002851SZSE

Indicative Announcement on the Adoption of the Independent Exercise Mode for the Fourth Exercise Period of the 2022 Stock Option Incentive Plan (Corrected)

Shenzhen Megmeet Electrical Co., Ltd··5 pages

✨ AI Summary

Shenzhen Megmeet Electrical Co., Ltd. has announced that the fourth exercise period for its 2022 Stock Option Incentive Plan has commenced. A total of 529 eligible participants may exercise 4,153,250 options at a price of 17.39 RMB per share. The exercise period runs from June 22, 2026, to June 8, 2027, using the independent exercise mode. This event does not impact the company's listing status or control structure.

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AI Translation· gemini_document

Stock Code: 002851 Stock Abbreviation: Megmeet Announcement No.: 2026-067

Shenzhen Megmeet Electrical Co., Ltd. Indicative Announcement on the Adoption of the Independent Exercise Mode for the Fourth Exercise Period of the 2022 Stock Option Incentive Plan (Corrected)

Special Notice:

  1. The stock option abbreviation for the initial grant of the Shenzhen Megmeet Electrical Co., Ltd. (hereinafter "the Company") 2022 Stock Option Incentive Plan is "Megmeet JLC1", and the option code is 037249.
  2. The number of eligible participants for the fourth exercise period of the initial grant under the 2022 Stock Option Incentive Plan is 529, with 4,153,250 options available for exercise at an exercise price of 17.39 RMB/share.
  3. This exercise adopts the independent exercise mode.
  4. The initial grant of the Company's 2022 Stock Option Incentive Plan is divided into four exercise periods. Based on actual business processing, the actual exercisable period for the fourth exercise period is from June 22, 2026, to June 8, 2027.
  5. If all exercisable stock options are exercised, the Company's shares will still meet the listing requirements.

On June 9, 2026, the Company held the fifth meeting of the sixth Board of Directors, which reviewed and approved the "Proposal on the Achievement of Exercise Conditions for the Fourth Exercise Period of the Initial Grant and the Third Exercise Period of the Reserved Grant under the 2022 Stock Option Incentive Plan". It was agreed that 529 eligible participants for the fourth exercise period of the initial grant may exercise their options via the independent exercise mode, with 4,153,250 options available at 17.39 RMB/share. For details, please refer to the announcement disclosed on June 10, 2026, on the Juchao Information website (Announcement No.: 2026-054).

As of the date of this announcement, this independent exercise matter has been approved by the Shenzhen Stock Exchange, and the Company has completed the relevant registration work with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited.

I. Specific Arrangements for Independent Exercise

(I) Option Abbreviation and Option Code Initial grant stock option abbreviation: Megmeet JLC1, option code: 037249.

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