[Image: Mentech logo]
Dongguan Mentech Optical & Magnetic Co., Ltd.
2026 Stock Option and Restricted Stock Incentive Plan
(Draft)
August 2026
Statement
The Company and all directors and senior management 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 responsibility for their authenticity, accuracy, and completeness.
Special Notice
-
The "Dongguan Mentech Optical & Magnetic Co., Ltd. 2026 Stock Option and Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan") is formulated by Dongguan Mentech Optical & Magnetic Co., Ltd. (hereinafter referred to as the "Company" or "Mentech") in accordance with the "Securities Law of the People's Republic of China," the "Company Law of the People's Republic of China," the "Administrative Measures for Equity Incentives of Listed Companies," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 1 — Business Handling," and other relevant laws, regulations, rules, and normative documents, as well as the "Articles of Association of Dongguan Mentech Optical & Magnetic Co., Ltd."
-
This Incentive Plan includes a stock option incentive plan and a restricted stock incentive plan. The source of the shares is the Company's定向 issuance of A-share common shares to the incentive targets.
-
The total number of equity interests to be granted under this Incentive Plan is 9.742 million shares, accounting for 4.15% of the Company's total share capital as of the date of the announcement of this Incentive Plan. Among them, 8.755 million shares are granted for the first time, accounting for 3.73% of the Company's total share capital at the time of the announcement of the draft, and 89.87% of the total equity interests granted under this Incentive Plan; 987,000 shares are reserved, accounting for 0.42% of the Company's total share capital at the time of the announcement of the draft, and 10.13% of the total equity interests granted under this Incentive Plan.
The Incentive Plan includes a stock option incentive plan and a restricted stock incentive plan, as follows:
(1) Stock Option Incentive Plan: 8.222 million options to be granted, accounting for 3.50% of the Company's total share capital at the time of the announcement of the draft, and 84.40% of the total equity interests granted under this Incentive Plan. Among them, 7.235 million options are granted for the first time, accounting for 3.08% of the Company's total share capital at the time of the announcement of the draft, and 88.00% of the total stock options granted; 987,000 options are reserved, accounting for 0.42% of the Company's total share capital at the time of the announcement of the draft, and 12.00% of the total stock options granted.
(2) Restricted Stock Incentive Plan: 1.52 million shares to be granted, accounting for 0.65% of the Company's total share capital at the time of the announcement of the draft. The restricted stock incentive plan is a one-time grant with no reserved equity.
As of the date of the announcement of this Incentive Plan, the total number of company shares involved in all of the Company's equity incentive plans within the validity period does not exceed 10.00% of the Company's total share capital; the total number of company shares granted to any single incentive target through all equity incentive plans within the validity period does not exceed 1.00% of the Company's total share capital.
- The exercise price of the stock options granted (first time and reserved) under this Incentive Plan is 18.95 yuan/share, and the grant price of the restricted shares is 11.85 yuan/share.
If the Company undergoes capital reserve conversion, stock dividend distribution, share subdivision or consolidation, rights issue, or dividend distribution between the date of the announcement of this Incentive Plan and the completion of the exercise of stock options/registration of restricted shares by the incentive targets, the exercise price/grant price and the number of shares granted will be adjusted accordingly in accordance with the relevant provisions of this Incentive Plan.