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

Important Content Highlights:

1. The number of shares granted this time: 18.6375 million shares, accounting for 0.09% of the total shares of the company.
2. The number of participants: 397.
3. The vesting period for the restricted stock will end on June 1, 2026 (Monday).

Yangguang Electric Power Co., Ltd. (hereinafter referred to as "the Company") held the 25th meeting of the 2026 Board of Directors on March 31, 2026, and approved the "2022 Restricted Stock Incentive Plan" and its summary. The first grant of the fourth vesting period of the restricted stock incentive plan has been completed. The details are as follows:

1. Overview of the Restricted Stock Incentive Plan