Securities code: Jack Sewing Machine Co.Ltd(603337) securities abbreviation: Jack Sewing Machine Co.Ltd(603337) Announcement No.: 2022021
Jack Technology Co., Ltd
Announcement of the resolution of the 25th meeting of the 5th board of directors
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
1、 Meetings of the board of directors
Jack Technology Co., Ltd. (hereinafter referred to as “the company”) issued the notice of convening the 25th meeting of the 5th board of directors on February 25, 2022, and the meeting was held in the company’s conference room on March 4, 2022 in the form of on-site and communication. The meeting is presided over by the chairman of the company. There are 9 directors who should be present and 9 actually present. The meeting was held in accordance with the relevant provisions of the company law of the people’s Republic of China and the articles of association, and the resolutions of the meeting were legal and effective.
2、 Deliberations of the board meeting
1. The proposal on adjusting the number and number of incentive objects granted for the first time under the 2022 stock option and restricted stock incentive plan was reviewed and approved
Whereas, among the incentive objects originally granted for the first time in the company’s 2022 stock option and restricted stock incentive plan (Draft), 11 incentive objects voluntarily gave up all their rights and interests, including 134000 stock options and 134000 restricted shares; Six incentive objects voluntarily gave up part of their rights and interests, including 30000 stock options and 30000 restricted shares. To sum up, a total of 17 incentive objects were granted for the first time, giving up 164000 stock options and 164000 restricted shares.
According to the authorization of the company’s first extraordinary general meeting in 2022, the board of directors agreed to adjust the number and number of incentive objects granted for the first time in this incentive plan. After this adjustment, the number of incentive objects granted for the first time was adjusted from 219 to 208, the number of stock options granted for the first time was adjusted from 3.857 million to 3.693 million, and the number of restricted shares granted for the first time was adjusted from 3.857 million to 3.693 million.
In addition to the above adjustments, the number of incentive objects and restricted shares granted for the first time in this incentive plan are consistent with those deliberated and approved by the company’s first extraordinary general meeting in 2022.
Ruan Linbing and Qiu Yangyou are the incentive objects of this incentive plan. The above personnel avoid voting, and other non affiliated directors participate in the voting of this proposal.
For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) Announcement of Jack Technology Co., Ltd. on adjusting the number and number of incentive objects granted for the first time under the stock option and restricted stock incentive plan in 2022.
Voting: 7 in favor, 0 against, 0 abstention and 2 abstention.
2. The proposal on granting stock options and restricted stocks to the incentive objects of the 2022 stock option and restricted stock incentive plan for the first time was reviewed and approved
The first grant date of the incentive plan of the company is March 4, 2022, granting 3.693 million stock options to 208 incentive objects and 3.693 million restricted shares to 208 incentive objects.
Ruan Linbing and Qiu Yangyou are the incentive objects of this incentive plan. The above personnel avoid voting, and other non affiliated directors participate in the voting of this proposal.
For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) Announcement of Jack Technology Co., Ltd. on granting stock options and restricted stocks to the incentive objects of the stock option and restricted stock incentive plan in 2022 for the first time. Voting: 7 in favor, 0 against, 0 abstention and 2 abstention.
3、 Online announcement attachment
1. Resolutions of the 25th meeting of the 5th board of directors;
2. Opinions of independent directors.
It is hereby announced.
Board of directors of Jack Technology Co., Ltd
February 2023
