002402SZSE

Announcement on the Achievement of Conditions for the Third Vesting Period of the 2022 Restricted Stock Incentive Plan

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Shenzhen and Hisense Intelligent Control Co., Ltd. announces that the conditions for the third vesting period of its 2022 Restricted Stock Incentive Plan have been met. A total of 226 eligible employees will be able to vest 4.9472 million shares, representing 0.5350% of the company's total share capital. The company has completed all necessary approval procedures and will proceed with the vesting process as per the plan.

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Securities Code: 002402 Securities Abbreviation: Hisense Announcement Number: 2026-027 Shenzhen and Hisense Intelligent Control Co., Ltd. Announcement on the Achievement of Conditions for the Third Vesting Period of the 2022 Restricted Stock Incentive Plan

The Company and the entire Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.

Special Reminder:

  1. The conditions for the third vesting period of the 2022 Restricted Stock Incentive Plan of Shenzhen and Hisense Intelligent Control Co., Ltd. have been met. The number of eligible employees for this period is 226, and the number of restricted shares that can be vested is 4.9472 million shares, accounting for 0.5350% of the company's current total share capital.
  2. After completing the relevant vesting procedures and before the shares are listed and circulated, the Company will issue a relevant notice announcement. Investors are kindly requested to pay attention.

Shenzhen and Hisense Intelligent Control Co., Ltd. (hereinafter referred to as the "Company") held the third meeting of the Seventh Board of Directors on April 24, 2026, and deliberated and approved the "Proposal on the Achievement of Conditions for the Third Vesting Period of the 2022 Restricted Stock Incentive Plan." In accordance with the "Administrative Measures for Equity Incentives of Listed Companies," the Company's "2022 Restricted Stock Incentive Plan (Draft) (Revised Draft)" (hereinafter referred to as the "Incentive Plan") and other relevant regulations, as well as the authorization granted by the fourth extraordinary general meeting of shareholders in 2022 to the Board of Directors, the Board of Directors believes that the conditions for the third vesting period of the 2022 Restricted Stock Incentive Plan have been met. Furthermore, the incentive plan implemented this time is consistent with the previously disclosed incentive plan. The Board of Directors agreed to handle the relevant matters of vesting of restricted shares for the third vesting period of the 2022 Restricted Stock Incentive Plan in accordance with the relevant provisions of the Incentive Plan. A total of 226 eligible employees meet the conditions for vesting, and the number of restricted shares that can be vested is 4.9472 million shares, accounting for 0.5350% of the company's current total share capital. The relevant matters are hereby announced as follows:

I. Approval Procedures Already Completed for This Incentive Plan

  1. On November 30, 2022, the Company held the third meeting of the Sixth Board of Directors and the third meeting of the Sixth Supervisory Board.

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