Guangdong Lifesense Electronics Co., Ltd. "Zengyi No. 2" Employee Stock Ownership Plan (Draft)

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Guangdong Lifesense Electronics Co., Ltd.

"Zengyi No. 2" Employee Stock Ownership Plan

(Draft)

July 2026

Statement

The Company and all members of the Board of Directors guarantee that the contents of this Employee Stock Ownership Plan and its summary are true, accurate, and complete, and contain no false records, misleading statements, or major omissions.

Risk Warning

1. The "Zengyi No. 2" Employee Stock Ownership Plan (Draft) of Guangdong Lifesense Electronics Co., Ltd. (hereinafter referred to as "Lifesense," the "Company," or "this Company") must be approved by the Company's general meeting of shareholders before implementation. There is uncertainty as to whether this plan will be approved.

2. After its establishment, this Employee Stock Ownership Plan will be managed by the Company itself, but there is uncertainty as to whether it can reach the planned scale and objectives.

3. Specific details regarding the funding sources, contribution amounts, projected scale, and implementation plan for this Employee Stock Ownership Plan are preliminary results. There is uncertainty as to whether implementation can be completed. If employee subscription amounts are insufficient, there is a risk that the plan will fall below the projected scale.

4. If employee subscription funds are low, there is a risk that this Employee Stock Ownership Plan cannot be established.

5. Stock prices are influenced by various complex factors, including the Company's operating performance, macroeconomic cycles, international/domestic political and economic conditions, and investor sentiment. Therefore, stock trading is an investment activity with certain risks, and investors should be fully prepared for this.

6. The descriptions of company performance appraisal indicators in this Employee Stock Ownership Plan do not represent the Company's performance forecasts and do not constitute performance commitments.

7. Investors are advised to make decisions cautiously and be aware of investment risks.

Special Notice

The terminology used in this section is consistent with the "Definitions" section.

1. The "Guangdong Lifesense Electronics Co., Ltd. 'Zengyi No. 2' Employee Stock Ownership Plan (Draft)" (hereinafter referred to as "this Employee Stock Ownership Plan" or "this Draft") is formulated in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Guiding Opinions on Pilot Projects for Employee Stock Ownership Plans in Listed Companies," the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 2 — Standardized Operation of Companies Listed on the ChiNext Market (2026 Revision)," and other relevant laws, administrative regulations, rules, normative documents, and the "Articles of Association of Guangdong Lifesense Electronics Co., Ltd."

2. This Employee Stock Ownership Plan follows the principles of legality, compliance, voluntary participation, and risk assumption, and there is no situation involving the forced allocation or mandatory participation of employees.

3. The participants of this Employee Stock Ownership Plan are directors, senior management, and core technical/business personnel (hereinafter referred to as "Holders") of the Company (including subsidiaries) who play an important role in or have a significant impact on the Company's medium-to-long-term development or overall performance. The total number of participants shall not exceed 25, and the specific number and list of participants will be determined based on actual employee contributions.

4. Source of shares for this Employee Stock Ownership Plan: The underlying shares will be purchased through the secondary market (including but not limited to competitive trading and block trading) within six months after the general meeting of shareholders approves this plan. The number of underlying shares intended to be held by this plan shall not exceed 2.5 million shares, representing approximately 1.14% of the Company's total share capital of 218.613688 million shares as of the date of the announcement of this draft.