Announcement on Granting Restricted Stock to Incentive Recipients under the 2026 Restricted Stock Incentive Plan
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.
Key Content Reminder:
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Restricted Stock Grant Date: June 18, 2026
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Number of Restricted Shares Granted: 2.3257 million shares
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Grant Price of Restricted Shares: RMB 13.42/share
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Number of Incentive Recipients: 76 people
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Equity Incentive Method: Class II Restricted Shares
Shandong Sanyuan Bio-Tech Co., Ltd. (hereinafter referred to as the "Company") held the 14th meeting of the Fifth Board of Directors on June 18, 2026, and deliberated and passed the "Proposal on Granting Restricted Shares to Incentive Recipients under the 2026 Restricted Stock Incentive Plan." In accordance with the "Administrative Measures for Equity Incentives of Listed Companies" (hereinafter referred to as the "Administrative Measures"), the "2026 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Equity Incentive Plan (Draft)") of the Company, and the authorization from the second extraordinary general meeting of shareholders in 2026, the Board of Directors believes that the grant conditions stipulated in the "2026 Restricted Stock Incentive Plan" (hereinafter referred to as the "Incentive Plan") have been met. It was agreed that June 18, 2026, would be the grant date, and it was agreed to grant 2.3257 million Class II restricted shares to 76 eligible incentive recipients at a grant price of RMB 13.42 per share. The relevant matters are hereby explained as follows:
I. Brief Overview of the Incentive Plan
(I) Equity Incentive Method: Class II Restricted Shares
(II) Source of Underlying Shares: Ordinary A shares repurchased by the Company from the secondary market and/or ordinary A shares issued to incentive recipients by the Company.
(III) Grant Price: RMB 13.42/share
(IV) Scope of Incentive Recipients and Allocation
The incentive recipients of this Incentive Plan are some directors, senior management personnel, core management personnel, and core technical (business) personnel (including re-employed retirees) of the Company (including its holding subsidiaries). Independent directors, foreign employees, shareholders holding 5% or more of the shares (individually or in aggregate) or their actual controllers and their spouses, parents, and children are excluded.
The allocation of restricted shares granted under this Incentive Plan among the incentive recipients is as follows: