CNT GROUP(00701) - 2022 - 年度业绩

Supplemental Announcement Regarding the 2022 Annual Report This announcement supplements the 2022 Annual Report, detailing updates to share option schemes for Beihai Group and China Paint Group Beihai Group Limited Share Option Scheme This section details changes to Beihai Group's share option schemes, including the termination of the 2012 Scheme and adoption of the 2022 Scheme 2012 Scheme The 2012 Scheme, valid for ten years, was terminated by shareholders on June 2, 2022, preventing further option grants - The 2012 Scheme was terminated on June 2, 2022, and no further options could be granted by year-end[2] 2022 Scheme The 2022 Scheme was adopted on June 2, 2022, with 190,368,569 options available for grant by year-end 2022 Scheme Details | Item | Details | | :--- | :--- | | Scheme Name | 2022 Scheme | | Adoption Date | June 2, 2022 | | Number of Options Available for Grant at 2022 Year-End | 190,368,569 options | Beihai Remuneration Committee The Beihai Remuneration Committee reviewed and approved the remuneration policy and the adoption of the 2022 Scheme during the year - The Beihai Remuneration Committee reviewed and approved the remuneration policy and the adoption of the 2022 Scheme during the 2022 financial year[6] China Paint Group Limited Share Option Scheme China Paint Group granted 80 million share options to directors and employees under its scheme, aiming to reward contributions without performance targets China Paint Scheme Overview The China Paint Scheme, adopted in 2020, had 100 million options available at the start of 2022, with 20 million remaining by year-end China Paint Scheme Option Availability | Item | Number of Options | | :--- | :--- | | Available for Grant as of January 1, 2022 | 100,000,000 options | | Available for Grant as of December 31, 2022 | 20,000,000 options | Summary of Matters Reviewed by China Paint Remuneration Committee Regarding China Paint Scheme The China Paint Remuneration Committee approved the grant of 80 million options, with 50% immediate vesting, to reward contributions and incentivize service without performance targets - For the year ended December 31, 2022, China Paint granted 80,000,000 share options to three directors and five employees[8] - Of the 80 million options granted, 50% (40 million options) vested and became immediately exercisable on the grant date of June 15, 2022[8] - The China Paint Remuneration Committee determined that the option grants aimed to reward and recognize grantees' contributions and incentivize continued service, thus no performance targets were attached[10][13] - The options do not include a clawback mechanism, but granted options will immediately lapse if employment is terminated due to serious misconduct[11][14] Conclusion This announcement provides supplementary information to the 2022 Annual Report, with all other content remaining unchanged - This announcement serves as supplementary information and does not affect other content in the 2022 Annual Report, which otherwise remains unchanged[12]