Stock code: 688213 Stock abbreviation: Smartway Announcement No.: 2024-050

SmartSens (Shanghai) Electronic Technology Co., Ltd

Announcement of the resolution of the fifth meeting of the second board of supervisors

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

1. The convening of the meeting of the board of supervisors

SmartSens (Shanghai) Electronic Technology Co., Ltd. (hereinafter referred to as the "Company") is the second board of supervisors

The fifth meeting was held on December 13, 2024 in the company's conference room by means of on-site and communication voting.

The notice of the meeting was sent out by communication on 6 December 2024. The meeting was chaired by Hu Wenge, Chairman of the Board of Supervisors

Convened and presided, 3 supervisors should attend the meeting, and 3 supervisors actually attended. The convening and convening of this meeting is in accordance with the relevant laws, administrative regulations, departmental rules, normative documents and the relevant provisions of the Articles of Association of SmartSens (Shanghai) Electronic Technology Co., Ltd. (hereinafter referred to as the "Articles of Association"), and the meeting is legal and valid.

2. Deliberations of the Board of Supervisors

All the Supervisors passed the following resolutions by voting:

(1) Reviewed and approved the "Proposal on Providing Guarantee Quota for Subsidiaries in 2025"

After review, the Board of Supervisors believes that the guarantee provided by the Company to the subsidiary in 2025 is conducive to the operation and development of the subsidiary and is in line with the overall interests of the Company. The decision-making procedure complies with the provisions of relevant national laws, regulations and the articles of association of the company, and there is no harm to the interests of the company and small and medium-sized shareholders.

For details, please refer to the company's publication on the website of the Shanghai Stock Exchange on December 14, 2024

(www.sse.com.cn) Announcement on Expected Guarantee Quota for Subsidiaries in 2025 (Announcement No. 2024-051).

The result of the vote: 3 votes in favor; 0 votes against; Abstained 0 votes.

(2) Reviewed and approved the "On the Cancellation of the Company's 2023 Restricted Stock Incentive Plan".

Proposal on unvested restricted stocks》

After review, the Board of Supervisors believes that the Company's cancellation of the 2023 Restricted Stock Incentive Plan (hereinafter referred to as the "Incentive Plan") has granted some of the restricted shares that have not yet been vested in accordance with the relevant provisions of the Administrative Measures for Equity Incentive Plans of Listed Companies and the Company's 2023 Restricted Stock Incentive Plan (Draft), and the decision-making procedures are legal and compliant, and there is no harm to the interests of the Company and its shareholders. The Board of Supervisors approved the Company to void part of the restricted shares that have not yet been vested in this incentive plan.

For details, please refer to the company's publication on the website of the Shanghai Stock Exchange on December 14, 2024

(www.sse.com.cn) Announcement on the Cancellation of Partially Granted Restricted Shares Not Vested in the 2023 Restricted Stock Incentive Plan (Announcement No.: 2024-053).

The result of the vote: 3 votes in favor; 0 votes against; Abstained 0 votes.

(3) Reviewed and approved the "Proposal on Meeting the Vesting Conditions for the First Vesting Period of the Company's 2023 Restricted Stock Incentive Plan for the First Grant"

After review, the Board of Supervisors believes that in accordance with the relevant provisions of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for Equity Incentives of Listed Companies and the Company's 2023 Restricted Stock Incentive Plan (Draft), the vesting conditions for the first vesting period of the first vesting period of the incentive plan have been fulfilled. After verification, a total of 242 incentive recipients meet the vesting conditions, and the subject qualifications are legal and valid, and the number of attributable restricted shares is 2,129,375 shares. In accordance with the relevant provisions of this incentive plan, the company handles the deliberation and voting procedures for the attribution of eligible incentive recipients in accordance with laws and regulations, and there is no harm to the interests of the company and shareholders.

Therefore, the Board of Supervisors agreed that the Company would implement the registration of the vesting of the restricted shares during the vesting period.

For details, please refer to the company's publication on the website of the Shanghai Stock Exchange on December 14, 2024

(www.sse.com.cn) Announcement on the First Vesting Period of the First Vesting Period of the 2023 Restricted Stock Incentive Plan (Announcement No.: 2024-054).

The result of the vote: 3 votes in favor; 0 votes against; Abstained 0 votes.

The announcement is hereby made.

SmartSens (Shanghai) Electronic Technology Co., Ltd

Supervisory board

December 14, 2024