Company: GURE
Filing Date: 2025-04-11
Form Type: 10-K
Source: 0001193805-25-000461
Chunk: 348

Company: GULF RESOURCES, INC.
Filing Date: 2025-04-11
Form: 10-K
Item: Item 5
Chunk 348
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Outstanding Equity Awards at Fiscal Year-End

The following table sets forth,
for each named executive officer, information regarding unexercised stock options, unvested stock awards, and equity incentive plan awards
outstanding as of December 31, 2024.

Policies and Practices for
Granting Certain Equity Awards

Our policies and practices regarding
the granting of equity awards are carefully designed to ensure compliance with applicable securities laws and to maintain the integrity
of our executive compensation program. The Compensation Committee is responsible for the timing and terms of equity awards to executives
and other eligible employees.

The timing of equity award grants
is determined with consideration to a variety of factors, including but not limited to, the achievement of pre-established performance
targets, market conditions and internal milestones. The Company does not follow a predetermined schedule for the granting of equity awards;
instead, each grant is considered on a case-by-case basis to align with the Company’s strategic objectives and to ensure the competitiveness
of our compensation packages.

In determining the timing and
terms of an equity award, the Board or the Compensation Committee may consider material nonpublic information to ensure that such grants
are made in compliance with applicable laws and regulations. The Board’s or the Compensation Committee’s procedures to prevent
the improper use of material nonpublic information in connection with the granting of equity awards include oversight by legal counsel
and, where appropriate, delaying the grant of equity awards until the public disclosure of such material nonpublic information.

The Company is committed to maintaining
transparency in its executive compensation practices and to making equity awards in a manner that is not influenced by the timing of the
disclosure of material nonpublic information for the purpose of affecting the value of executive compensation. The Company regularly reviews
its policies and practices related to equity awards to ensure they meet the evolving standards of corporate governance and continue to
serve the best interests of the Company and its shareholders.

OUTSTANDING EQUITY AWARDS AT 2024
FISCAL YEAR END

    OPTION AWARDS 

     STOCK
                                            AWARDS  

     Equity
                                            Incentive  

    Equity Incentive

     Plan
                                            Awards:  

    Equity Incentive 
    Plan Awards:

     Number
                                            of  
     Number
                                            of  
     Number
                                            of  

    Plan Awards: 
    Market or Payout

     Securities  
     Securities  
     Securities