莲花控股股份有限公司 关于2023年股票期权与限制性股票激励计划首次授予部分第二个行权期行权结果暨股份过户登记的公告

Core Viewpoint - The company has approved the conditions for the second exercise period and the second release period of the stock option and restricted stock incentive plan during the board meeting held on October 30, 2025 [11]. Group 1: Decision-Making Process and Disclosure - The company held its ninth board meeting on August 10, 2023, where it approved the draft of the stock option and restricted stock incentive plan, along with related proposals [2]. - The independent directors expressed that the implementation of the incentive plan would enhance corporate governance and employee responsibility, benefiting the company's sustainable development [2]. - The supervisory board also approved the incentive plan, confirming that it would not harm the interests of the company and its shareholders [3]. Group 2: Incentive Plan Details - On September 25, 2023, the company granted 7.95 million stock options and 7.95 million restricted stocks to 74 incentive objects [5]. - The first exercise date for the stock options is set for January 26, 2026, with a total of 1,552,500 shares available for exercise [5][24]. - The second exercise period for the stock options is from September 25, 2025, to September 25, 2026, while the second release period for the restricted stocks is from October 25, 2025, to October 25, 2026 [14]. Group 3: Performance Conditions - The incentive plan includes performance conditions that must be met for the stock options to be exercised, including no adverse audit opinions and meeting specific financial performance targets [15][16]. - The company achieved a revenue of approximately 2.65 billion yuan in 2024, representing a growth rate of 56.73% compared to 2022, allowing for a 100% exercise/release ratio [19]. Group 4: Stock Structure and Financial Impact - The stock used for the exercise comes from shares repurchased by the company, ensuring that the total number of unrestricted shares remains unchanged [23]. - The company received a total of 5,247,450 yuan from 58 incentive objects for the stock option exercise, with no changes to the registered capital or paid-in capital [25].