Announcement on Granting Stock Options to Incentive Grantees under the 2026 Stock Option Incentive Plan

Securities Code: 300130 Securities Abbreviation: Newland Shenzhen Newland Co., Ltd. Announcement No.: 2026-034

Announcement on Granting Stock Options to Incentive Grantees under the 2026 Stock Option Incentive Plan

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

Key Information Prompt:

1. Stock Option Grant Date: June 22, 2026;
2. Number of Stock Options Granted: 12 million;
3. Stock Option Exercise Price: ¥24.50 per option.

Pursuant to the authorization of the 2025 Annual Shareholders' Meeting, Shenzhen Newland Co., Ltd. (hereinafter referred to as the Company or Newland) held the first meeting of the Seventh Remuneration and Assessment Committee and the first meeting of the Seventh Board of Directors on June 22, 2026. The proposal "Proposal on Granting Stock Options to Incentive Grantees under the 2026 Stock Option Incentive Plan" was reviewed and approved. The Board of Directors believes that the conditions for granting stock options stipulated in the 2026 Stock Option Incentive Plan (hereinafter referred to as the current incentive plan or this incentive plan) have been met. It is agreed that June 22, 2026, shall be the grant date, and a total of 12 million stock options will be granted to 83 eligible incentive grantees. The relevant matters are hereby explained as follows:

I. Stock Option Grant Details

(I) Decision-Making Procedures and Approval for the 2026 Stock Option Incentive Plan

1. The Company held the 24th meeting of the Sixth Board of Directors on May 29, 2026, which reviewed and approved the "Proposal on the Draft and Summary of the 2026 Stock Option Incentive Plan," the "Proposal on the Performance Assessment Methods for the Implementation of the 2026 Stock Option Incentive Plan," and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the 2026 Stock Option Incentive Plan." The Company's Remuneration and Assessment Committee reviewed the list of incentive grantees for the 2026 Stock Option Incentive Plan and issued its review opinion.

2. The Company posted the list of incentive grantees for this incentive plan internally from June 1, 2026, to June 12, 2026. On June 15, 2026, the "Review Opinion and Disclosure of Disclosure Status of the List of Incentive Grantees for the 2026 Stock Option Incentive Plan by the Board's Remuneration and Assessment Committee" was disclosed on the Juchao Information Network.

3. The Company held the 2025 Annual Shareholders' Meeting on June 22, 2026, and reviewed and approved the "Proposal on the Draft and Summary of the 2026 Stock Option Incentive Plan," the "Proposal on the Performance Assessment Methods for the Implementation of the 2026 Stock Option Incentive Plan," and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the 2026 Stock Option Incentive Plan."

The Company conducted an internal investigation into the trading of company shares by insiders and incentive grantees within the six months prior to the initial disclosure of the 2026 Stock Option Incentive Plan (i.e., November 28, 2025 - May 29, 2026). The "Self-Inspection Report on Trading of Company Shares by Insiders and Incentive Grantees of the 2026 Stock Option Incentive Plan" was disclosed on the Juchao Information Network.

1. The Company held the first meeting of the Seventh Remuneration and Assessment Committee and the first meeting of the Seventh Board of Directors on June 22, 2026. The proposal "Proposal on Granting Stock Options to Incentive Grantees under the 2026 Stock Option Incentive Plan" was reviewed and approved. The Board of Directors believes that the conditions for granting stock options stipulated in the 2026 Stock Option Incentive Plan have been met. It is agreed that June 22, 2026, shall be the grant date, and a total of 12 million stock options will be granted to 83 eligible incentive grantees at an exercise price of ¥24.50 per option. The Remuneration and Assessment Committee of the Board of Directors reviewed the list of incentive grantees and issued a favorable opinion.