LOONGSON TECHNOLOGY: In 2025, 530,862 restricted shares will be granted to 100 individuals

On October 15, 2025, Loongson Technology Co., Ltd. held the 11th meeting of its second board of directors, reviewing and approving the proposal to grant restricted stock to incentive recipients. The company granted 530,862 restricted shares to 100 core employees at a price of 79.03 yuan per share, accounting for approximately 0.13% of the company's total share capital of 40,100,000 shares on the grant date. The incentive plan has a maximum validity period of no more than 36 months, divided into two vesting periods, each accounting for 50%. After verification, all incentive recipients meet the conditions. The total estimated cost of the incentive plan is 37.593 million yuan, which will be amortized from 2025 to 2027. Although it will affect net profit, it is expected to enhance operating performance. Both the lawyer and financial advisor believe that this grant is compliant