甘源食品股份有限公司关于2022年员工持股计划预留授予部分第二个锁定期届满的提示性公告

Core Viewpoint - The announcement details the expiration of the second lock-up period for the reserved portion of the 2022 employee stock ownership plan of Ganyuan Food Co., Ltd, highlighting the conditions and implications of the plan's execution [1][2]. Group 1: Employee Stock Ownership Plan Overview - The employee stock ownership plan involves shares sourced from the company's repurchased shares, with a total repurchase fund between RMB 60 million and RMB 120 million, and a maximum repurchase price of RMB 85.09 per share [2][3]. - A total of 1,255,793 shares were repurchased, accounting for 1.35% of the company's total share capital, with a total expenditure of approximately RMB 60 million [3][4]. Group 2: Lock-up Period and Conditions - The second lock-up period for the reserved portion of the employee stock ownership plan will expire on May 11, 2025, allowing for the unlocking of 30,750 shares, which is 50% of the reserved portion and 0.03% of the total share capital [7][8]. - The plan stipulates that if the company does not meet performance assessment requirements, the corresponding unlockable shares will not be released, and the rights will be reclaimed by the management committee [6][8]. Group 3: Future Arrangements and Compliance - Following the expiration of the lock-up period, any unfulfilled performance conditions will lead to the sale of the corresponding shares, with proceeds returned to the holders at the lower of their original investment plus interest or the sale amount [8][11]. - The employee stock ownership plan will adhere to market trading rules and regulations, including specific blackout periods around financial disclosures and significant events [8][9]. Group 4: Plan Duration and Changes - The employee stock ownership plan has a duration of 60 months, with provisions for extension subject to approval from two-thirds of the participating holders [11][12]. - Any changes to the plan require a similar level of approval from the holders and must be submitted to the board for review [11].