ENN Natural Gas committee verifies restricted stock incentive recipients

The remuneration and appraisal committee of ENN Natural Gas Co., Ltd. announced on October 28, 2025, that it has verified the list of recipients for the 2025 restricted stock incentive plan's reserved grant. This verification followed a resolution passed by the Tenth Board of Directors at its fourth meeting on October 17, 2025.

The list of proposed incentive recipients was publicly disclosed on the Shanghai Stock Exchange website and internally within the company from October 18 to October 27, 2025. During the ten-day disclosure period, the committee received no objections from any organization or individual regarding the proposed list.

The committee concluded that all individuals on the list for the reserved grant meet the qualifications outlined in the "Administrative Measures for Equity Incentives for Listed Companies," the company's articles of association, and the "ENN Ecological Holdings 2025 Restricted Stock Incentive Plan (Draft)." They are deemed eligible to receive the restricted shares, with no independent directors or major shareholders (5% or more) included.