based on the post-money valuation of the Company immediately after the closing of a transaction or series of transactions
pursuant to which the Company issues and sells its shares with the principal purpose of raising capital prior to the consummation of the Change of Control Transaction with JD Adverse Person, (3) the per share fair market value of the Shares of
the Company as determined by an intermediary organ appointed by the majority of the members of the Board, including JD Director, (4) an amount equal to one hundred (100%) of the JD Investment Amount plus a compounded annual return at the rate
of 8% per annum, and plus all dividends declared but unpaid with respect thereto; 

  
 33 

	 	(P)	 “Share Sale with JD Adverse Person” has the meaning set forth in
Section 12.1(ii)(C); 

  

	 	(Q)	 “Target Business” has the meaning set forth in Section 12.1(ii)(D);

  

	 	(R)	 “Target Company” has the meaning set forth in Section 12.1(vi)(D);

  

	 	(S)	 “Transferring Shareholder” has the meaning set forth in
Section 12.1(v)(A). 

  

	 	(ii)	 Without the prior written consent of JD, 

 

	 	(A)	 no Group Company shall discuss or close the sale of any Equity Securities or any other instruments convertible
into the Equity Securities or debt securities of any Group Company with any JD Adverse Person, any financing transaction of any Equity Securities or any other Instruments convertible into the Equity Securities or debt securities of any Group Company
with any JD Adverse Person (each, a “Financing with JD Adverse Person”); 

  

	 	(B)	 no Group Company shall discuss or close any of the Change of Control Transaction with any JD Adverse Person
(each, a “Change of Control Transaction with JD Adverse Person”); 

  

	 	(C)	 no Shareholder (other than JD) shall transfer any Share directly or indirectly to any JD Adverse Person (other
than any share transfer that is a Change of Control Transaction with JD Adverse Person) (the “Share Sale with JD Adverse Person”); 

  
 34 

	 	(D)	 no Group Company shall conduct any strategic or business collaboration with any JD Adverse Person, including
without limitation, establishing joint venture, partnership or strategic alliance with any JD Adverse Person (the “Target Business”). 

  

	 	(iii)	 (A) Subject to Section 12.1(ii)(A), in the event that any Offering Party offers to
conduct any Financing with JD Adverse Person with any Group Companies, the Company shall, within three (3) Business Days after receipt of such offer, deliver to JD a copy of such offer by the Offering Party and the Notice of Offer, describing
in reasonable details including, without limitation, the number and type of Equity Securities to be sold or transferred, the nature of such sale or transfer, the price or consideration to be paid and any other material terms upon which the Financing
with JD Adverse Person is to be consummated. 

 (B) If JD delivers a written notice (the “Put Option Notice
I”) within the JD Deliberation Period to the Company requiring (x) the Company or the Founders to repurchase all or any portion of JD’s Shares in the Company at the Put Price in a Financing with JD Adverse Person (the “Put
Option Transaction I”), the Company shall be deemed to have obtained the consent of JD approving the Financing with JD Adverse Person, and the Company shall consummate or cause the Offering Party, to consummate the Put Option Transaction I
within ninety (90) days upon delivery of the Put Option Notice I by JD. Any attempt by any Group Company not in compliance with Section 12.1(ii) and this Section 12.1(iii) to make any Financing with JD Adverse Person shall be null and
void and of no force and effect and JD shall be entitled to request the Company or request the Company to cause the Offering Party to repurchase or purchase, as case may be, all or any portion of JD’s Shares in the Company at five (5) times of
the Put Price for Put Option Transaction I. 
 (C) For the avoidance of doubt, if JD does not respond in writing within the JD Deliberation
Period, then JD shall be deemed to disapprove the Financing with JD Adverse Person. 
  

	 	(iv)	 (A) Subject to Section 12.1(ii)(B), in the event that any Offering Party offers to
conduct any Change of Control Transaction with JD Adverse Person with any Group Companies, the Company shall, within three (3) Business Days after receipt of such offer, deliver to JD a copy of such offer by the Offering Party and the Notice of
Offer, describing in reasonable details including, without limitation, the number and type of the assets, businesses, goodwill or intellectual property (as applicable) to be sold or transferred, the nature of such sale or transfer, the price or
consideration to be paid and any other material terms upon which the Change of Control Transaction with JD Adverse Person is to be consummated. 

  
 35 

 (B) If JD delivers a written notice (the “Put Option Notice II”) within
the JD Deliberation Period to the Company requiring the Company to cause the Offering Party to purchase all or any portion of JD’s Shares in the Company at the Put Price in a Change of Control Transaction with JD Adverse Person (the
“Put Option Transaction II”), the Company shall be deemed to have obtained the consent of JD approving the Change of Control Transaction with JD Adverse Person, and the Company shall consummate or cause the Offering Party, to
consummate the Put Option Transaction II within ninety (90) days upon delivery of the Put Option Notice II by JD. Any attempt by any Group Company not in compliance with Section 12.1(ii) and this Section 12.1(iv) to make any Change of
Control Transaction with JD Adverse Person shall be null and void and of no force and effect and JD shall be entitled to request the Company or request the Company to cause the Offering Party to repurchase or purchase, as case may be, all or any
portion of JD’s Shares in the Company at five (5) times of the Put Price for Put Option Transaction II. 
 (C) For the avoidance
of doubt, if JD does not respond in writing within the JD Deliberation Period, then JD shall be deemed to disapprove the Control Transaction with JD Adverse Person. 

(D) Notwithstanding the foregoing provisions of this Section 12.1(iv), in the event that any Offering Party offers to
conduct any Change of Control Transaction with any Person(s) (other than JD Adverse Person) with any Group Companies (the “Change of Transaction with Non-JD Adverse Person”), each Group
Company hereby grants JD a right of first refusal with respect to any Change of Transaction with Non-JD Adverse Person. If any Group Company (the “Target Company”) wishes to conduct any Change
of Control Transaction with Non-JD Adverse Person, it shall first negotiate in good faith with JD for such Change of Control Transaction with Non-JD Adverse Person. If
JD refuses or fails to reach any agreement with respect to such Change of Control Transaction with Non-JD Adverse Person with the Target Company within twenty (20) Business Days, then the Target Company
may solicit other offers and engage in negotiations with any third party (other than JD Adverse Person and/or the Shareholders) (the “Potential Collaborator”) with respect to that specific Change of Control Transaction with Non-JD Adverse Person. Prior to concluding any such agreement with the Potential Collaborator, the Target Company must offer JD the option (the “Collaboration Option”) to accept the terms and
conditions that it has agreed with the Potential Collaborator. If JD does not exercise the Collaboration Option within forty-five (45) days after receipt of such offer, then within ninety (90) days following the expiration of such
forty-five (45) day period, the Target Company may enter into an agreement with the Potential Collaborator at the same conditions and terms that are offered to JD. If the Target Company has not entered into such agreement with the Potential
Collaborator within such ninety (90) day period, the Target Company shall not thereafter conduct of close the Change of Control Transaction with Non JD Adverse Person, without first again complying with this
Section 12.1(iv)(D). 

  
 36 

	 	(v)	 (A) Subject to Section12.1(ii)(C), in the event that any Offering Party offers to conduct any Share Sale
with JD Adverse Person with any Shareholder (other than JD) (the “Transferring Shareholder”), the Transferring Shareholder shall, within three (3) Business Days after receipt of such offer, deliver to JD a copy of such offer by the
Offering Party and the Notice of Offer, describing in reasonable details the proposed share sale or transfer, including, without limitation, the number of the Offered Shares, the nature of such sale or transfer, the considerations to be paid, and
the name and address of the Offering Party. 

 (B) If JD delivers a written notice (the “Put Option Notice
III”) within the JD Deliberation Period to the Transferring Shareholder requiring the Transferring Shareholder to purchase all or any portion of JD’s shares in the Company at the applicable Put Price in a Share Sale with JD Adverse
Person (the “Put Option Transaction III”, together with the Put Option Transaction I and the Put Option Transaction II, each a “Put Option Transaction”), the Transferring Shareholder shall be deemed to have obtained
the consent of JD approving the Share Sale with JD Adverse Person, and the Transferring Shareholder shall consummate the purchase of JD’s shares as required within ninety (90) days upon JD’s delivery of the Put Option Notice III. 

(D) Any transaction of the Share Sale with JD Adverse Person by any Shareholder (other than JD) and the Company which is not in compliance
with Section 12.1(ii) and this Section 12.1(v) shall be null and void and of no force and effect and JD shall be entitled to request the Transferring Shareholder to purchase, all or any portion of
JD’s Shares in the Company at five (5) times of the Put Price for Put Option Transaction III. 

  
 37 

 (E) For the avoidance of doubt, if JD does not respond in writing within the JD
Deliberation Period, then JD shall be deemed to disapprove such Share Sale with JD Adverse Person. 
  

	 	(vi)	 For purposes of Section 12.1(iii), Section 12.1(iv) and
Section 12.1(v), to the extent that JD requests a Put Option Transaction or requests the Company or the Founders to repurchase all or any portion of its Shares in the Company pursuant to
Section 12.1(iii), Section 12.1(iv) or Section 12.1(v), the shareholders of the Company (other than JD) shall, and the Company shall cause all the other shareholders to
(a) vote, or give their written consent, if and when necessary, with respect to such transactions; and (b) take all actions reasonably necessary to consummate such transactions. 

 

	 	(vii)	 For the purpose of this Agreement, “JD Adverse Persons” shall mean the entities that are set
forth in Exhibit B and whose businesses are in direct competition with the businesses conducted by JD.com, Inc. and its Affiliates. 

12.2    Favorable Terms. The Group Company and the Founders jointly and severally undertake to JD that in the event
any Group Company grants, issues, or provides any existing Shareholder (other than JD) any right, privilege or protection more favorable than those granted to JD (the “JD Favorable Terms”), then JD shall have the right to acquire
such JD Favorable Terms and have them apply to (i) the shares JD is entitled to purchase and (ii) JD’s shares already in its possession; provided that, in the case the purchase price per share paid by any new investor is lower than
purchase price per share paid by JD, JD shall have the right to acquire any right, privilege or protection more favorable than those granted to JD enjoyed by such new investor and have them apply to (i) the shares JD is entitled to purchase and
(ii) JD’s shares already in its possession. The Group Company and the Founders jointly and severally undertake to Oriza that in the event any Group Company (A) grants, issues, or provides any existing Shareholder (other than JD) any
right, privilege or protection more favorable than those granted to Oriza or (B) grants, issues, or provides JD any right, privilege or protection more favorable than those granted to Oriza (other than those already provided under the
Transaction Documents (the “Oriza Favorable Terms”), then Oriza shall have the right to acquire such Oriza Favorable Terms and have them apply to (i) the shares Oriza is entitled to purchase and (ii) Oriza’s shares
already in its possession; provided that, in the case the purchase price per share paid by any new investor is lower than purchase price per share paid by Oriza, Oriza shall have the right to acquire any right, privilege or protection more favorable
than those granted to Oriza enjoyed by such new investor and have them apply to (i) the shares Oriza is entitled to purchase and (ii) Oriza’s shares already in its possession. 

  
 38 

 SECTION 13 

MISCELLANEOUS 

13.1    GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, CONSTRUED IN ACCORDANCE WITH, AND ENFORCED UNDER, THE
LAW OF HONG KONG. 
 13.2    Arbitration. 

(a)    Except as otherwise provided in this Agreement, any dispute, controversy or claim arising out of or in connection
with this Agreement, or the breach, termination or validity thereof, shall be finally settled by a board of arbitration consisting of three members (hereinafter referred to as the “Board of Arbitration”) under the rules of the
United Nations Commission on International Trade Law (“UNCITRAL”). The place of arbitration shall be in Hong Kong at the Hong Kong International Arbitration Centre (“HKIAC”), and the language used in the arbitral
proceedings shall be English. 
 (b)    The claimant or claimants (collectively) and the respondent or respondents
(collectively) in the arbitral proceeding shall each select one member to the Board of Arbitration and the third member shall be selected by mutual agreement of the other members, or if the other members fail to reach agreement on a third member
within twenty days after their selection, such third member shall thereafter be selected by the HKIAC upon application made to it for such purpose by the members. 

(c)    The arbitral proceeding shall accord the right of cross- examination of witnesses, the right to provide witnesses,
including expert witnesses, and the right to make both written and oral submissions. 
 (d)    The arbitral award made
and granted by the Board of Arbitration shall be final, binding and incontestable and may be used as a basis for judgment thereon in any court having jurisdiction. All costs of arbitration (including, without limitation, those incurred in the
appointment of arbitrator) shall be apportioned in the arbitral award. 
 (e)    No person who is, or has been, an
employee or agent of, or consultant or counsel to, the Shareholders, the Company or any of their respective Affiliates shall be eligible to act as an arbitrator at any time. 

(f)    This Agreement and the rights and obligations of the Shareholders and the Company shall remain in full force and
effect pending the award in any arbitration proceeding hereunder. 
 (g)    Notwithstanding this Section 12.2 or
any other provision to the contrary in this Agreement, no party shall be obligated to follow the foregoing arbitration procedures where such party intends to apply to any court of competent jurisdiction for an interim injunction or similar equitable
relief against any other party, provided there is no unreasonable delay in the prosecution of that application. 

  
 39 

 13.3    Except as otherwise provided herein, this Agreement and the
rights and obligations of the parties hereunder shall inure to the benefit of, and be binding upon, their respective successors, assigns and legal representatives, but shall not otherwise be for the benefit of any third party. The rights of any
Shareholder hereunder are assignable in connection with the transfer (subject to applicable securities and other laws) of Shares held by such Shareholder but only to the extent of such transfer; provided, however, that (i) the transferor shall,
prior to the effectiveness of such transfer, furnish to the Company written notice of the name and address of such transferee and the Shares that are being assigned to such transferee, and (ii) such transferee shall, concurrently with the
effectiveness of such transfer, become a party to this Agreement as an Ordinary Shareholder or Preferred Shareholder (as the case may be) and be subject to all applicable restrictions set forth in this Agreement, by executing a form of Joinder
substantially in form attached hereto as Exhibit A. This Agreement and the rights and obligations of any Party hereunder shall not otherwise be assigned without the mutual written consent of the other parties. 

13.4    All notices, demands and other communications provided for or permitted hereunder shall be made in writing and
shall be by facsimile, commercial express courier service, e-mail or personal delivery: 

(a)    if to the Company, any Group Company or Mr. Wu: 

c/o Oriental Standard Technology (Beijing) Co., Ltd. 

5/F No. 6 Haidian Zhong Street 

Haidian District, Beijing 100080 China 

Fax No.:[                ] 

Attention: Larry Wu 
 with a
copy to: 
 Han Kun Law Offices 

Suite 9069/F, Office Tower C1, Oriental Plaza 

1 East Chang An Avenue, Dongcheng District Beijing 1000738, China 

Fax No.: +86 10 8525 5511 
 E-mail: dafei.chen@hankunlaw.com 
 Attention: Chen Dafei 

  
 40 

 (b)    if to the Preferred Shareholders, at the Preferred
Shareholders’ addresses set forth on Schedule B, Schedule C, Schedule D, Schedule E and Schedule F hereto. 

(c)    if to FireDragon or Mr. Pan: 

[                     ] 

Tel: [             ] 

Fax: [             ] 

Attn: Pan Lianya 
 Email:
[                     ] 

(d)    if to Nuzad: 

[                 ] 

Tel: / Fax: / 
 Attn: YING
Zhizhao (应郅昭) 

Email: / 
 or to such other address or addresses
as shall have been furnished in writing to the other parties hereto. Each Shareholder agrees, at all times, to provide the Company with an address for notices hereunder. All such notices and communications shall be deemed to have been duly given:
when delivered by hand, if personally delivered; when delivered by courier, if delivered by commercial express courier service; or if faxed or e-mailed, when transmission is confirmed on sender’s fax
machine. 
 13.5    This Agreement constitutes the entire agreement among the Shareholders with respect to the subject
matter contained herein and supersedes any and all prior agreements or understandings (including without limitation, the Prior Agreement), oral or written, among any or all of the Shareholders relating to such subject matter and the subject matter
contained in Section 7.5 of the Series D Preferred Shares Subscription Agreement dated March 27, 2017 by and among the Group Company and certain other parties. Each of the Shareholders hereby further acknowledges and agrees that, except for
provisions set forth in the Transaction Documents, there is no any effective agreements, commitments, statements, warranties or arrangements, whether oral or written, related to transfer of Shares and/or options, the adjustment of Shares or
valuation of the Company or any other valuation adjustment by and among any Group Company, any Shareholder and/or certain other parties prior to the Closing Date. 

  
 41 

 13.6    Facsimile transmissions of any executed original document and/or
retransmission of any executed facsimile transmission shall be deemed to be the same as the delivery of an executed original. At the request of any party hereto, the other parties hereto shall confirm facsimile transmissions by executing duplicate
original documents and delivering the same to the requesting party or parties. This Agreement may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed shall be deemed to be an
original and all of which taken together shall constitute one and the same agreement. 
 13.7    If any one or more of
the provisions contained in this Agreement, or the application thereof in any circumstance, is held invalid, illegal or unenforceable in any respect for any reason, the validity, legality and enforceability of any such provision in every other
respect and of the remaining provisions hereof shall not be in any way impaired, unless the provisions held invalid, illegal or unenforceable shall substantially impair the benefits of the remaining provisions of this Agreement. The parties hereto
further agree to replace such invalid, illegal or unenforceable provision of this Agreement with a valid, legal and enforceable provision that will achieve, to the extent possible, the economic, business and other purposes of such invalid, illegal
or unenforceable provision. 
 13.8    This Agreement (including the exhibits hereto, if any) constitutes the full and
entire understanding and agreement among the parties with regard to the subjects hereof and thereof. Any term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular
instance and either retroactively or prospectively) only with the written consent of the Company and the Preferred Majority Holders and the holders of at least fifty-one percent (51%) of the Ordinary Shares
(calculated on an as-converted basis). Notwithstanding the foregoing, (a) the provisions of Section 5.1(A) may be amended and the observance of any term thereof may be waived (either generally or in
a particular instance and either retroactively or prospectively) only with the written consent of DCM, (b) the provisions of Section 5.1(B) may be amended and the observance of any term thereof may be waived (either generally or in a
particular instance and either retroactively or prospectively) only with the written consent of Red Star, (c) the provisions of Section 5.1(C), Section 12.1 and Section 12.2 may be amended and the observance of any term thereof
may be waived (either generally or in a particular instance and either retroactively or prospectively) only with the written consent of JD, and (d) no amendment or waiver shall be effective or enforceable in respect of Oriza if such amendment
or waiver adversely and materially affects Oriza or in a manner different from other holders of the same class or series of Shares as Oriza holds; (e) no amendment or waiver shall be effective or enforceable in respect of any Shareholder if
such amendment or waiver affects such Shareholder materially, unless with such Shareholder’s consents in writing to such amendment or waiver. Any amendment or waiver effected in accordance with this paragraph shall be binding upon each Party
hereunder. 

  
 42 

 13.9    The Company shall use its best endeavors to procure all future
holders of the Company’s Ordinary Share to enter into this Agreement and subject to the terms and conditions hereof as an Ordinary Shareholder. The Preferred Shareholders and Company hereby agree that such holders of Ordinary Shares may become
parties to this Agreement by executing a counterpart of this Agreement, without any amendment of this Agreement, pursuant to this Section or any consent or approval of any other Preferred Shareholder. 

13.10    If, during the continuance of this Agreement, there shall be any conflict between the provisions of this
Agreement and the provisions of the Articles of Association then, during such period, the provisions of this Agreement shall prevail as between the Shareholders only over the Articles of Association and in the event of such conflict the Shareholders
shall procure at the request of any of the Shareholders such modification to the Articles of Association as shall be necessary to cure such conflict to the fullest extent permissible by law. The Shareholders will not, by amendment of the Articles of
Association or through any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other action, avoid or seek to avoid the observance or performance of any term of this Agreement or the Articles of
Association, but will at all times in good faith assist in the carrying out of all such terms and in the taking of all such action as may be necessary or appropriate in order to protect the rights of the holders of Preferred Shares against dilution
or other impairment. Without limiting the generality of the foregoing, the Company (a) will not increase the par value of any shares receivable on the conversion of the Preferred Shares, (b) will at all times reserve and keep
available the maximum number of its authorized Ordinary Shares, free from all preemptive rights therein, which will be sufficient to permit the full conversion of the Preferred Shares, and (c) will take such action as may be necessary or
appropriate in order that all Ordinary Shares as may be issued pursuant to the conversion of the Preferred Shares will, upon issuance, be duly and validly issued, fully paid and nonassessable, and free from all taxes, Liens and charges with respect
to the issue thereof. 

  
 43 

 [SIGNATURE PAGE FOLLOWS] 

  
 44 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE COMPANY:
	
	Oriental Standard Human Resources Holdings Limited
		
	By:	 	 /s/ Wu Lei

	Name:	 	Wu Lei
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE FOUNDERS:
	
	Wu Lei
		
	By:	 	 /s/ Wu Lei

	Name:	 	Wu Lei
	
	Talent Boom Group Limited
		
	By:	 	 /s/ Wu Lei

	Name:	 	Wu Lei
	Title:	 	Authorized Signatory
	
	Ji Xiang Hu Tong Holdings Limited
		
	By:	 	 /s/ Wu Lei

	Name:	 	Wu Lei
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE FOUNDERS:
	
	Pan Lianya
		
	By:	 	 /s/ Pan Lianya

	Name:	 	Pan Lianya
	
	FireDragon Holdings Inc.
		
	By:	 	 /s/ Pan Lianya

	Name:	 	Pan Lianya
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE OS SUBSIDIARIES:
	
	Comptree International
		
	By:	 	 /s/ Wu Lei

	Name:	 	Wu Lei
	Title:	 	Authorized Signatory
	
	Comptree Inc
		
	By:	 	 /s/ Joseph Huang

	Name:	 	Joseph Huang
	Title:	 	Authorized Signatory
	
	Tmall Inc.
		
	By:	 	 /s/ Joseph Huang

	Name:	 	Joseph Huang
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE OS SUBSIDIARIES:
	
	Oriental Standard (Japan) Limited
		
	By:	 	 /s/ Wu Lei

	Name:	 	Wu Lei
	Title:	 	Authorized Signatory
	
	BTM (Japan) Limited
		
	By:	 	 /s/ Wang Xubin

	Name:	 	Wang Xubin (王旭滨)
	Title:	 	Authorized Signatory
	
	Giga Cloud Logistics (Hong Kong) Limited
		
	By:	 	 /s/ Wu Lei

	Name:	 	Wu Lei
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE OS SUBSIDIARIES:
	
	 

 (English translation: Oriental Standard Network Technology (Suzhou) Co., Ltd.)

	
	(Company Seal)
	
	Company seal is affixed

 
			
		
	By:	 	 /s/ Hao Xinya

	Name:	 	Hao Xinya (郝心言)
	Title:	 	Legal Representative

 
			
	
	 

 (English translation: Oriental Standard Technology (Beijing) Co., Ltd.)

	
	(Company Seal)
	
	Company seal is affixed

 
			
		
	By:	 	 /s/ Wu Lei

	Name:	 	Wu Lei
	Title:	 	Legal Representative

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE CONTROLLED AFFILIATES:
	
	Blitz Distribution GmbH
		
	By:	 	 /s/ Dong Chao

	Name:	 	Dong Chao (董超)
	Title:	 	Authorized Signatory
	
	DECOBUS HANDEL GMBH
		
	By:	 	 /s/ Wan Xin

	Name:	 	Wan Xin (万欣)
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE CONTROLLED AFFILIATES:
	
	BTM株式会社
	(English translation: BTM Co., Ltd.)
		
	By:	 	 /s/ Wang Xubin

	Name:	 	Wang Xubin (王旭滨)
	Title:	 	Authorized Signatory
	
	

	
	(English translation: DAIKENUNSOH Co., Ltd.)
		
	By:	 	 /s/ Chu Letu

	Name:	 	Chu Letu (楚勒图)
	Title:	 	Authorized Signatory
	
	GIGA CLOUD LOGISTICS INC
		
	By:	 	 /s/ Xu Kunming

	Name:	 	Xu Kunming (徐坤明)
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE CONTROLLED AFFILIATES:
	
	B.T.M TRAVEL AND TRADING LTD
		
	By:	 	 /s/ Zhang Yin

	Name:	 	Zhang Yin (章寅)
	Title:	 	Authorized Signatory
	
	COMHARBOR LIMITED
		
	By:	 	 /s/ Zhang Yin

	Name:	 	Zhang Yin (章寅)
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE CONTROLLED AFFILIATES:
	
	BRIHOME LIMITED
		
	By:	 	 /s/ Xu Nuo

	Name:	 	Xu Nuo (徐诺)
	Title:	 	Authorized Signatory
	
	Công ty TNHHTMDV Comptree Viêt Nam
		
	By:	 	 /s/ Le Thi Kim Thoa

	Name:	 	Le Thi Kim Thoa
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE CONTROLLED AFFILIATES:
	
	
苏州大健云仓国际货运代理有限公司
 
 (English translation: Suzhou Dajianyun Transport Co., Ltd.)

	
	(Corporate Seal)
	
	Company seal is affixed
		
	By:	 	 /s/ Xu Kunming

	Name:	 	Xu Kunming (徐坤明)
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	Nuzad:
	
	Nuzad Limited
		
	By:	 	 /s/ Ying Zhizhao

	Name:	 	YING Zhizhao (应郅昭)
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	DCM:
	
	DCM IV, L.P.
		
	By:	 	 /s/ Matthew C. Bonner

	Name:	 	Matthew C. Bonner
	Title:	 	Authorized Signatory
	
	DCM Affiliates Fund IV, L.P.
		
	By:	 	 /s/ Matthew C. Bonner

	Name:	 	Matthew C. Bonner
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	Buhuovc:
	
	Buhuovc Limited Partnership
		
	By:	 	 /s/ Li Zhujie

	Name:	 	Li Zhujie (李祝捷)
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	Tuyu:
	
	RS Tuyu Enterprise Management Consulting Limited
		
	By:	 	 /s/ Chen Long

	Name:	 	陈珑 (English translation: Chen Long)
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	RED STAR:
	
	Hong Kong Red Star Macalline Universal Home Furnishings Limited
(香港红星美凯龙全球家居有限公司)
		
	By:	 	 /s/ Che Jianxing

	Name:	 	CHE, Jianxing (车建兴)
	Title:	 	Director

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	JD:
	
	Honeysuckle Creek Limited
		
	By:	 	 /s/ Wang Nani

	Name:	 	Wang Nani
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	ORIZA:
	
	HUA YUAN INTERNATIONAL LIMITED
	
	Company seal is affixed
		
	By:	 	 /s/ Liu Chengwei

	Name:	 	Liu Chengwei (刘澄伟)
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO SHAREHOLDERS AGREEMENT 

 SCHEDULE I 

LIST OF OS SUBSIDIARIES 

 SCHEDULE II 

LIST OF CONTROLLED AFFILIATES 

 SCHEDULE A 

ORDINARY SHAREHOLDER 

 SCHEDULE B 

SERIES A SHAREHOLDERS 

 SCHEDULE C 

SERIES B SHAREHOLDERS 

 SCHEDULE D 

SERIES C SHAREHOLDERS 

 SCHEDULE E 

SERIES D SHAREHOLDERS 

 SCHEDULE F 

SERIES E SHAREHOLDERS 

 Exhibit A 

EXHIBIT A-1 

FORM OF JOINDER - ORDINARY SHAREHOLDER 

 Exhibit A 

EXHIBIT A-2 

FORM OF JOINDER – PREFERRED SHAREHOLDER 

 Exhibit B 

LIST OF JD ADVERSE PERSONSEX-4.5

 Exhibit 4.5 

FOURTH AMENDED AND RESTATED 

REGISTRATION RIGHTS AGREEMENT 

by and among 
 Oriental Standard
Human Resources Holdings Limited 
 Wu Lei 

Talent Boom Group Limited 
 Ji
Xiang Hu Tong Holdings Limited 
 Pan Lianya 

FireDragon Holdings Inc. 
 DCM IV,
L.P. 
 DCM Affiliates Fund IV, L.P. 

Hong Kong Red Star Macalline Universal Home Furnishings Limited 

Honeysuckle Creek Limited 

Buhuovc Limited Partnership 
 RS
Tuyu Enterprise Management Consulting Limited 
 AND 

HUA YUAN INTERNATIONAL LIMITED 
  

 
 Dated February 28, 2021 

 FOURTH AMENDED AND RESTATED 

REGISTRATION RIGHTS AGREEMENT 
 This Fourth
Amended and Restated Registration Rights Agreement (this “Agreement”), dated February 28, 2021, is made and entered into by and among: 
  

	1.	 Oriental Standard Human Resources Holdings Limited, an exempted company with limited liability organized and
existing under the laws of the Cayman Islands (the “Company”); 

  

	2.	 DCM IV, L.P. and DCM Affiliates Fund IV, L.P., each a partnership duly formed and validity existing under the
laws of the Cayman Islands (collectively, “DCM”); 

  

	3.	 Hong Kong Red Star Macalline Universal Home Furnishings Limited (香港红星美凯龙全球家居有限公司), a company incorporated under the Laws of the Hong Kong (“Red
Star”); 

  

	4.	 Wu Lei, a Hong Kong citizen with passport
number                (“Mr. Wu”); 

  

	5.	 Talent Boom Group Limited, a company with limited liability organized and existing under the law of the British
Virgin Islands (“Talent Boom”); 

  

	6.	 Ji Xiang Hu Tong Holdings Limited, a company organized under the Laws of the British Virgin Islands;

  

	7.	 Pan Lianya, a U.S. citizen with passport
number                (“Mr. Pan” and collectively with Mr. Wu, Talent Boom, Ji Xiang Hu Tong Holdings Limited and FireDragon,
the “Founders” and individually, a “Founder”); 

  

	8.	 FireDragon Holdings Inc., a company with limited liability organized and existing under the law of the British
Virgin Islands (“FireDragon”); 

  

	9.	 Honeysuckle Creek Limited, a company with limited liability incorporated and validity existing under the laws
of British Virgin Islands (“JD”); 

  

	10.	 HUA YUAN INTERNATIONAL LIMITED, a company incorporated and validity existing under the laws of Hong Kong
(“Oriza”); 

  

	11.	 Buhuovc Limited Partnership, a limited partnership incorporated and validly existing under the laws of the
Cayman Islands (“Buhuovc”); 

  
 1 

	12.	 RS Tuyu Enterprise Management Consulting Limited, a private company incorporated and existing under the laws of
Hong Kong (“Tuyu”). 

 WHEREAS, pursuant to the terms and conditions of the Series E Preferred
Shares Subscription Agreement (the “Subscription Agreement”), dated November 24, 2020, by and among the Company, JD and certain other parties thereto, upon the Closing (as defined in the Subscription Agreement) and certain
shares transfer agreements by and among the Company, DT Ventures China Fund II, L.P. and/or DT eCommerce Investment Limited, JD/ Oriza / Buhuovc / Tuyu, and certain other parties (as applicable, collectively, the “Shares Transfer
Agreements”), and JD shall hold (i) at aggregate of 1,359,901,308 Series E Shares (as defined below) of the Company; (ii) at aggregate of 6,008,640 Series A Shares (as defined below) of the Company; (iii) at aggregate of
146,853,065 Series B Shares (as defined below) of the Company; and (iv) at aggregate of 592,904,279 Series C Shares (as defined below) of the Company, and Oriza shall hold (i) at aggregate of 639,953,557 Series E Shares of the Company; and
(ii) at aggregate of 1,143,182,601 Series C Shares (as defined below) of the Company, and Buhuovc shall hold at aggregate of 767,296,985 Series B Shares (as defined below) of the Company, and Tuyu shall hold (i) at aggregate of 14,020,160
Series A Shares; (ii) at aggregate of 342,657,150 Series B Shares; and (iii) at aggregate of 443,264,635 Series C Shares. 

WHEREAS, the Company, DCM, Red Star, JD and certain other parties thereto entered into a Fifth Amended and Restated Shareholders
Agreement (the “Shareholders Agreement” capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to them in the Shareholders Agreement), dated February 28, 2021; and 

WHEREAS, the Company and the Preferred Shareholders desire to provide for the circumstances under which the Company will register
securities of the Company on behalf of the Preferred Shareholders or their successors or permitted assigns. 
 NOW, THEREFORE, in
consideration of the foregoing premises and of the mutual covenants and obligations hereinafter set forth, the Company hereby covenants and agrees with the other parties hereto as follows: 

SECTION 1. DEFINITIONS AND INTERPRETATION 

1.1    As used in this Agreement, and unless the context requires a different meaning, the following terms shall have the
following respective meanings: 
 “Articles of Association” shall mean the Sixth Amended and Restated Memorandum and
Articles of Association of the Company as in effect on February 28, 2021 and as amended and restated thereafter. 

  
 2 

 “Board” shall mean the board of directors of the Company. 

“Commission” shall mean the United States Securities and Exchange Commission or any successor agency. 

“Exchange Act” shall mean the United States Securities Exchange Act of 1934, as amended. 

“Initial Offering” shall mean the Company’s first firm commitment underwritten public offering of the Ordinary Shares
under the Securities Act. 
 “Ordinary Shares” shall mean the ordinary shares, par value 0.0001 per share, of the Company.

 “Preferred Majority Holders” shall mean the holders representing seventy-five percent (75%) of the Series A Shares, the
Series B Shares, the Series C Shares and the Series D Shares then outstanding, voting as a single class on an as converted basis and the holders representing fifty percent (50%) of the Series E Shares then outstanding, voting as a single class on an
as converted basis. 
 “Qualified IPO” shall mean a firm-commitment public offering by the Company of its Ordinary Shares
that (i) has been registered under the Securities Act on the Nasdaq National Market System or New York Stock Exchange in the U.S., the Main-Board Market or the Growth Enterprise Market in Hong Kong or mainland of the PRC, and by a prestigious
investment bank as the underwriter, as approved by the majority of the members of the Board, including at least two (2) Preferred Directors, or (ii) has been registered under any similar act on any other exchange in any other jurisdiction
(or any combination of such exchanges and jurisdictions), and by a prestigious investment bank as the underwriter, as approved by the majority of the members of the Board, including at least two (2) Preferred Directors, (ii) which results
in the Ordinary Shares trading publicly immediately after such registration or the shortest lockup period, and (iii) in each case at a price per share implying a pre-money valuation of the Company of at
least RMB3.5 billion or equivalent US dollars and yielding gross proceeds to the Company of not less than RMB300 million or equivalent US dollars. 

“Requesting Holder” shall have the meaning ascribed to in Section 2.1 of this Agreement. 

“Request Notice” shall have the meaning ascribed to in Section 2.1 of this Agreement. 

  
 3 

 “Registration Expenses” shall mean expenses so described in Section 5
hereof. 
 “Restricted Securities” shall mean the Series A Shares, the Series B Shares, the Series C Shares, the Series D
Shares, the Series E Shares and the Restricted Shares. 
 “Restricted Shares” shall mean any and all Ordinary Shares into
which the Preferred Shares are convertible (the “Conversion Shares”) and any equity capital or other securities issued or issuable with respect to such Preferred Shares or Conversion Shares by way of a share dividend or share split
or in connection with a combination of shares, recapitalization, merger, conversion, consolidation or other reorganization. 

“Securities Act” shall mean the United States Securities Act of 1933, as amended. 

“Selling Expenses” shall mean the expenses so described in Section 5 hereof. 

“Series A Shares” shall mean the series A redeemable convertible preferred shares, par value US$0.0001 per share, of the
Company. 
 “Series B Shares” shall mean the series B redeemable convertible preferred shares, par value US$0.0001 per
share, of the Company. 
 “Series C Shares” shall mean the series C redeemable convertible preferred shares, par value
US$0.0001 per share, of the Company. 
 “Series D Shares” shall mean the series D redeemable convertible preferred shares,
par value US$0.0001 per share, of the Company. 
 “Series E Shares” shall mean the series E redeemable convertible
preferred shares, par value US$0.0001 per share, of the Company. 
 1.2    All references herein to “Forms” or
“Rules” refer to the relevant Form or Rule, as the case may be, promulgated by the Commission. 
 1.3    For
the purposes of this Agreement, reference to registration of securities under the Securities Act and the Exchange Act shall also include the equivalent registration in a jurisdiction other than the United States as designated by such holders of
Restricted Securities, it being understood and agreed that in each such event all references in this Agreement to the Securities Act, the Exchange Act and rules, forms of registration statements and registration of securities thereunder, and to laws
of the United States and the Commission, shall be deemed to refer to the equivalent statutes, rules, forms of registration statements, registration of securities and laws of and equivalent government authority in the applicable non-U.S. jurisdiction. 

  
 4 

 SECTION 2.    DEMAND REGISTRATION 

2.1    At any time beginning after the earlier of three (3) years from the date hereof or six (6) months
following the completion of the Initial Offering, the holders of at least fifteen percent (15%) of the Restricted Securities (each a “Requesting Holder”) may, by written notice, request that the Company effect a registration in any
jurisdiction in which the Company has had a registered underwritten public offering (or, if the Company has not yet had a registered underwritten public offering, then such request may be to effect such registration on the New York Stock Exchange or
the NASDAQ National Market System), of all or any portion of the Restricted Shares held by such Requesting Holder (or which would be held by such Requesting Holder, upon conversion of the Preferred Shares owned by such Requesting Holder) (the
“Request Notice”), including without limitation any registration statement filed under the Securities Act providing for the registration of, and the sale on a continuous or delayed basis by the Requesting Holder of, all of the
Restricted Securities pursuant to Rule 415 under the Securities Act and/or any similar rule that may be adopted by the Commission on Form F-1 or Form S-1 (or any
comparable form for registration in a jurisdiction other than the United States, if applicable) for sale in the manner specified in such notice; provided, however, that the Company shall not be obligated to register Restricted Shares
pursuant to such request: (i) subject to Section 3.1 below, during the period beginning thirty (30) days prior to the filing, and ending on a date ninety (90) days following the effective date, of a registration statement filed by the
Company relating to an underwritten offering only of the Company’s equity capital (other than a registration statement for the Company’s equity capital which does not give rise to incidental registration rights pursuant to Section 3.1
below); provided, however, that, within ten (10) days of the receipt of any request of the Requesting Holders to register Restricted Shares pursuant to this Section 2.1 the Company gives notice to the Requesting Holders of
its intent to file such registration statement; and provided further that the Company is actively employing in good faith its best efforts to cause such registration statement to become effective within sixty (60) days of the initial
filing; or (ii) if external U.S. counsel to the Company of reputable standing opines to the Requesting Holders within fifteen (15) days of the relevant request that the filing of such a registration statement would require the disclosure
of material non-public information about the Company that the Company is not otherwise required to disclose, the disclosure of which could have a material adverse effect on the business or financial condition
of the Company, in which event no such registration statement need be filed until the earlier of the lapse of sixty (60) days from the issuance of the opinion of counsel or such time as the information is no longer required to be disclosed, is
not material or non-public, or its disclosure would not have a material adverse effect on the business or financial condition of the Company; provided, however, that the Company may not exercise
its right under this clause (ii) more than once in any 12-month period. Notwithstanding anything to the contrary contained herein, no request may be made under this Section 2 within one hundred and
eighty (180) days after the effective date of a registration statement filed by the Company covering a firm commitment underwritten public offering in which the holders of Restricted Shares shall have been entitled to join pursuant to this
Section 2.1 or Section 3 hereof and in which there shall have been effectively registered all Restricted Shares as to which registration shall have been so requested. Notwithstanding the foregoing, the Company shall have no obligation to
effect a registration under this Section 2.1 unless the aggregate offering price of the securities requested to be sold pursuant to such registration is, in the good faith judgment of the Board, expected to be equal to or greater than US$5,000,000.

  
 5 

 2.2    Promptly following receipt of any Request Notice under
Section 2.1, the Company shall immediately (no later than five (5) Business Days) notify all other holders of Restricted Shares from whom notice has not been received and shall file and use its best efforts to have declared effective a
registration statement under the Securities Act (or comparable law in a jurisdiction other than the United States) for the public sale, in accordance with the method of disposition specified in such notice from the Requesting Holders, of the number
of Restricted Shares specified in the Request Notice (and in any notices received from other holders of Restricted Shares within twenty (20) days after the receipt of the Request Notice by the Company). If such method of disposition shall be an
underwritten public offering, the Holders of a majority of the Restricted Shares that are included in such offering may designate the managing underwriter of such offering, subject to the approval of the Company, which approval shall not be
unreasonably withheld or delayed. The number of Restricted Shares to be included in such an underwriting may be reduced (pro rata among all holders requesting, under this Section 2, to participate in such registration) if and to the
extent that the managing underwriter shall be of the opinion that such inclusion would adversely affect the marketing of the securities to be sold therein; provided, however, that in no event shall Restricted Shares be excluded from
such underwriting unless all other securities are first excluded. With respect to the preceding sentence, if the Company elects to reduce pro rata the amount of Restricted Shares proposed to be offered in the underwriting, for purposes of
making any such reduction, each holder of Restricted Shares which is a partnership, together with the affiliates, partners, employees, retired partners and retired employees of such holder, the estates and family members of any such partners,
employees, retired partners and retired employees and of their spouses, and any trusts for the benefit of any of the foregoing persons shall be deemed to be a single “person”, and any pro rata reduction with respect to such
“person” shall be based upon the aggregate number of Restricted Shares owned by all entities and individuals included as such “person,” as defined in this sentence (and the aggregate number so allocated to such “person”
shall be allocated among the entities and individuals included in such “person” in such manner as such holder of Restricted Shares may reasonably determine). The Company shall not be obligated to effect more than three (3)) such demand
registrations pursuant to this Section 2; provided, however, that as to each such occasion such obligation shall be deemed satisfied only when a registration statement covering at least seventy-five percent (75%) of the Restricted
Shares specified in notices received as aforesaid, for sale in accordance with the method of disposition specified by the Requesting Holders, shall have become effective and, if such method of disposition is a firm commitment underwritten public
offering, all such Restricted Shares shall have been sold pursuant thereto. No inclusion of Restricted Shares held by holders other than the Requesting Holder in a registration statement pursuant to this Section 2.2 shall be counted towards the
fulfillment of the Company’s obligation to file registration statements under Section 2. 

  
 6 

 2.3    The Company shall be entitled to include in any registration
statement referred to in this Section 2 for which the method of distribution is an underwritten public offering, for sale in accordance with the method of disposition specified by the Requesting Holders, Ordinary Shares to be sold by the
Company for its own account, except as and to the extent that, in the opinion of the managing underwriter (if such method of disposition shall be an underwritten public offering), such inclusion would adversely affect the marketing of the Restricted
Shares to be sold or exclude any Restricted Shares from such underwriting. Except as set forth in this Section 2, no securities shall be included in any registration statement referred to in this Section 2 without the prior written consent
of the Requesting Holders. Except with respect to registration statements on Form S-8, the Company will not file with the Commission any other registration statement with respect to its Ordinary Shares,
whether for its own account or that of other shareholders, from the date of receipt of the Request Notice from Requesting Holders pursuant to this Section 2 until the completion of the period of distribution of the registration contemplated
thereby. 
 SECTION 3. INCIDENTAL REGISTRATION; FORM S-3 OR
F-3 REGISTRATION 
 3.1.    If the Company at any time (other than pursuant
to Section 2 hereof) proposes to register any of its securities under the Securities Act (or similar law in a jurisdiction other than the United States) for sale to the public, whether for its own account or for the account of any security
holders other than the holders of Restricted Securities or both (except with respect to registration statements on Form S-8 or for a Rule 145 transaction), each such time it will give prompt written notice to
all holders of Restricted Shares of its intention to do so. Upon the written request of any such holder, given within twenty (20) days after the date of receipt of any such notice, to register any of its Restricted Shares (which request shall
state the intended method of disposition thereof), the Company will cause to be registered all of the Restricted Shares that each such holder requested to be registered, all to the extent requisite to permit the sale or other disposition by the
holder (in accordance with its written request) of such Restricted Shares so registered. In the event that any registration pursuant to this Section 3 shall be, in whole or in part, an underwritten public offering of Ordinary Shares, any
request by a holder pursuant to this Section 3 to register Restricted Shares shall specify that either (i) such Restricted Shares are to be included in the underwriting on the same terms and conditions as the Ordinary Shares otherwise
being sold through underwriters under such registration or (ii) such Restricted Shares are to be sold in the open market without any underwriting, on terms and conditions comparable to those normally applicable to offerings of common
stock or ordinary shares in reasonably similar circumstances. The number of Ordinary Shares, including, without limitation Restricted Shares, to be included in such an underwriting may be reduced (pro rata among the Requesting Holders of
Restricted Shares) if and to the extent that the managing underwriter shall be of the opinion that such inclusion would adversely affect the marketing of the securities to be sold by the Company therein; provided, however, that at
least seventy-five percent (75%) of the Restricted Shares requested to be included by such Requesting Holders shall be included in such underwriting; provided, further, that if any shares are to be included in such underwriting for the
account of any person other than the Company, the number of shares to be included by any such person shall be reduced first to zero, if necessary, before any Restricted Shares are reduced. With respect to the provision of the preceding sentence, if
the Company elects to reduce pro rata the amount of Restricted Shares proposed to be offered in the underwriting for the accounts of all persons other than the Company, for purposes of making any such reduction, each holder of Restricted
Shares which is a partnership, together with the affiliates, partners, employees, retired partners and retired employees of such holder, the estates and family members of any such partners, employees, retired partners and retired employees and of
their spouses, and any trusts for the benefit of any of the foregoing persons shall be deemed to be a single “person,” and any pro rata reduction with respect to such “person” shall be based upon the aggregate number of
Restricted Shares owned by all entities and individuals included as such “person”, as defined in this sentence (and the aggregate number so allocated to such “person” shall be allocated among the entities and individuals included
in such “person” in such manner as such holder of Restricted Shares may reasonably determine). No inclusion of Restricted Shares in a registration statement pursuant to this Section 3.1 shall be counted towards the fulfillment of the
Company’s obligation to file registration statements under Section 2 hereof. 

  
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 3.2.    If, at a time when Form
S-3 or F-3 (or any comparable form for registration in a jurisdiction other than the United States) is available for such registration, if the Company receives from any
holder of Restricted Shares a written request or requests that the Company effect a registration on Form S-3 or F-3 (or any comparable form for registration in a
jurisdiction other than the United States) of any of such holder’s Restricted Shares, the Company shall promptly give written notice of the proposed registration to all other holders of Restricted Securities and, as soon as practicable, effect
such registration and all such related qualifications and compliances as may be requested and as would permit or facilitate the sale and distribution of all Restricted Shares as are specified in such request and any written requests of other holders
of Restricted Shares given within twenty (20) days after receipt of such notice. The Company shall have no obligation to effect a registration under this Section 3.2 unless either (i) a majority of the outstanding Restricted Shares
are requested to be sold pursuant to such registration or (ii) the aggregate offering price of the securities requested to be sold pursuant to such registration is, in the good faith judgment of the Board, expected to be equal to or
greater than US$2,000,000. Any registration under this Section 3.2 will not be counted as a registration under Section 2 above. 

  
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 SECTION 4. REGISTRATION PROCEDURES 

If and whenever the Company is required by the provisions of Section 2 or 3 hereof to effect the registration of any Restricted Shares
under the Securities Act (or similar law if in a jurisdiction other than the United States), the Company will, as expeditiously as possible: 

4.1    Prepare and file with the Commission a registration statement (which, in the case of an underwritten public offering
pursuant to Section 2 hereof, shall be on Form S-1 or F-1 (or any comparable form for registration in a jurisdiction other than the United States) or other form of
general applicability satisfactory to the managing underwriter selected as therein provided) with respect to such securities and use its best efforts to cause such registration statement to become and remain effective (provided that before filing a
registration statement or any amendments or supplements thereto, the Company will furnish to the counsel selected by the holders of a majority of the Restricted Shares covered by such registration statement copies of all such documents and include
any reasonable comments of such counsel in such document) for the period of the distribution contemplated thereby (determined as hereinafter provided); 

4.2    Prepare and file with the Commission such amendments and supplements to such registration statement and the
prospectus used in connection therewith as may be necessary to keep such registration statement effective for the period specified in Section 4.1 above and as to comply with the provisions of the Securities Act (or similar Law if in a
jurisdiction other than the United States) with respect to the disposition of all Restricted Shares covered by such registration statement in accordance with the sellers’ intended method of disposition set forth in such registration statement
for such period; 
 4.3    Furnish to each seller and to each underwriter such number of copies of the registration
statement and the prospectus included therein (including each preliminary prospectus and any amendment or supplement thereto) and such other documents as such persons may reasonably request in order to facilitate the public sale or other disposition
of the Restricted Shares covered by such registration statement; 

  
 9 

 4.4    Use its best efforts to register or qualify the Restricted Shares
covered by such registration statement under the securities or blue sky Laws, if applicable, of such jurisdictions as the sellers of Restricted Shares or, in the case of an underwritten public offering, the managing underwriter shall reasonably
request and do any and all other acts and things which are reasonably necessary or advisable to enable such seller to consummate the disposition in such jurisdictions of the Restricted Shares owned by such seller (provided that the Company will not
be required to (i) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this subsection or (ii) consent to general service of process (i.e., service of process which is not
limited solely to securities law violations) in any such jurisdiction, unless the Company is already subject to service in such jurisdiction and except as may be required by the Securities Act or similar Law if in a jurisdiction other than the
United States); 
 4.5    Immediately notify each seller under such registration statement and each underwriter, at any
time when a prospectus relating thereto is required to be delivered under the Securities Act (or similar Law if in a jurisdiction other than the United States), of the happening of any event as a result of which the prospectus contained in such
registration statement, as then in effect, includes an untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances
then existing and, at the request of any seller, the Company will promptly prepare a supplement or amendment to such registration statement so that, as thereafter delivered to the purchasers of such Restricted Shares, such registration statement
will not contain an untrue statement of a material fact or omit to state any fact necessary to make the statements therein not misleading; 

4.6    Furnish, at the request of any seller, on the date that Restricted Shares are delivered to the underwriters for
sale pursuant to such registration: (i) an opinion dated such date of external counsel from the U.S. or the relevant jurisdiction of reputable standing, representing the Company for the purposes of such registration, in form and substance as is
customarily given to underwriters in an underwritten public offering and reasonably satisfactory to holders of at least seventy-five percent (75%) of the Restricted Shares requesting registration, addressed to the underwriters and to such seller,
(A) stating that such registration statement has become effective under the Securities Act (or similar Law if in a jurisdiction other than the United States), (B) stating that, to the best knowledge of such counsel, no stop order
suspending the effectiveness thereof has been issued and no proceedings for that purpose have been instituted or are pending or contemplated under the Securities Act (or similar Law if in a jurisdiction other than the United States), (C)
stating that the registration statement and the related prospectus, and each amendment or supplement thereof, comply as to form in all material respects with the requirements of the Securities Act (or similar Law if in a jurisdiction other than the
United States) and the applicable rules and regulations of the Commission thereunder (except that such counsel need not express any opinion as to financial statements contained therein), (D) containing a
10b-5 opinion in customary form and (E) to such other effects as may reasonably be requested by counsel for the underwriters or by such seller or its counsel, and (ii) a letter dated
such date from the independent public accountants retained by the Company, in form and substance as is customarily given by independent certified public accountants to underwriters in an underwritten public offering and reasonably satisfactory to
holders of at least seventy-five percent (75%) of the Restricted Shares requesting registration, addressed to the underwriters and to such seller, (A) stating that they are independent public accountants within the meaning of the
Securities Act (or similar Law if in a jurisdiction other than the United States) and that, in the opinion of such accountants, the financial statements of the Company included in the registration statement or the prospectus, or any amendment or
supplement thereof, comply as to form in all material respects with the applicable accounting requirements of the Securities Act (or similar Law if in a jurisdiction other than the United States), and such letter shall additionally cover such other
financial matters (including information as to the period ending no more than five business days prior to the date of such letter) with respect to the registration in respect of which such letter is being given as such underwriters or such seller
may reasonably request, and (B) containing “cold comfort” language covering such matters of the type customarily covered by “cold comfort” letters as the holders of a majority in nominal value of the Restricted Shares
being sold reasonably request; 

  
 10 

 4.7    Make available for inspection by each seller, any underwriter
participating in any distribution pursuant to such registration statement, and any attorney, accountant or other agent retained by such seller or underwriter, all financial and other records, pertinent corporate documents and properties of the
Company, and cause the Company’s officers, directors, employees, public accountants, attorneys and financial advisors to supply all information reasonably requested by any such seller, underwriter, attorney, accountant or agent in connection
with such registration statement; 
 4.8    Use its best efforts to cause all such Restricted Shares to be listed on a
recognized U.S. share exchange or traded on a U.S. inter-dealer quotation system and, if similar securities issued by the Company are already so listed, on each securities exchange or inter-dealer quotation system on which similar securities issued
by the Company are then listed or traded; 
 4.9    Provide a transfer agent and registrar and CUSIP number for all such
Restricted Shares not later than the printing of any preliminary prospectus; 
 4.10    Assist any underwriter or seller
participating in such registration or offering in its marketing efforts with prospective investors by causing the Company’s officers, directors and employees to participate in marketing efforts, including “roadshow” presentations in
various major national and international centers, in connection with any offering; 

  
 11 

 4.11    Otherwise use its best efforts to comply with all applicable
rules and regulations of the Commission or any other applicable regulatory authority, and make available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least twelve months beginning with
the first day of the Company’s first full calendar quarter after the effective date of the registration statement, which earnings statement shall satisfy the provisions of Section 11(a) of the Securities Act (or similar Law if in a
jurisdiction other than the United States) and Rule 158 promulgated thereunder; 
 4.12    Permit any seller, which
seller, in its sole and exclusive judgment, might be deemed to be an underwriter or a controlling person of the Company, to participate in the preparation of such registration statement and to require the insertion therein of material furnished to
the Company in writing, which in the reasonable judgment of such holder and its counsel should be included and which material has been approved by the Company, such approval not to be unreasonably withheld or delayed; 

4.13    In the event of the issuance of any stop order suspending the effectiveness of a registration statement, or of any
order suspending or preventing the use of any related offering document or suspending the qualification of any Restricted Securities included in such registration statement or offering document for sale in any jurisdiction, the Company will use its
best efforts promptly to obtain the withdrawal of such order and the Company shall notify holders of the Restricted Shares promptly and without any delay; 

4.14    Use its best efforts to cause such Restricted Shares covered by such registration statement to be registered with
or approved by such other Governmental Authorities as would ordinarily be necessary to enable the sellers thereof to consummate the disposition of such Restricted Shares; and 

4.15    Take all such other actions as the holders of a majority in nominal value of Restricted Shares being sold or the
underwriters, if any, reasonably request in order to expedite or facilitate the disposition of such Restricted Shares (including, without limitation, effecting a share split or a combination of shares, unless the Board shall reasonably determine
that such requested action is contrary to the best interests of the Company (with affirmative vote of at least two (2) Preferred Directors). 

4.16    In connection with each registration hereunder, the selling holders of Restricted Shares will only be required to
furnish to the Company such information with respect to themselves and the proposed distribution by them as shall be necessary in order to assure compliance with United States and applicable state securities laws. 

  
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 4.17    In connection with each registration pursuant to Sections 2 and
3 hereof covering an underwritten public offering, the Company agrees to enter into such customary agreements (including underwriting agreements) as the managing underwriter selected in the manner herein provided may request in such form and
containing such provisions as are customary in the securities business for such an arrangement between major underwriters and companies of the Company’s size and investment stature, provided that such agreement shall not contain any such
provision applicable to the Company which is inconsistent with the provisions hereof. 
 4.18    The holders of the
Restricted Securities agrees that, upon request by the Company or the underwriters managing the initial public offering of the Company’s securities, it will not sell or otherwise transfer or dispose of any securities of the Company (other than
those permitted to be included in the registration and other transfers to Affiliates permitted by law) without the prior written consent of the Company or such underwriters, as the case may be, for a period of time specified by the representative of
the underwriters not to exceed one hundred and eighty (180) days from the effective date of the registration statement covering such initial public offering or the pricing date of such offering as may be requested by the underwriters. The
foregoing provision of this Section 4.18 shall not apply to the sale of any securities of the Company to an underwriter pursuant to any underwriting agreement, and shall only be applicable to the holders of the Restricted Securities if all
officers, directors and holders of one percent (1%) or more of the Company’s outstanding share capital (including the Founders) enter into similar agreements, and if the Company or any underwriter releases any officer, director or holder of one
percent (1%) or more of the Company’s outstanding share capital (including the Founders) from his or her sale restrictions so undertaken, then each holder of the Restricted Securities shall be notified prior to such release and shall itself be
simultaneously released to the same proportional extent. The Company shall require all future acquirers of the Company’s securities holding at least one percent (1%) of the then outstanding share capital of the Company to execute prior to a
Qualified IPO a market stand-off agreement containing substantially similar provisions as those contained in this Section 4.18. The Company and the Founders shall take all steps consistent with
requirements of law and use their best efforts to minimize the foregoing market stand-off period for the holders of the Restricted Securities. 

4.19    Any holder of Restricted Shares, and their permitted transferees, receiving any written notice from the Company
regarding the Company’s plans to file a registration statement shall treat such notice confidentially and shall not disclose such information to any person other than as necessary to exercise its rights under this Agreement; provided,
however, that such holder may disclose such notice in its reasonable discretion for the purpose of seeking additional insurance coverage for such holder’s directors and officers and for purposes of fund reporting or inter- fund reporting
or to its fund manager, other funds managed by its fund manager or their respective affiliates, advisers, consultants, auditors, directors, officers, employees, shareholders, investors or insurers. 

  
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 SECTION 5. EXPENSES 

All expenses incurred by the Company in complying with Sections 2 and Section 3 hereof, including, without limitation, all registration
and filing fees, fees and expenses of compliance with securities and blue sky laws, fees and expenses in connection with any listing of the Ordinary Shares on a securities exchange or inter-dealer quotation system, printing expenses, fees and
disbursements of counsel and independent public accountants for the Company and the fees and disbursements of the underwriters, fees of the National Association of Securities Dealers, Inc. (or similar organization), transfer taxes, fees of transfer
agents and registrars and costs of insurance and fees and expenses of one counsel for the sellers of Restricted Shares, but excluding any Selling Expenses (as defined below), are herein called “Registration Expenses”. All
underwriting discounts and selling commissions applicable to the sale of Restricted Shares are herein called “Selling Expenses.” The Company will pay all Registration Expenses in connection with each registration statement filed
pursuant to Section 2 or 3 hereof. All Selling Expenses incurred in connection with any sale of Restricted Shares by any participating seller shall be borne by such participating seller, or by such persons other than the Company (except to the
extent the Company shall be a seller) as they may agree. 
 SECTION 6. INDEMNIFICATION 

6.1    In the event of a registration of any of the Restricted Shares under the Securities Act (or similar Law if in a
jurisdiction other than the United States) pursuant to Section 2 or 3 hereof, the Company will indemnify and hold harmless each seller of such Restricted Shares thereunder and each underwriter of such Restricted Shares thereunder and their
respective partners, officers, directors, stockholders and employees and each other person, if any, who controls such seller or underwriter within the meaning of the Securities Act (or similar Law if in a jurisdiction other than the United States),
against any and all losses, claims, damages, expenses or liabilities, joint or several, to which such person may become subject under the Securities Act (or similar Law if in a jurisdiction other than the United States) or otherwise, insofar as such
losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact contained in any registration statement under which such Restricted Shares
were registered under the Securities Act (or similar Law if in a jurisdiction other than the United States) pursuant to Section 2 or 3, any preliminary prospectus or final prospectus contained therein, any amendment or supplement thereof, any
materials or information provided to investors by, or with the approval of, the Company in connection with the marketing of the offering of the Restricted Shares, including any roadshow or investor presentations made to investors by the Company
(whether in person or electronically), or any application, filing or other material filed, registered, distributed or otherwise furnished by the Company or with the consent of the Company in connection with the securities laws of any state or
political subdivision thereof, including any blue sky application, or arising out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not
misleading, or arising out of or are based upon any violation or alleged violation by the Company of the Securities Act, the Exchange Act, any United States federal or state securities law, or any rule or regulation promulgated under the Securities
Act, the Exchange Act, or any United States federal or state securities law in connection with the offering covered by such registration statement (or similar Law if in a jurisdiction other than the United States), and will reimburse each such
person for any legal or other expenses reasonably incurred by them in connection with investigating or defending any such loss, claim, damage, liability, expense or action; provided, however, that the Company will not be liable in any
such case if and to the extent that any such loss, claim, damage or liability arises out of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission so made in conformity with information furnished by such
person in writing specifically for use in such registration statement or prospectus. 

  
 14 

 6.2    In the event of a registration of any of the Restricted Shares
under the Securities Act (or similar Law if in a jurisdiction other than the United States) pursuant to Section 2 or 3 hereof, each seller of such Restricted Shares thereunder, severally and not jointly, will indemnify and hold harmless the
Company and each person, if any, who controls the Company within the meaning of the Securities Act (or similar Law if in a jurisdiction other than the United States), each officer of the Company who signs the registration statement, each director of
the Company, each underwriter and each person who controls any underwriter within the meaning of the Securities Act, against all losses, claims, damages, expenses or liabilities, to which the Company or such officer or director or underwriter or
controlling person may become subject under the Securities Act (or similar Law if in a jurisdiction other than the United States) or otherwise, insofar as such losses, claims, damages, expenses or liabilities (or actions in respect thereof) arise
out of or are based upon any untrue statement or alleged untrue statement of any material fact contained in the registration statement under which such Restricted Shares were registered under the Securities Act (or similar Law if in a jurisdiction
other than the United States) pursuant to Section 2 or 3, any preliminary prospectus or final prospectus contained therein, or any amendment or supplement thereof, or arising out of or are based upon the omission or alleged omission to state
therein a material fact required to be stated therein or necessary to make the statements therein not misleading, and will reimburse the Company and each such officer, director, underwriter and controlling person for any legal or other expenses
reasonably incurred by them in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that such seller will be liable hereunder in any such case if and only to the extent that
any such loss, claim, damage or liability arises out of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission made in reliance upon and in conformity with information pertaining to such seller, as such,
furnished in writing to the Company by such seller specifically for use in such registration statement or prospectus; provided, further, however, that the liability of each seller hereunder shall be limited to the proportion of
any such loss, claim, damage, liability or expense which is equal to the proportion that the public offering price of the shares sold by such seller under such registration statement bears to the total public offering price of all securities sold
thereunder, but not to exceed the proceeds received by such seller from the sale of Restricted Shares covered by such registration statement. 

  
 15 

 6.3    Promptly after receipt by an indemnified party hereunder of
notice of the commencement of any action, such indemnified party shall, if a claim in respect thereof is to be made against the indemnifying party hereunder, notify the indemnifying party in writing thereof, but the omission to notify the
indemnifying party shall not relieve it from any liability which it may have to any indemnified party under this Section 6. In case any such action shall be brought against any indemnified party and it shall notify the indemnifying party of the
commencement thereof, the indemnifying party shall be entitled to participate in and, to the extent it shall wish, to assume and undertake the defense thereof with counsel reasonably satisfactory to such indemnified party, and, after notice from the
indemnifying party to such indemnified party of its election to assume and undertake the defense thereof, the indemnifying party shall not be liable to such indemnified party under this Section 6 for any legal expenses subsequently incurred by
such indemnified party in connection with the defense thereof other than reasonable costs of investigation and of liaison with counsel so selected; provided, however, that, if the indemnified party shall have reasonably concluded that
there may be reasonable defenses available to it which are different from or additional to those available to the other party or parties thereto or if the interests of the indemnified party reasonably may be deemed to conflict with the interests of
the other party or parties thereto, the indemnified party shall have the right to select a separate counsel and to assume such legal defenses and otherwise to participate in the defense of such action, with the expenses and fees of such separate
counsel and other expenses related to such participation to be reimbursed by the indemnifying party as incurred. 

6.4    Notwithstanding the foregoing, any indemnified party shall have the right to retain its own counsel in any such
action, but the fees and disbursements of such counsel shall be at the expense of such indemnified party unless (i) the indemnifying party shall have failed to retain counsel for the indemnified party as aforesaid, (ii) the
indemnified party shall have reasonably concluded that the interests of the indemnified party conflict with the interests of the other party or parties thereto, or (iii) the indemnifying party and such indemnified party shall have
mutually agreed to the retention of such counsel. It is understood that the indemnifying party shall not, in connection with any action or related actions in the same jurisdiction, be liable for the fees and disbursements of more than one separate
firm qualified in such jurisdiction to act as counsel for the indemnified party. The indemnifying party shall not (i) without the prior written consent of the indemnified parties (which consent shall not be unreasonably withheld), settle or
compromise or consent to the entry of any judgment with respect to any pending or threatened claim, action, suit or proceeding in respect of which indemnification or contribution may be sought hereunder (whether or not the indemnified parties are
actual or potential parties to such claim or action) unless such settlement, compromise or consent includes an unconditional release of each indemnified party from all liability arising out of such claim, action, suit or proceeding, or
(ii) be liable for any settlement of any proceeding effected without its written consent (which consent shall not be unreasonably withheld), but if settled with such consent or if there be a final judgment for the plaintiff, the
indemnifying party agrees to indemnify the indemnified party from and against any loss or liability by reason of such settlement or judgment. If the indemnification provided for in the first two paragraphs of this Section 6 is unavailable to or
insufficient to hold harmless an indemnified party under such paragraphs in respect of any losses, claims, damages or liabilities or actions referred to therein, then each indemnifying party shall, in lieu of indemnifying such indemnified party,
contribute to the amount paid or payable by such indemnified party as a result of such losses, claims, damages, liabilities or actions in such proportion as appropriate to reflect the relative fault of the Company, on the one hand, and the sellers
of such Restricted Shares, on the other, in connection with the statement or omissions which resulted in such losses, claims, damages, liabilities or actions, as well as any other relevant equitable considerations including, without limitation, the
failure to give any notice under the second paragraph of this Section 6. The relative fault shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged
omission to state a material fact relates to information supplied by the Company, on the one hand, or by the sellers of such Restricted Shares, on the other hand, and to the parties’ relative intent, knowledge, access to information and
opportunity to correct or prevent such statement or omission. 

  
 16 

 6.5    The Company and the sellers of Restricted Shares agree that it
would not be just and equitable if contribution pursuant to this Section 6 were determined by pro rata allocation (even if all of the sellers of Restricted Shares were treated as one entity for such purpose) or by any other method of
allocation which does not take account of the equitable considerations referred to in the immediately preceding paragraph. The amount paid or payable by an indemnified party as a result of the losses, claims, damages, liabilities or action referred
to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action
or claim. Notwithstanding the provisions of this and the immediately preceding paragraph, the sellers of such Restricted Shares shall not be required to contribute any amount in excess of the amount, if any, by which the net proceeds received by
each of them exceeds the amount of any damages which they would have otherwise been required to pay by reason of such untrue or alleged untrue statement or omission. No person guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the Securities Act) shall be entitled to contribution from any person who is not guilty of such fraudulent misrepresentation. The indemnification of underwriters provided for in this Section 6 shall be on such other terms
and conditions as are at the time customary and reasonably required by such underwriters and the indemnification of the sellers of Restricted Shares in such underwriting shall, at the sellers’ request, be modified to conform to such terms and
conditions. Upon the reasonable request of any shareholder selling Restricted Shares pursuant to a registration statement or any underwriter of such share, the Company shall obtain, if reasonably available, an insurance policy covering the risks
described above in this Section 6 in an amount and with a deductible reasonably requested by such seller or underwriter and naming such seller, any underwriter of such share and any person controlling such seller or underwriter as
beneficiaries. The costs of obtaining and maintaining any such insurance shall be borne by the Company. 

  
 17 

 6.6    Notwithstanding the foregoing, to the extent that the provisions
on indemnification and contribution contained in the underwriting agreement entered into in connection with the underwritten public offering are in conflict with the foregoing provisions, the provisions in the underwriting agreement shall control.

 6.7    The indemnification provided for under this Agreement will remain in full force and effect regardless of any
investigation made by or on behalf of the indemnified party or any officer, director or controlling person of such indemnified party and will survive the transfer of securities. 

SECTION 7. CHANGES IN ORDINARY SHARES/PREFERRED SHARES 

If, and as often as, there are any changes in the Ordinary Shares and/or the Preferred Shares by way of share split, share dividend,
combination or reclassification, or through merger, consolidation, reorganization or recapitalization, or by any other means, appropriate adjustment shall be made in the provisions hereof, as may be required, so that the rights and privileges
granted by this Agreement shall continue with respect to the Ordinary Shares and/or the Preferred Shares as so changed. 

  
 18 

 SECTION 8. LIMITATION ON SUBSEQUENT REGISTRATION RIGHTS 

Except as provided in this Agreement, the Company will not grant to any person (i) the right to request the Company to register any
Ordinary Shares, or any securities convertible or exchangeable into or exercisable for Ordinary Shares, which are superior to or pari passu with the rights granted to the Preferred Shareholders, (ii) the right to include any
Ordinary Shares, or any securities convertible or exchangeable into or exercisable for Ordinary Shares, in any registration filed under Section 2 or Section 3, unless under the terms of such agreement such holder or prospective holder may
include such Ordinary Shares in any registration only to the extent that the inclusions of such Ordinary Shares will not reduce the amount of the Restricted Securities of the Preferred Shareholders that are included; or (iii) the right
cause the Company to include such Ordinary Shares, or any securities convertible or exchangeable into or exercisable for Ordinary Shares, in any registration filed under Section 2 or Section 3 on a basis more favorable to such holder or
prospective holder than is provided to the Preferred Shareholders thereunder, in each case without the prior written consent of holders of at least seventy-five percent (75%) of the total issued and outstanding Preferred Shares. The Company will not
enter into any agreement inconsistent with the terms of this Agreement. 
 SECTION 9. NON-U.S.
REGISTRATION RIGHTS 
 9.1    The Company agrees, and the Founders shall cause the Company, to use its best efforts
to, upon the approval of the Shareholders and/or Board in accordance with the Shareholders Agreement and the Articles of Association, register and qualify the Restricted Shares and to take such other actions in the People’s Republic of China
(the “PRC”), the Hong Kong Special Administrative Region of the PRC or any other jurisdictions in which a market develops for the Company’s securities as are necessary to permit (i) the unrestricted sale of the Restricted
Shares in such jurisdictions; and (ii) the sale of such securities in an underwritten offering exempt from the registration provisions of the applicable Law in such jurisdiction, in each case on a basis comparable to the provisions
contained herein addressing the registration of such securities for sale within the United States, including, without limitation, the inclusion of the Restricted Shares in a listing (or listings) of the Company’s securities on a stock exchange
in such jurisdictions or a quotation of the Company’s securities on an inter-dealer quotation system in such jurisdictions. 

9.2    If Shares of the Company are offered in an underwritten public offering (upon the approval of the Shareholders
and/or Board in accordance with the Shareholders Agreement and the Articles of Association, no matter whether a Qualified IPO or not) outside the United States for the account of any Ordinary Shareholder, in addition to the other rights provided in
this Agreement, each Preferred Shareholder shall have the right to include a pro rata number of Shares (based on the number of Shares then held by the selling Preferred Shareholder and all other Shareholders selling in the offering) in the offering
on terms and conditions no less favorable to the Preferred Shareholder than to any other selling Shareholders. 

  
 19 

 9.3    The Company shall bear all costs and expenses (excluding
underwriting discounts and commissions but including fees of counsel to the selling Preferred Shareholders and all other expenses related to the offering or registration) relating to Shares included in any public offering or registration statement
pursuant to the foregoing rights in accordance with Section 5 hereof. 
 SECTION 10. REPRESENTATIONS AND WARRANTIES OF THE COMPANY

 The Company represents and warrants to each of the other parties hereto as follows (which representations and warranties shall
survive the execution and delivery of this Agreement): 
 10.1    The execution, delivery and performance of this
Agreement by the Company have been duly authorized by all requisite corporate action and will not violate any provision of Law, any order of any court or other Governmental Authorities, the Articles of Association of the Company, or any provision of
any indenture, agreement or other instrument to which it or any of its properties or assets is bound, or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or
other instrument, or result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties or assets of the Company or any of its Subsidiaries. 

10.2    This Agreement has been duly executed and delivered by the Company and constitutes the legal, valid and binding
obligation of the Company, enforceable in accordance with its terms. 
 SECTION 11. RULE 144 REPORTING 

The Company agrees with each of the other parties hereto as follows: 

11.1    The Company shall make and keep current public information available as those terms are understood and defined in
Rule 144 under the Securities Act, at all times after it has become subject to the reporting requirements of the Exchange Act. 

11.2    The Company shall file with the Commission in a timely manner all reports and other documents as the Commission
may prescribe under the Securities Act and the Exchange Act, and the rules and regulations promulgated thereunder at any time after the Company has become subject to such reporting requirements of the Securities Act and the Exchange Act. 

  
 20 

 11.3    The Company shall furnish to each holder of Restricted
Securities forthwith upon request (i) a written statement by the Company as to its compliance with the reporting requirements of Rule 144 (at any time from and after ninety (90) days following the effective date of the first registration
statement of the Company for an offering of its securities to the general public), and of the Securities Act and the Exchange Act (at any time after it has become subject to such reporting requirements), (ii) a copy of the most recent annual or
quarterly report of the Company, and (iii) such other reports and documents so filed as such holder may reasonably request to avail itself of any rule or regulation of the Commission allowing a holder of Restricted Securities to sell any
such securities without registration. 
 SECTION 12. ASSIGNMENT OF REGISTRATION RIGHTS 

The rights to cause the Company to register Restricted Securities pursuant to this Agreement may be assigned (but only with all related
obligations) by a holder of Restricted Securities to a transferee or assignee of such securities that (i) is a Subsidiary, parent, partner, limited partner, retired partner, stockholder or an Affiliate of such holder, (ii) is such
holder’s family member or trust for the benefit of an individual holder, or (iii) after such assignment or transfer, holds at least 15,000,000 shares of Restricted Securities (subject to appropriate adjustment for stock splits, stock
dividends, combinations or the like), provided: (a) the Company is, within a reasonable time after such transfer, furnished with written notice of the name and address of such transferee or assignee and the securities with respect to which such
registration rights are being assigned; (b) such transferee or assignee agrees in writing to be bound by and subject to the terms and conditions of this Agreement, including, without limitation, the provisions of Section 13 below, by
executing a form of Joinder substantially in form attached hereto as Exhibit A; and (c) such assignment shall be effective only if immediately following such transfer the further disposition of such securities by the transferee or
assignee is restricted under the Securities Act. 
 SECTION 13. MISCELLANEOUS 

13.1    The rights of any holder of Restricted Shares under Sections 2, 3 and 8 shall terminate and cease to apply to such
holder upon the occurrence of the earlier of: (A) when (i) such holder is no longer an “Affiliate” as used in Rule 144 and (ii) such holder is permitted to sell all Restricted Shares then held by it pursuant to Rule 144(k), or
(B) on the fifth (5th) anniversary of the Qualified IPO. 
 13.2    All covenants and agreements contained in this
Agreement by or on behalf of any of the parties hereto shall bind and inure to the benefit of the respective successors and assigns of the parties hereto whether so expressed or not. 

  
 21 

 13.3    All notices, demands and other communications provided for or
permitted hereunder shall be made in writing and shall be by telefax, commercial express courier service or personal delivery: 
  

	 	(a)	 if to the Company: 

c/o Oriental Standard Technology (Beijing) Co., Ltd. 

5/F No. 6 Haidian Zhong Street 

Haidian District, Beijing 100080 China 

Fax No.: [             ] 

Attention: Wu Lei 
 with a copy
to: 
 Han Kun Law Offices 

Suite 906, Office Tower C1 

Oriental Plaza 
 1 East Chang An
Avenue 
 Beijing, China 
 Fax
No.: + 86 10 8525 5511 
 Attention: Chen Dafei 
  

	 	(b)	 if to Preferred Shareholders, at the Preferred Shareholders’ addresses set forth on Schedule A
hereto. 

 or to such other address or addresses as shall have been furnished in writing to the other parties hereto. Each Shareholder
agrees, at all times, to provide the Company with an address for notices hereunder. All such notices and communications shall be deemed to have been duly given: when delivered by hand, if personally delivered; when delivered by courier, if delivered
by commercial express courier service; or if faxed or e-mailed, when transmission is confirmed on sender’s fax machine. 

13.4    GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, CONSTRUED IN ACCORDANCE WITH, AND ENFORCED UNDER, THE
LAW OF HONG KONG. 
 13.5    The parties agree that all disputes between any of them arising out of, connected with,
related to, or incidental to the relationship established between them in connection with this Agreement, and whether arising in law or in equity or otherwise, shall be resolved in accordance with the procedures set forth in Section 12.2 of the
Shareholders Agreement. 
 13.6    This Agreement constitutes the entire agreement of the parties with respect to the
subject matter hereof and will supersede all prior agreements and understandings between the parties with respect to such subject matter. This Agreement may not be modified or amended except in writing by the Company and the Preferred Majority
Holders. Notwithstanding the foregoing, no modification or amendment shall be effective or enforceable with respect of Oriza if such modification or amendment adversely and materially affects Oriza or in a manner different from other holders of the
same class or series of shares as Oriza holds. 

  
 22 

 13.7    Facsimile transmissions of any executed original document and/or
retransmission of any executed facsimile transmission shall be deemed to be the same as the delivery of an executed original. At the request of any party hereto, the other parties hereto shall confirm facsimile transmissions by executing duplicate
original documents and delivering the same to the requesting party or parties. This Agreement may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed shall be deemed to be an
original and all of which taken together shall constitute one and the same agreement. 
 13.8    The Company and the
Founders (on the one hand) and the Preferred Shareholders (on the other hand) agree that any amendment to the United States securities laws (or similar applicable Law) (and regulations promulgated thereunder (and related registration forms), and
related state securities laws shall not affect the substantive registration requirements (and other obligations of the Company) set forth in this Agreement; and, following any such amendment, the Company shall continue to be required to cause the
registration of Restricted Shares (and pay all Registration Expenses and provide indemnification) under the United States securities laws, as amended (or similar applicable Law), in a manner consistent to carry out the intent and purposes of (and on
terms as similar as practicable as the terms set forth in) this Agreement. 
 13.9    If any one or more of the
provisions contained in this Agreement, or the application thereof in any circumstance, is held invalid, illegal or unenforceable in any respect for any reason, the validity, legality and enforceability of any such provision in every other respect
and of the remaining provisions hereof shall not be in any way impaired, unless the provisions held invalid, illegal or unenforceable shall substantially impair the benefits of the remaining provisions of this Agreement. The parties hereto further
agree to replace such invalid, illegal or unenforceable provision of this Agreement with a valid, legal and enforceable provision that will achieve, to the extent possible, the economic, business and other purposes of such invalid, illegal or
unenforceable provision. 
 [SIGNATURE PAGE FOLLOWS] 

  
 23 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE COMPANY:
	
	Oriental Standard Human Resources Holdings Limited
		
	By:	 	 /s/ Wu Lei

	Name:	 	Wu Lei
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE FOUNDERS:
	
	Pan Lianya
		
	By:	 	 /s/ Pan Lianya

	Name:	 	Pan Lianya
	
	Wu Lei
		
	By:	 	 /s/ Wu Lei

	Name:	 	Wu Lei

 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	THE FOUNDER HOLDING COMPANY:
	
	FireDragon Holdings Inc.
		
	By:	 	 /s/ Pan Lianya

	Name:	 	Pan Lianya
	Title:	 	Authorized Signatory
	
	Ji Xiang Hu Tong Holdings Limited
		
	By:	 	 /s/ Wu Lei

	Name:	 	Wu Lei
	Title:	 	Authorized Signatory
	
	Talent Boom Group Limited
		
	By:	 	 /s/ Wu Lei

	Name:	 	Wu Lei
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	DCM:
	
	DCM IV, L.P.
		
	By:	 	 /s/ Matthew C. Bonner

	Name:	 	Matthew C. Bonner
	Title:	 	Authorized Signatory
	
	DCM Affiliates Fund IV, L.P.
		
	By:	 	 /s/ Matthew C. Bonner

	Name:	 	Matthew C. Bonner
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed and delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	RED STAR:
	
	Hong Kong Red Star Macalline Universal Home Furnishings Limited
(香港红星美凯龙全球家居有限公司)
		
	By:	 	 /s/ Che Jianxing

	Name:	 	CHE, Jianxing (车建兴)
	Title:	 	Director

 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	JD:
	
	Honeysuckle Creek Limited
		
	By:	 	 /s/ Wang Nani

	Name:	 	Wang Nani
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	Oriza:
	
	HUA YUAN INTERNATIONAL
	
	Company seal is affixed
		
	By:	 	 /s/ Liu Chengwei

	Name:	 	Liu Chengwei (刘澄伟)
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	Buhuovc:
	
	Buhuovc Limited Partnership
		
	By:	 	 /s/ Li Zhujie

	Name:	 	Li Zhujie (李祝捷)
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered by their respective officers hereunto duly authorized as of the date first above written. 
  

			
	Tuyu:
	
	RS Tuyu Enterprise Management Consulting Limited
		
	By:	 	 /s/ Chen Long

	Name:	 	陈珑 (English translation: Chen Long)
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT 

 SCHEDULE A 

SCHEDULE OF HOLDERS OF PREFERRED SHARES 

SCHEDULE A OF REGISTRATION RIGHTS AGREEMENT 

 Exhibit A 

FORM OF JOINDER 
 EXHIBIT A
OF REGISTRATION RIGHTS AGREEMENT

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