Review Opinions of the Fourth Board of Directors' Compensation and Assessment Committee on the 2025 Stock Option Incentive Plan
Huizhou Desay SV Automotive Electronics Co., Ltd. (hereinafter referred to as "the Company") held the second meeting of the Fourth Board of Directors' Compensation and Assessment Committee on June 3, 2026, in accordance with the relevant laws, regulations, and normative documents, including the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Shenzhen Stock Exchange Listing Rules, and the Management Measures for Equity Incentives of Listed Companies. The committee reviewed and approved the proposals regarding the adjustment of the exercise price of the 2025 Stock Option Incentive Plan and the achievement of the exercise conditions for the first exercise period. The committee has conducted a review of the relevant matters concerning the 2025 Stock Option Incentive Plan (hereinafter referred to as "this Incentive Plan" or "the Plan") and presents the following review opinions:
1. Review Opinions on the Achievement of Exercise Conditions for the First Exercise Period of the 2025 Stock Option Incentive Plan
The Compensation and Assessment Committee of the Company reviewed the achievement of the exercise conditions for the first exercise period of the 2025 Stock Option Incentive Plan and the list of eligible participants for this exercise. The results are as follows: