Announcement on Adjusting the Repurchase Price of Restricted Stock under the 2023 Incentive Plan
The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Shenzhen Arrow Home Group Co., Ltd. (hereinafter referred to as "the Company") held the third meeting of the third board of directors on June 4, 2026, and approved the proposal on adjusting the repurchase price of restricted stock under the 2023 incentive plan. This adjustment is based on the company's completed profit distribution for the year 2025 and falls within the authorization scope granted to the board by the first extraordinary general meeting of shareholders in 2023. The relevant matters are hereby announced as follows:
I. Decision Procedures and Information Disclosure of the 2023 Restricted Stock Incentive Plan
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On May 19, 2023, the fourth meeting of the second board of directors approved the proposals regarding the draft of the 2023 Restricted Stock Incentive Plan and its summary, the implementation assessment management measures, and the authorization for the board to handle matters related to the incentive plan. The independent directors expressed independent opinions agreeing to the implementation of this incentive plan. Beijing Zhonglun (Shenzhen) Law Firm issued a legal opinion on the draft of the 2023 Restricted Stock Incentive Plan.
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On May 19, 2023, the fourth meeting of the second supervisory board approved the proposals regarding the draft of the 2023 Restricted Stock Incentive Plan and its summary, the implementation assessment management measures, and the verification of the list of initial grant recipients. The supervisory board provided verification opinions on this incentive plan.