000989SZSE

Announcement on the 2026 Director Remuneration Plan of Jiuzhitang

Jiuzhitang Co., Ltd.·

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Jiuzhitang Co., Ltd. announced its 2026 Director Remuneration Plan, approved by the board and to be submitted to the 2025 annual shareholder meeting. The plan aims to establish a performance-based incentive mechanism. It categorizes directors into internal non-independent, external non-independent, and independent directors, with specific remuneration standards for each. Independent directors will receive an annual allowance of RMB 120,000 (after tax).

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Announcement on the 2026 Director Remuneration Plan of Jiuzhitang

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false records, misleading statements, or material omissions.

On March 25, 2026, Jiuzhitang Co., Ltd. (hereinafter referred to as the "Company") held the fifth meeting of the Ninth Board of Directors' Nomination, Remuneration and Assessment Committee and the thirteenth meeting of the Ninth Board of Directors. The meeting reviewed the "Proposal on the 2026 Director Remuneration Plan." As all directors abstained from voting on this proposal, it will be directly submitted to the Company's 2025 Annual General Meeting of Shareholders for deliberation. The specific plan is as follows:

To ensure that the directors of Jiuzhitang Co., Ltd. (hereinafter referred to as the "Company" or "Jiuzhitang") effectively perform their respective duties and obligations, establish a sound incentive and restraint mechanism that aligns responsibilities, rights, and interests, and reasonably determine the company's director performance evaluation standards, remuneration levels, and payment methods, this 2026 Director Remuneration Plan is formulated in accordance with the "Company Law of the People's Republic of China," the "Guidelines for Corporate Governance of Listed Companies," and other relevant laws, regulations, and the "Articles of Association."

I. Applicable Objects

All directors of the Company are divided into the following categories:

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