Great Wall Motor Company Limited(601633) board of supervisors
Verification opinions on the repurchase and cancellation of some restricted shares in the 2021 restricted stock incentive plan and the achievement of performance at the company level
1、 On the repurchase and cancellation of some restricted shares granted by the company’s restricted stock incentive plan in 2021 for the first time
The board of supervisors believes that according to the achievement of the company level performance of the 2021 restricted stock incentive plan, the company repurchases and cancels the part of restricted stock that has not been lifted at the company level, and cancels the restricted stock granted to the incentive object for the first time before the lifting of the ban on restricted stock, such as resignation, job transfer, demotion or in combination with the annual personal performance evaluation of the incentive object, Comply with the provisions of the measures for the administration of equity incentive of listed companies and the 2021 restricted stock incentive plan. The reason, quantity and price of the cancellation of restricted shares are legal and effective. The above matters will not lead to the distribution of shares of the company not meeting the requirements of listing conditions, will not affect the continuous implementation of the company’s restricted stock incentive plan in 2021, and will not harm the interests of the company and shareholders. The company agrees to cancel the restricted shares corresponding to the cancellation reasons to some incentive objects.
2、 On the achievement of the company level performance of the first phase of lifting the restrictions on the sale of restricted shares granted by the company’s restricted stock incentive plan in 2021
The board of supervisors believes that the company’s arrangement on the achievement of performance at the company level on the lifting of restrictions on sales complies with the provisions of laws and regulations such as the measures for the administration of equity incentive of listed companies, as well as the requirements of the 2021 restricted stock incentive plan and the measures for the administration of the implementation and evaluation of Great Wall Motor Company Limited(601633) 2021 restricted stock incentive plan. The relevant performance at the company level has been achieved, and there is no situation damaging the interests of the company and all shareholders. It is agreed that the proportion of sales restrictions lifted at the company level (x) = 89.06%, and the part not lifted at the company level will be repurchased and cancelled by the company.
3、 On the achievement of company level performance in the first exercise period of stock options granted for the first time by the company’s stock option incentive plan in 2021
The board of supervisors believes that the company’s arrangement on the company’s exercise conditions and the achievement of performance at the company level complies with the provisions of laws and regulations such as the measures for the administration of equity incentive of listed companies, as well as the requirements of the 2021 stock option incentive plan and the measures for the Administration of the implementation and evaluation of Great Wall Motor Company Limited(601633) 2021 stock option incentive plan. The relevant performance at the company level has been achieved, and there is no situation that damages the interests of the company and all shareholders. It is agreed that the exercisable proportion at the company level (x) = 89.06%, and the subsequent cancellation and exercise shall be carried out in accordance with relevant regulations.
supervisor:
Lu Caijuan, Liu Qian, Ma Yubo
May 20, 2022
