*ST星光拟终止2023年股票期权激励计划，注销3500万份期权

Core Viewpoint - The company has decided to terminate its 2023 stock option incentive plan due to changes in the external market environment and business adjustments, which hindered the plan's effectiveness in covering core personnel [1] Group 1: Termination of Incentive Plan - The company held its seventh board meeting on September 26, 2025, where it approved the termination of the stock option incentive plan and the cancellation of 35 million unexercised stock options [1] - The incentive plan was implemented in March 2023 but was deemed ineffective due to external market changes and business adjustments [1] - A total of 76 individuals were affected by the cancellation of the stock options, and the termination is subject to shareholder meeting approval [1] Group 2: Future Plans and Commitments - The company stated that the termination of the plan complies with regulations and will not harm shareholder interests or affect daily operations [1] - The company plans to optimize its compensation and assessment mechanisms following the termination of the incentive plan [1] - The company has committed not to review any stock incentive plans within three months from the announcement of the shareholder meeting resolution [1]