Yueyang Forest & Paper Co.Ltd(600963) board of supervisors
Verification opinions on granting reserved restricted shares to incentive objects
Yueyang Forest & Paper Co.Ltd(600963) (hereinafter referred to as the “company”) the board of supervisors in accordance with the company law of the people’s Republic of China (hereinafter referred to as the “company law”), the securities law of the people’s Republic of China (hereinafter referred to as the “Securities Law”), the measures for the administration of equity incentive of listed companies (hereinafter referred to as the “administrative measures”) and other relevant laws and regulations In accordance with the provisions of the normative documents and the Yueyang Forest & Paper Co.Ltd(600963) articles of Association (hereinafter referred to as the “articles of association”), the verification opinions on the granting of reserved restricted shares to incentive objects are as follows:
1. The incentive objects to be granted restricted shares this time are consistent with the incentive object conditions specified in the 2020 restricted stock incentive plan (Draft) (hereinafter referred to as “incentive plan (Draft)”) approved by the company’s 2020 annual general meeting of shareholders.
2. The incentive objects to be granted restricted shares this time have the qualifications specified in the company law, securities law, articles of association and other laws, regulations and normative documents, meet the incentive object conditions specified in the administrative measures and other documents, and there is no situation that they cannot become incentive objects specified in the administrative measures. The subject qualification of the incentive object granted restricted shares this time is legal and effective, and meets the conditions for granting restricted shares. 3. Neither the company nor the incentive objects granted restricted shares this time are allowed to grant restricted shares, and the conditions for the incentive objects to be granted restricted shares set in this incentive plan have been met.
4. The grant date complies with the provisions on the grant date in the administrative measures and the incentive plan (Draft).
In conclusion, the board of supervisors agreed to grant 3.564946 million restricted shares to 29 eligible incentive objects at the grant price of 4.27 yuan / share.
Yueyang Forest & Paper Co.Ltd(600963) board of supervisors
February 11, 2002
