Company: GURE
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001193805-25-001103
Chunk: 35

Company: GULF RESOURCES, INC.
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 35
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 warrants and rights (a) |     | Weighted-average exercise price of outstanding options, warrants and rights (b) |     | Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) (c) |         |
| Equity compensation plans approved by security holders     |     |                                                                                                 |     |                                                                                 |     |                                                                                                                                                 | 561,801 |
| Equity compensation plans not approved by security holders |     |                                                                                                 |     |                                                                                 |     |                                                                                                                                                 |       — |
| Total                                                      |     |                                                                                                 |     |                                                                                 |     |                                                                                                                                                 | 561,801 |

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General

The following summary of the 2025 Plan is qualified
in its entirety by reference to the complete text of the 2025 Plan, a copy of which is attached to this proxy statement as Appendix A. Capitalized terms used and not otherwise defined in this section discussing the adoption of the 2025 Plan shall have the meanings
given to them in the 2025 Plan.

Our Board of Directors has adopted and approved
the 2025 Plan, subject to the effectiveness of stockholder approval. Upon shareholders’ approval, the 2025 Plan will become effective
immediately and is a comprehensive incentive compensation plan under which we can grant equity-based and other incentive awards to officers,
employees and directors of, and consultants and advisers to, the Company. The purpose of the 2025 Plan is to help us attract, motivate
and retain such persons and thereby enhance shareholder value.

Administration.

Upon effectiveness, the 2025 Plan will be administered
by a Committee of the Board of Directors (the “Plan Committee”) consisting of two or more persons who will each be (i) “non-employee
directors” within the meaning of Rule 16b-3 of the Exchange Act, and (ii) “independent” for purposes of any applicable
listing requirements. If a member of the Plan Committee is eligible to receive an award under the 2025 Plan, such Plan Committee member
shall have no authority hereunder with respect to his or her own award. Among other things, the Plan Committee has complete discretion,
subject to the terms of the 2025 Plan, to determine the employees, directors and consultants to be granted awards under the 2025 Plan,
the type of awards to be granted, the number of shares subject to each award, the exercise price under each option and the base price