Quectel Statement on Compliance

Since the Company was established in 2010, Quectel has been guided by its mission to “Build a smarter world” and to consistently contributing to the growth of the global IoT industry. Today, Quectel has become a global enterprise with operations across numerous countries and regions and with a team of thousands of employees. We firmly believe that strengthening compliance capabilities and raising compliance awareness are essential to mitigating risks and building a sustainable future.

In proactively engaging with diverse global business environments, Quectel upholds high ethical standards, strictly complies with applicable laws and regulations, and respects business norms—making compliance a foundational principle of our operations regardless of where we operate in the world. We actively fulfill our social responsibilities and strive to be a trusted and responsible corporate brand. Quectel maintains a zero-tolerance policy toward corruption and malpractice, adhering to the core principles of integrity, fairness, and transparency.

Quectel is committed to continuously elevating our compliance standards and building systematic compliance capabilities:

First, we maintain a strong focus on key compliance areas. Quectel follows all applicable laws and regulations concerning export controls, trade compliance, trade secret protection, anti-bribery, and other critical domains. Should any business engagement pose a potential violation of these regulations, Quectel reserves the right to decline providing related products, technologies, or services.

Second, we continuously improve our internal compliance system. Quectel has established best-practices compliance risk management frameworks involving business units, compliance team, and audit department. We constantly refine business processes and control measures to prevent potential violations.

Third, we foster a culture of compliance and strengthen management awareness. Senior leadership places great emphasis on compliance building and dedicates ongoing resources to enhance these functions. Every Quectel employee is expected to abide by compliance requirements and embody our corporate values in action.

Together, we will advance with integrity and compliance, supporting Quectel’s journey toward its collective vision of long-term and sustainable growth.

Patrick Qian

Chief Executive Officer