[Chart: Oriental Energy Logo]
Stock Code: 002221 Stock Abbreviation: Oriental Energy Announcement No.: 2026-043
Oriental Energy Co., Ltd.
Summary of the First Employee Stock Ownership Plan (Draft)
June 2026
Statement
The Company and all members of the Board of Directors guarantee that the contents of this Employee Stock Ownership Plan are true, accurate, and complete, and contain no false records, misleading statements, or major omissions, and they assume individual and joint legal liability for the truthfulness, accuracy, and completeness of its contents.
Risk Warning
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The First Employee Stock Ownership Plan of Oriental Energy Co., Ltd. (hereinafter referred to as "Oriental Energy", "the Company" or "this Company") can only be implemented after approval by the Company's general meeting of shareholders. There is uncertainty as to whether this plan will be approved by the general meeting of shareholders.
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The specific number of participants, capital scale, stock scale, and implementation plan for this Employee Stock Ownership Plan are preliminary results. There is uncertainty as to whether the implementation can be completed.
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If the funds subscribed by employees are low, there is a risk that this Employee Stock Ownership Plan will not be established; if the employees' capital contribution is insufficient, there is a risk that this Employee Stock Ownership Plan will be lower than the expected scale.
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After this Employee Stock Ownership Plan is established, it will be entrusted to a professional institution with asset management qualifications for management. The relevant trust contract or asset management contract for this Employee Stock Ownership Plan has not yet been signed, and there is uncertainty.
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At present, the collective trust product or asset management product has not been established. In the future, there may be a risk that the trust product or asset management product cannot be implemented due to changes in relevant regulatory policies.
Investors are advised to make decisions cautiously and pay attention to investment risks.
Special Tips
The terminology in this section is consistent with the "Definitions" section.
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The First Employee Stock Ownership Plan of Oriental Energy Co., Ltd. (hereinafter referred to as "this Employee Stock Ownership Plan" or "the Employee Stock Ownership Plan") is formulated by the Company in accordance with the "Company Law of the People's Republic of China", the "Securities Law of the People's Republic of China", the "Guiding Opinions on Pilot Projects for Employee Stock Ownership Plans of Listed Companies", and other relevant laws, administrative regulations, departmental rules, normative documents, and the "Articles of Association".
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The scope of participants in this Employee Stock Ownership Plan includes directors, senior management, formal employees of the Company and its controlled subsidiaries, and other personnel determined by the Board of Directors. Participants must work at the Company or its controlled subsidiaries, receive remuneration, and have signed labor contracts. The total number of participants shall not exceed 60, and the specific number of participants shall be determined based on the actual payment status of the employees.
The Board of Directors may adjust the list of employees participating in the stock ownership plan and the allocation based on changes in personnel. The Employee Stock Ownership Plan follows the principles of independent decision-making by the Company and voluntary participation by employees, and there is no situation where the Company apportions or forcibly assigns employees to participate in this Employee Stock Ownership Plan.
- The highest internal management authority of this Employee Stock Ownership Plan is the Holders' Meeting, and the Holders' Meeting authorizes the Management Committee to be responsible for the specific management matters of the Employee Stock Ownership Plan. This Employee Stock Ownership Plan will maintain independence from the Company's controlling shareholder, actual controller, directors, and senior management in terms of operational affairs. This Employee Stock Ownership Plan does not have an acting-in-concert relationship with the Company's controlling shareholder, actual controller, directors, or senior management.