Cosco Shipping Holdings Co.Ltd(601919) : Cosco Shipping Holdings Co.Ltd(601919) the verification opinions on the proposals related to the equity incentive plan at the 10th meeting of the sixth board of supervisors
1、 Verification opinions of the board of supervisors on adjusting the vesting date of the stock option incentive plan
In accordance with the measures for the administration of equity incentive of listed companies, the rules for the administration of shares held by directors, supervisors and senior managers of listed companies and their changes (revised in 2022) and other relevant laws, regulations and normative documents, as well as the relevant provisions of the stock option incentive plan of COSCO Shipping Holding Co., Ltd. (Revised), we believe that, Due to the revision of the rules for the administration of the shares of the company held by directors, supervisors and senior managers of listed companies and their changes, the vesting date of the stock option incentive plan is adjusted. The situation is true, the procedure is in compliance with the provisions of relevant laws, regulations and normative documents.
2、 Verification opinions on adjusting the stock option incentive plan, reserving the list of granted incentive objects and the number of options, and canceling some granted but not exercised stock options
According to the provisions of relevant laws, regulations and normative documents such as the measures for the administration of equity incentive of listed companies, as well as the relevant provisions of the company's stock option incentive plan (Revised Version), we believe that due to the reasons of the company's incentive work transfer and death, we have adjusted the list of incentive objects and the number of options granted in the stock option incentive plan, and cancelled some stock options granted but not exercised. The situation is true and the procedure is in compliance, There is no falsehood, intentional concealment or major misunderstanding, and it complies with the provisions of relevant laws, regulations and normative documents.
3、 Verification opinions on the achievement of exercise conditions in the first exercise period reserved for the grant of options in the stock option incentive plan
The board of supervisors reviewed the exercise conditions reserved for granting stock options in the equity incentive plan, and found that the exercise conditions reserved for granting stock options in the first exercise period of the company's stock option incentive plan have been met, and the exercise conditions of the stock option incentive plan comply with the relevant provisions of the measures for the administration of equity incentives of listed companies and the company's stock option incentive plan (Revised Draft).
The board of supervisors of the company checked the 37 incentive objects reserved for the first exercise period of the company's stock option incentive plan, and believed that the individual performance appraisal results of each incentive object were compliant and true, and there were no false, intentional concealment and other relevant circumstances. The substantive conditions for the exercise of the 37 incentive objects in the first exercise period of the incentive plan had been met.
The board of supervisors agreed to exercise the rights of 37 eligible incentive objects this time, and the number of exercisable shares reserved for granting stock options in the first exercise period was 6653447, and the exercise price was 2.69 yuan / share. The above matters meet the conditions specified in relevant laws, regulations and normative documents, and there is no damage to the interests of the company and shareholders.
4、 Verification opinions on adjusting the list of incentive objects and the number of options granted for the first time in the stock option incentive plan and canceling some stock options granted but not exercised
According to the provisions of relevant laws, regulations and normative documents such as the measures for the administration of equity incentive of listed companies, as well as the relevant provisions of the company's stock option incentive plan (Revised Version), we believe that due to the retirement and disciplinary dismissal of the company's incentive objects, we have adjusted the list of incentive objects and the number of options granted in the stock option incentive plan, and cancelled some stock options granted but not exercised, The procedure is in compliance, there is no falsehood, intentional concealment or major misunderstanding, and it complies with the provisions of relevant laws, regulations and normative documents.
5、 Verification opinions on the fulfillment of exercise conditions in the second exercise period of the first grant of options under the stock option incentive plan
The board of supervisors reviewed the exercise conditions of the stock option granted for the first time in the stock option incentive plan. After verification, it is considered that the exercise conditions of the second exercise period of the stock option granted for the first time in the stock option incentive plan of the company have been met, and the exercise conditions of the stock option incentive plan comply with the relevant provisions of the measures for the administration of stock incentive of listed companies and the stock option incentive plan of the company (Revised Draft).
The board of supervisors of the company checked the 426 incentive objects in the second exercise period granted by the company's stock option incentive plan for the first time, and believed that the individual performance appraisal results of each incentive object were compliant and true, and there were no false, intentional concealment and other relevant circumstances. The substantive conditions for the exercise of 426 incentive objects in the second exercise period of the incentive plan had been met.
The board of supervisors agreed to exercise 426 eligible incentive objects this time, with 75392288 stock options in the second vesting period and an exercise price of 3.15 yuan / share. The above matters meet the conditions specified in relevant laws, regulations and normative documents, and there is no damage to the interests of the company and shareholders.
Cosco Shipping Holdings Co.Ltd(601919) board of supervisors
May 19, 2022
