西大门: 北京市康达律师事务所关于浙江西大门新材料股份有限公司2023 年限制性股票激励计划调整回购价格、回购注销部分限制性股票、第二个限售期解除限售条件成就相关事项

Core Viewpoint - The legal opinion letter from Kangda Law Firm confirms that Zhejiang Xidamen New Materials Co., Ltd. has met the necessary conditions for the second lock-up period release of its 2023 restricted stock incentive plan, including adjustments to repurchase prices and the cancellation of certain restricted stocks [4][11][23]. Summary by Sections Legal Opinion Overview - The law firm was commissioned to provide legal advice regarding the adjustments to the repurchase price, the cancellation of certain restricted stocks, and the conditions for the release of the second lock-up period [4][5][12]. Implementation of the Incentive Plan - The implementation of the 2023 restricted stock incentive plan has been approved by the shareholders, with independent directors providing their consent [8][10][11]. Adjustments to Repurchase Price - The repurchase price for the restricted stocks was adjusted from 6.70 yuan per share to 4.39 yuan per share due to the implementation of an equity distribution plan [11][12][14]. Cancellation of Restricted Stocks - The company plans to repurchase and cancel a total of 249,340 shares of restricted stocks from 29 individuals due to performance assessment failures [15][16][23]. Conditions for Release of Lock-up Period - The conditions for the release of the second lock-up period have been met, allowing for the release of 837,060 shares of restricted stocks to 68 individuals [22][23]. Conclusion - The law firm concludes that all necessary approvals and authorizations for the adjustments, cancellations, and releases have been obtained, complying with relevant regulations [23].