Meig Smart Technology Co., Ltd. (ASX: MEIG, formerly 002881) announced on July 24, 2026, that its board of directors has resolved to recommend the adoption of the 2026 Stock Option and Restricted Stock Incentive Plan, subject to shareholder approval.

To further enhance the company's governance structure, the plan aims to establish and strengthen a comprehensive incentive and restraint mechanism. It is designed to increase the sense of responsibility and mission among the company's management team and core technical staff in achieving sustainable and healthy development. Furthermore, the plan seeks to fully mobilize the enthusiasm of these personnel, effectively aligning the interests of shareholders, the company, and the core team. By fostering a shared focus on the company's long-term growth, the plan supports the achievement of medium- and long-term corporate objectives. The company formulated this 2026 A-Share Equity Incentive Plan in accordance with relevant laws, regulations, and normative documents, as well as the company's Articles of Association.