Stock Abbreviation: Mege Smart
Stock Code: 002881
Mege Smart Technology Co., Ltd.
2026 Stock Option and Restricted Stock Incentive Plan (Draft)
July 2026
Statement
The Company and all directors guarantee that this incentive plan and its summary do not contain any false records, misleading statements, or major omissions, and assume individual and joint legal liability for their authenticity, accuracy, and completeness.
All incentive targets of the Company undertake that if the Company's information disclosure documents contain false records, misleading statements, or major omissions, resulting in non-compliance with the arrangements for granting or exercising rights, the incentive targets shall return all benefits obtained from the equity incentive plan to the Company after the relevant information disclosure documents are confirmed to contain false records, misleading statements, or major omissions.
Special Notice
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This incentive plan is formulated in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for Equity Incentives of Listed Companies, relevant laws, regulations, and normative documents of the CSRC, and the Articles of Association of Mege Smart Technology Co., Ltd. (hereinafter referred to as the "Company" or "Mege Smart").
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Mege Smart does not have any circumstances that prohibit the implementation of an equity incentive plan as stipulated in Article 7 of the Administrative Measures for Equity Incentives of Listed Companies.
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The incentive targets of this incentive plan do not have any circumstances that prohibit them from becoming incentive targets as stipulated in Article 8 of the Administrative Measures for Equity Incentives of Listed Companies. Incentive targets do not include the Company's current independent directors, shareholders or actual controllers who individually or collectively hold more than 5% of the Company's shares, or their spouses, parents, or children.
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This incentive plan includes two parts: a stock option incentive plan and a restricted stock incentive plan. The source of shares for the stock option incentive plan is the Company's定向 issuance of A-share common stocks to the incentive targets. The underlying shares involved in the restricted stock incentive plan are the Company's定向 issuance of A-share common stocks to the incentive targets.
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This plan intends to grant a total of 8.00 million shares to incentive targets, accounting for 2.65% of the Company's total share capital of 302.0712 million shares at the time of the announcement of this plan. Details are as follows:
Stock Option Incentive Plan: The Company intends to grant 3.80 million stock options to incentive targets, accounting for 1.26% of the Company's total share capital of 302.0712 million shares at the time of the announcement of this plan.
Restricted Stock Incentive Plan: The Company intends to grant 4.20 million restricted shares to incentive targets, accounting for 1.39% of the Company's total share capital of 302.0712 million shares at the time of the announcement of this plan.
The Company's existing incentive plan within the validity period is the 2024 Stock Option and Restricted Stock Incentive Plan, with actual granted rights of 6.11 million shares. Adding the 8.00 million shares intended to be granted this time, the total is 14.11 million shares, accounting for approximately 4.67% of the Company's total share capital, which does not exceed 10% of the Company's total share capital.
After the implementation of this incentive plan, the total number of underlying shares involved in all of the Company's effective equity incentive plans does not exceed 10% of the Company's total share capital. The number of Company shares granted to any single incentive target through all equity incentive plans within the validity period does not exceed 1% of the Company's total share capital at the time of the announcement of this incentive plan draft.