Analyst Coverage

Firm	Analyst
86 Research	Yuzhong Gao
CITIC	Chongguang Feng
Credit Suisse	Thomas Chong / Alex Xie
Morgan Stanley	Sheng Zhong
UBS	Edwin Chen / Felix Liu

NaaS Technology Inc. is followed by the analysts listed. Please note that any opinions, estimates or forecasts regarding NaaS Technology Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of NaaS Technology Inc. or its management. NaaS Technology Inc. does not by its reference or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.