300224SZSE

Announcement on Confirmation of Directors' and Senior Management's 2025 Remuneration and 2026 Remuneration Plan

✨ AI Summary

This announcement confirms the 2025 remuneration for directors and senior management and outlines the proposed 2026 remuneration plan. The 2025 director remuneration will be disclosed in the annual report, while the 2026 plan aims to improve incentives and is subject to shareholder approval.

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Announcement on Confirmation of Directors' and Senior Management's 2025 Remuneration and 2026 Remuneration Plan

Stock Code: 300224 Stock Abbreviation: Zhenghai Magnetic Materials Announcement No.: 2026-022

Yantai Zhenghai Magnetic Materials Co., Ltd. Announcement on Confirmation of Directors' and Senior Management's 2025 Remuneration and 2026 Remuneration Plan

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or significant omissions.

Yantai Zhenghai Magnetic Materials Co., Ltd. (hereinafter referred to as the "Company") held the tenth meeting of the sixth Board of Directors on March 30, 2026. The meeting deliberated and abstained from voting on the "Proposal on Confirmation of Directors' 2025 Remuneration and 2026 Remuneration Plan" and deliberated and approved the "Proposal on Confirmation of Senior Management's 2025 Remuneration and 2026 Remuneration Plan." The aforementioned director remuneration and plan will be directly submitted to the Company's 2025 Shareholders' Meeting for deliberation. The relevant situation is hereby announced as follows:

I. 2025 Remuneration for Company Directors and Senior Management

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