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Wuxi DK Electronic Materials Co., Ltd.
2026 Restricted Stock Incentive Plan (Draft) Summary
August 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, with no false records, misleading statements, or major omissions, and they assume legal responsibility for the authenticity, accuracy, and completeness of its contents.
All incentive recipients of the Company promise that if the Company's information disclosure documents contain false records, misleading statements, or major omissions, leading to non-compliance with the granting of rights or vesting arrangements, the incentive recipients shall return all benefits obtained from this incentive plan to the Company after the relevant information disclosure documents are confirmed to contain false records, misleading statements, or major omissions.
Special Notice
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The "Wuxi DK Electronic Materials Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)" was formulated by Wuxi DK Electronic Materials Co., Ltd. (hereinafter referred to as "DKEM," "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 Stock Listing Rules," 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."
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The incentive form adopted by the DKEM 2026 Restricted Stock Incentive Plan (hereinafter referred to as "this Incentive Plan") is Type II restricted stock. The source of the shares is the Company's RMB A-share common stock issued directly to the incentive recipients.
Incentive recipients who meet the grant conditions of this Incentive Plan will, upon satisfying the corresponding vesting conditions and arrangements, obtain the Company's A-share common stock at the grant price during the vesting period. These shares will be registered with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Before the restricted shares granted to the incentive recipients vest, the incentive recipients do not enjoy shareholder rights, and the aforementioned restricted shares may not be transferred, used for guarantees, or used to repay debts.
- The number of restricted shares intended to be granted to incentive recipients under this Incentive Plan is 4.358392 million shares, accounting for approximately 3.00% of the Company's total share capital of 145.279743 million shares on the date of the announcement of this Incentive Plan draft. This grant is a one-time grant with no reserved interests.
The 2021 Restricted Stock Incentive Plan approved by the 2021 Second Extraordinary General Meeting, the 2023 Restricted Stock Incentive Plan approved by the 2023 Second Extraordinary General Meeting, the 2024 Restricted Stock Incentive Plan approved by the 2024 Fifth Extraordinary General Meeting, and the 2025 Restricted Stock Incentive Plan approved by the 2026 First Extraordinary General Meeting are currently in progress. The underlying shares involved in the 2021 plan total 1.204 million shares, the 2023 plan total 4.795239 million shares, the 2024 plan total 6.950650 million shares, the 2025 plan total 2.905600 million shares, and this Incentive Plan involves 4.358392 million shares. Therefore, the total number of underlying shares involved in all of the Company's effective incentive plans is 20.213881 million shares, accounting for approximately 13.91% of the Company's total share capital of 145.279743 million shares on the date of the announcement of this Incentive Plan draft. As of the date of the announcement of this Incentive Plan draft, the total number of underlying shares involved in all of the Company's effective equity incentive plans has not exceeded 20% of the Company's total share capital. The total number of company shares granted to any single incentive recipient through all effective equity incentive plans does not exceed 1% of the Company's total share capital.