Notes: April 07, 2022 -- The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the American Depositary Shares, each representing fourteen Class A Ordinary Shares (the “ADSs”) of LAIX Inc. (the “Company”) — ticker symbol LAIX — from the Exchange. Trading in the Company’s ADSs was suspended after the market close on the NYSE on April 7, 2022. <p> Feb. 21, 2022- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.001 per share, from the current ADS Ratio of one (1) ADS to one (1) Class A ordinary share to a new ADS Ratio of one (1) ADS to fourteen (14) Class A ordinary shares. A post-effective amendment to the ADS Registration Statement on Form F-6 will be filed with the SEC to reflect the change in the ADS Ratio. The Company anticipates that the change in the ADS Ratio will be effective on or about March 4, 2022, subject to the effectiveness of the post-effective amendment to the ADS Registration Statement on Form F-6 on or before that date. For LAIX's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-fourteen reverse ADS split. Each ADS holder of record at the close of business on the date when the change in ADS Ratio is effective will be required to surrender and exchange every fourteen (14) existing ADSs then held for one (1) new ADS. Deutsche Bank Trust Company Americas, as the depositary bank for LAIX's ADS program, will arrange for the exchange of the current ADSs for the new ones.