Yatsen Holding Limited American Depositary Shares, each representing twenty (20) Class A Ordinary SharesYSG

Yatsen Holding Limited (NYSE: YSG) is a leading China -based beauty group with the vision of becoming a world-class pioneer in beauty innovation. Founded in 2016, the Company has launched and acquired numerous color cosmetics and skincare brands including Perfect Diary, Little Ondine, Pink Bear, Galénic, DR.WU (its mainland China business), and Eve Lom. Our brands are strategically positioned to capture a wide spectrum of consumer demographics and price points, ranging from the mass market to the prestige and clinical.

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