® 三变科技 SANBIAN SCI-TECH Announcement on Confirmation of Directors' and Senior Management's 2025 and 2026 Remuneration Plans Stock Code: 002112 Stock Abbreviation: Sanbian Sci-Tech Announcement No.: 2026-017 Sanbian Sci-Tech Co., Ltd. Announcement on Confirmation of Directors' and Senior Management's 2025 and 2026 Remuneration Plans The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions. Sanbian Sci-Tech Co., Ltd. (hereinafter referred to as the "Company") held the fourth meeting of the Eighth Board of Directors on April 23, 2026, and deliberated and passed the "Proposal on Confirmation of Directors' 2025 and 2026 Remuneration Plans" and the "Proposal on Confirmation of Senior Management's 2025 and 2026 Remuneration Plans." Related directors abstained from voting. The aforementioned director remuneration plans need to be submitted to the Company's 2025 Shareholders' Meeting for deliberation. The relevant matters are hereby announced as follows: I. Remuneration of Company Directors and Senior Management in 2025 Based on the Company's operating performance in 2025 and the Company's relevant remuneration management measures, the Company assessed and determined the remuneration for independent directors, non-independent directors holding specific positions within the Company, employee representative directors, and senior management. The remuneration for independent directors is issued quarterly in the form of allowances. The 2025 remuneration for directors and senior management is disclosed in the relevant sections of the "Company's 2025 Annual Report." II. Remuneration Plan for Company Directors and Senior Management in 2026 To further improve the Company's incentive and restraint mechanisms and fully mobilize the enthusiasm of directors and senior management, in accordance with relevant laws and regulations, the "Articles of Association," and the "Remuneration Management System for Directors and Senior Management," and by referencing the industry status and regional income levels of the Company, as well as the Company's actual operating conditions and performance evaluation requirements, the remuneration plan for directors and senior management in 2026 is formulated as follows: (I) Applicable Objects: Directors and senior management serving during their term in 2026; (II) Applicable Period: January 1, 2026, to December 31, 2026 (III) Remuneration Composition and Standards
- Non-independent directors who sign labor contracts with the Company and hold positions within the Company shall receive remuneration from the Company and shall not receive additional director allowances. The Company may adjust the annual remuneration of directors moderately based on the remuneration management measures, combined with the annual operating performance, work performance, and contribution. External non-independent directors shall not receive director allowances from the Company. The remuneration of the Chairman shall be implemented in accordance with the remuneration system for senior management.
- The allowance for independent directors of the Company is RMB 80,000 per year (pre-tax).
- The remuneration for senior management is composed of base salary, performance remuneration, and long-term incentives, of which performance remuneration shall not be less than fifty percent of the total base salary and performance remuneration. Base salary reflects the value of senior management's fulfillment of their position responsibilities and provision of basic labor to the Company. Base salary is paid monthly and is matched to position responsibilities, qualifications, and management responsibilities. Performance remuneration is linked to the Company's operating performance and fulfillment of position responsibilities. It is determined based on a comprehensive assessment of the Company's annual operating performance and fulfillment of position responsibilities, and is paid annually. A certain proportion of performance remuneration will be paid after the annual report is disclosed and the performance evaluation is completed, with the performance evaluation based on audited financial data. Long-term incentives: The Company may implement long-term incentives for internal directors and senior management through means such as equity incentives, employee stock ownership plans, and special awards. Incentives are primarily determined based on the fulfillment of position responsibilities, the completion of annual operating goals and individual performance indicators, and other relevant indicators. Related matters shall be handled in accordance with relevant laws and regulations, the "Articles of Association," and internal company policies. III. Other Matters
- The aforementioned remuneration/allowances are all pre-tax amounts. The Company will withhold and pay individual income tax, various social insurance premiums, housing provident fund (if any), and other expenses in accordance with national and Company regulations, and the remaining amount will be disbursed. The allowances for independent directors will be disbursed quarterly.
- Travel expenses incurred by Company directors and senior management for attending board meetings, shareholders' meetings, and other duties shall be reimbursed by the Company.
- If directors and senior management of the Company leave their positions due to term expiration, election changes, resignation during their term, etc., their remuneration shall be calculated and paid based on their actual tenure.
- In accordance with the "Articles of Association" and other relevant regulations, the aforementioned senior management remuneration plan shall take effect after being deliberated and passed by the Company's Board of Directors. The aforementioned director remuneration plan needs to be submitted to the Company's 2025 Shareholders' Meeting for deliberation. IV. Documents for Reference
- Resolution of the First Meeting of the Remuneration and Appraisal Committee of the Eighth Board of Directors of the Company;
- Resolution of the Fourth Meeting of the Eighth Board of Directors of the Company; Hereby announced. Sanbian Sci-Tech Co., Ltd. Board of Directors April 25, 2026