GGEEC Guangdong GGEEC Holdings Co., Ltd. Resolution Announcement of the 24th Meeting of the 11th Board of Directors Securities Code: 002045 Securities Abbreviation: GGEEC Announcement No.: 2026-9 The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from false representations, misleading statements, or material omissions. Guangdong GGEEC Holdings Co., Ltd. (hereinafter referred to as the "Company") notified its directors via email on March 13, 2026, to convene the 24th meeting of the 11th Board of Directors, which was held in the Company's conference room on March 16, 2026. Seven directors were expected to attend, and seven directors actually attended, representing 100% of the expected attendance. No director authorized another director to attend the meeting on their behalf. Directors Lu Hongda and Yang Liuji attended in person, while Directors Wang Jie, Gu Dama, and Independent Directors Ji Zhiguang, Tan Guangrong, and Gu Ming'an attended via communication. The meeting was presided over by Chairman Lu Hongda, and some senior management personnel were present. This meeting complies with the Company Law and other relevant laws, regulations, normative documents, and the Articles of Association. The voting is valid. After discussion, the following proposals were approved:
- Approved by 4 votes in favor, 0 votes against, and 0 abstentions: "Proposal on Early Termination of the Third Employee Stock Ownership Plan" Due to changes in the market environment and the "2025 Performance Forecast" disclosed by the Company on January 27, 2026, the third employee stock ownership plan is unlikely to achieve its intended incentive objectives and effects. Considering the wishes of the holders of the employee stock ownership plan and the cost of capital occupation, in order to better protect the interests of the Company, shareholders, and employees, the Company's Board of Directors, in accordance with the Company Law, the Securities Law, the "Guiding Opinions on the Pilot Implementation of Employee Stock Ownership Plans for Listed Companies," and the Company's "Third Employee Stock Ownership Plan (Revised Draft)," and after careful consideration, has decided to terminate the third employee stock ownership plan early. Related directors Lu Hongda, Wang Jie, and Yang Liuji abstained from voting. In accordance with the relevant provisions of the employee stock ownership plan, the early termination of this employee stock ownership plan by the Company has obtained authorization from the Company's general meeting of shareholders and does not require submission to the general meeting of shareholders for deliberation. For detailed content, please refer to the "Announcement on the Expiration of the Lock-up Period and Early Termination of the Third Employee Stock Ownership Plan" (Announcement No.: 2026-9) disclosed by the Company on the Juchao Information Network, Securities Times, and China Securities Journal on March 17, 2026.
- Approved by 7 votes in favor, 0 votes against, and 0 abstentions: "Proposal on the Adjustment of the Group's Organizational Structure" To adapt to the Company's business development needs, further improve the Company's governance structure, and enhance the Company's management level and operational efficiency, the Company's organizational structure is being adjusted. The adjusted organizational structure chart is as follows: [Chart: Organizational structure of GGEEC] Special Announcement. Guangdong GGEEC Holdings Co., Ltd. Board of Directors March 17, 2026