Core Viewpoint - The company announced the cancellation of 14.043 million stock options from its 2022 stock option incentive plan due to unmet performance conditions for the third exercise period and the second exercise period of the reserved grants [2][9][12] Summary by Sections Stock Option Cancellation - The total number of stock options being canceled is 14.043 million [2][12] - The cancellation is based on the failure to meet the performance conditions set for the stock options [9][11] Performance Conditions - The performance targets for the stock options include minimum revenue and net profit requirements for each exercise period [10] - For the first exercise period in 2022, the targets were set at a minimum revenue of 2.05 billion and a net profit of 0 [10] - The second exercise period in 2023 required a minimum revenue of 2.15 billion and a net profit of 30 million [10] - The third exercise period in 2024 has targets of 2.35 billion in revenue and 80 million in net profit [10] Impact on Company - The cancellation of stock options is not expected to affect the stability of the management team or have a substantial impact on the company's financial status and operational results [11] - The board's compensation and assessment committee has reviewed the cancellation and found it compliant with relevant regulations [11][12] Legal Compliance - The cancellation process has received necessary approvals and is in accordance with the relevant laws and regulations [12]
维科技术: 维科技术关于注销2022年股票期权激励计划首次授予第三个行权期、预留授予(第二批次)第二个行权期的股票期权的公告