Announcement on the Grant of Restricted Shares to Incentive Recipients under the 2026 Restricted Share Incentive Plan

Securities Code: 301511 Securities Abbreviation: Defu Technology Announcement No.: 2026-057

Jiujiang Defu Technology Co., Ltd.

Announcement on the Grant of Restricted Shares to Incentive Recipients under the 2026 Restricted Share Incentive Plan

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Key Information Prompt:

1. Restricted Share Grant Date: June 12, 2026

2. Number of Restricted Shares Granted: 1.768 million shares

3. Restricted Share Grant Price: RMB 56.56 per share

4. Equity Incentive Method: Class II Restricted Shares

Jiujiang Defu Technology Co., Ltd. (hereinafter referred to as the "Company") has met the conditions for granting restricted shares stipulated in the 2026 Restricted Share Incentive Plan (hereinafter referred to as the "Incentive Plan" or "Plan"). Based on the authorization of the Company's First Extraordinary General Meeting of Shareholders in 2026, the Company held the Second Meeting of the Third Board of Directors' Compensation and Assessment Committee in 2026 and the Twenty-Sixth Meeting of the Third Board of Directors on June 12, 2026. The proposal "Proposal on Granting Restricted Shares to Incentive Recipients under the 2026 Restricted Share Incentive Plan" was deliberated and approved, determining the grant date for the restricted shares as June 12, 2026. The relevant matters are hereby described as follows:

I. Brief Overview of the Incentive Plan and Approval Procedures

(I) Brief Overview of the Incentive Plan

The Company held its First Extraordinary General Meeting of Shareholders in 2026 on June 12, 2026, and deliberated and approved the "Proposal on the 2026 Restricted Share Incentive Plan (Draft) and its Summary" and other related proposals. The main contents of the Company's 2026 Restricted Share Incentive Plan are as follows:

1. Incentive Tool: Class II Restricted Shares

2. Source of Underlying Shares: The Company will issue A-shares of ordinary shares to incentive recipients on a targeted basis or repurchase them from the secondary market.

3. Grant Price: The grant price for the restricted shares granted under this Incentive Plan is RMB 56.56 per share.

4. Scope and Allocation of Incentive Recipients: The total number of incentive recipients for this Incentive Plan is 56. The incentive recipients include the Company's directors, senior management personnel, middle management personnel, and core backbone employees as announced at the time of the Incentive Plan's disclosure (including its subsidiaries, hereinafter referred to as "subsidiaries"). Independent directors are not within the scope of incentive recipients for this Plan. The details are as follows: