Pintec Announces Corrections to Unaudited Financial Results for First Half of 2023

BEIJING, April 30, 2024 — Pintec Technology Holdings Limited (Nasdaq: PT) (“Pintec” or the “Company”), a Nasdaq-listed company providing technology enabled financial and digital services to micro, small and medium enterprises ecosystem, announced on December 28, 2023 its unaudited financial results for the six months ended June 30, 2023 (the “Interim Report”). In the Interim Report, the Company disclosed the gain from disposal of its wholly owned subsidiary Sky City Holding Limited and its subsidiaries (collectively “SCHL Group”) for RMB6.71 million. However, when preparing the financial statements for the year ended December 31, 2023, the Company noted the following errors were made inadvertently: 1) the cumulative foreign currency translation loss (recorded as accumulated other comprehensive loss) related to SCHL Group of RMB45.59 million should be treated as loss from disposal of SCHL Group which increased our net loss from RMB0.71 million to a net loss of RMB46.30 million; and 2) the non-controlling interest in a subsidiary included in SCHL Group of RMB139.34 million should be treated as other payable to non-controlling interest holders which increased accrued expenses and other liabilities from RMB 30.20 million to RMB 169.54 million and decreased the non-controlling interest from RMB 153.47 million to RMB 14.12 million.

The Company has made the correction to the Interim Report, and the corrected press release is as follows: PINTEC ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FIRST HALF OF 2023 BEIJING, DEC. 28, 2023 /PRNewswire/ — Pintec Technology Holdings Limited (Nasdaq: PT) (“Pintec” or the “Company”), a Nasdaq-listed company providing technology enabled financial and digital services to micro, small and medium enterprises ecosystem, today announced its unaudited financial results for the six months ended June 30, 2023. First Half 2023 Financial Highlights Total revenues were RMB35.09 million (US$4.86 million) for the first half of 2023 compared to total revenues of RMB39.82 million for the same period of 2022.Gross profit decreased by 79.48% to RMB4.21 million (US$0.58 million) for the first half of 2023 from RMB20.51 million for the same period of 2022. Gross margin was 11.99% for the first half of 2023 compared to 51.50% for the same period of 2022.Loss from operations decreased by 48.54% to RMB12.09 million (US$1.67 million) for the first half of 2023 from RMB23.49 million for the same period of 2022.Net loss decreased by 62.54% to RMB46.30 million (US$6.41 million) for the first half of 2023 compared to net loss of RMB123.60 million for the same period of 2022.

First Half 2023 Operating Highlights Total loans facilitated decreased by 58.98% to RMB47.3 million (US$6.55 million) for the first half of 2023 from RMB115.30 million for the same period of 2022.Loan outstanding balance decreased by 35.08% to RMB 61.71 million (US$ 8.54 million) as of June 30, 2023 from RMB95.06 million as of December 31, 2022.The following table provides delinquency rates by balance for all loans facilitated by the Company as of the dates indicated: Delinquent for 16-30 days 31-60 days 61-90 days December 31, 2020 0.77% 0.97% 0.95% December 31, 2021 1.00% 1.30% 1.18% December 31, 2022 0.23% 0.58% 0.18% June 30, 2023 0.58% 1.06% 0.22%

Mr. Zexiong Huang, Chief Executive Officer and acting Chief Financial Officer of Pintec, commented, “Amidst the sluggish macroeconomic recovery, during the first half of 2023, we persistently focused on our core strategy. We continued to provide loan services and digital solutions to mi