Hunan Friendship Apollo Commercial Co., Ltd. (hereinafter referred to as "the Company") held the ninth meeting of the seventh board of directors on April 28, 2026, to review and approve the proposals regarding the confirmation of compensation plans for directors and senior management for the years 2025 and 2026. Related directors abstained from voting, and the director compensation plan is subject to approval at the Company's 2025 annual shareholder meeting. The relevant matters are announced as follows:
1. Confirmation of Compensation for Directors and Senior Management for 2025
In 2025, non-independent directors and senior management holding specific positions in the Company will receive compensation according to the Company's relevant compensation and performance assessment management system. Independent directors will receive allowances on a quarterly basis. Details of the compensation for directors and senior management in 2025 can be found in the "Compensation of Directors and Senior Management" section of the 2025 Annual Report.