Statement
The company and its board of directors ensure that this incentive plan and its summary do not contain any false records, misleading statements, or major omissions. If there are any significant errors or discrepancies in the information disclosed, the company will bear full responsibility.
Special Instructions
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The "Shenzhen Boshuo Technology Co., Ltd. 2026 Stock Option Incentive Plan (Draft)" is based on the "Company Law of the People's Republic of China" and the "Securities Law of the People's Republic of China." The company will issue stock options to enhance employee motivation and align their interests with those of shareholders.
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The total number of stock options granted under this plan is 4.8 million, representing 2.83% of the total shares of the company, which is 16,940,059.7 shares. Among these, 442.38 thousand options will be granted to the company's management, accounting for 2.61% of the total shares. The total amount of stock options granted will be 16,940,059.7 shares.
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The plan aims to attract and retain talent, ensuring that the company's core team can effectively contribute to its growth. The plan will be submitted to the shareholders' meeting for approval.
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The company will not grant stock options to individuals who do not meet the eligibility criteria as defined in the plan.
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The company will disclose the implementation of this plan in accordance with relevant regulations and ensure compliance with the law.
Definitions
| Definition Item | Definition Content |
|---|---|
| Company Name | Shenzhen Boshuo Technology Co., Ltd. |
| Stock Option Plan | The "2026 Stock Option Incentive Plan (Draft)" of Shenzhen Boshuo Technology Co., Ltd. |
| Stock Option | The stock options granted under this plan. |
| Effective Date | The date on which the stock options become effective. |
| Grant Date | The date on which the stock options are granted. |
| Exercise Period | The period during which the stock options can be exercised. |
| Grant Conditions | The conditions under which the stock options can be granted. |
| Shareholder Meeting | The meeting where the stock option plan will be approved. |
| China Securities Regulatory Commission | The regulatory body overseeing securities in China. |
| Securities Firm | The firm responsible for handling the stock options. |
Purpose and Principles of the Incentive Plan
To further establish a mechanism for effective incentive plans, attract and retain outstanding talent, and fully leverage the core team's capabilities, the company aims to align the interests of employees with those of shareholders. The plan will be developed in accordance with relevant laws and regulations.
Chapter Four: Determination of Incentive Objects and Scope
1. Determination of Incentive Objects
(1) Legal Basis for Determining Incentive Objects
The determination of incentive objects under the incentive plan is based on the "Company Law," "Securities Law," "Management Measures," and the relevant provisions of the company's articles of association.
(2) Job Requirements for Incentive Objects
The incentive objects of the incentive plan are the company's senior management personnel (including the company and its subsidiaries), including the chairman, general manager, and other senior management personnel, as well as other personnel who are required for the implementation of the incentive plan. The names of the incentive objects will be proposed by the remuneration and evaluation committee and confirmed by the board of directors.
2. Scope of Incentive Objects
(1) The incentive objects of this incentive plan shall not exceed 155 persons, including:
- Company chairman and senior management personnel;
- Company middle-level management personnel;
- Company core technical personnel;
- Other personnel deemed necessary by the board of directors.