Securities Code: 002363 Securities Abbreviation: Longi Machinery Announcement No.: 2026-010 Shandong Longi Machinery Co., Ltd. Announcement on Repurchasing and Canceling Part of the 2022 Restricted Stock Incentive Plan Shares The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions. Shandong Longi Machinery Co., Ltd. (hereinafter referred to as the "Company") approved the implementation of the 2022 Restricted Stock Incentive Plan (hereinafter referred to as the "Incentive Plan") at its first extraordinary general meeting of shareholders in 2022. Given that the third vesting period for the initial grant under the Incentive Plan has not been met, in accordance with the "Administrative Measures for Equity Incentives of Listed Companies," "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guide No. 1 — Business Handling," and the "2022 Restricted Stock Incentive Plan (Draft)," among other regulations, the Company held its 13th meeting of the Sixth Board of Directors on April 28, 2026. The meeting deliberated and approved the "Proposal on Repurchasing and Canceling Part of the 2022 Restricted Stock Incentive Plan Shares." The Company plans to repurchase and cancel a total of 795,000 restricted shares granted to the incentive plan participants that have not yet vested, at a repurchase price of 3.611 RMB per share.
I. Decision-Making Procedures and Information Disclosure for the Incentive Plan
(I) On October 24, 2022, the 14th meeting of the Fifth Board of Directors deliberated and approved the "Proposal on the <2022 Restricted Stock Incentive Plan (Draft) and its Summary> of Shandong Longi Machinery Co., Ltd.," the "Proposal on the <Implementation and Assessment Management Measures for the 2022 Restricted Stock Incentive Plan of Shandong Longi Machinery Co., Ltd.>" and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the 2022 Restricted Stock Incentive Plan by the General Meeting of Shareholders."