bigtoparcade| Xiaoxiong Electric (002959.SZ): Plans to promote the 2024 stock option incentive plan

Gelonghui May 24 丨 Xiaoxiong Electric (002959bigtoparcade.SZ) Announces 2024 Stock Option Incentive Plan (Draft)bigtoparcade, this incentive plan is intended to be awarded to incentive recipientsbigtoparcadeThe number of stock options is 63bigtoparcade.71.2 million shares, accounting for approximately 0.41% of the company's total share capital of 156.855099 million shares on the date of announcement of this draft incentive plan. This grant is a one-time grant with no reserved rights. The exercise price of stock options granted under this incentive plan is 47.41 yuan/share.

bigtoparcade| Xiaoxiong Electric (002959.SZ): Plans to promote the 2024 stock option incentive plan

This incentive plan involves a total of 49 incentive targets, including senior managers and core key employees who were working in the company (including branches and holding subsidiaries) when the company announced this incentive plan, excluding independent directors, supervisors, individual or shareholders or actual controllers holding more than 5% of the company's shares and their spouses, parents and children.

The validity period of this incentive plan is from the date of grant of stock options to the date when all stock options granted to the incentive recipients are exercised or cancelled, and the maximum period shall not exceed 36 months.

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