Securities Code: 001222 Securities Abbreviation: Yuanfei Pet Announcement No.: 2026-008
Wenzhou Yuanfei Pet Toy Products Co., Ltd.
Announcement on the Compensation Plan for Directors and Senior Management
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.
In order to further standardize the governance structure of Wenzhou Yuanfei Pet Toy Products Co., Ltd. (hereinafter referred to as "the Company") and improve the compensation management system for directors and senior management, the Company convened the 10th meeting of the 3rd Board of Directors on April 24, 2026, to review the proposals on the "Compensation Plan for Directors of the Company for the Year 2026" and the "Compensation Plan for Senior Management of the Company for the Year 2026." The proposal on the "Compensation Plan for Senior Management of the Company for the Year 2026" was approved, with related directors abstaining from voting. Since the proposal on the "Compensation Plan for Directors of the Company for the Year 2026" involves all directors, all directors abstained from voting, and it will be submitted to the Company's 2025 Annual General Meeting of Shareholders for review. The specific compensation plan is as follows:
I. Scope of Application
Applicable to the directors and senior management of the Company during their term in 2026.
II. Duration of Application
The director compensation plan is effective from the date of approval by the shareholders' meeting until a new compensation plan is approved; the senior management compensation plan is effective from the date of approval by the board of directors until a new compensation plan is approved.