每日互动: 国浩律师（杭州）事务所关于每日互动股份有限公司2023年限制性股票激励计划授予价格调整、部分限制性股票作废及首次授予部分第一个归属期符合归属条件之法律意见书

Core Viewpoint - The legal opinion letter from Grandall Law Firm (Hangzhou) confirms that the adjustments to the stock incentive plan of Daily Interaction Co., Ltd. are compliant with relevant laws and regulations, including the adjustment of stock grant prices, the cancellation of certain restricted stocks, and the fulfillment of vesting conditions for the first vesting period [2][6][14]. Group 1: Legal Compliance and Approval - The law firm conducted a thorough verification of the relevant documents and facts, ensuring that the legal opinions provided are accurate and complete [3][4]. - Daily Interaction has guaranteed the authenticity and completeness of the materials provided to the law firm for the issuance of the legal opinion [4][5]. - The necessary approvals and authorizations for the adjustments, cancellations, and vesting matters have been obtained, in accordance with the relevant regulations and the incentive plan [6][14]. Group 2: Stock Grant Price Adjustment - The adjustment of the stock grant price was necessitated by the distribution of cash dividends to shareholders, with the adjusted grant price calculated as follows: P = P0 - V, where P0 is the original grant price and V is the cash dividend per share [6][7]. - The adjusted grant price after the dividend distribution is 19.97 CNY per share, down from the original price of 20.02 CNY [7]. Group 3: Cancellation of Restricted Stocks - A total of 1.07 million shares of restricted stock were canceled due to 44 individuals no longer qualifying as incentive recipients due to personal reasons [8][14]. - The cancellation of these shares is in compliance with the relevant regulations and the incentive plan [8][14]. Group 4: Vesting Conditions - The first vesting period for the restricted stocks is defined as the period from April 25, 2023, to April 24, 2026 [8][11]. - The conditions for vesting have been met, including the absence of negative audit opinions and compliance with performance targets [10][11]. - The performance assessment for the first vesting period requires a net profit growth rate of no less than 35% compared to the previous year [11][12].