Resolution Announcement of the 17th Meeting of the 7th Board of Directors

Shenzhen INVT Electric Co., Ltd. Announcement (2026) Announcement No.: 2026-019 Stock Code: 002334 Stock Abbreviation: INVT Resolution Announcement of the 17th Meeting of the 7th Board of Directors 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. Shenzhen INVT Electric Co., Ltd. (hereinafter referred to as the "Company") convened the 17th meeting of the 7th Board of Directors. The notice and meeting materials were sent to all directors on April 3, 2026. The meeting was held on April 16, 2026 (Thursday) at 10:00 AM in the conference room on the 8th floor of the INVT Guangming Science and Technology Building, Songbai Road, Matian Street, Guangming District, Shenzhen, Guangdong Province, combining on-site and teleconference methods. It was convened and presided over by Chairman Mr. Huang Shenli. A total of 9 directors were eligible to attend, and 9 directors attended in person. The convening and holding of the meeting complied with relevant laws, administrative regulations, departmental rules, normative documents, and the "Articles of Association" of the Company. After careful deliberation and voting by all attending directors, the following resolutions were formed: I. The "Proposal on the First Quarter Report of 2026" was deliberated and approved by 9 votes in favor, 0 votes against, and 0 abstentions. This proposal has been reviewed and approved by the Audit Committee of the Company's Board of Directors. The "First Quarter Report of 2026" can be found on the Company's designated information disclosure media, "Securities Times," "China Securities Journal," and the Juchao Information Network (www.cninfo.com.cn). II. The "Proposal on Cancelling Part of the Stock Options" was deliberated and approved by 5 votes in favor, 0 votes against, and 0 abstentions. In accordance with the "Administrative Measures for Equity Incentives of Listed Companies," the Company's "2025 Restricted Stock and Stock Option Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan"), and the "Implementation and Assessment Management Measures for the 2025 Restricted Stock and Stock Option Incentive Plan," and other relevant regulations, given that 9 incentive recipients of the stock options granted for the first time under the "Incentive Plan" have resigned due to personal reasons and are no longer eligible for incentives, it is agreed to cancel 198,000 stock options that have been granted but not yet exercised. Concurrently, given that the performance assessment targets for the first exercise period of the stock options granted for the first time under the "Incentive Plan" were not met, it is agreed to cancel 2,577,600 stock options for all incentive recipients (excluding those who have resigned) that do not meet the exercise conditions. The total number of stock options to be cancelled in the aforementioned circumstances is 2,775,600. Related directors Tian Huachen, Yang Lin, Zhang Qing, and Du Yuxiong abstained from voting. This proposal has been reviewed and approved by the Nomination and Remuneration Committee of the Company's Board of Directors. The "Announcement on Cancelling Part of the Stock Options" can be found on the Company's designated information disclosure media, "Securities Times," "China Securities Journal," and the Juchao Information Network (www.cninfo.com.cn). III. The "Proposal on Repurchasing and Cancelling Part of the Restricted Shares" was deliberated and approved by 5 votes in favor, 0 votes against, and 0 abstentions. In accordance with the "Administrative Measures for Equity Incentives of Listed Companies," the Company's "Incentive Plan," and the "Implementation and Assessment Management Measures for the 2025 Restricted Stock and Stock Option Incentive Plan," and other relevant regulations, given that the performance assessment targets set for the first vesting period of the initial grant under the "Incentive Plan" were not met, it is agreed to repurchase and cancel 2,682,000 restricted shares for all incentive recipients that do not meet the vesting conditions. The repurchase price for this batch is the grant price of RMB 4.80 per share. Related directors Tian Huachen, Yang Lin, Zhang Qing, and Du Yuxiong abstained from voting. This proposal has been reviewed and approved by the Nomination and Remuneration Committee of the Company's Board of Directors. The "Announcement on Repurchasing and Cancelling Part of the Restricted Shares" can be found on the Company's designated information disclosure media, "Securities Times," "China Securities Journal," and the Juchao Information Network (www.cninfo.com.cn). This proposal needs to be submitted to the 2025 Annual General Meeting of Shareholders for consideration. IV. The "Proposal on Changing the Registered Capital and Amending the Articles of Association" was deliberated and approved by 9 votes in favor, 0 votes against, and 0 abstentions. Due to the repurchase and cancellation of some restricted shares during the implementation of the 2025 Restricted Stock and Stock Option Incentive Plan, which resulted in a corresponding change in the Company's total share capital, and considering the actual needs of corporate governance, the Company intends to change its registered capital and make corresponding amendments to the "Articles of Association." The "Announcement on Changing the Registered Capital and Amending the Articles of Association" can be found on the Company's designated information disclosure media, "Securities Times," "China Securities Journal," and the Juchao Information Network (www.cninfo.com.cn). This proposal needs to be submitted to the 2025 Annual General Meeting of Shareholders for consideration. V. The "Proposal on Formulating the 'Remuneration Management System for Directors and Senior Management'" was deliberated and approved by 9 votes in favor, 0 votes against, and 0 abstentions. This proposal has been reviewed and approved by the Nomination and Remuneration Committee of the Company's Board of Directors. The "Remuneration Management System for Directors and Senior Management" can be found on the Juchao Information Network (www.cninfo.com.cn). This proposal needs to be submitted to the 2025 Annual General Meeting of Shareholders for consideration. VI. The "Proposal on Convening the 2025 Annual General Meeting of Shareholders" was deliberated and approved by 9 votes in favor, 0 votes against, and 0 abstentions. The Company has scheduled the 2025 Annual General Meeting of Shareholders for May 12, 2026 (Tuesday) at 2:30 PM. The meeting will be held in the Multi-function Hall on the 13th floor of the INVT Guangming Science and Technology Building, Songbai Road, Matian Street, Guangming District, Shenzhen, Guangdong Province. The stock registration date is May 6, 2026 (Wednesday). This general meeting will be held through a combination of on-site voting and online voting. Hereby announced. Shenzhen INVT Electric Co., Ltd. Board of Directors April 16, 2026