Announcement of Guangdong Shaoneng Group Co., Ltd. on the Achievement of Conditions for the First Release of Restricted Stock under the 2025 Incentive Plan
The company and all members of the board of directors guarantee that the content of this announcement is true, accurate, and complete, and bear responsibility for any false records, misleading statements, or significant omissions in the announcement.
Important Content Reminder:
- The conditions for the first release of restricted stock under the 2025 incentive plan have been achieved, with a total of 236 eligible individuals.
- The number of restricted stocks to be released is 5.825717 million shares, accounting for 0.55% of the company's current total equity.
- After completing the procedures for the release application, the company will issue another announcement before the stocks are listed for circulation.
Guangdong Shaoneng Group Co., Ltd. (hereinafter referred to as "the Company") held the sixth meeting of the Compensation and Assessment Committee of the 11th Board of Directors and the 41st interim meeting of the 11th Board of Directors on June 1 and June 2, 2026, respectively, to review and approve the proposal regarding the achievement of conditions for the first release of restricted stock under the 2025 incentive plan. According to the "Management Measures for Equity Incentives of Listed Companies" (hereinafter referred to as "the Management Measures") and the relevant provisions of the "2025 Incentive Plan of Guangdong Shaoneng Group Co., Ltd." (hereinafter referred to as "the Incentive Plan"), the conditions for the first release of restricted stock under the 2025 incentive plan have been achieved. The specific situation is announced as follows: