Independent Director's 2025 Annual Work Report (Dai Bingjie)
Dear shareholders and shareholder representatives:
As an independent director of Shenzhen Walden Materials Co., Ltd. (hereinafter referred to as "the Company"), I have strictly fulfilled my duties during my tenure in 2025 in accordance with the "Company Law of the People's Republic of China," "Management Measures for Independent Directors of Listed Companies," "Shenzhen Stock Exchange Listing Rules," and other relevant laws and regulations, as well as the Company's Articles of Association and Independent Director Work System. I have fully exercised the role of an independent director and effectively safeguarded the legitimate rights and interests of the Company and all shareholders, especially minority shareholders. I hereby report on my performance in 2025 as follows:
1. Basic Information of the Independent Director
Ms. Dai Bingjie, of Chinese nationality, born in 1991, with a bachelor's degree. Previously worked at Yichang Hongyuan Highway Engineering Consulting and Supervision Co., Ltd. Joined Yichang Tongshida Transportation Development Co., Ltd. in July 2013, serving as Supply Chain Supervisor, Accounts Supervisor, and Legal Manager, and has been the Operations Manager since October 2024. I have served as an independent director of the Company since November 2022 and am the Chair of the Board's Compensation and Assessment Committee and a member of the Nomination Committee. After self-examination, I confirm that I meet the independence requirements set forth in the relevant laws and regulations regarding independent directors and that there are no circumstances affecting my independence.
2. Performance in 2025
(1) Attendance at Board and Shareholder Meetings
In 2025, the Company held 13 board meetings and 3 shareholder meetings. My attendance is as follows:
| Independent Director Name | Total Board Meetings Required | In-Person Attendance | Proxy Attendance | Absences | Consecutive Absences | Total Shareholder Meetings | Attendance at Shareholder Meetings |
|---|---|---|---|---|---|---|---|
| Dai Bingjie | 13 | 13 | 0 | 0 | No | 3 | 2 |
I actively participated in the board and shareholder meetings, carefully reviewing all proposals and related materials, utilizing my professional knowledge to provide reasonable suggestions and opinions on board proposals. After prudent review, I confirm that the convening and holding of board and shareholder meetings complied with legal procedures, and necessary decision-making processes were followed for significant operational decisions and other major matters. In 2025, I voted in favor of all proposals reviewed by the board, with no objections or abstentions.
(2) Participation in Board Committees
As the Chair of the Compensation and Assessment Committee and a member of the Nomination Committee of the 7th and 8th Board, I diligently fulfilled my responsibilities in 2025, actively participating in the review of significant matters and providing professional and compliant opinions and suggestions to the board. Specifics are as follows:
- Work as Chair of the Compensation and Assessment Committee
In 2025, the Compensation and Assessment Committee held 5 meetings, all of which I attended. We reviewed the 2025 Employee Stock Ownership Plan, the 2025 Stock Option Incentive Plan, and the compensation for directors and senior management, among other matters. I carefully examined the core terms, verified the qualifications of incentive recipients, and ensured that the incentive measures aligned with the Company's strategic goals, fulfilling my responsibilities as Chair.