The board of directors of NOVOSENSE (02676) has resolved to propose the adoption of a 2026 H-Share Plan and a 2026 A-Share Restricted Stock Incentive Plan, subject to approval by the company's shareholders.
The adoption of the two plans is not conditional upon each other.
Purpose of the 2026 H-Share Plan
The 2026 H-Share Plan is designed to provide the company with a flexible method to attract, compensate, incentivize, retain, reward, and provide benefits to eligible participants.
It aims to align the interests of these participants with those of the company and its shareholders by offering them an opportunity to acquire proprietary equity and become shareholders.
The plan also seeks to encourage eligible participants to contribute to the company's long-term growth, performance, and profitability, thereby enhancing the value of the company and its shares for the benefit of all shareholders.
Eligible participants include employees and service providers.
Rationale for the 2026 A-Share Incentive Plan
To further improve the company's long-term incentive and restraint mechanism, continuously attract and retain outstanding talent, and fully motivate the core team's initiative and creativity while enhancing their sense of belonging, achievement, and responsibility, the 2026 A-Share Restricted Stock Incentive Plan has been formulated.
This plan effectively integrates the interests of shareholders, the company, and the core team, fostering a shared focus on the company's long-term sustainable development and ensuring the realization of its strategic and operational goals.
Participants in the 2026 A-Share Restricted Stock Incentive Plan include the group's core technical personnel, middle management, key staff, and other employees who must have an employment or service contract with the company, its branches, or its controlling subsidiaries during the assessment period.
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