Guangdong Ruide Intelligent Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
On June 3, 2026, the Company held the sixth meeting of the fifth Board of Directors, which reviewed and approved the proposal on adjusting the grant price and quantity of the 2024 Restricted Stock Incentive Plan. The relevant matters are announced as follows:
I. Decision-Making Procedures and Approval of the Equity Incentive Plan
(1) Decision-Making Procedures
On May 15, 2024, the Company held the twelfth meeting of the fourth Board of Directors, which reviewed and approved the proposals regarding the draft of the "2024 Restricted Stock Incentive Plan of Guangdong Ruide Intelligent Technology Co., Ltd." and its summary, the implementation assessment management measures, and the authorization for the Board of Directors to handle matters related to the 2024 Restricted Stock Incentive Plan.
On May 15, 2024, the Company held the eleventh meeting of the fourth Supervisory Board, which reviewed and approved the same proposals as above. The Supervisory Board verified the list of incentive objects for the 2024 Restricted Stock Incentive Plan.
From May 16 to May 25, 2024, the Company published the list of incentive objects for the 2024 Restricted Stock Incentive Plan on the Company’s OA office platform. During the public notice period, no objections were raised by employees regarding the incentive objects. On May 27, 2024, the Company announced the self-inspection report on the trading of the Company’s stock by insiders of the 2024 Restricted Stock Incentive Plan and the Supervisory Board's review opinions on the list of incentive objects.
(2) Approval of the Shareholders' Meeting
On June 3, 2024, the Company held its first extraordinary shareholders' meeting of 2024, which reviewed and approved the proposals regarding the draft of the "2024 Restricted Stock Incentive Plan" and its summary, the implementation assessment management measures, and the authorization for the Board of Directors to handle matters related to the 2024 Restricted Stock Incentive Plan. On the same day, the Company held the thirteenth meeting of the fourth Board of Directors and the twelfth meeting of the fourth Supervisory Board, which reviewed and approved the proposals on adjusting relevant matters of the 2024 Restricted Stock Incentive Plan and granting restricted stocks to incentive objects. June 3, 2024, was determined as the grant date, with 2,344,600 shares of restricted stock granted to 201 eligible incentive objects. The Supervisory Board reviewed the list of incentive objects on the grant date and issued verification opinions.