Review Opinions of the Compensation and Assessment Committee on the 2022 Restricted Stock Incentive Plan

✨ AI Summary

The Compensation and Assessment Committee of Jiangsu Xinhang New Materials Co., Ltd. reviewed the 2022 Restricted Stock Incentive Plan. They confirmed that the cancellation of certain granted but unvested restricted stocks complies with relevant laws and regulations. Additionally, they approved the list of 27 eligible recipients for the third vesting period of the initial grant, affirming their qualifications and the fulfillment of vesting conditions.

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