GreenTree Hospitality Group Ltd. Announces Cash Dividend

GreenTreeHospitality GroupLtd.(NYSE: GHG)(“GreenTree”, the “Company”, “we”, “us” and “our”), a leading hospitality and restaurant management group in China, today announced that its board of directors approved the payment of a cash dividend of US$0.06 per ordinary share, or US$0.06 per American Depositary Share (“ADS”).

The holders of the Company's ordinary shares shown on the Company's record at the close of trading on October 31, 2025(U.S. Eastern Time) (the “Record Date”) will be entitled to these dividends. These shareholders, including Deutsche Bank Trust Company Americas, the depositary bank for the Company's ADS program (the “ADS Depositary”), are expected to receive the payments of dividends on or about November 18, 2025. Dividends to the Company's ADS holders are expected to be paid through the ADS Depositary on or about November 25, 2025, and will be subject to the terms of the deposit agreement by and among the Company and the ADS Depositary, and the holders and beneficial owners ofADSsissuedthereunder,including thefeesandexpenses payablethereunder. The later ADS payment date reflects processing through the ADS Depositary.

The total amount of cash to be distributedforthedividends isexpectedtobeapproximately US$6.2 million.

In addition, the Company will continueits plannedsharebuybackprogram. TheCompanyiscommitted tosustainableprofitable growthandtodeliver valuetoitsshareholders.

About GreenTree

GreenTree (NYSE: GHG) is a leading hospitality and restaurant management group in China. As of June 30, 2025, GreenTree had a total number of 4,509 hotels and 183 restaurants. In 2024, HOTELS magazine ranked GreenTree 13th among the 225 largest global hotel groups in terms of number of hotels in its annual HOTELS' 225. GreenTree was the fourth largest hospitality company in China in 2024 according to the China Hospitality Association.

GreenTree has a broad portfolio of diverse brands spanning from the economy to mid-scale, up-scale and luxury segments of the hospitality industry mainly in China. Through its strong membership base, expansive booking network, superior system management with moderate charges, and fully supported by its operating departments, GreenTree aims to keep closer relationships with all of its clients and partners by providing a diverse brand portfolio that features comfort, style and value.

FormoreinformationonGreenTree, please visit http://ir.998.com

SafeHarbor Statements

This press release contains forward-looking statements made under the “safe harbor” provisions of Section 21E of theSecurities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. In some cases,these forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,””estimate,” “intend,” “plan,” “believe,” “potential,””continue,””is/arelikely to,””confident,””future,”orothersimilarexpressions. GreenTree may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, includingstatements about or based on GreenTree's current beliefs, expectations, assumptions, estimates and projections about us and our industry, are forward-looking statements that involve known and unknown factors, risks and uncertainties that may causeour actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Such factors andrisksinclude, butnotlimited tothefollowing:GreenTree's goals and growth strategies; its future business development, financial condition and results of operations; trends in the hospitality industry in China and globally; competition in our industry; fluctuations in general economic and business conditions in China and other regions where we operate; the regulatory environment in which we and our franchisees operate; and assumptions underlying or related to any of the foregoing. You should not place undue reliance on these forward-looking statements. Further information regarding theseand other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided, including the forward-looking statements made, in this press release are current as of the date of thepressrelease.Except asrequired bylaw, GreenTreeundertakesno obligation toupdateanysuchinformationor forward- looking statements toreflect events or circumstances after thedateonwhichtheinformationisprovidedorstatementsare made, or toreflect the occurrence ofunanticipated events.

For moreinformation, pleasecontact:

GreenTree

Ms. Selina YangPhone: +86-158-2166-6251E-mail: ir@998.com

Ms. Hannah ZhangPhone: +86-182-2560-8592E-mail: ir@998.com

Christensen

In ShanghaiMr. Jerry XuPhone: +86-138-1680-0706E-mail: jerry.xu@christensencomms.com

InHongKong Ms.KarenHuiPhone: +852-9266-4140E-mail: karen.hui@christensencomms.com

In the USMs.LindaBergkampPhone: +1-480-614-3004E-mail: linda.bergkamp@christensencomms.com

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SOURCE GreenTree Hospitality Group Ltd.

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