002431SZSE

Announcement on Confirmation of Directors' and Senior Management's 2025 Remuneration and 2026 Remuneration Plan

ST Palm Co., Ltd.·

✨ AI Summary

This announcement confirms the 2025 remuneration for directors and senior management and outlines the proposed 2026 remuneration plan. It details the remuneration structure, principles, and specific amounts for non-independent directors, independent directors, and senior management. The plan aims to align remuneration with performance and company results, with specific figures provided for 2025 and proposed for 2026.

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Announcement on Confirmation of Directors' and Senior Management's 2025 Remuneration and 2026 Remuneration Plan

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

Palm Eco-Town Development Co., Ltd. (hereinafter referred to as the "Company") held its sixth Board of Directors meeting on April 23, 2026, and reviewed and approved the "Proposal on Confirmation of Directors' 2025 Remuneration and 2026 Remuneration Plan" and the "Proposal on Confirmation of Senior Management's 2025 Remuneration and 2026 Remuneration Plan." The 2025 remuneration for the Company's directors and the 2026 remuneration plan are subject to review by the Company's 2025 Annual Shareholders' Meeting. The details are as follows:

1. Review and Decision-Making on the 2025 Remuneration Plan for Directors and Senior Management

(I) Review and Decision-Making on the 2025 Remuneration Plan for Non-Independent Directors

The Company held its thirty-fourth meeting of the sixth Board of Directors on September 28, 2025, and reviewed and approved the "Proposal on Adjusting the Remuneration Plan for Non-Independent Directors." This remuneration plan was approved by the Company's 2025 Fourth Extraordinary Shareholders' Meeting on October 16, 2025. The Company's non-independent directors' remuneration for 2025 will be executed in accordance with this plan.

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