Guangdong Lifesense Electronics Co., Ltd. 2026 Stock Option Incentive Plan (Draft)

Stock Abbreviation: Lifesense Electronics

Stock Code: 300562

[Chart: Lifesense Logo]

Guangdong Lifesense Electronics Co., Ltd.

2026 Stock Option Incentive Plan (Draft)

July 2026

Statement

The Company and all members of the Board of Directors guarantee that the contents of this incentive plan and its summary are true, accurate, and complete, and contain no false records, misleading statements, or material omissions.

Special Notice

1. The "Guangdong Lifesense Electronics Co., Ltd. 2026 Stock Option Incentive Plan (Draft)" is formulated by Guangdong Lifesense Electronics Co., Ltd. (hereinafter referred to as "Lifesense Electronics," "the Company," or "this Company") in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Administrative Measures for Equity Incentives of Listed Companies," the "Shenzhen Stock Exchange GEM Listed Company Self-Regulatory Guidelines No. 1 — Business Handling," and other relevant laws, administrative regulations, normative documents, and the "Articles of Association."

2. The incentive form adopted by the Lifesense Electronics 2026 Stock Option Incentive Plan (hereinafter referred to as "this Incentive Plan") is stock options. The source of the shares is the Company's RMB A-share common shares issued to the incentive targets.

3. The number of stock options proposed to be granted to the incentive targets under this Incentive Plan is 3.00 million units, representing approximately 1.37% of the Company's total share capital of 218.613688 million shares as of the announcement date of this draft. Each stock option granted under this Incentive Plan confers the right to purchase 1 RMB A-share common share of the Company at the exercise price during the exercise period, provided that the vesting conditions and arrangements are met. This grant is a one-time grant with no reserved interests.

As of the announcement date of this draft, the total number of underlying shares involved in all of the Company's equity incentive plans within their validity period does not exceed 20.00% of the Company's total share capital. The total number of company shares granted to any single incentive target under all equity incentive plans within their validity period does not exceed 1.00% of the Company's total share capital.

1. The incentive targets involved in this Incentive Plan total 43 individuals, including directors, senior management, and core technical/business personnel employed by the Company (including branches and holding subsidiaries) at the time of the announcement of this Incentive Plan. It does not include independent directors, shareholders or actual controllers who individually or collectively hold more than 5% of the Company's shares, or their spouses, parents, or children.

2. The exercise price for the stock options granted under this Incentive Plan is RMB 14.37 per unit. From the date of the announcement of this draft until the completion of the exercise of the stock options by the incentive targets, if the Company undergoes capital reserve capitalization, stock dividends, stock splits, share consolidations, rights issues, or dividend distributions, the exercise price and the number of equity interests will be adjusted accordingly in accordance with this Incentive Plan.

3. The validity period of this Incentive Plan commences from the date of the stock option grant and ends on the date when all stock options granted to the incentive targets are exercised or cancelled, with a maximum duration not exceeding 36 months.

4. The stock options granted under this Incentive Plan will be exercised in two tranches after 12 months from the grant date, with an exercise ratio of 50% and 50% for each tranche, respectively.

The company-level performance assessment targets for the stock options granted under this Incentive Plan are as follows: