YADEA(HK:01585)2023-07-03 11:38Share Incentive Plans - As of December 31, 2022, the total number of shares available for issuance under the share incentive plans is 109,200,539 shares, which includes 16,012,000 shares (approximately 0.52% of the issued share capital as of the 2022 annual report date) under the first share incentive plan, 17,512,539 shares (approximately 0.57%) under the second and third share incentive plans, and 75,676,000 shares (approximately 2.47%) under the fourth share incentive plan[7]. - The company has not granted any rewards under the first group incentive plan as of the date of the 2022 annual report[2]. - No payment is required upon acceptance of the rewards granted under the first, second, and third share incentive plans[4]. - The company has not yet redeemed any rewards through the general or special authorization to subscribe for new shares[2]. Board Discretion and Governance - The board has the discretion to determine the vesting period and conditions for the reward shares under the first share incentive plan[3]. - The board may determine the purchase price for the reward shares at its discretion, considering the company's business and financial performance[6]. - The board may specify other terms and conditions related to the acceptance of rewards in the notification to selected employees[5]. - The board of directors includes both executive and independent non-executive members, ensuring a diverse governance structure[8]. Accuracy and Impact of Reports - The company confirms that all information in the 2022 annual report is true and accurate[8]. - The announcement does not affect any information contained in the 2022 annual report[8].