Guai Bao Pet Food Group 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 April 21, 2026, the Company held the 17th meeting of the second Board of Directors to review the proposals regarding the confirmation of the 2025 compensation for directors and the compensation plan for 2026. All directors abstained from voting on the proposal regarding the confirmation of the 2025 compensation for directors, which was submitted to the shareholders' meeting for review. The proposal regarding the confirmation of the 2025 compensation for senior management and the compensation plan for 2026 was approved by the Board of Directors.
1. Compensation for Directors and Senior Management in 2025
In 2025, non-independent directors who also hold positions in the Company will receive compensation according to the Company's compensation system based on their specific roles and positions. Non-independent directors not holding any position in the Company will not receive compensation. Independent directors will receive an annual allowance of 60,000 RMB (pre-tax), paid quarterly, and the Company will cover travel and office expenses incurred while performing their duties. The compensation for other directors and senior management will be determined based on industry compensation levels, job responsibilities, and performance evaluation indicators, in conjunction with the Company's annual operating conditions. The total pre-tax compensation for directors and senior management in 2025 (including salary, benefits, social insurance fees, corporate contributions to housing funds, and performance incentive bonuses) is as follows: