Verification Opinion on Adjusting the Grant Price of the 2026 Restricted Stock Incentive Plan by the Compensation and Assessment Committee of the Board of Directors

✨ AI Summary

The Compensation and Assessment Committee of Qingdao Teread Electric Co., Ltd. has verified the adjustment of the grant price for the 2026 Restricted Stock Incentive Plan. The adjustment complies with relevant laws and regulations, and the review process is legal and compliant. There are no adverse effects on the company or its shareholders. The committee agrees to the adjustment of the grant price.

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