Hangzhou Hikvision Digital Technology Co., Ltd.
2025 Annual Independent Director's Report
As an independent director of Hangzhou Hikvision Digital Technology Co., Ltd. (hereinafter referred to as "Hikvision" or the "Company"), I, in accordance with the requirements of laws, regulations, and normative documents such as the "Company Law," "Securities Law," "Guiding Opinions on Corporate Governance of Listed Companies," and "Measures for the Administration of Independent Directors of Listed Companies," as well as the "Articles of Association" and the "Work System for Independent Directors," actively attended company meetings, diligently reviewed all proposals, faithfully and diligently performed my duties, and protected the interests of the Company and its shareholders, especially small and medium shareholders. The following is my performance report for 2025:
I. Basic Information of Independent Directors
(I) Work Experience, Professional Background, and Concurrent Positions
Mr. Tan Xiaofen holds a Bachelor's and Master's degree in Economics and Management from Beijing Normal University and a Ph.D. from the Chinese Academy of Social Sciences, with research areas in finance, macroeconomics, and international economics. He is a doctoral supervisor, a visiting scholar at Columbia University, a chief expert for major projects of the National Social Science Fund, a chief expert for key projects of the National Natural Science Fund, and a chief expert for major projects of the Ministry of Education's Philosophy and Social Sciences Fund for Post-Funding Support. He has served as a professor at the School of Finance, Central University of Finance and Economics, Vice Dean of the School of Finance, Central University of Finance and Economics, Director of the Human Resources Department, Director of the Talent Work Office, Minister of the Faculty Work Department, Director of the Development Planning Department, and Director of the Discipline Construction Office at Central University of Finance and Economics. He is currently a professor of finance at the School of Economics and Management, Beihang University, a recipient of the Blue Sky Plan Outstanding Young Scholar award, a recipient of the Ministry of Education's Changjiang Young Scholar award, an independent director of Minsheng Jiayin Fund Management Co., Ltd. and Sunshine Life Insurance Co., Ltd., and an independent director of this Company.
(II) Statement on Independence
I do not hold any other positions in the Company besides independent director, nor do I hold any positions in the companies of the Company's major shareholders. I perform my duties independently and have no relationship with the Company, its major shareholders, or its actual controllers that could hinder my independent and objective judgment.
In 2025, I conducted a self-assessment of my independence and confirmed that I meet the independence requirements for serving as an independent director of Hikvision as stipulated by applicable laws and regulations. I submitted the self-assessment results to the Board of Directors. The Board of Directors assessed my independence and concluded that my tenure as an independent director meets the independence requirements stipulated in Article 6 of the "Measures for the Administration of Independent Directors of Listed Companies" and that there are no circumstances affecting my independence.
II. Performance in 2025
(I) Attendance at Meetings
In 2025, the Company held 2 shareholder meetings and 4 board meetings. I personally attended all relevant meetings, having sufficient time and energy to effectively perform my duties, and did not have any instances of absence, entrusting others to attend, or missing two consecutive meetings without personal attendance. I believe that the convening and holding of the meetings complied with legal procedures, and the decision-making on relevant matters fulfilled the necessary approval procedures and disclosure obligations, in accordance with relevant laws, regulations, and the "Articles of Association." My attendance at meetings in 2025 is as follows: