Zhejiang Taotao Vehicle Co., Ltd. (hereinafter referred to as "the Company") held the 13th meeting of the 4th Board of Directors on March 30, 2026, to review and approve the proposal on the 2026 compensation plan for senior management. Due to conflicts of interest, all directors abstained from voting on the proposal regarding the compensation plan for directors, which will be submitted directly to the 2025 annual shareholders' meeting for consideration.
According to the Articles of Association of Zhejiang Taotao Vehicle Co., Ltd. and the Implementation Rules of the Compensation and Assessment Committee of the Board of Directors, the compensation plan for directors and senior management for 2026 is proposed based on their specific management roles, actual work performance, and the Company's operational performance.