天津创业环保集团股份有限公司关于2020年股票期权激励计划预留股票期权 第二个行权期自主行权实施公告

Core Points - The company has announced the second exercise period for its stock option incentive plan, which will take place from December 8, 2025, to December 20, 2025 [1] - The board of directors approved the achievement of exercise conditions for the second exercise period of the stock option incentive plan during a meeting held on January 14, 2025 [1][2] - The total number of stock options available for exercise in the second period is 242,665 shares, which represents one-third of the total options granted to 13 incentive recipients [11][14] Summary of Stock Option Incentive Plan Approval and Implementation - The stock option incentive plan was approved through various meetings held by the board and supervisory committee in late 2020, with independent opinions provided by the independent directors [2][3] - The plan included a public announcement of the intended recipients and received approval from the indirect controlling shareholder [2][3] Historical Granting and Exercise - The first exercise period for the stock options was from January 21, 2023, to January 20, 2024, with a total of 3,334,792 options available for exercise, but no options were exercised by the end of this period [9] - The second exercise period for the stock options is set from May 31, 2024, to January 20, 2025, with 3,196,126 options available for exercise [10] Conditions for Exercise - The conditions for the second exercise period have been met, allowing the 13 incentive recipients to exercise their options [11][14] - The company has outlined procedures for handling options that do not meet exercise conditions due to employment changes [11] Financial and Legal Considerations - The company has accounted for the stock option expenses according to relevant accounting standards, ensuring that the exercise of options will not significantly impact its financial status [15] - Legal opinions confirm that the exercise conditions have been satisfied in accordance with applicable regulations [16]