UCloud(SH:688158) Zheng Quan Zhi Xing·2025-09-05 11:12Core Viewpoint - The announcement details the results of the stock incentive plan for the first category of incentive objects' fourth vesting period and the second category's third vesting period, highlighting the failure of certain stocks to vest due to performance targets not being met and the departure of some incentive objects [1][8][9]. Group 1: Stock Incentive Plan Overview - The stock incentive plan was approved during the board meeting on May 28, 2020, and subsequently ratified by the shareholders on June 19, 2020 [1][3]. - The plan included a public notice period from June 1 to June 11, 2020, during which no objections were raised regarding the incentive objects [2]. Group 2: Vesting Results - For the first category of incentive objects, 38.825 thousand shares failed to vest due to 11 individuals leaving the company and the company's failure to meet the performance targets for the fourth vesting period [7][8]. - For the second category of incentive objects, 14.6025 thousand shares failed to vest due to one individual leaving and not meeting the performance targets for the third vesting period [8][9]. Group 3: Impact of Non-Vesting - The non-vesting of these shares is not expected to materially impact the company's financial status or operational results, nor will it affect the stability of the core management team [9].