广州酒家集团股份有限公司关于2025年股票期权与限制性股票激励计划首次授予股票期权登记完成的公告

Core Viewpoint - Guangzhou Restaurant Group has completed the registration of stock options and restricted stock incentive plans for 2025, with a total of 3.072 million stock options granted to 209 individuals, aimed at enhancing employee motivation and company performance [2][10]. Group 1: Stock Option Grant Details - The stock option grant registration was completed on January 12, 2026, with a total of 3.072 million options granted [2][10]. - The stock options were granted at an exercise price of 15.47 yuan per option [5]. - The effective period for the stock options is up to 72 months from the grant date, with waiting periods of 24, 36, and 48 months for different portions of the options [6][19]. Group 2: Approval Process - The approval process for the incentive plan included meetings of the board of directors and the supervisory board, with resolutions passed on March 19, 2025, and subsequent disclosures made on October 28, 2025 [3][4][16]. - The plan received approval from the Guangzhou State-owned Assets Supervision and Administration Commission [4][16]. Group 3: Financial Impact - The company utilized the Black-Scholes model to calculate the fair value of the stock options, which will impact the company's financial results through management expenses [11][21]. - The estimated impact on net profit due to the amortization of the incentive costs is expected to be minor, with anticipated positive effects on company performance outweighing the costs [11][23].