Stock Code: 002245 Stock Abbreviation: Will Semiconductor Number: 2026-034 Jiangsu Will Semiconductor Co., Ltd. Announcement on the Adoption of the Independent Exercise Mode for the Second Exercise Period of the 2024 Stock Option Incentive Plan
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Special Reminder:
- The stock option plan for 2024 is named "Will JLC1", with option code: 037439.
- A total of 128 eligible participants in the 2024 stock option incentive plan meet the conditions for exercising options in the second exercise period. The number of exercisable stock options is 2,532,280 (corresponding to 2,532,280 shares), accounting for 0.15% of the company's total share capital, with an exercise price of 5.26 RMB per share.
- The current exercise adopts the independent exercise mode.
- If all exercisable stock options are exercised, the company's shares will still meet the listing conditions.
- The 2024 stock option incentive plan has three exercise periods. The exercise period for the second exercise period is from June 23, 2026, to June 5, 2027. As of the date of this announcement, the procedures have been completed by China Securities Depository and Clearing Corporation Limited Shenzhen Branch.
Jiangsu Will Semiconductor Co., Ltd. (hereinafter referred to as the "Company") held the 14th meeting of the 7th Board of Directors on June 6, 2026, and deliberated and approved the "Proposal on the Fulfillment of Exercise Conditions for the Second Exercise Period of the 2024 Stock Option Incentive Plan". The relevant matters are hereby announced as follows:
I. Relevant Approval Procedures for the 2024 Stock Option Incentive Plan