Securities Code: 001205 Securities Abbreviation: Shenghang Co., Ltd. Announcement No.: 2026-021
Bond Code: 127099 Bond Abbreviation: Shenghang Convertible Bond
Nanjing Shenghang Shipping Co., Ltd.
Announcement on Confirming the Compensation of the Company's Directors and Senior Management for the Year 2025 and the Compensation Plan for the Year 2026
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
Nanjing Shenghang Shipping Co., Ltd. (hereinafter referred to as "the Company") held the 35th meeting of the 4th Board of Directors on April 16, 2026, to review and discuss the proposal on confirming the compensation of the Company's directors and senior management for the year 2025 and the compensation plan for the year 2026. The independent directors of the Company held a special meeting to review this proposal, and all independent directors expressed clear agreement. This proposal has been reviewed and discussed at the 7th meeting of the Compensation and Assessment Committee of the 4th Board of Directors. Given that this proposal involves director compensation, all directors abstained from voting based on the principle of prudence, and the proposal was submitted directly to the Company's 2025 Annual General Meeting of Shareholders for review.
I. Compensation Situation of the Company's Directors and Senior Management for the Year 2025
According to the Company's annual performance assessment and incentive plan, combined with the Company's operating performance for the year 2025, the achievement of safety targets, and the evaluation of the responsibilities of the assessed individuals, the compensation for non-independent directors and senior management holding specific positions in the Company was determined based on the scoring rules stipulated in the Company's annual performance assessment and incentive plan. The compensation for independent directors is paid in the form of allowances on a monthly basis. The details of the compensation for the Company's directors and senior management for the year 2025 are disclosed in the corresponding sections of the "Annual Report of Nanjing Shenghang Shipping Co., Ltd. for the Year 2025."