青岛森麒麟轮胎股份有限公司关于2022年股票期权激励计划首次授予第三个行权期自主行权的提示性公告

Core Viewpoint - The announcement details the third exercise period of the 2022 stock option incentive plan for Qingdao Senqilin Tire Co., Ltd, indicating that 265 eligible participants can exercise a total of 887,905 stock options at a price of 16.47 yuan per share, with the exercise period set from May 24, 2025, to April 11, 2026 [2][3][17]. Summary by Sections Incentive Plan Overview - The stock options granted in the 2022 incentive plan amount to 887,905 shares, representing 0.0857% of the company's total shares [2][17]. - The exercise price for the options is set at 16.47 yuan per share [2][17]. Exercise Conditions and Procedures - The exercise will be conducted through the self-exercise model using the system provided by Guotai Junan Securities Co., Ltd [3][17]. - The actual exercise period is from August 1, 2025, to April 10, 2026, based on trading days [3][17]. Approval and Compliance - The board of directors and the supervisory board have approved the incentive plan and its conditions, ensuring compliance with relevant laws and regulations [4][5][7]. - The plan has undergone necessary public disclosures and has received no objections during the public notice period [5][6]. Adjustments and Historical Context - The initial number of participants was adjusted from 466 to 452 due to eligibility changes, and the total options granted were revised from 19.797 million to 19.571 million [13][14]. - The exercise price has been adjusted multiple times due to corporate actions, with the latest adjustment bringing it to 16.47 yuan per share [9][15][16]. Impact on Company Structure and Financials - The exercise of these options is not expected to significantly impact the company's shareholding structure or its compliance with listing requirements [23]. - The potential increase in total shares due to the exercise of options is estimated to be minimal in terms of its effect on earnings per share and return on equity [24]. Tax and Compliance Arrangements - Participants are responsible for their personal income tax, which will be withheld and paid by the company [21]. - Unexercised options will be canceled according to the plan's provisions, ensuring that only eligible options remain [22]. Future Reporting - The company will disclose changes in the stock option incentive plan and related parameters in regular reports [26].