Stock code: 688303 Stock abbreviation: Daqo Energy Announcement No.: 2025-012

Xinjiang Daqo New Energy Co., Ltd

About the 2025 Senior Management Compensation and Performance Appraisal Plan

of the announcement

The Board of Directors and all directors of the Company guarantee that there are no false records or misleading statements in the content of the announcement

or material omissions, and bear legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Xinjiang Daqo New Energy Co., Ltd. (hereinafter referred to as the "Company") will be effective as of March 31, 2025

The first meeting of the Remuneration and Appraisal Committee of the third board of directors of the company in 2025 and the sixteenth meeting of the third board of directors were held in combination with the voting method of communication, and the "Proposal on the Remuneration and Performance Appraisal Plan of Senior Managers in 2025" was deliberated and approved. In accordance with the Articles of Association of Xinjiang Daqo New Energy Co., Ltd., the Working Rules of the Remuneration and Appraisal Committee of the Board of Directors of Xinjiang Daqo New Energy Co., Ltd. and other relevant systems, combined with the actual situation of the company's business scale and performance, and with reference to the salary level of the industry, the remuneration and performance appraisal plan of the company's senior management personnel in 2025 is as follows:

1. Scope of application

General Manager, Deputy General Manager, Secretary of the Board of Directors, and Chief Financial Officer of the Company

2. Applicable Period

January 1, 2025 to December 31, 2025

3. Organizational management

The Remuneration and Appraisal Committee of the Board of Directors of the Company is responsible for formulating and evaluating the evaluation standards of senior managers, and formulating and reviewing the remuneration policies and plans of senior managers. At the same time, the board of directors of the company authorizes the chairman of the company to handle and decide on the salary adjustment, performance agreement and daily performance appraisal of the company's senior management, and report to the board of directors of the company together with the annual operation and management.

Fourth, the salary standard

The remuneration of senior management consists of basic salary, performance pay and performance bonus.

1. Basic salary: The basic salary is the basic salary standard determined according to the job position and work content, job value, responsibility, ability, market salary and other factors, and is paid on a monthly basis.

2. Performance salary: determined according to the comprehensive assessment results such as the performance appraisal of individual positions and the completion of the company's goals, and will be assessed and issued according to each assessment cycle.

3. Performance bonus: fully reflect the relevance and linkage between the company's salary level and the company's operating efficiency, and determine the performance bonus according to the annual operation and management objectives and economic indicators determined by the board of directors, taking into account the stock and incremental contribution of business performance, and determining the performance bonus according to the signed annual performance agreement.

5. Miscellaneous Provisions

1. In accordance with the requirements of relevant laws and regulations and the Articles of Association, the above-mentioned remuneration plan for senior management shall take effect from the date of deliberation and approval by the Board of Directors.

2. The company's senior management personnel have clarified the business objectives by signing the annual performance agreement, and decomposed the business indicators layer by layer, and the business performance appraisal has been bound layer by layer, forming a close relationship between the business performance appraisal results and salary, incentives, appointment and dismissal.

3. If the company's senior management personnel leave their posts due to re-election, re-election, resignation during the term of office, etc., the salary shall be calculated and paid according to their actual tenure.

The announcement is hereby made.

Board of Directors of Xinjiang Daqo New Energy Co., Ltd

April 2, 2025