Stock code: 688472 Stock abbreviation: Canadian Solar Announcement No.: 2024-058

Canadian Solar Group Co., Ltd

The Board of Supervisors on the Company's 2024 Restricted Stock Incentive Plan

An explanation of the publicity of the list of first-time grantees and verification opinions

The Board of Supervisors and all supervisors of the Company guarantee that there are no false records, misleading statements or material omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its contents.

Canadian Solar Group Co., Ltd. (hereinafter referred to as the "Company") held the fifth meeting of the second session of the board of directors and the fourth meeting of the second session of the board of supervisors on September 21, 2024, and deliberated and approved the > of the Company's < 2024 Restricted Stock Incentive Plan (Draft). and its summary of the bill" and other related bills. In accordance with the Company Law, the Securities Law, the Administrative Measures for Equity Incentives of Listed Companies (hereinafter referred to as the "Measures for the Administration of Equity Incentives"), the Rules for the Listing of Stocks on the Science and Technology Innovation Board of the Shanghai Stock Exchange (hereinafter referred to as the "Listing Rules"), the Self-Regulatory Guidelines for Listed Companies on the Science and Technology Innovation Board No. 4 - Disclosure of Equity Incentive Information and other laws, regulations and normative documents and the relevant provisions of the Articles of Association, the Company has made a significant contribution to the 2024 Restricted Stock Incentive Plan (hereinafter referred to as the "Incentive Plan") The list of incentive objects granted for the first time has been publicized internally, and the board of supervisors of the company has verified the incentive objects granted for the first time in this incentive plan in combination with the publicity, and the relevant publicity and verification methods are as follows:

1. Publicity and verification methods

1. The company's publicity of the incentive object.

On September 24, 2024, the Company disclosed the "Canadian Solar Group Co., Ltd. 2024 Restricted Stock Incentive Plan (www.sse.com.cn Draft)" and its summary, the "Canadian Solar Group Co., Ltd. 2024 Restricted Stock Incentive Plan Implementation Assessment Management Measures" and the "Canadian Solar Group Co., Ltd. 2024 Restricted Stock Incentive Plan Implementation Assessment and Management Measures" and "Canadian Solar Group Co., Ltd. 2024 Restricted Stock Incentive Plan (Draft)" and "Canadian Solar Group Co., Ltd. 2024 Restricted Stock Incentive Plan (Draft)" and "Canadian Solar Group Co., Ltd. 2024 Restricted Stock Incentive Plan Implementation Assessment and Management Measures" and "Canadian Solar Group Co., Ltd. 2024 Restricted Stock Incentive Plan Implementation Assessment and Management Measures" and "Canadian Solar Group Co., Ltd. 2024 Restricted Stock Incentive Plan Canadian Solar Group Co., Ltd.'s 2024 Restricted Stock Incentive Plan Granted Part of the Incentive Recipients for the First Time (as of the Grant Date)", and from September 24, 2024 to October 4, 2024, the list of incentive recipients granted for the first time in the incentive plan was publicized within the company, and the company's employees can submit comments to the board of supervisors of the company within the publicity period.

As of the expiration of the publicity period, the board of supervisors of the company has not received any objections from any employees to the list of incentive objects granted for the first time in this incentive plan.

2. The method of verification of the proposed incentive object by the board of supervisors of the company

The board of supervisors of the company checked the list of incentive recipients granted for the first time in this incentive plan, identity documents, labor contracts signed with the company (including subsidiaries and branches), and positions held in the company.

2. Verification opinions of the board of supervisors

In accordance with the provisions of the Measures for the Administration of Equity Incentives, the Listing Rules, the Articles of Association and the 2024 Restricted Stock Incentive Plan (Draft), the Board of Supervisors has verified the list of incentive recipients granted for the first time in this incentive plan, and issued the following verification opinions:

1. The personnel included in the list of incentive recipients granted for the first time in the company's incentive plan have the qualifications stipulated in the Company Law, the Securities Law, the Measures for the Administration of Equity Incentives, the Listing Rules and other relevant laws, regulations, normative documents and the Articles of Association.

2. The incentive object granted for the first time in this incentive plan does not have the circumstances stipulated in Article 8 of the "Measures for the Administration of Equity Incentives" that shall not become the incentive object:

(1) Identified as an unsuitable person by the stock exchange within the last 12 months;

(2) Identified as an unsuitable person by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") and its dispatched agencies within the last 12 months;

(3) In the past 12 months, the China Securities Regulatory Commission and its dispatched agencies have been administratively punished or banned from entering the market due to major violations of laws and regulations;

(4) Those who are prohibited from serving as directors or senior managers of the company as stipulated in the Company Law;

(5) Laws and regulations stipulate that it is not allowed to participate in the equity incentive of a listed company;

(6) Other circumstances determined by the China Securities Regulatory Commission.

3. The personnel included in the list of incentive objects granted for the first time in this incentive plan meet the conditions for incentive objects stipulated in the "Measures for the Administration of Equity Incentives", "Listing Rules" and other documents, and are consistent with the scope of incentive objects determined in the "2024 Restricted Stock Incentive Plan (Draft)".

Subsidiaries and branches) and other personnel deemed by the board of directors to be incentive, excluding the parents and children of the company's independent directors, supervisors and actual controllers.

4. The basic information of the personnel included in the list of incentive recipients granted for the first time in this incentive plan is true, and there is no falsehood, deliberate concealment or major misunderstanding.

To sum up, the board of supervisors of the company believes that the personnel included in the list of incentive objects granted for the first time in the company's incentive plan meet the conditions stipulated in relevant laws, regulations and normative documents, and meet the scope of incentive objects stipulated in the "2024 Restricted Stock Incentive Plan (Draft)", and they are legal and effective as the first incentive objects granted in this incentive plan.

The announcement is hereby made.

The Board of Supervisors of Canadian Solar Group Co., Ltd

October 9, 2024