Securities Code: 002311 Securities Abbreviation: Haida Group Announcement Number: 2026-022 Guangdong Haida Group Co., Ltd. Announcement on the Failure to Meet Exercise Conditions for the First Tranche Fifth Exercise Period and the Fourth Tranche of the 2021 Stock Option Incentive Plan and the Cancellation of Stock Options The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions. Guangdong Haida Group Co., Ltd. (hereinafter referred to as the "Company" or "this Company") held its Sixth Meeting of the Seventh Board of Directors on April 24, 2026, and deliberated and approved the "Proposal on the Failure to Meet Exercise Conditions for the Fifth Exercise Period of the First Tranche and the Fourth Exercise Period of the Fourth Tranche of the 2021 Stock Option Incentive Plan and the Cancellation of Stock Options." The relevant situation is hereby announced as follows: I. Decision-Making Procedures and Approval Status of the 2021 Stock Option Incentive Plan
- On May 20, 2021, the Company held its 2020 Annual General Meeting of Shareholders, which deliberated and approved the "2021 Stock Option Incentive Plan (Revised Draft)" (hereinafter referred to as the "2021 Stock Option Incentive Plan"), the "Performance Assessment and Management Measures for the 2021 Stock Option Incentive Plan," and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the Company's 2021 Stock Option Incentive Plan."
- On June 10, 2021, the Company held the Twentieth Meeting of the Fifth Board of Directors and the Sixteenth Meeting of the Fifth Supervisory Board, which deliberated and approved the "Proposal on Adjusting the List of Grantees and the Number of Options Granted for the First Tranche of the 2021 Stock Option Incentive Plan" and the "Proposal on Granting Stock Options to the Grantees of the First Tranche of the 2021 Stock Option Incentive Plan." The list of grantees and the number of options granted for the first tranche of the 2021 stock option incentive plan were adjusted; at the same time, the grant date for the first tranche of the 2021 stock option incentive plan was determined to be June 10, 2021, and a total of 47.9532 million stock options were granted to 4,003 eligible grantees. The Company completed the registration of the first grant of the 2021 stock option incentive plan on June 28, 2021. During the process of registering the stock options after the grant date, 17 grantees (with a total of 114,000 intended stock options) did not meet the stock option grant conditions due to resignation. Therefore, the Company actually granted a total of 47.8392 million stock options to 3,986 grantees.
- On May 16, 2022, the Company held the Twenty-Seventh Meeting of the Fifth Board of Directors and the Twenty-Second Meeting of the Fifth Supervisory Board, which deliberated and approved the "Proposal on Adjusting the Exercise Price of the 2021 Stock Option Incentive Plan" and the "Proposal on Matters Related to the Grant of Reserved Stock Options for the 2021 Stock Option Incentive Plan." Due to the Company's 2020 equity distribution, the exercise price for the first tranche and reserved tranche of the 2021 stock option incentive plan was adjusted from RMB 59.68 per share to RMB 59.36 per share. It was agreed that the grant date for the reserved stock options of the 2021 stock option incentive plan would be May 16, 2022, and a total of 6.8251 million reserved stock options were granted to 1,044 eligible grantees at an exercise price of RMB 59.36 per share. The Company completed the registration of the grant of reserved stock options for the 2021 stock option incentive plan on June 24, 2022. During the process of registering the stock options after the grant date, 32 grantees did not meet the stock option grant conditions due to resignation, totaling 26,700 stock options. Therefore, the Company actually granted 6.7984 million reserved stock options to 1,012 grantees.
- On January 31, 2023, the Company held the Sixth Meeting of the Sixth Board of Directors and the Fifth Meeting of the Sixth Supervisory Board, which deliberated and approved the "Proposal on Adjusting the Exercise Price of the 2021 Stock Option Incentive Plan," the "Proposal on Cancelling Part of the Stock Options of the 2021 Stock Option Incentive Plan," and the "Proposal on the Achievement of the Exer