Definition
In this independent financial advisory report, unless otherwise stated, the following terms have the meanings as defined below:
| Term | Definition |
|---|---|
| BOE Technology Group | BOE Technology Group Co., Ltd. |
| This Plan | 2026 Restricted Stock Incentive Plan of BOE Technology Group |
| Independent Financial Advisor | China Securities Co., Ltd. |
| Independent Financial Advisory Report | This report on the 2026 Restricted Stock Incentive Plan of BOE Technology Group |
Statement
This independent financial advisory report makes the following statements:
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The independent financial advisory report is based on the documents provided by the company, and the information is deemed to be true, accurate, and complete. The independent financial advisor does not bear any responsibility for any risks arising from this report.
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This independent financial advisory report does not represent the company's views on the implementation of the incentive plan and its impact on the company's operations. The independent financial advisor does not bear any responsibility for any risks arising from this report.
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The independent financial advisory report is prepared by the independent financial advisor and submitted to the company for review. The company is responsible for the accuracy and completeness of the information provided.
Basic Assumptions
This independent financial advisory report is based on the following basic assumptions:
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The relevant laws and regulations governing the country are stable and do not change significantly.
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The information provided by the company is true, accurate, complete, and timely.
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The documents related to this incentive plan are genuine and valid.
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The incentive plan does not conflict with other plans, and all parties involved have the necessary authority to execute the plan.
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No unforeseen circumstances will significantly affect the implementation of the incentive plan.
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Other assumptions that do not contradict the above.
Main Content of This Stock Incentive Plan
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Definition and Scope of Incentive Objects
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The definition of incentive objects is based on the legal basis of the plan.
This plan's incentive objects include the following:
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The total number of incentive objects is estimated to be 3,320 people, including the company's directors, senior management, and other key personnel.
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The incentive objects do not include external directors and individuals holding less than 5% of the company's shares. All incentive objects must be included in the core period of the plan.
All parties involved in the incentive plan must participate in the plan's implementation.
3. Company Business Performance Evaluation Requirements
The plan for the issuance of restricted shares aims to evaluate the performance of the company during the third year of the restricted sale period, and to conduct annual business performance evaluations to determine the conditions for lifting the restrictions on the shares.
The business performance evaluation conditions for the restricted shares are as follows: