Securities Code: 002293 Securities Abbreviation: Luolai Lifestyle Announcement No.: 2026-012 Luolai Lifestyle Technology Co., Ltd. Announcement on the 2026 Salary and Incentive Plan for Directors and Senior Management The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions. To further improve the corporate governance structure of Luolai Lifestyle Technology Co., Ltd. (hereinafter referred to as the "Company"), enhance the Company's management level, and establish and improve the incentive and restraint mechanism for operators, in accordance with the "Company Law of the People's Republic of China," the "Code of Corporate Governance for Listed Companies," and other relevant laws and regulations, as well as the "Articles of Association," and considering the Company's operating scale, development level, and actual situation, as well as industry and local salary levels, this plan is formulated: I. Scope of Application Directors and senior management personnel who receive salaries (allowances) and incentives from the Company. II. Validity Period of this Plan January 1, 2026, to December 31, 2026. III. Salary (Allowance) and Incentive Standards (I) Company Director Salaries (Allowances):
| Name | Position | Salary Plan |
|---|---|---|
| Xuei Wei cheng | Chairman | Receive a position salary of 480,000 yuan. |
| Xuei Wei bin | Vice Chairman | Receive a position salary of 480,000 yuan. |
| Xue Jia chen | Director | Do not receive director salary (allowance); receive salary based on senior management position. |
| Tao Yong ying | Director | Receive a position salary of 436,000 yuan; bonuses fluctuate based on the Company's operating performance. |
| Independent Director | Receive an annual independent director allowance of 96,000 yuan. | |
| (II) Company Senior Management Salaries: | ||
| Name | Position | Salary Plan |
| :-------- | :------- | :------------------------------------------------------------------------------------------------------------------------------------- |
| Xue Jia chen | President | Receive a position salary of 1,320,000 yuan; bonuses fluctuate based on the Company's operating performance. |
| Wang Liang | Vice President | Receive a position salary of 1,200,000 yuan; bonuses fluctuate based on the operating performance of the Company and business units. |
| Leng Zhi min | Vice President | Receive a position salary of 1,200,000 yuan; bonuses fluctuate based on the operating performance of the Company and business units. |
| Chen Xiao dong | Chief Financial Officer | Receive a position salary of 1,060,000 yuan; bonuses fluctuate based on the Company's operating performance. |
| Ding Wei | Secretary of the Board | Receive a position salary of 420,000 yuan; bonuses fluctuate based on the Company's operating performance. |
| The remuneration for non-independent directors and senior management of the Company consists of basic salary, performance salary, and long-term incentives. The proportion of performance salary shall generally not be less than 50% of the total of basic salary and performance salary. Basic salary is determined based on the salary levels of similar positions in the same industry and region, job responsibilities, and performance. Basic salary is paid monthly as a fixed salary. Performance salary is linked to the achievement of the Company's target performance and individual performance appraisal indicators and is coordinated with the Company's sustainable development. A certain proportion of performance salary will be paid after the Company's annual report is disclosed and the performance evaluation is completed. Long-term incentives will be implemented by the Company based on operating conditions and market changes, such as stock options, restricted stock, employee stock ownership plans, and other long-term special bonuses or rewards. Specific plans will be formulated separately in accordance with relevant national laws and regulations. | ||
| IV. Approval Procedures | ||
| The salary (allowance) and incentive plan for directors and senior management has been reviewed by the Remuneration and Appraisal Committee of the Board of Directors and the 20th meeting of the Sixth Board of Directors. | ||
| The 2026 salary (allowance) and incentive plan for directors needs to be submitted to the Company's shareholders' meeting for deliberation and approval before implementation. The 2026 salary and incentive plan for the Company's senior management will be implemented after being approved by the Board of Directors. | ||
| V. Distribution Method | ||
| Distribution will be carried out in accordance with the "Salary Management System for Directors and Senior Management" formulated by the Company. | ||
| VI. Other Provisions | ||
| The aforementioned salaries, allowances, and bonuses are all pre-tax amounts, and the individual income tax involved will be withheld and paid by the Company. | ||
| Hereby announced. | ||
| Luolai Lifestyle Technology Co., Ltd. | ||
| Board of Directors | ||
| April 23, 2026 |