300535SZSE

Notice of the Election of the Board of Directors

Dawell Co., Ltd.··6 pages

✨ AI Summary

Sichuan Dawai Technology Co., Ltd. announces the upcoming election for its 7th Board of Directors, as the 6th term expires on May 19, 2026. The announcement details the board composition, election methods including cumulative voting, candidate nomination process, and eligibility requirements for both non-independent and independent directors. The nomination period closes on March 20, 2026.

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Securities Code: 300535 Securities Abbreviation: Dawai Shares Announcement Number: 2026-006 Sichuan Dawai Technology Co., Ltd. Notice of the Election of the Board of Directors The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions. The term of the 6th Board of Directors of Sichuan Dawai Technology Co., Ltd. (hereinafter referred to as the "Company") will expire on May 19, 2026. To ensure the smooth completion of the election of the Board of Directors (hereinafter referred to as the "Election"), the Board of Directors, in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Articles of Association", the "Shenzhen Stock Exchange GEM Stock Listing Rules", and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 2 - Normative Operation of GEM Listed Companies", hereby announces the composition of the 7th Board of Directors, the election method, the nomination of director candidates, the election procedures, and the eligibility requirements for director candidates as follows:

I. Composition of the 7th Board of Directors

The 7th Board of Directors of the Company will be composed of 5 directors, including 2 independent directors, 2 non-independent directors, and 1 employee director. The employee director will be elected by the employee representative assembly, and the non-independent directors will be elected by the shareholders' meeting. The term of office for directors shall be calculated from the date of election by the shareholders' meeting and shall be three years.

II. Director Election Method

This election will adopt the cumulative voting system. When the shareholders' meeting elects non-independent directors or independent directors, each share will have the same number of voting rights as the number of non-independent directors or independent directors to be elected. Shareholders' voting rights can be concentrated or divided.

III. Nomination of Director Candidates (See Appendix for Director Candidate Nomination Form)

1. Nomination of Non-Independent Director Candidates

The Board of Directors of the Company and shareholders who individually or collectively hold more than 1% of the total issued shares of the Company as of the date of this announcement have the right to nominate non-independent director candidates for the 7th Board of Directors in writing to the 6th Board of Directors of the Company. The number of candidates nominated by a single nominator shall not exceed the number of non-independent directors to be elected in this election.

2. Nomination of Independent Director Candidates

The Board of Directors of the Company and shareholders who individually or collectively hold more than 1% of the total issued shares of the Company as of the date of this announcement have the right to nominate independent director candidates for the 7th Board of Directors in writing to the 6th Board of Directors of the Company. The number of candidates nominated by a single nominator shall not exceed the number of independent directors to be elected in this election.

IV. Election Procedures for this Election

1. Nominators shall nominate director candidates and submit relevant documents to the Company in the manner specified in this announcement from the date of this announcement until March 20, 2026. After the nomination period expires, the Company will no longer accept director candidate nominations from any party.

2. After the nomination period expires, the Board of Directors of the Company will hold a meeting to review the qualifications of the nominated director candidates and submit the list of director candidates as proposals for the Company's shareholders' meeting to consider.

3. Director candidates shall provide a written commitment before the shareholders' meeting, agreeing to accept the nomination, and guaranteeing that the information provided is true and complete, and that they will fulfill their duties as directors if elected. Independent direct

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