Statement
This company and its board of directors ensure that the incentive plan and its summary do not contain any false records, misleading statements, or major omissions. If any misleading information or major discrepancies are found, the company will bear full responsibility.
Special Reminder
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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’s stock options will be issued to employees of the company and its subsidiaries.
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The total number of stock options granted under this incentive plan is 4.8 million, accounting for 2.83% of the total shares of the company, which is 16,940,059.7 shares. Among them, this plan grants 442.38 thousand options, accounting for 2.61% of the total shares. The total number of stock options granted will not exceed 16,940,059.7 shares.
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The plan aims to motivate employees and align their interests with the company's growth. The company will ensure that the stock options granted will be in accordance with relevant laws and regulations.
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The company will not allow any individual to hold more than 15% of the total stock options granted under this plan, including employees of the company and its subsidiaries.
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The company will ensure that the stock options granted will not exceed the limits set by the relevant laws and regulations.
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The company will not provide any financial assistance to employees related to the stock options granted under this plan.
Table of Contents
- Statement
- Special Reminder
- Definition of the Plan's Purpose and Principles
- Management Structure of the Incentive Plan
- Sources of Stock Options
- Validity of Stock Options
- Grant Date
- Conditions for Granting Stock Options
- Implementation of the Incentive Plan
- Rights and Obligations of the Company and Employees
- Handling of Events Related to the Incentive Plan
- Other Matters
- Appendix
Chapter 1 Definition
The following terms are defined as follows in this document:
| Term | Definition |
|---|---|
| Boshuo Technology | Shenzhen Boshuo Technology Co., Ltd. |
| Incentive Plan | The "Shenzhen Boshuo Technology Co., Ltd. 2026 Stock Option Incentive Plan (Draft)" |
| Stock Options | Rights granted to employees to purchase a certain number of shares of the company at a predetermined price. |
| Validity Period | The period during which the stock options can be exercised. |
| Grant Date | The date on which the stock options are granted. |
| Conditions for Granting | The conditions under which stock options are granted. |
| Implementation | The process of executing the incentive plan. |
| Rights and Obligations | The rights and obligations of the company and employees regarding the stock options. |
| Handling of Events | The procedures for handling events related to the incentive plan. |
| Other Matters | Any other relevant matters. |
Chapter 2 Purpose and Principles of the Incentive Plan
To further establish and improve the company's incentive mechanism, attract and retain outstanding talent, and fully mobilize the enthusiasm of the core team, the company aims to enhance the effectiveness of the incentive plan. The plan will align the interests of employees with the company's long-term development, ensuring that it adheres to relevant laws and regulations.
Chapter 5 Sources and Distribution of Stock Options
1. Sources of Stock Options
The sources of stock options granted under this incentive plan are determined based on the company's ordinary shares listed on the stock exchange.