Altek Medical Pte. Ltd., Subsidiary of Hua Jing Technology, Announces Board Resolution on Employee Stock Option Issuance

1. Board Resolution Date: July 27, 2026

2. Issuance Period: Issuance may occur in one or multiple tranches from the date of board resolution, based on actual needs. The specific issuance dates shall be determined by the Chairman.

3. Eligibility for Stock Options: Employees, managers, directors, consultants, and personnel from the company or its affiliated enterprises. The actual recipients and the number of options granted will be determined by the Chairman, based on performance, job responsibilities, overall contribution, or exceptional achievements.

4. Total Number of Employee Stock Option Units to be Issued: 8,900,000 units

5. Number of Shares per Option Unit: 1 ordinary share

6. Total Number of New Shares to be Issued upon Exercise or Shares to be Repurchased under Article 28-2 of the Securities and Exchange Act: A total of 8,900,000 new ordinary shares shall be issued upon exercise of the options.

7. Exercise Price: USD 0.499 per share

8. Option Exercise Period: The stock options shall remain valid for 3 years. They are non-transferable, non-pledgeable, and cannot be otherwise disposed of, except in cases of inheritance.

9. Type of Shares to be Subscribed: Ordinary shares of Altek Medical Pte. Ltd.

10. Handling upon Employee Resignation or Inheritance: (1) If the option holder voluntarily resigns, terminates employment due to reasons attributable to the holder, or breaches the employment agreement with the company or its affiliates, all granted but unexercised options, as well as ungranted options, shall automatically become void.

(2) In the event of inheritance, ungranted options shall automatically become void. Granted but unexercised options may be exercised within the original validity period. Any unexercised options upon expiry shall automatically become void.

(3) If employment terminates for reasons other than those stated above, all granted but unexercised options and ungranted options shall automatically become void.

11. Other Exercise Conditions: None

12. Settlement Method: Delivery through issuance of new shares by the company

13. Adjustment of Exercise Price: During the option term, if the company’s capital structure changes due to capitalization of reserves or surplus, merger, split, or capital reduction, the corresponding number of shares shall be automatically adjusted. No adjustment shall be made if new shares are issued for cash or other consideration.

14. Procedure for Exercising Options: The option holder shall notify the company of their intent to exercise the option as stipulated in the stock option plan and pay the full exercise price. The company shall then issue the new shares.

15. Rights and Obligations after Exercise: The rights and obligations of the ordinary shares obtained upon exercise are identical to those of the company's existing ordinary shares.

16. Conversion, Exchange, or Subscription Benchmark Date: Not applicable

17. Potential Share Dilution from Conversion, Exchange, or Subscription: Not applicable

18. Other Material Agreements: None

19. Other Matters to be Disclosed: None