AMENDMENT NO. 1 TO THE DEPOSIT AGREEMENTThe Deposit Agreement • March 18th, 2024 • Deutsche Bank Trust Co Americas/ ADR Group • Perfumes, cosmetics & other toilet preparations • New York
THIS AMENDMENT NO. 1 (the “Amendment”) dated as of March 18, 2024 (the “Effective Date”) to the Deposit Agreement, dated as of November 18, 2020 (the “Deposit Agreement”), by and among (i) Yatsen Holding Limited, a company incorporated under the laws of the Cayman Islands, with its principal executive office at Building No. 35, Art Port International Creation Center, No. 2519 Xingang East Road, Haizhu District, Guangzhou 510330, the People’s Republic of China (together with its successors, the “Company”), (ii) Deutsche Bank Trust Company Americas, an indirect wholly owned subsidiary of Deutsche Bank AG, acting in its capacity as depositary, with its principal office at 1 Columbus Circle, New York, NY 10019, United States of America (the “Depositary” which term shall include any successor depositary hereunder), and (iii) all Holders and Beneficial Owners of American Depositary Shares evidenced by American Depositary Receipts issued hereunder (all such capitalized terms as hereinafter de
