Jucan Optoelectronic Technology Co., Ltd. (hereinafter referred to as the "Company") has formulated these measures in accordance with relevant national regulations and the actual situation of the Company to ensure the smooth progress of the equity incentive plan, further improve the corporate governance structure, form a balanced value distribution system, and incentivize directors, senior management, and core key employees to work with integrity and diligence.
I. Purpose of Assessment
To further improve the modern corporate governance structure, establish and perfect the long-term incentive and restraint mechanism, ensure the smooth implementation of the restricted stock incentive plan, maximize the role of equity incentives, and ensure the realization of the Company's long-term development strategy and business goals.
II. Assessment Principles
The assessment must adhere to the principles of fairness, openness, and impartiality. Evaluations are conducted strictly according to these measures and the performance of the assessment targets to closely link the incentive plan with work performance and contributions, thereby improving the Company's overall performance and maximizing the interests of the Company and all shareholders.
III. Scope of Assessment
These measures apply to all incentive targets participating in the Company's restricted stock incentive plan, namely all incentive targets determined by the Remuneration and Appraisal Committee and approved by the Board of Directors.
IV. Assessment Institutions
(I) The Board of Directors' Remuneration and Appraisal Committee is responsible for leading and reviewing the assessment of incentive targets.
(II) The Company's Human Resources Department, Financial Management Department, and other relevant departments are responsible for specific assessment work under the guidance of the Board's Remuneration and Appraisal Committee, preserving assessment results, and preparing performance assessment reports for submission to the Remuneration and Appraisal Committee.
(III) The Company's Board of Directors is responsible for the final review of assessment results.
V. Assessment Indicators and Standards
(I) Company-level Performance Assessment Requirements
The vesting assessment years for the initial grant of restricted shares are the three fiscal years from 2025 to 2027. Each fiscal year is assessed once. The performance targets for each year are as follows: