Securities code: Espressif Systems (Shanghai) Co.Ltd(688018) securities abbreviation: Espressif Systems (Shanghai) Co.Ltd(688018) Announcement No.: 2022017 Lexin information technology (Shanghai) Co., Ltd
Announcement of resolutions of the third meeting of the second board of directors
The board of directors and all members 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:
The third meeting of the second board of directors of Lexin information technology (Shanghai) Co., Ltd. (hereinafter referred to as ” Espressif Systems (Shanghai) Co.Ltd(688018) ” or “the company”) (hereinafter referred to as “the meeting”) was held by means of communication in conference room 304 of the company on March 31, 2022. The notice of this meeting was sent to all directors by telephone and email on March 31, 2022. The meeting was presided over by Teo swee ANN, chairman of the company. The convening and convening procedures of this meeting comply with the provisions of relevant laws, administrative regulations, departmental rules, normative documents and the articles of association, and the resolutions of this meeting are legal and effective.
2、 Deliberations at the board meeting:
The meeting was presided over by Teo sweeann, chairman of the company. After voting by all directors, the following resolutions were formed:
(I) deliberated and passed the proposal on granting restricted shares to incentive objects for the first time.
In accordance with the relevant provisions of the measures for the administration of equity incentive of listed companies, the 2022 restricted stock incentive plan (Draft) and its abstract and the authorization of the company’s 2021 annual general meeting of shareholders, the board of Directors considers that the grant conditions specified in the company’s 2022 restricted stock incentive plan have been met, and agrees to determine March 31, 2022 as the first grant date, and the grant price is 120 yuan / share, 1338168 restricted shares were granted to 212 incentive objects.
The independent directors and the board of supervisors of the company expressed their consent to the proposal.
Voting: 7 in favor, 0 against and 0 abstention.
The contents of this proposal are detailed in the website of Shanghai Stock Exchange (www.sse. Com. CN.) Announcement on granting restricted shares to incentive objects for the first time (2022019).
(II) the proposal on the second vesting period meeting the vesting conditions of the second category of incentive objects of the company’s 2019 restricted stock incentive plan was deliberated and adopted.
According to the vesting conditions stipulated in the 2019 restricted stock incentive plan (Draft), the board of Directors believes that the vesting conditions stipulated in the second vesting period of class II incentive objects of the company’s 2019 restricted stock incentive plan have been achieved, and the number of vesting shares this time is 41200 shares. It agrees that the company will handle the vesting related matters for the two eligible incentive objects in accordance with the relevant provisions of the incentive plan.
The independent directors and the board of supervisors of the company expressed their consent to the proposal.
Voting results: 7 in favor, 0 against and 0 abstention.
The contents of this proposal are detailed in the website of Shanghai Stock Exchange (www.sse. Com. CN.) Announcement on the second vesting of class II incentive objects of the company’s 2019 restricted stock incentive plan meeting the vesting conditions (2022020).
3、 Online announcement attachment
(I) independent opinions of independent directors of Lexin information technology (Shanghai) Co., Ltd. on the third meeting of the second board of directors.
It is hereby announced.
Board of directors of Lexin information technology (Shanghai) Co., Ltd. April 1, 2022
