Shenzhen Haon Automotive Electronics Equipment Co., Ltd. (hereinafter referred to as "the Company") announces the cancellation of part of the stock options under the 2024 Stock Option Incentive Plan.
Special Reminder: The number of stock options to be canceled from the 2024 Stock Option Incentive Plan is 260,900, accounting for 0.2836% of the Company's current total share capital. This includes 180,900 stock options that have been granted but not exercised, and 80,000 stock options that were reserved and granted but not exercised.
On April 21, 2026, the Company held the 23rd meeting of the third board of directors, which reviewed and approved the proposal on the cancellation of part of the stock options under the 2024 Stock Option Incentive Plan. Due to the departure of 21 incentive recipients for personal reasons, the board agreed to cancel a total of 260,900 stock options that have been granted but not exercised, as per the provisions of the "2024 Stock Option Incentive Plan" (hereinafter referred to as "the Incentive Plan"). The relevant matters are explained as follows: