Guangdong Meilian New Materials Co., Ltd. 2026 Annual Compensation Assessment Plan
To further standardize the compensation management for directors and senior management of Guangdong Meilian New Materials Co., Ltd. (hereinafter referred to as "the Company"), to incentivize and restrain directors and senior management to work diligently and responsibly, and to promote the growth and sustainable development of the Company, the Board of Directors' Compensation and Assessment Committee has formulated the 2026 Annual Compensation Assessment Plan as follows:
I. Scope of Application
The personnel applicable to this plan include:
- Internal Directors: Those elected through the shareholders' meeting or other democratic means, who have signed labor or employment contracts with the Company.
- External Directors: Those elected through the shareholders' meeting, who do not sign labor contracts with the Company and do not hold any positions other than that of director.
- Independent Directors.
- The President, Vice Presidents, Board Secretary, Chief Financial Officer, and other personnel appointed as senior management by the Board of Directors.
II. Duration of Application
This plan applies to the year 2026. For the year prior to the plan's approval, any compensation already paid will be adjusted accordingly.