Announcement on the Initial Grant of Restricted Shares to Participants of the 2026 Restricted Stock Incentive Plan

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Stock Code: 300093 Stock Abbreviation: Golden Solar Announcement No.: 2026-059

Gansu Golden Solar Co., Ltd.

Announcement on the Initial Grant of Restricted Shares to Participants of the 2026 Restricted Stock Incentive Plan

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.

Important Content Tips:

• Initial grant date of restricted shares: July 10, 2026

• Initial grant quantity of restricted shares: 12.976 million shares

• Grant price of restricted shares: 10.99 yuan/share

• Equity incentive method: Class I restricted shares

Gansu Golden Solar Co., Ltd. (hereinafter referred to as the "Company") held the Seventh Meeting of the Eighth Board of Directors on July 10, 2026, and reviewed and approved the "Proposal on the Initial Grant of Restricted Shares to Participants of the 2026 Restricted Stock Incentive Plan." According to the restricted share grant conditions stipulated in the "Gansu Golden Solar Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan (Draft)"), and authorized by the Company's 2026 Third Extraordinary General Meeting, the Board of Directors has determined the initial grant date for the 2026 Restricted Stock Incentive Plan (hereinafter referred to as the "Incentive Plan") to be July 10, 2026. The Company will grant 12.976 million restricted shares to 37 eligible participants at a grant price of 10.99 yuan/share. The relevant matters are explained as follows:

I. Brief Introduction to the Incentive Plan and Relevant Review Procedures

(I) Brief Introduction to the Incentive Plan

On July 7, 2026, the Company held the 2026 Third Extraordinary General Meeting, which reviewed and approved the "Proposal on the Company's <2026 Restricted Stock Incentive Plan (Draft)> and its Summary." The main contents are as follows:

1. Incentive Method and Stock Source for the Incentive Plan

The incentive tool adopted by the Incentive Plan is restricted shares (Class I restricted shares), and the underlying stock source involves the Company's A-share common stock issued by the Company to the participants.

1. Grant Price of Restricted Shares under the Incentive Plan

The grant price of the restricted shares under the Incentive Plan is 10.99 yuan/share.

1. Scope of Participants

The Incentive Plan intends to grant shares to a total of 39 participants, including directors, senior management, middle management, and core technical (business) personnel serving in the Company (including branches and subsidiaries) at the time of the announcement of the Incentive Plan. The participants for the initial grant do not include shareholders or actual controllers who individually or collectively hold more than 5% of the Company's shares, their spouses, parents, or children, nor do they include independent directors.

The allocation of restricted shares granted under this Incentive Plan among the participants is shown in the following table: