Mousse Health Sleep Co., Ltd. Compensation Management System for Directors and Senior Management (April 2026)
Chapter 1 General Provisions
Article 1 To further standardize the compensation management of directors and senior management of Mousse Health Sleep Co., Ltd. (hereinafter referred to as the "Company"), establish a sound incentive and restraint mechanism, and effectively mobilize the enthusiasm and creativity of the Company's directors and senior management, this system is formulated in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," and the "Articles of Association of Mousse Health Sleep Co., Ltd." (hereinafter referred to as the "Articles of Association") and other relevant laws, regulations, and normative documents.
Article 2 This system applies to all directors of the Company (including non-independent directors and independent directors) and senior management. Senior management refers to the General Manager, Deputy General Managers, Secretary of the Board, and Chief Financial Officer of the Company.
Article 3 The compensation of the Company's directors and senior management shall be commensurate with market development, matched with the Company's operating performance and individual performance, and coordinated with the Company's sustainable development.
Chapter 2 Compensation Management Organization and Total Wage Bill Determination Mechanism
Article 4 The compensation plan for the Company's directors and senior management shall be formulated by the Board of Directors' Compensation and Assessment Committee, clarifying the basis and specific composition of compensation determination. The compensation plan for directors shall be decided by the shareholders' meeting and disclosed. When the Board of Directors or the Compensation and Assessment Committee evaluates individual directors or discusses their remuneration, such directors shall recuse themselves.
The compensation plan for senior management shall be approved by the Board of Directors, explained to the shareholders' meeting, and fully disclosed.
Article 5 The Company's Human Resources Center and Securities Affairs Department shall be responsible for assisting the Board of Directors' Compensation and Assessment Committee in the specific implementation of the compensation plans for the Company's directors and senior management.