Anhui Huaye Flavor Co., Ltd. (hereinafter referred to as "the Company" or "Huaye Flavor") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or major omissions.
Important Content Reminder:
- Vesting Date: June 8, 2026
- Number of Shares Vesting: 320,000
- Number of Individuals Vesting: 39
- Listing and Trading Arrangements for the Vested Shares: There is no lock-up period for the vested restricted shares.
On April 22, 2026, the 13th meeting of the 5th Board of Directors reviewed and approved the proposal regarding the achievement of the vesting conditions for the third vesting period of the 2022 Restricted Stock Incentive Plan. The Company has recently completed the registration of shares for the third vesting period of the 2022 Restricted Stock Incentive Plan. The relevant matters are explained as follows:
Overview of the Implementation of the Equity Incentive Plan
(1) Brief Description of the 2022 Restricted Stock Incentive Plan
On December 20, 2022, the Company held the second extraordinary general meeting of shareholders in 2022, which reviewed and approved the proposal regarding the "Draft of the 2022 Restricted Stock Incentive Plan of Anhui Huaye Flavor Co., Ltd." and its summary. The main contents of the 2022 Restricted Stock Incentive Plan are as follows:
- Type of Target Stock: Ordinary shares (A shares) of the Company.
- Source of Target Stock: The Company issues ordinary shares (A shares) to the incentive objects.
- Grant Price: 11.70 yuan/share (before adjustment).
- Incentive Objects: The incentive objects of this plan include directors, senior management, and other personnel deemed necessary for incentive by the Board of Directors. The specific allocation is as follows:
| No. | Name | Nationality | Position | Granted Rights Quantity (10,000 shares) | Proportion of Total Granted Rights | Proportion of Total Capital on Announcement Date |
|---|---|---|---|---|---|---|
| 1 | Xu Xiayun | China | Director, CFO | 6.00 | 3.90% | 0.08% |
| 2 | Wu Xu | China | Director, Deputy GM | 6.00 | 3.90% | 0.08% |
| 3 | Wang Minfu | China | Deputy GM | 6.00 | 3.90% | 0.08% |
| 4 | Wang Tianyi | China | Deputy GM | 6.00 | 3.90% | 0.08% |
| 5 | Shi Lei | China | Deputy GM | 6.00 | 3.90% | 0.08% |
| 6 | Fu Lin | China | Deputy GM, Board Secretary | 6.00 | 3.90% | 0.08% |
| 7 | Wang Yi | China | Deputy GM | 15.00 | 9.74% | 0.20% |
| Subtotal | 51.00 | 33.12% | 0.68% | |||
| 8 | Other Incentive Objects (38 persons) | 73.00 | 47.40% | 0.98% | ||
| Total Granted Rights (45 persons) | 124.00 | 80.52% | 1.66% | |||
| Reserved Portion | 30.00 | 19.48% | 0.40% | |||
| Total | 154.00 | 100.00% | 2.07% |