Securities code: Espressif Systems (Shanghai) Co.Ltd(688018) securities abbreviation: Espressif Systems (Shanghai) Co.Ltd(688018) Announcement No.: 2021018 Lexin information technology (Shanghai) Co., Ltd
Announcement of resolutions of the third meeting of the second board of supervisors
The board of supervisors and all supervisors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal liabilities for the authenticity, accuracy and integrity of its contents according to law.
1、 Meetings of the board of supervisors:
The third meeting of the second board of supervisors (hereinafter referred to as “the meeting”) of Lexin information technology (Shanghai) Co., Ltd. (hereinafter referred to as ” Espressif Systems (Shanghai) Co.Ltd(688018) ” or “the company”) 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 supervisors by telephone and email on March 31, 2022. There were 3 supervisors who should attend the meeting and 3 supervisors who actually attended the meeting. The meeting was presided over by Ms. LV Zhihua, chairman of the board of supervisors. The convening and convening procedures of the meeting shall comply with the provisions of relevant laws, administrative regulations, departmental rules, normative documents and the articles of association, and the resolutions of the meeting shall be legal and effective.
2、 Deliberation at the meeting of the board of supervisors:
The meeting was presided over by Ms. LV Zhihua, chairman of the board of supervisors, and the following proposals were considered and adopted by open ballot:
(I) deliberated and passed the proposal on granting restricted shares to incentive objects for the first time
1. The board of supervisors of the company checked whether the granting conditions of the company’s restricted stock incentive plan in 2022 (hereinafter referred to as “this incentive plan”) have been met, and held that:
The company is not prohibited to implement the equity incentive plan as stipulated in the administrative measures for equity incentive of listed companies and other laws, regulations and normative documents, and the company has the subject qualification to implement the equity incentive plan; The incentive objects granted for the first time in this incentive plan have the qualifications specified in the company law of the people’s Republic of China and other laws, regulations and normative documents, meet the incentive object conditions specified in the measures for the administration of equity incentive of listed companies and the Listing Rules of science and Innovation Board of Shanghai Stock Exchange, and meet the scope of incentive objects specified in the company’s restricted stock incentive plan (Draft) for 2022 and its abstract, As the subject qualification of the incentive object first granted by the company’s restricted stock incentive plan in 2022, it is legal and effective.
2. The board of supervisors of the company checked the first grant date of the incentive plan and held that:
The company determines that the first grant date of this incentive plan complies with the relevant provisions on the grant date in the administrative measures for equity incentive of listed companies and the 2022 restricted stock incentive plan (Draft) and its abstract. Therefore, the board of supervisors agreed that the first grant date of the company’s incentive plan was March 31, 2022, and agreed to grant 1338168 restricted shares to 212 incentive objects at the grant price of 120 yuan / share. Voting results: 3 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 specified in the 2019 restricted stock incentive plan, the board of supervisors believes that the vesting conditions of the second vesting period of the second type of incentive objects of the company’s 2019 restricted stock incentive plan have been achieved, and the vesting amount is 41200 shares this time. 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.
Voting results: 3 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).
It is hereby announced.
Board of supervisors of Lexin information technology (Shanghai) Co., Ltd. April 1, 2022
