Announcement on the First Grant of the Fourth Exercise Period of the 2021 Stock Option Incentive Plan Adopting the Independent Exercise Mode

Securities Code: 002475 Bond Code: 128136 Securities Abbreviation: Luxshare Precision Bond Abbreviation: Luxshare Convertible Bond Announcement Number: 2026-048

Luxshare Precision Industrial Co., Ltd.

Announcement on the First Grant of the Fourth Exercise Period of the 2021 Stock Option Incentive Plan Adopting the Independent Exercise Mode

The Company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Special Reminder:

1. The first grant of the 2021 stock option incentive plan option abbreviation is: Luxshare JLC4, option code: 037192.
2. A total of 7,834,420 stock options can be exercised by 806 eligible employees in the fourth exercise period of the first grant of the 2021 stock option incentive plan, with an exercise price of ¥34.97 per share.
3. This exercise adopts the independent exercise mode.
4. The 2021 stock option incentive plan of the Company has a total of five exercise periods for the first grant. The fourth exercise period is from May 6, 2026, to December 3, 2026. As of the date of this announcement, the procedures have been completed by China Securities Depository and Clearing Corporation Limited Shenzhen Branch.
5. If all exercisable stock options are exercised, the Company's shares will still meet the listing conditions.

Luxshare Precision Industrial Co., Ltd. (hereinafter referred to as "Luxshare Precision" or the "Company") held the twenty-second meeting of the Sixth Board of Directors on February 6, 2026, and reviewed and approved the "Proposal on the Fulfillment of Exercise Conditions for the Fourth Exercise Period of the First Grant of the 2021 Stock Option Incentive Plan." The exercise conditions for the fourth exercise period of the 2021 stock option incentive plan have been met. It was agreed that 806 eligible employees who were granted stock options in the first grant of the 2021 stock option incentive plan can exercise a total of 7,834,420 stock options in the fourth exercise period, with an exercise price of ¥34.97 per share.

I. Explanation on the Fulfillment of Exercise Conditions for the Fourth Exercise Period of the First Grant of the 2021 Stock Option Incentive Plan

1. The fourth waiting period has expired. According to the "Draft of the 2021 Stock Option Incentive Plan" of the Company, the stock options granted under this plan can be exercised by eligible employees within 60 months after 12 months from the date of completion of the grant registration, in proportions of 20%: 20%: 20%: 20% over five periods. The grant registration of the first grant of the 2021 stock options was completed on December 9, 2021. Therefore, the fourth waiting period expired on December 9, 2025.