Goer Shares Co., Ltd. Announcement on the Completion of the Non-Transaction Transfer of the "Home 8" Employee Shareholding Plan

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Stock code: 002241 Stock abbreviation: Goertek Announcement No.: 2026-011

Goertek Co., Ltd.

Announcement on the Completion of the Non-Trade Transfer of the Employee Stock Ownership Plan for “Home No. 8”

All of the information disclosure of this company and the members of the board of directors guarantee that it is true, accurate, and complete, and there are no false statements, misleading statements, or major omissions.

Goertek Co., Ltd. (hereinafter referred to as the “Company”) convened the 28th meeting of the sixth session of the board of directors and the 23rd meeting of the sixth session of the board of supervisors on June 23, 2025. The meetings considered and approved the proposals: “Proposal on the ‘Home No. 8’ Employee Stock Ownership Plan (Draft) of Goertek Co., Ltd. and its Summary” and “Proposal on the ‘Home No. 8’ Employee Stock Ownership Plan Management Measures of Goertek Co., Ltd.” and related proposals. It was agreed that the Company would implement the “Home No. 8” employee stock ownership plan (hereinafter referred to as the “Employee Stock Ownership Plan”). The above proposals were approved at the Company’s first extraordinary general meeting of shareholders in 2025 convened on September 30, 2025.

For details of the above, please refer to the Company’s disclosures on the information disclosure media, Juchao Information Network.

Pursuant to relevant regulations such as the “Guiding Opinions on the Pilot Implementation of Employee Stock Ownership Plans by Listed Companies” and the “Self-Regulatory Guidance No. 1 for Listed Companies on the Shenzhen Stock Exchange—Standardized Operation of Main Board Listed Companies,” the Company hereby announces the progress of the implementation of the Employee Stock Ownership Plan as follows:

I. Stock Source and Quantity of the Employee Stock Ownership Plan

The number of shares transferred through non-trade transfer under this Employee Stock Ownership Plan is 37,623,800 shares, all of which are sourced from the Company’s shares repurchased from its repurchase special account.

II. Subscription and Share Transfer of the Employee Stock Ownership Plan

(I) Account opening

The Company has opened a securities special account for the employee stock ownership plan with the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd., with the account opening details as follows:

Account name: Goertek Co., Ltd. – “Home No. 8” Employee Stock Ownership Plan

Account number: 0899504837

(II) Subscription under the Employee Stock Ownership Plan

According to the “Home No. 8” Employee Stock Ownership Plan (Draft) of Goertek Co., Ltd. disclosed by the Company, the shareholding scale of this Employee Stock Ownership Plan shall not exceed 52,320,800 shares, all of which are sourced from the Company’s repurchased shares already repurchased in the repurchase special securities account, and the total number of participants shall not exceed 1,130 people.

The actual total subscription funds of this Employee Stock Ownership Plan are RMB 430,040,034. The actual number of subscribed shares is 37,623,800 shares. The actual subscribed shares do not exceed the upper limit of the proposed subscribed shares approved by the shareholders’ meeting. The source of funds for this Employee Stock Ownership Plan is the lawful remuneration of the participants and self-raised funds obtained by other means permitted by laws and administrative regulations. The Company does not provide any form of financial assistance to participants to participate, including circumstances where guarantees are provided for loans. This Employee Stock Ownership Plan does not involve leveraged funds. There is no circumstance where a third party provides incentives, funding, subsidies, or backstop arrangements for participants.

(III) Non-trade transfer of the Employee Stock Ownership Plan

On March 31, 2026, the Company received the “Confirmation Letter for Securities Transfer Registration” issued by the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. As of March 30, 2026, the 37,623,800 shares of the Company held in the repurchase special securities account were non-trade transferred at RMB 11.43 per share to the relevant special account for this Employee Stock Ownership Plan.

As of the date of this announcement, the relevant special account under this Employee Stock Ownership Plan holds an aggregate of 37,623,800 shares of the Company, accounting for 1.06% of the Company’s current total share capital.

According to the “Home No. 8” Employee Stock Ownership Plan (Draft) of Goertek Co., Ltd., the validity period of this Employee Stock Ownership Plan is 42 months, counted from the date when the underlying shares are registered under the name of this Employee Stock Ownership Plan. The shares under this Employee Stock Ownership Plan are unlocked in two phases. The unlocking dates are, respectively, when 18 months and 30 months have elapsed since the underlying shares were transferred to the relevant special account under this Employee Stock Ownership Plan. The unlocking proportions are 50% and 50% of the total number of underlying shares held under this Employee Stock Ownership Plan.

III. Determination of Related Party Relationships and Acting-in-Concert Relationships for the Employee Stock Ownership Plan

On October 30, 2025, the Company convened a workers’ representative meeting and an extraordinary general meeting of shareholders (the second) in 2025, electing employee representative directors and non-employee representative directors for the seventh session of the board of directors. On November 7, 2025, the Company convened the first meeting of the seventh session of the board of directors to complete the appointment of senior management personnel of the seventh session of the board of directors. After the session re-election was completed, the holders of this Employee Stock Ownership Plan include Li Youbo and Duan Hailu, who are directors and vice presidents of the Company; Liu Yaochecheng is a director of the Company; Dong Haixia is an employee representative director of the Company; Liu Chunfa, Jiang Hongzhai, Gao Xiaoguang, and Yu Dachao are vice presidents of the Company; Li Yongzhi is the Company’s chief financial officer; and Xu Dapeng is the Company’s secretary to the board of directors. Except for the above circumstances, there are no other related party relationships between this Employee Stock Ownership Plan and the Company’s controlling shareholder, actual controller, directors, or senior management personnel.

The highest authority of this Employee Stock Ownership Plan is the holders’ meeting. The management committee is elected by the holders’ meeting to supervise the day-to-day management of the Employee Stock Ownership Plan. It represents the holders of the Employee Stock Ownership Plan to exercise shareholder rights. The day-to-day operation and decision-making of the Employee Stock Ownership Plan shall be completely independent of the Company. The shares obtained by holders through the Employee Stock Ownership Plan do not carry the right to vote at the Company’s shareholders’ meeting. This Employee Stock Ownership Plan voluntarily waives its right to vote at the Company’s shareholders’ meeting with respect to the shares it holds. The shares it holds entitle it to the rights of other shareholders other than the right to vote at the Company’s shareholders’ meeting (including dividend rights, rights to participate in share placements, and asset return rights such as rights to capital increase and share conversion, etc.). For directors and senior management personnel participating in this Employee Stock Ownership Plan, besides retaining dividend rights and investment return rights, they waive all relevant rights as holders of the Employee Stock Ownership Plan, including voting rights, nomination rights, and the rights to be nominated, and they undertake not to hold any position in the management committee. In light of this, there is no acting-in-concert relationship between this Employee Stock Ownership Plan and the controlling shareholder, actual controller, directors, or senior management personnel.

Each employee stock ownership plan currently existing in the Company has established management institutions that are independent of each other, and each has already waived its right to vote at the Company’s shareholders’ meeting for the shares it holds. Each employee stock ownership plan keeps independent accounting. There is no related party relationship or acting-in-concert relationship between this Employee Stock Ownership Plan and the “Home No. 6” employee stock ownership plan and the “Home No. 7” employee stock ownership plan that are still in existence. The interests in the Company held by each employee stock ownership plan are not aggregated for calculation.

IV. Accounting Treatment of the Employee Stock Ownership Plan

Pursuant to the provisions of “Accounting Standards for Business Enterprises No. 11—Share-Based Payments,” it is stated that: equity-settled share-based payments obtained in exchange for employee services can only be exercised after completing the service period waiting or meeting the specified performance conditions. During the waiting period, on each balance sheet date, the entity shall, based on the best estimate of the number of equity instruments expected to vest, and based on the fair value on the grant date of the equity instruments, recognize the services obtained in the current period as related costs or expenses and credit capital reserve.

The Company will conduct corresponding accounting treatment in accordance with relevant accounting standards and accounting systems. The final impact of this Employee Stock Ownership Plan on the Company’s operating results shall be subject to the annual audit report issued by the accounting firm.

The Company will continue to monitor the implementation progress of the Employee Stock Ownership Plan and, in accordance with relevant regulations, timely fulfill its information disclosure obligations.

V. Documents for Reference

1. The “Confirmation Letter for Securities Transfer Registration” issued by the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd.

This announcement is hereby issued.

Board of Directors of Goertek Co., Ltd.

April 1, 2026

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