BOE A: Verification opinions of the Nomination and Remuneration Assessment Committee of the Board of Directors on matters related to the 2020 stock options and restricted stock incentive plan
BOE Technology Group Co., Ltd.
Verification opinions of the Nomination and Remuneration Assessment Committee of the Board of Directors on matters related to the 2020 stock options and restricted stock incentive plan
BOE Technology Group Co., Ltd. (hereinafter referred to as the "Company") shall comply with the Company Law of the People's Republic of China (hereinafter referred to as the "Company Law"), the Securities Law of the People's Republic of China (hereinafter referred to as the "Securities Law"), the Measures for the Administration of Equity Incentives of Listed Companies (hereinafter referred to as the "Administration Measures"), and the Shenzhen Stock Exchange's In accordance with the relevant provisions of the Municipal Company Self-Regulation Guide No. 1 - Business Management and other laws, regulations and normative documents as well as the Articles of Association of BOE Technology Group Co., Ltd., the Nomination and Remuneration Assessment Committee of the company’s board of directors verified the cancellation of some stock options of the company’s 2020 stock options and restricted stock incentive plan, and issued verification opinions as follows:
After verification, in the company's 2020 stock option and restricted stock incentive plan, the third exercise period for the first-time granted stock options has ended. The company plans to cancel 160,992,209 stock options that have been granted but have not yet been exercised to 1,644 first-time stock option incentive targets; 2 reserved stock option incentive targets have not met the standards due to their individual performance assessment results, and the company plans to cancel a total of stock options that do not meet the exercise conditions. 97,878 shares; 14 reserved stock option incentive recipients resigned due to personal reasons and no longer meet the incentive conditions. The company plans to cancel all the stock options that have been granted but not yet exercised, a total of 2,714,448 shares; 10 reserved stock option incentive recipients have given up exercising in the third exercise period of the stock options, and the company plans to cancel 971,520 stock options that have been granted but have not yet been exercised. shares; the second exercise period of reserved stock options has ended, and the company plans to cancel 6,467,340 stock options that have been granted but not yet exercised to 66 reserved stock option incentive recipients; the company currently plans to cancel 171,243,395 stock options for 1,724 incentive recipients. The company's cancellation of options this time complies with laws, regulations, normative documents and the provisions of the "BOE Technology Group Co., Ltd. 2020 Stock Option and Restricted Stock Incentive Plan (Draft)". The reasons and amounts for the cancellation of options are legal and valid. We agree to submit the “Proposal on Cancellation of Partial Stock Options of the 2020 Stock Options and Restricted Stock Incentive Plan” to the Board of Directors for consideration.
Nomination and Remuneration Assessment Committee of the Board of Directors of BOE Technology Group Co., Ltd.
August 28, 2026