Saiwei Times Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
On June 4, 2026, the Company held the ninth meeting of the fourth board of directors, where it reviewed and approved the proposal on the cancellation of certain granted but unvested restricted stocks under the 2024 Restricted Stock Incentive Plan. According to the provisions of the "2024 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as "the Incentive Plan (Draft)") and the authorization from the 2023 annual general meeting of shareholders, the board agreed to cancel a total of 706,023 shares of the second category of restricted stocks that were granted but not yet vested. The specific circumstances are as follows: