002353SZSE

Announcement on Confirmation of 2025 Director and Senior Management Remuneration and 2026 Director and Senior Management Remuneration Plan

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This announcement details the remuneration for directors and senior management of Yantai Jereh Oilfield Services Group Co., Ltd. It confirms 2025 remuneration and outlines the 2026 remuneration plan, which aims to improve corporate governance and long-term sustainable development. The plan applies to all directors and senior management for the 2026 fiscal year.

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Securities Code: 002353 Securities Abbreviation: Jereh Shares Announcement No.: 2026-024

Yantai Jereh Oilfield Services Group Co., Ltd.

Announcement on Confirmation of 2025 Director and Senior Management Remuneration and 2026 Director and Senior Management Remuneration Plan

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.

Yantai Jereh Oilfield Services Group Co., Ltd. (hereinafter referred to as the "Company") held the third meeting of the seventh Board of Directors on April 15, 2026. The meeting deliberated and approved the "Proposal on Confirmation of 2025 Director Remuneration and 2026 Director Remuneration Plan" and the "Proposal on Confirmation of 2025 Senior Management Remuneration and 2026 Senior Management Remuneration Plan." Relevant directors abstained from voting. Among these, the "Proposal on Confirmation of 2025 Director Remuneration and 2026 Director Remuneration Plan" still needs to be submitted for deliberation at the Company's 2025 Shareholders' Meeting. The specific details are announced as follows:

I. Remuneration Situation for Directors and Senior Management in 2025

In 2025, non-independent directors and senior management received remuneration based on their specific positions held within the Company in accordance with the Company's relevant remuneration regulations. Their remuneration includes base salary and performance bonus, with the performance bonus assessed and distributed based on their specific positions within the Company according to relevant Company regulations. Non-independent directors do not receive director allowances. The remuneration for independent directors is issued in the form of allowances, with a standard allowance of RMB 60,000 per year (pre-tax).

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