Securities Code: 002475 Bond Code: 128136 Securities Abbreviation: Luxshare-ICT Bond Abbreviation: Luxshare Convertible Bond Announcement Number: 2026-045
Luxshare-ICT Co., Ltd. Announcement on the Fulfillment of Exercise Conditions for the Third Exercise Period of the 2022 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 are free from any false records, misleading statements, or material omissions.
Special Reminder:
- The 2022 Stock Option Incentive Plan meets the exercise conditions for the third exercise period. A total of 29,257,520 stock options can be exercised by 2,941 eligible employees at an exercise price of RMB 29.56 per share.
- This exercise adopts an independent exercise model.
- If all exercisable stock options are exercised, the company's shares will still meet the listing conditions.
- The exercise matters require completion of procedures with Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. An announcement will be made separately upon completion. Investors are kindly requested to pay attention.
Luxshare-ICT Co., Ltd. (hereinafter referred to as "Luxshare-ICT" or the "Company") held the 24th meeting of the 6th Board of Directors on April 28, 2026, and deliberated and approved the "Proposal on the Fulfillment of Exercise Conditions for the Third Exercise Period of the 2022 Stock Option Incentive Plan." The relevant matters are hereby announced as follows:
I. Approval Procedures Completed for the Company's 2022 Stock Option Incentive Plan
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On November 11, 2022, the Company held the 13th meeting of the 5th Board of Directors and the 13th meeting of the 5th Supervisory Board, which deliberated and approved the "Proposal on the <Luxshare-ICT Co., Ltd. 2022 Stock Option Incentive Plan (Draft)> and its Summary" and related matters. Independent directors issued a unanimous opinion, believing that the incentive plan is beneficial to the Company's sustainable development and does not harm the interests of the Company and all shareholders. Independent Director Zhang Ying solicited voting rights from all shareholders for the proposal related to the incentive plan to be submitted to the general meeting of shareholders. Beijing Han Kun (Shenzhen) Law Firm issued the "Legal Opinion of Beijing Han Kun (Shenzhen) Law Firm on the Luxshare-ICT Co., Ltd. 2022 Stock Option Incentive Plan."
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The Company publicly disclosed the names and positions of the eligible grantees internally from November 16 to November 25, 2022. During the disclosure period, the Supervisory Board did not receive any objections from employees regarding the proposed grantees. On November 26, 2022, the Company disclosed the "Opinion and Disclosure of the Supervisory Board on the List of Grantees for the 2022 Stock Option Incentive Plan of Luxshare-ICT Co., Ltd."
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On December 1, 2022, the Company convened the 3rd Extraordinary General Meeting of Shareholders in 2022, which deliberated and approved the "Proposal on the <Luxshare-ICT Co., Ltd. 2022 Stock Option Incentive Plan (Draft)> and its Summary" and related matters. On December 2, 2022, the Company disclosed the "Self-Inspection Report on Insider Trading and Trading of Company Shares by Grantees of the 2022 Stock Option Incentive Plan."
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On December 5, 2022, the Company held the 14th meeting of the 5th Board of Directors and the 14th meeting of the 5th Supervisory Board, which deliberated and approved the "Proposal on Granting Stock Options to Grantees of the Luxshare-ICT Co., Ltd. 2022 Stock Option Incentive Plan." The grant date was set as December 5, 2022, and 172.021 million stock options were granted to 3,759 eligible grantees. Independent directors issued a unanimous opinion, and the Supervisory Board verified the list of grantees. Beijing Han Kun (Shenzhen) Law Firm issued the "Legal Opinion of Beijing Han Kun (Shenzhen) Law Firm on the Grant of Stock Options under the Luxshare-ICT Co., Ltd. 2022 Stock Option Incentive Plan."