Bon Natural Life Ltd

On May 31, 2025, the Board of Directors of Bon Natural Life Limited (the “Company”) authorized a share repurchase program pursuant to a Purchase Plan Agreement (the “Agreement”) by and between the Company and TradeUp Securities (“TradeUp”) under which the Company may repurchase up to $1 million of its Class A ordinary shares (the “Share Repurchase Program”). The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements, market conditions and other corporate liquidity requirements and priorities. Share repurchases may be executed through various means in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The Share Repurchase Program does not obligate the Company to purchase any particular number of shares and there is no guarantee as to the exact number of shares that will be repurchased by the Company.

Pursuant to the Agreement, the Company appointed TradeUp as its exclusive agent to purchase securities.

The Agreement and Share Repurchase Program will terminate on the earlier of (i) the one year anniversary of the execution date, (ii) the completion of all purchases contemplated by the Share Repurchase Program, (iii) termination by written notice of either party, (iv) any legal or regulatory restriction, (v) a merger, acquisition or similar transaction of the Company, (vi) a liquidation, bankruptcy or reorganization of the Company, or (vi) failure by the Company to perform its obligations under the Agreement.

The Company will not purchase any shares outside of the Share Repurchase Program nor will it enter into any form of similar plan. The Company also agreed to customary indemnification provisions for the benefit of TradeUp.

The Company will pay TradeUp a fee of US$0.015 per share for any securities purchased.

Item 9.01. Financial Statements and Exhibits.