301135SZSE

Compensation and Assessment Committee's Verification Opinion on the Cancellation of Certain Restricted Stocks in the 2024 Incentive Plan

Ruid Smart Co., Ltd.··2 pages

✨ AI Summary

The Compensation and Assessment Committee of Guangdong Ruide Intelligent Technology Co., Ltd. has approved the cancellation of 299,961 restricted stocks due to the departure of 18 individuals and performance issues affecting others. The second vesting period's performance conditions have been met, allowing 142 eligible individuals to receive 1,026,348 restricted stocks. The cancellation process complies with relevant regulations and will not significantly impact the company's financial status.

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Full Translation

AI Translation· azure_openai

Verification Opinion on the Cancellation of Certain Restricted Stocks in the 2024 Incentive Plan

On June 3, 2026, the Compensation and Assessment Committee of Guangdong Ruide Intelligent Technology Co., Ltd. (hereinafter referred to as "the Company") held its third meeting of the fifth board to review and approve the proposal on the cancellation of certain Class II restricted stocks in the 2024 incentive plan and the proposal on the achievement of performance conditions for the second vesting period of the 2024 incentive plan.

The Compensation and Assessment Committee conducted a verification based on the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Management Measures for Equity Incentives of Listed Companies (hereinafter referred to as "the Management Measures"), and other relevant laws and regulations, as well as the Company’s Articles of Association and the draft of the 2024 Restricted Stock Incentive Plan (hereinafter referred to as "the Incentive Plan"). The verification covered the cancellation of certain Class II restricted stocks, the achievement of performance conditions for the second vesting period of the 2024 incentive plan, and the list of eligible individuals. The verification opinions are as follows:

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