Online education

51Talk Online Education Group Name Approved and Adopted at Annual General Meeting on September 30, 2022

Singapore, September 30, 2022 /PRNewswire/ — China Online Education Group (“51Talk”, “we” or “51Talk Online Education Group”) (NYSE: COE), a global online education platform with core expertise in English language teaching, today , the date of the Annual General Meeting of Shareholders September 30, 2022the Company’s shareholders have adopted the following resolutions as special resolutions proposed by the Company.

or This will immediately change the company name from “China Online Education Group” to “51Talk Online Education Group”. Where such director or officer, in his or her absolute discretion, is necessary, appropriate or desirable to carry out any of the foregoing resolutions.of Cayman Islands; and

or The Company’s Fifth Amendment and Relisted Memorandum and Articles of Incorporation (the “current M&AA”) has been amended and restated with immediate effect by deleting it in its entirety and replacing it with the Sixth Amendment and Relisted Memorandum and Articles of Incorporation. increase. to reflect the change in name of the company and that any director or officer of the company is authorized to take all actions that may be necessary, appropriate or desirable to effectuate the foregoing resolution; The officer, in his/her absolute discretion, deems appropriate. Cayman Islands.

Each American Depositary Share represents 15 shares of the Company’s Class A common stock at par value. 0.0001 USD We plan to start trading under the new company name per share. October 3, 2022Our ticker remains ‘COE’.

safe harbor declaration

This press release contains statements that may constitute “forward-looking” statements made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not include the following statements: “high”, and similar statements. 51Talk also makes written or oral forward-looking statements in its periodic reports to the Securities and Exchange Commission (“SEC”), annual reports to shareholders, press releases and other written materials, and oral statements by officers. We may issue a statement. Directors or employees to third parties. Statements that are not historical facts, including statements about 51Talk’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is contained in 51Talk’s filings with the SEC. All information provided in this press release is as of the date of this press release, and 51Talk undertakes no obligation to update any forward-looking statements, except as required by applicable law. .

About China Online Education Group

China Online Education Group (NYSE: COE) is a global online education platform with core expertise in teaching English. Our mission is to make quality education accessible and affordable. Our online and mobile education platform enables students to take live, interactive English lessons on demand. We connect students with a large pool of highly qualified teachers assembled using a sharing economy approach and use student and teacher feedback and data analytics to provide students with a personalized learning experience.

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