2026 Employee Stock Ownership Plan Management Measures

Chapter 1 General Principles

To standardize the implementation of the 2026 Employee Stock Ownership Plan (hereinafter referred to as "the Plan") of Guangdong Dongpeng Holdings Co., Ltd. (hereinafter referred to as "the Company"), this management method is formulated based on the implementation of the Plan and in accordance with the "Securities Law," "Guiding Opinions," and relevant regulations of the Company.

Chapter 2 Objectives and Basic Principles of the Employee Stock Ownership Plan

Section 1 Objectives of the Employee Stock Ownership Plan

According to the Company’s Articles of Association and relevant laws and regulations, the objectives of the Employee Stock Ownership Plan are to enhance the core competitiveness of the Company, promote the sustainable development of the Company, and encourage employees to participate in the Company's growth.

Section 2 Basic Principles of the Employee Stock Ownership Plan

1. Legal Compliance Principle
   The implementation of the Employee Stock Ownership Plan must strictly adhere to laws and regulations.

2. Voluntary Participation Principle
   Participation in the Employee Stock Ownership Plan is voluntary for employees.

3. Risk Awareness Principle
   Participants should be aware of the risks associated with participating in the Employee Stock Ownership Plan.

Chapter 3 Determination of Eligible Participants in the Employee Stock Ownership Plan

Section 1 Legal Basis for Determining Eligible Participants

The eligibility of participants in the Employee Stock Ownership Plan is based on the "Securities Law" and relevant regulations.

Section 2 Job Basis for Determining Eligible Participants

Eligible participants in the Employee Stock Ownership Plan must meet the following criteria:

1. The Company’s directors (excluding independent directors) and senior management personnel.
2. Middle management and core technical personnel.

Section 3 Scope of Eligible Participants in the Employee Stock Ownership Plan

The scope of eligible participants includes directors (excluding independent directors), senior management personnel, and middle management and core technical personnel, with a maximum limit of 80 participants.

Section 4 Allocation and Distribution of Shares for Eligible Participants

The total amount allocated for the Employee Stock Ownership Plan shall not exceed 8,477.54 million yuan, with specific allocations detailed in the following table:

This Employee Stock Ownership Plan aims to align the interests of employees with the Company’s growth and enhance overall competitiveness.

Article 11 Employee Stock Ownership Plan Lock-up Period

(1) Lock-up of Employee Stock Ownership Plan

The lock-up period for this Employee Stock Ownership Plan is set at 60 months. The Company will announce the relevant details of the stock ownership plan through the stock exchange and will implement the plan starting from the date of the announcement. The Employee Stock Ownership Plan will be deemed to have been fulfilled if the lock-up period is completed.

(2) If the Employee Stock Ownership Plan has not been fulfilled by all shareholders, the Company will notify the shareholders holding the stock through the shareholder register.

(3) If the lock-up period of the Employee Stock Ownership Plan is not fulfilled two months prior to the expiration, and if the Company has not fully paid the shares to the shareholders, the Company will notify the shareholders holding the stock through the shareholder register.

(4) If the Company’s stock is suspended from trading due to market conditions, it will lead to the extension of the lock-up period for the Employee Stock Ownership Plan.