Securities Code: 301058
Securities Abbreviation: COFCO K.G.
Announcement No.: 2026-044
COFCO K.G. Co., Ltd.
Announcement on the Completion of the First Grant Registration of the 2025 Restricted Stock Incentive Plan
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.
Key Information Prompts:
● Listing Date of Restricted Shares: July 1, 2026
● Number of Restricted Shares Registered: 8.52876 million shares
● Grant Price of Restricted Shares: ¥6.47 per share (adjusted)
● Number of Recipients for Restricted Share Grant Registration: 217 people
● Source of Shares: The Company's directed issuance of ordinary A shares to the incentive recipients.
In accordance with the "Administrative Measures for Equity Incentives of Listed Companies," and the relevant rules of the Shenzhen Stock Exchange ChiNext Market and China Securities Depository and Clearing Corporation Limited Shenzhen Branch, COFCO K.G. Co., Ltd. (hereinafter referred to as the "Company") has completed the first grant registration of restricted shares under the "2025 Restricted Stock Incentive Plan" (hereinafter referred to as the "Incentive Plan"). The relevant matters are hereby announced as follows:
I. Procedures for Decision-Making and Information Disclosure That Have Been Completed
(1) On December 30, 2025, the Company held the eighth meeting of the third Board of Directors, which deliberated and approved the "Proposal on the '2025 Restricted Stock Incentive Plan (Draft)' and its Summary," the "Proposal on Formulating the 'Administrative Measures for the 2025 Restricted Stock Incentive Plan'," the "Proposal on Formulating the 'Implementation and Assessment Measures for the 2025 Restricted Stock Incentive Plan'," and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the 2025 Restricted Stock Incentive Plan," among other proposals. The Board's Remuneration and Assessment Committee verified the relevant matters of this Incentive Plan and issued relevant verification opinions.
(2) On April 22, 2026, the Company disclosed the "Announcement on the Approval of the 2025 Restricted Stock Incentive Plan." The Company received approval from the higher authority, in principle agreeing to the implementation of the 2025 Restricted Stock Incentive Plan.
(3) From April 28, 2026, to May 7, 2026, the Company publicly disclosed the names and positions of the individuals proposed to be granted restricted shares for the first time under the Incentive Plan internally. By the end of the public disclosure period, the Company had not received any objections from employees regarding the list of proposed incentive recipients. On May 8, 2026, the Company disclosed on the Juchao Information Network (http://www.cninfo.com.cn) the "Explanation and Verification Opinion of the Board's Remuneration and Assessment Committee on the Public Disclosure of the List of Incentive Recipients for the Company's 2025 Restricted Stock Incentive Plan."
(4) On May 8, 2026, the Company disclosed the "Self-Inspection Report on Insider Trading and Trading of Company Shares by Incentive Recipients for the 2025 Restricted Stock Incentive Plan."
(5) On May 14, 2026, the Company held its 2025 Annual Shareholders' Meeting, which deliberated and approved the "Proposal on the '2025 Restricted Stock Incentive Plan (Draft)' and its Summary," the "Proposal on Formulating the 'Administrative Measures for the 2025 Restricted Stock Incentive Plan'," the "Proposal on Formulating the 'Implementation and Assessment Measures for the 2025 Restricted Stock Incentive Plan'," and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the 2025 Restricted Stock Incentive Plan," among other proposals.
(6) On May 29, 2026, the Company held the twelfth meeting of the third Board of Directors, which deliberated and approved the "Proposal on Adjusting Matters Related to the Company's 2025 Restricted Stock Incentive Plan" and the "Proposal on the First Grant of Restricted Shares to Incentive Recipients." The Board's Remuneration and Assessment Committee verified the aforementioned matters and issued its verification opinion.