Newland Digital Technology Co., Ltd.
Compensation Management System for Directors and Senior Management
(Amended in April 2026, pending submission for shareholder meeting review)
Chapter 1 General Principles
Article 1 In order to further improve the compensation management for directors and senior management of Newland Digital Technology Co., Ltd. (hereinafter referred to as "the Company"), establish a scientific, standardized, and effective incentive and restraint mechanism, and fully mobilize the enthusiasm and creativity of the Company's directors and senior management, this system is formulated based on the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Code of Corporate Governance for Listed Companies," and other relevant laws, administrative regulations, normative documents, and the "Articles of Association" of the Company, combined with the actual situation of the Company.
Article 2 Directors of the Company who hold other positions within the Company or its wholly-owned subsidiaries, holding subsidiaries, or affiliated companies shall receive corresponding compensation and enjoy welfare benefits based on the other positions they hold. Directors and senior management of the Company who hold other positions within the Company or its wholly-owned subsidiaries, holding subsidiaries, or affiliated companies shall receive compensation based on the highest annual salary standard of the positions they hold and enjoy corresponding welfare benefits. They shall not receive duplicate compensation or welfare benefits for holding two or more positions simultaneously.