Securities Code: 002035 Securities Abbreviation: Huadi Co., Ltd. Announcement No.: 2026-013
Huadi Co., Ltd. Announcement on the 2026 Salary and Allowance Plan for Directors and Senior Management
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
Huadi Co., Ltd. (hereinafter referred to as the "Company") held the seventh meeting of the Ninth Board of Directors on April 24, 2026. The meeting deliberated and approved the "Proposal on the 2026 Salary and Allowance Plan for Directors and Senior Management." In accordance with the "Articles of Association of the Company," the "Implementation Rules for the Board of Directors' Remuneration and Assessment Committee," and other relevant company regulations, upon the proposal of the Board of Directors' Remuneration and Assessment Committee, and considering the Company's actual operating conditions, industry remuneration levels, and regional compensation standards, the 2026 salary and allowance plan for directors and senior management is formulated as follows:
I. Scope of Application All directors (including independent directors) and senior management of the Company.
II. Period of Application January 1, 2026, to December 31, 2026.
III. Compensation Structure The compensation of the Company's directors and senior management consists of base salary, performance-based salary, and long-term incentive income. Base salary is determined based on industry salary levels, job responsibilities, and performance. Performance-based salary is linked to the completion of the Company's annual performance targets and individual performance assessment indicators, and is coordinated with the Company's sustainable development. The proportion of performance-based salary shall, in principle, not be less than fifty percent of the total amount of base salary and performance-based salary.