Securities code: 002562 securities abbreviation: Brother Enterprises Holding Co.Ltd(002562)
Brother Enterprises Holding Co.Ltd(002562)
Verification opinions of the board of supervisors on the implementation of phase I ESOP
Brother Enterprises Holding Co.Ltd(002562) (hereinafter referred to as “the company”) held the 8th meeting of the 5th board of supervisors on December 21, 2021 to discuss the company’s phase I employee stock ownership plan (Draft) (hereinafter referred to as “Employee Stock Ownership Plan”). According to the guidance on the pilot implementation of employee stock ownership plan by listed companies (hereinafter referred to as “the guidance”) Guidelines on information disclosure of listed companies of Shenzhen Stock Exchange No. 4 – Employee Stock Ownership Plan (hereinafter referred to as “guidelines on disclosure No. 4”) ）According to the provisions of relevant laws, regulations and normative documents, the board of supervisors carefully reviewed the relevant meeting materials, and after full discussion and analysis by all supervisors, the audit opinions on the matters related to the company’s phase I ESOP are as follows:
1. The company’s procedures for formulating employee stock ownership plans are legal and effective. The contents of the company’s phase I employee stock ownership plan comply with the provisions of laws, regulations and normative documents such as the guiding opinions and disclosure guidelines No. 4.
2. The company’s decision-making procedures for reviewing the proposals related to the employee stock ownership plan are legal and effective, and there is no situation that damages the interests of the company and all shareholders, forces employees to participate in the employee stock ownership plan by means of apportionment and forced distribution, and provides loans to the holders of the employee stock ownership plan Loan guarantee or any other financial assistance plan or arrangement. 3. The proposed holders of the company’s employee stock ownership plan meet the holder conditions specified in the guiding opinions, disclosure guidelines No. 4 and other laws, regulations and normative documents, meet the holder range specified in the employee stock ownership plan, and their subject qualification as the holder of the company’s employee stock ownership plan is legal and effective.
4. The implementation of ESOP by the company is conducive to establishing and improving the benefit sharing mechanism between workers and owners, further improving the level of corporate governance, improving the cohesion of employees and the competitiveness of the company, fully mobilizing the enthusiasm and creativity of employees, attracting and retaining excellent management talents, and realizing the sustainable development of the company.
In this board of supervisors, since the chairman of the board of supervisors, Mr. Wang Chenglei, the supervisor, Mr. Wang Weile and the supervisor, Mr. Qian Yufeng, are all proposed participants in this ESOP, they must avoid voting in accordance with relevant regulations. After the above three related supervisors avoided voting, the board of supervisors was unable to form a resolution on the relevant proposals of the employee stock ownership plan. Therefore, the board of supervisors decided to directly submit the proposals related to the employee stock ownership plan to the company’s first extraordinary general meeting in 2022 for deliberation.
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Securities code: 002562 securities abbreviation: Brother Enterprises Holding Co.Ltd(002562)
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Wang Chenglei, Wang Weile, Qian Yufeng
December 21, 2001
