Claim Form - Hywin Holdings Securities Litigation

Hywin Holdings Securities Litigation Proof of Claim and Release

Step 1 of 6 - Help

This form allows you to file your claim online securely through our website. If you wish to file a paper claim or review any of the documents related to this case, please click the Notice Of Pendency And Proposed Settlement Of Class Action and Proof of Claim and Release link found in the Important Documents section of the case page.

** You should have copies of these statements scanned and saved on your computer so that you can upload them as proof. We prefer files in PDF format, but we can accept most file formats.**

Step 1 – General Instructions – Please read this important information about the case. It provides important details you should understand before you file your claim.
Step 2 – Claimant Identification – Please enter your current contact information to assist us in identifying your claim and contacting you for additional information and updates. We recommend you turn off auto-fill settings in your browser to ensure incorrect information is not added by mistake. You will receive a confirmation email that we received your claim at the email address you provide. Double check the information before you click next as you will not have the opportunity to review it again prior to submitting.
Step 3 – Schedule of Transactions – Please read the instructions carefully and enter your relevant transactions. You need to ensure that your number of shares in purchases/acquisitions minus sales and minus ending holdings equals zero. This is to ensure that all relevant transactions are accounted for. The form will not allow you to continue until all outstanding shares are accounted for
Step 4 – Documentation – Please drag and drop your files or click select files and choose the files that you will provide as proof of your transactions. Broker statements are usually the best documents to use as proof. Please note that when the file upload completes, the file name will be listed below the upload box. You can click the red x to remove the file if it was added in error.
Step 5 – Release – Please read the Release. By typing your name and date in these fields, you are signing the document and certifying that everything is true, correct and complete. After you click the submit button, you will receive a confirmation that your claim was submitted. You will also receive a confirmation number, please record this number for future reference.

A. GENERAL INSTRUCTIONS

1. To recover as a Settlement Class Member based on the claims in the action captioned Perrier v. Hywin Holdings Ltd. et al., No. 152554/2024 (Sup. Ct. N.Y. Cnty.) (the “Action”) pending in the Supreme Court of the State of New York, County of New York, you must complete and sign this Proof of Claim and Release form (“Proof of Claim”). If you fail to file a properly addressed Proof of Claim (as set forth in ¶3 below), your claim may be rejected, and you may be precluded from any recovery from the Net Settlement Fund created in connection with the proposed Settlement.

2. Submission of this Proof of Claim, however, does not ensure that you will share in the proceeds of the Settlement of the Action.

3. YOU CAN EITHER SUBMIT YOUR CLAIM WITH COPIES OF THE DOCUMENTS REQUESTED HEREIN ELECTRONICALLY BY 11:59 P.M. EST ON JULY 31, 2025 BY FOLLOWING ALL THE INSTRUCTIONS AND CLICKING NEXT BELOW OR MAIL YOUR COMPLETED AND SIGNED PROOF OF CLAIM, ACCOMPANIED BY COPIES OF THE DOCUMENTS REQUESTED HEREIN, SO IT IS POSTMARKED ON OR BEFORE JULY 31, 2025, ADDRESSED AS FOLLOWS:

Hywin Holdings Securities Litigation
c/o Strategic Claims Services
P.O. Box 230
600 N. Jackson Street, Suite 205
Media, PA 19063
info@strategicclaims.net
866-274-4004

If you are NOT a Settlement Class Member, as defined in the Notice of Pendency and Proposed Settlement of Class Action (“Long Notice”) and discussed below, DO NOT submit a Proof of Claim.

4. If you are a Settlement Class Member and you do not timely request exclusion, you are bound by the terms of any judgment entered in the Action, including the releases provided therein, WHETHER OR NOT YOU SUBMIT A PROOF OF CLAIM.
B. CLAIMANT IDENTIFICATION
You are a member of the Settlement Class if you purchased American Depositary Shares (“ADSs”) of Hywin Holdings, Ltd. n/k/a Santech Holdings Ltd. (“Hywin” or the “Company”) pursuant and/or traceable to the Company’s Offering Documents issued in connection with Hywin’s March 2021 initial public offering (“IPO”) between March 25, 2021 and March 19, 2024, inclusive (the “Settlement Class Period”).

Use the section of this form entitled “Claimant Identification” to identify each purchaser of record of the Hywin ADS that forms the basis of this claim. THIS CLAIM MUST BE FILED BY THE ACTUAL BENEFICIAL PURCHASER(S) OF THE HWYIN ADSs UPON WHICH THIS CLAIM IS BASED, OR BY THEIR LEGAL REPRESENTATIVE.

Separate Proofs of Claim should be submitted for each separate legal entity (e.g., a claim from joint owners should not include separate transactions of just one of the joint owners, and an individual should not combine his or her IRA transactions with transactions made solely in the individual’s name). Conversely, a single Proof of Claim should be submitted on behalf of one legal entity including all transactions made by that entity on one Proof of Claim, no matter how many separate accounts that entity has (e.g., a corporation with multiple brokerage accounts should include all transactions made in all accounts on one Proof of Claim).

All joint purchasers must sign this Proof of Claim. Executors, administrators, guardians, conservators, and trustees must complete and sign this Proof of Claim on behalf of persons represented by them and their evidence of authority must accompany this Proof of Claim and their titles or capacities must be stated. The Social Security (or taxpayer identification) number and telephone number of the beneficial owner may be used in verifying the claim. Failure to provide the foregoing information could delay verification of your claim or result in rejection of the claim.
C. PROOF OF CLAIM

Use the section of this form entitled “Schedule of Transactions in Hywin ADSs” to supply all required details of your transaction(s) (including free transfers and deliveries) in, and holdings of, Hywin ADSs. If you need more space or additional schedules, attach separate sheets giving all of the required information in substantially the same form. Type your name on each additional sheet.

On this schedule, provide, all of the requested information with respect to your holdings, purchases and sales of Hywin ADSs, whether such transactions resulted in a profit or a loss. Only Hywin ADSs purchased between March 25, 2021 and March 19, 2024, inclusive, pursuant and/or traceable to the Company’s Offering Documents issued in connection with Hywin’s March 2021 IPO may be eligible under the Settlement. However, sales of Hywin ADSs may be used for purposes of calculating your claim under the Plan of Allocation. Therefore, in order for the Claims Administrator to be able to balance and properly calculate your claim, the number of ADSs purchased or sold during the period on the stock market pursuant and/or traceable to the Company’s Offering Documents issuedin connection with Hywin’s 2021 IPO, must be provided. Failure to report all such transactions may result in the rejection of your claim.

In the section of this form, list each transaction separately and in chronological order, by trade date, beginning with the earliest. You must accurately provide the month, day, and year of each transaction you list. The receipt or grant by gift, inheritance, or operation of law of Hywin ADSs shall not be deemed a purchase or sale of Hywin ADSs for the calculation of a Claimant’s Recognized Claim. The covering purchase of a short sale is not an eligible purchase.
COPIES OF BROKER CONFIRMATIONS OR OTHER DOCUMENTATION OF YOUR TRANSACTIONS IN HYWIN ADSs SHOULD BE ATTACHED TO YOUR PROOF OF CLAIM. FAILURE TO PROVIDE THIS DOCUMENTATION COULD DELAY VERIFICATION OF YOUR CLAIM OR RESULT IN REJECTION OF YOUR CLAIM.

NOTICE REGARDING INSTITUTIONAL FILERS: Representatives with authority to file on behalf of (a) accounts of multiple Settlement Class Members and/or (b) institutional accounts with large numbers of transactions (“Representative Filers”) must submit information regarding their transactions in an electronic spreadsheet format. (This is different than the online claim portal on the Settlement website.) If you are a Representative Filer, you must contact the Claims Administrator at efile@strategicclaims.net or visit their website at www.strategicclaims.net to obtain the required file layout. Claims which are not submitted in electronic spreadsheet format and in accordance with the Claims Administrator’s instructions may be subject to rejection. All Representative Filers MUST also submit a manually signed Proof of Claim for each Settlement Class Member, as well as proof of authority to file (see Section B above), along with the electronic spreadsheet format. Claims should be combined on a legal entity basis, where applicable. Sub-accounts should be rolled up into a parent account if the sub-accounts contain the same tax identification number. No claims submitted in electronic spreadsheet format will be considered to have been properly submitted unless the Claims Administrator issues to the Claimant a written acknowledgment of receipt and acceptance of electronically submitted data.

Only one claim should be submitted for each separate legal entity (see §B above) and the complete name of the beneficial owner(s) of the securities must be entered where called for (see §B). Distribution payments must be made by check or electronic payment payable to the Authorized Claimant (beneficial account owner). No third-party filer may be the payee of any distribution payment check or electronic payment.

NOTICE REGARDING ONLINE FILING: Claimants who are not Representative Filers may submit their claims online using the electronic version of the Proof of Claim hosted here by following all the instructions and clicking Next below. If you are not acting as a Representative Filer, you do not need to contact the Claims Administrator prior to filing; you will receive an automated e-mail confirming receipt once your Proof of Claim has been submitted. If you are unsure if you should submit your claim as a Representative Filer, please contact the Claims Administrator at info@strategicclaims.net or (866) 274-4004. If you are not a Representative Filer, but your claim contains a large number of transactions, the Claims Administrator may request that you also submit an electronic spreadsheet showing your transactions to accompany your Proof of Claim.

CLAIMANT IDENTIFICATION
The Claims Administrator will use this information for all communications about this Proof of Claim. If this information changes, you MUST notify the Claims Administrator in writing at info@strategicclaims.net. Complete names of all persons and entities must be provided.
Beneficial Owner's Name*
Co-Beneficial Owner's Name
Entity Name
(if claimant is not an individual)
Representative or Custodian Name
(if different from Beneficial Owner(s) Name)
Address*
Address 1 (street name and number) Address 2 (apartment, unit, or box number) City State / Province / Region ZIP / Postal Code Country
Account Number
(if filing for multiple account types, file a separate Proof of Claim for each account type)
Last 4 Digits of Social Security Number (for individuals) or T.I.N. (for estates, trusts, corporations, etc.)
Best Phone Number*
Alternate Phone Number
Email*
Enter Email Confirm Email
Claimant Account Type
- Individual (includes joint owner accounts)
- Corporation
- IRA/401K
- Pension Plan
- Estate
- Trust
(check appropriate box)

SCHEDULE OF TRANSACTIONS IN HYWIN ADSs
Purchases/Acquisitions
Purchases of Hywin ADSs from March 25, 2021 through March 19, 2024, inclusive: You must separately list below each and every purchase (including free receipts) of Hywin ADSs during this period. Include all ADSs purchased in Hywin’s IPO (such shares should be listed as purchased on March 25, 2021). You must also provide copies of documentation for all such purchases.
Information requested with respect to the number of Hywin ADSs purchased from March 25, 2021 through March 19, 2024, inclusive, is needed to validate your claim; no Hywin ADSs purchased after March 19, 2024, are eligible for any recovery under the Settlement (as they were purchased after the Settlement Class Period), and no Recognized Losses will be calculated for considered on such ADSs under the Plan of Allocation.
Trade Date (List Chronologically) (Month/Day/Year) Number of ADS Purchased Purchase Price Per ADS Total Purchase Price
Sales
Sales of Hywin ADSs from March 25, 2021 through March 19, 2024, inclusive: You must separately list below each and every sale or disposition (including free delivers) of Hywin ADSs during this period and provide copies of documentation of each such sale or disposition:
Trade Date (List Chronologically) (Month/Day/Year) Number of ADS Sold Sale Price Per ADS Total Sales Price
Ending Holdings*
Number of Hywin ADSs held at the close of trading on March 19, 2024.
BALANCE CHECK
Below is a summary of the transactions you entered. Your Purchases minus Sales and Ending Holdings should equal zero. Please correct any errors below to ensure that all transactions are accounted for.
TOTAL Purchases
TOTAL Sales
Ending Holdings
Balance Confirmation
Outstanding Shares
This field shows the number of shares that are outstanding based on what you have entered in the Purchases, Sales, and Ending Holdings fields. When all shares are accounted for, the balance in this field will be zero.
Balance Check Error*

SUBMISSION TO JURISDICTION OF COURT AND ACKNOWLEDGMENTS
YOU MUST READ AND SIGN THE RELEASE BELOW.

I (We) submit this Proof of Claim under the terms of the Stipulation described in the Long Notice. I (We) also submit to the jurisdiction of the Supreme Court of the State of New York, County of New York, with respect to my (our) claim as a Settlement Class Member(s) and for purposes of enforcing the release set forth herein. I (We) further acknowledge that I am (we are) bound by and subject to the terms of any judgment that may be entered in the Action. I (We) agree to furnish additional information to the Claims Administrator to support this claim if requested to do so. I (We) have not submitted any other claim covering the same purchases or sales of Hywin ADSs during the Settlement Class Period and know of no other Person having done so on my (our) behalf.
RELEASE
1. I (We) hereby acknowledge full and complete satisfaction of, and do hereby fully, finally, and forever settle, release, and discharge from the Released Claims (as defined below) each and all of the Released Defendant Parties, defined below.
2. “Released Claims” means any and all claims (including known claims and Unknown Claims), suits, actions, appeals, causes of action, damages (including, without limitation, compensatory, punitive, exemplary, rescissory, direct, consequential or special damages, and restitution and disgorgement), demands, rights, debts, penalties, costs, expenses, fees, injunctive relief, attorneys’ fees, expert or consulting fees, prejudgment interest, indemnities, duties, liabilities, losses, or obligations of every nature and description whatsoever, known or unknown, whether or not concealed or hidden, fixed or contingent, direct or indirect, anticipated or unanticipated, asserted or that could have been asserted by Plaintiff or any Settlement Class Members, whether legal, contractual, rescissory, statutory, or equitable in nature, whether arising under federal, state, common or foreign law, that: (i) are based upon, arise from, or relate to the claims that Plaintiff or any other member of the Settlement Class asserted in the Second Amended Complaint, or any prior complaint in the Action, or that could have been asserted in any other forum, that arise out of or are based upon the allegations, transactions, facts, matters or occurrences, representations, or omissions involved, set forth, or referred to in the Second Amended Complaint or any prior complaint in the Action; or (ii) relate to the purchase, acquisition or trading of any Hywin ADSs during the Settlement Class Period. Released Claims do not include any claims: (a) relating to the enforcement of the Settlement; or (b) against any Person who or which submits a request for exclusion from the Settlement Class that is accepted by the Court.
3. “Released Defendants’ Parties” means all Defendants, regardless of whether they have been served, and any of their controlling persons, associates, related or affiliated entities, and each and all of their respective past or present officers, directors, employees, partners, members, shareholders, principals, agents, representatives, attorneys, auditors, financial or investment advisors, consultants, underwriters, accountants, investment bankers, commercial bankers, entities providing fairness opinions, advisors, insurers, reinsurers, heirs, spouses, executors, trustees, general or limited partners or partnerships, limited liability companies, members, joint ventures, personal or legal representatives, estates, administrators, predecessors, successors or assigns, or any member of their immediate families, marital communities, or any trusts for which any of them are trustees, settlers or beneficiaries, or anyone acting or purporting to act for or on behalf of them or their successors, and all underwriting firms involved in the underwriting of Hywin IPO.
4. “Released Plaintiffs’ Parties” means (i) Plaintiff and all Settlement Class Members, and (ii) each of their respective family members and any other Related Person; and (iii) Plaintiff’s Counsel and the Claims Administrator.
5. “Unknown Claims” means any and all Released Claims against the Released Defendants’ Parties that Plaintiff or any Settlement Class Member does not know or suspect to exist in his, her or its favor at the time of their release, and any and all Released Defendants’ Claims against the Released Plaintiffs’ Parties that any Defendant does not know or suspect to exist in his, her or its favor at the time of their release, including, without limitation, those that, if known by such Plaintiff, Settlement Class Member or Defendant, might have affected his, her or its decision(s) with respect to the Settlement or the Released Claims or the Released Defendants’ Claims. With respect to any and all Released Claims and Released Defendants’ Claims, the Parties agree that, upon the Effective Date, Plaintiff and each Defendant shall expressly waive, and each Settlement Class Member shall be deemed to have waived, and by operation of the Judgment (or Alternative Judgment) shall have waived, any and all provisions, rights, and benefits conferred by any law of any state or territory of the United States, or principle of common law, which is similar, comparable, or equivalent to California Civil Code §1542, which provides: “A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party.” The Parties acknowledge, and each of the other Settlement Class Members shall be deemed by operation of the Judgment (or Alternative Judgment) to have acknowledged, that the foregoing waiver was separately bargained for and a key element of the Settlement.
6. I (We) hereby warrant and represent that I (we) have not assigned or transferred, or purported to assign or transfer, voluntarily or involuntarily, any matter released pursuant to this release or any other part or portion thereof.
7. I (We) hereby warrant and represent that I (we) have included information about all of my (our) purchases of Hywin ADSs that occurred between March 25, 2021 and March 19, 2024, inclusive, pursuant to the Company’s Offering Documents issued in connection with Hywin’s 2021 IPO; sales of Hywin ADSs that occurred between March 25, 2021and March 19, 2024; as well as the number of ADSs held by me (us) at the close of trading on March 19, 2024.
8. I (We) certify that I am (we are) NOT subject to backup tax withholding.

I (We) declare under penalty of perjury under the laws of the State of New York that all of the foregoing information supplied on this Proof of Claim by the undersigned is true and correct.
Signature of Claimant*
Please type the name of the Claimant. If this claim is being made on behalf of Joint Claimants, then each must sign.
Signature of Joint Claimant
Please type the name of the Joint Claimant.
Signature of person signing on behalf of claimant
(Capacity of person(s) signing, e.g., Beneficial Purchaser, Executor or Administrator)
Date*
MM slash DD slash YYYY
Unique ID

Trade Date (List Chronologically) (Month/Day/Year)	Number of ADS Purchased	Purchase Price Per ADS	Total Purchase Price

Trade Date (List Chronologically) (Month/Day/Year)	Number of ADS Sold	Sale Price Per ADS	Total Sales Price

Hywin Holdings Securities Litigation Proof of Claim and Release

Step 1 of 6 - Help

CLAIMANT IDENTIFICATION

SCHEDULE OF TRANSACTIONS IN HYWIN ADSs

BALANCE CHECK

Balance Confirmation

SUBMISSION TO JURISDICTION OF COURT AND ACKNOWLEDGMENTS

RELEASE