Individual Shareholder Undertaking
To: The Board of Directors of DSC Holdings Ltd. (the “Company”)
CC: CheYiPai (Beijing) Automotive Technology Service Co., Ltd. (“WFOE”)
I, Junhong Yao, (i) am a shareholder of Beijing Peak Technology Co., Ltd. (“Peak Technology”), directly holding an aggregate 92% equity interest in Peak Technology; and (ii) entered into the Voting Proxy Agreement, the Exclusive Equity Interest Option Agreement and the Share Pledge Agreement with the WFOE and other shareholders of Peak Technology on June 7th, 2023 (the above-mentioned agreements and any subsequent written amendments, supplements or confirmations (if any) made by the parties thereto, collectively the “Relevant VIE Agreements”).
In order to promote and complete the listing of the Company’s equity, I hereby confirm and irrevocably undertake that:
| 1. | Undertakings on death or other accidents |
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