Announcement on the First Grant of Stock Options to Incentive Objects under the 2026 Stock Option Incentive Plan
Securities Code: 002875 Securities Abbreviation: Annil Announcement No.: 2026-042
Shenzhen Annil Co., Ltd.
Announcement on the First Grant of Stock Options to Incentive Objects under the 2026 Stock Option Incentive Plan
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
Key Information Prompts:
- Stock Option First Grant Date: June 18, 2026
- Stock Option First Grant Quantity: 9.5144 million units
- Stock Option First Grantee Count: 10 people
- Stock Option Exercise Price: RMB 22.35 per unit
Shenzhen Annil Co., Ltd. (hereinafter referred to as the "Company") held the fourth meeting of the fifth Board of Directors on June 18, 2026, and reviewed and approved the "Proposal on the First Grant of Stock Options to Incentive Objects under the 2026 Stock Option Incentive Plan." The Board of Directors believes that the grant conditions stipulated in the "Company's 2026 Stock Option Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan") have been met, and agreed to grant 9.5144 million stock options to 10 eligible incentive objects on June 18, 2026. The relevant matters are hereby explained as follows:
I. Brief Introduction to the 2026 Stock Option Incentive Plan
(I) Incentive Method
The incentive method adopted by this Incentive Plan is stock options.
(II) Source of Shares
The source of shares for this Incentive Plan is the ordinary A-share shares of the Company issued to the incentive objects on a targeted basis.
(III) Grant Quantity
The total number of stock options to be granted to incentive objects under this Incentive Plan is 11.8870 million units, accounting for approximately 5.58% of the Company's total share capital of 213.016872 million shares at the time of the announcement of the draft Incentive Plan. Among them, 9.5144 million units are for the first grant, accounting for approximately 80.04% of the total equity to be granted, and approximately 4.47% of the Company's total share capital at the time of the announcement of the draft Incentive Plan; 2.3726 million units are reserved, accounting for approximately 19.96% of the total equity to be granted, and approximately 1.11% of the Company's total share capital at the time of the announcement of the draft Incentive Plan.
(IV) Number of Incentive Objects
The number of incentive objects for the first grant under this Incentive Plan is 10. Among the incentive objects, there is 1 director and senior management member, 5 core management personnel, and 4 core business backbones.
(V) Exercise Price
The exercise price of the stock options for the first grant and the reserved grant under this Incentive Plan is RMB 22.35 per unit.
(VI) Validity Period, Waiting Period, Exercise Arrangement, and Exercise Conditions of the Incentive Plan
1. Validity Period
The validity period of this Incentive Plan shall be from the date of grant of the stock options until all stock options granted to the incentive objects are exercised or cancelled, whichever comes first, and shall not exceed 48 months.
2. Waiting Period
The waiting period of this Incentive Plan refers to the period from the completion of the grant date of the stock options to the date when the stock options become exercisable. The waiting period for the first grant of stock options under this Incentive Plan shall be 12 months, 24 months, and 36 months from the date of grant of the corresponding portion. If the reserved options are granted before September 30, 2026, the waiting period for the reserved options shall be 12 months, 24 months, and 36 months from the date of grant of the reserved options, respectively. If the reserved options are granted after September 30, 2026, the waiting period for the reserved options shall be 12 months and 24 months from the date of grant of the reserved options, respectively.