老板电器: 关于向激励对象授予股票期权的公告

Core Viewpoint - The company has approved a stock option incentive plan, granting 6.08 million stock options to 372 eligible participants, effective from May 23, 2025, as part of its 2025 stock option incentive plan [1][2][3] Summary by Sections Stock Option Incentive Plan Approval - The company held meetings on May 23, 2025, where the stock option incentive plan was approved by the board and supervisory committee [1][2] - The plan was previously disclosed on April 29, 2025, and included the names and positions of the incentive recipients [2] Details of the Stock Option Grant - A total of 6.08 million stock options will be granted, representing 0.64% of the company's current total share capital [3][8] - The plan excludes independent directors, supervisors, and shareholders holding more than 5% of the company's shares [8] Vesting and Exercise Conditions - The stock options have a maximum validity of 48 months from the grant date, with a waiting period of 12, 24, and 36 months for different tranches [4][5] - The exercise periods are divided into three phases: 30% after 12 months, 30% after 24 months, and 40% after 36 months [5] Performance Assessment Criteria - The performance assessment for the stock options will be based on net asset return rates and revenue growth compared to industry averages for the years 2025 to 2027 [6][7] - If the company fails to meet the performance targets, the stock options for that year will be canceled [6] Financial Implications - The funds raised from the stock option exercise will be used to supplement the company's working capital [8] - The company will not provide any financial assistance for the exercise of stock options, and all taxes will be withheld as per regulations [8] Legal and Compliance - The plan has received necessary approvals and complies with relevant laws and regulations, ensuring no conflicts with shareholder interests [11][12]