Announcement on the Results of the Third Vesting Period of the 2022 Restricted Stock Incentive Plan

Important Content Highlights:

1. The number of shares for this grant is 1,484,000 shares, accounting for 0.01% of the company's total equity.
2. The number of participants is 23.
3. The shares for this restricted stock incentive plan will vest on April 24, 2026 (Friday).

Yanguang Power Co., Ltd. (hereinafter referred to as "the Company") held its 5th meeting of the 14th Board of Directors on March 31, 2026, and reviewed and approved the "Proposal on the 2022 Restricted Stock Incentive Plan" and the relevant matters regarding the third vesting period of the reserved grant portion.

Recently, the Company plans to implement the 2022 Restricted Stock Incentive Plan (hereinafter referred to as "the Plan"). The specific details regarding the third vesting period of the reserved grant portion are as follows:

1. Overview of the Restricted Stock Incentive Plan