Announcement on Granting Stock Options to Incentive Recipients

Announcement on Granting Reserved Stock Options to Incentive Recipients

This company and all members of its board of directors guarantee the content of the information disclosure is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

Key Information Prompt:

1. Date of grant of reserved stock options: March 27, 2026
2. Number of reserved stock options granted under the 2025 Stock Option Incentive Plan: 3,250,000 units
3. Number of reserved stock options granted under the 2025 Second Stock Option Incentive Plan: 3,302,000 units
4. Exercise price of reserved stock options: RMB 58.00 per unit

Shengbang Microelectronics (Beijing) Co., Ltd. (hereinafter referred to as the "Company") has met the conditions for granting reserved stock options stipulated in the 2025 Stock Option Incentive Plan and the 2025 Second Stock Option Incentive Plan (collectively referred to as the "Incentive Plans"). Pursuant to the authorization of the Company's 2025 First Extraordinary General Meeting of Shareholders and the 2025 Second Extraordinary General Meeting of Shareholders, the fifth board of directors held its fifteenth meeting on March 27, 2026, and deliberated and approved the "Proposal on Granting Reserved Stock Options to Incentive Recipients." The grant date for the Incentive Plans was determined to be March 27, 2026. The relevant matters are hereby explained as follows:

I. Brief Overview of the Incentive Plans

(I) Incentive Tool: Stock Options (II) Source of Underlying Shares: Ordinary A shares of the Company to be issued to incentive recipients. (III) Exercise Price for the Initial Grant of the 2025 Stock Option Incentive Plan: RMB 96.00 per unit (before adjustment); Exercise Price for the Initial Grant of the 2025 Second Stock Option Incentive Plan: RMB 72.60 per unit (before adjustment). (IV) Incentive Recipients: Senior management, core management, and key technical (business) personnel employed by the Company (including its subsidiaries, hereinafter the same) at the time of the announcement of the Incentive Plans (excluding independent directors, supervisors, and shareholders who individually or collectively hold more than 5% of the Company's shares or their actual controllers and their spouses, parents, and children).

The distribution of stock options granted under the 2025 Stock Option Incentive Plan among incentive recipients is as follows:

The distribution of stock options granted under the 2025 Second Stock Option Incentive Plan among incentive recipients is as follows: