Jicheng Electronics Co., Ltd.
Management System for Directors' and Senior Management's Remuneration
(April 2026 Revision)
Chapter 1 General Provisions
Article 1 To further improve the remuneration management of the Company's directors and senior management, establish scientific and effective incentive and restraint mechanisms, effectively mobilize the work enthusiasm of the Company's directors and senior management, and improve the Company's operational management efficiency, this Remuneration Management System is formulated in accordance with the "Company Law of the People's Republic of China," the "Corporate Governance Guidelines for Listed Companies," the "Articles of Association," and other relevant regulations.
Article 2 This System applies to directors and senior management as stipulated in the "Articles of Association."
Article 3 The Company's remuneration system follows the following principles: (1) Principle of Fairness: Reflects the principle that income levels are consistent with the Company's scale and performance, while also considering market remuneration levels. (2) Principle of Unity of Responsibility, Rights, and Benefits: Reflects that remuneration is commensurate with the value of the position and the extent of responsibilities and obligations. (3) Principle of Long-Term Development: Reflects that remuneration is consistent with the goal of the Company's sustained and healthy development. (4) Principle of Equal Emphasis on Incentives and Restraints: Reflects that remuneration payment is linked to performance appraisal, rewards and punishments, and incentive mechanisms.