301349SZSE

Announcement on the Compensation Plan for Directors and Senior Management for the Year 2026

✨ AI Summary

This announcement outlines the compensation plan for the company's directors and senior management for 2026, approved during the board meeting on March 27, 2026. The plan includes fixed salaries, performance-based pay, and long-term incentives, with performance pay constituting at least 50% of total compensation. The proposals require shareholder approval for directors' compensation and will be implemented following board approval for senior management.

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Full Translation

AI Translation· azure_openai

The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions. Liaoning Xinde New Material Technology (Group) Co., Ltd. held the 18th meeting of the second board of directors on March 27, 2026, where it reviewed and approved the proposals regarding the confirmation of directors' compensation for 2025 and the compensation plan for 2026, as well as the confirmation of senior management's compensation for 2025 and the compensation plan for 2026. According to relevant regulations, all directors abstained from voting on the proposal regarding directors' compensation, which will be submitted to the shareholders' meeting for review. The company has formulated the 2026 compensation plan for directors and senior management based on the "Guidelines for the Governance of Listed Companies," the "Articles of Association," and the "Rules of Procedure for the Remuneration and Assessment Committee of the Board," taking into account the company's actual operating conditions, individual performance assessment results, and salary levels in the industry and region.

I. Applicable Objects

The plan applies to the directors of the board and senior management.

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