Kehua Data Co., Ltd. Board of Directors' Compensation and Assessment Committee
Review Opinion on Matters Related to the Company's 2026 Restricted Stock Incentive Plan
The Compensation and Assessment Committee of Kehua Data Co., Ltd. (hereinafter referred to as the "Company") has, in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Securities Law of the People's Republic of China" (hereinafter referred to as the "Securities Law"), the "Administrative Measures for Equity Incentives of Listed Companies" (hereinafter referred to as the "Administrative Measures"), the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Business Handling," and other relevant laws, regulations, normative documents, and the "Articles of Association," reviewed and deliberated on the adjustment of the grant price and grant number of shares for the Company's 2026 Restricted Stock Incentive Plan (hereinafter referred to as the "Incentive Plan") and the initial grant matters, and hereby issues the following review opinion:
I. Opinion on Adjusting Matters Related to the 2026 Restricted Stock Incentive Plan
Upon review, the Compensation and Assessment Committee believes that the Company's adjustments to matters related to the 2026 Restricted Stock Incentive Plan comply with the "Administrative Measures" and other relevant laws, regulations, normative documents, and the provisions of the Company's "2026 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan"). Within the scope of authorization from the Company's 2025 Annual General Meeting of Shareholders, these adjustments do not harm the interests of the Company and all shareholders. The Compensation and Assessment Committee agrees to adjust the grant price and grant number of shares under the Incentive Plan.