新奥股份：关于股份性质变更暨2025年限制性股票激励计划预留授予的进展公告

Core Viewpoint - The announcement from New Oriental Holdings indicates the successful achievement of the conditions for the 2025 restricted stock incentive plan, allowing for the granting of restricted stocks to eligible participants [2] Group 1: Incentive Plan Details - The company held its 11th Board of Directors' fourth meeting on October 17, 2025, where it approved the proposal to grant reserved restricted stocks to 17 eligible participants [2] - A total of 4.88 million shares were initially set to be granted, with a reserved grant price of 8.58 yuan per share [2] - One participant voluntarily waived their right to subscribe for 46,600 shares, reducing the total number of shares granted to 4.8334 million [2] Group 2: Financial Contributions - As of November 10, 2025, the total amount received from the 17 participants for the subscription of shares was 41,470,572 yuan [2] - The shares granted will transition from unrestricted tradable shares to restricted tradable shares, as confirmed by the Shanghai Stock Exchange and the China Securities Depository and Clearing Corporation [2]