Zhuhai Gree Electric Appliances, Inc.
Independent Director 2025 Annual Performance Report
In 2025, I, Cheng Ming, as an independent director of Zhuhai Gree Electric Appliances, Inc. (hereinafter referred to as the "Company"), in accordance with the principles of being responsible to all shareholders of the Company, strictly adhered to the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Corporate Governance Guidelines for Listed Companies," "Measures for the Administration of Independent Directors of Listed Companies," and other laws, regulations, and departmental rules, as well as the "Articles of Association of Zhuhai Gree Electric Appliances, Inc." and the "Independent Director Work System of Zhuhai Gree Electric Appliances, Inc.," fulfilled my relevant duties and obligations, effectively played the role of independent director and member of the special committee, and earnestly protected the overall interests and legal rights and interests of all shareholders. The report on my performance in 2025 is as follows:
I. Basic Information of Independent Director
(I) Work Experience, Professional Background, and Concurrent Positions
I, Cheng Ming, hold a Ph.D. degree. I am currently the Chief Professor at Southeast University, Director of the Jiangsu Provincial New Energy Vehicle Motor and Power System Engineering Laboratory, and an independent director of Zhuhai Gree Electric Appliances, Inc., Shandong Golden Emperor Precision Machinery Technology Co., Ltd., and Suzhou Langgao Motor Technology Co., Ltd.
I meet the qualification requirements for independent directors of listed companies as stipulated by relevant laws, regulations, and regulatory rules, and have been filed and reviewed by the Shenzhen Stock Exchange.
(II) Circumstances Affecting Independence
During the reporting period, as an independent director of the Company, I did not hold any positions in the Company other than that of an independent director. I have no direct or indirect interest relationship with the Company or its major shareholders and actual controllers, nor any other relationship that may affect my independent and objective judgment. I performed my duties independently, without being influenced by the Company or its major shareholders and other entities or individuals.
In 2025, I conducted a self-assessment of my independence and confirmed that I met all applicable regulatory requirements for serving as an independent director of the Company. I submitted the self-assessment results to the board of directors. The board of directors evaluated my independence and found no circumstances that may affect my independent and objective judgment as an independent director, concluding that I meet the independence requirements.
II. Overview of Performance in 2025
In 2025, I diligently and conscientiously performed my duties, actively attended relevant meetings, and conscientiously reviewed all proposals of the board of directors, expressing clear opinions on relevant matters of the Company, without any absences, entrusting others to attend meetings, or failing to attend meetings in person twice consecutively.
(I) Attendance at Board of Directors and Shareholders' Meetings
In 2025, during my tenure as an independent director of the Thirteenth Board of Directors of the Company, the Company held 4 board of directors meetings and 2 shareholders' meetings, adopting a total of 27 proposals at the board meetings and 14 proposals at the shareholders' meetings, through a combination of on-site and teleconference methods.
I attended the Company's board of directors and shareholders' meetings on time, without any absences or failing to attend meetings in person twice consecutively.
(II) Attendance at Special Committees of the Board of Directors
As the Chairman of the Remuneration and Assessment Committee of the Thirteenth Board of Directors, I convened and presided over 3 meetings of the Remuneration and Assessment Committee in 2025. I strictly reviewed the compliance and reasonableness of the remuneration plans for directors, supervisors, and senior management, and provided suggestions for the formulation of the "Remuneration Management System for Directors and Senior Management," which was submitted to the board of directors for deliberation.