COSCO SHIPPING Holdings restricts stock option exercise

COSCO SHIPPING Holdings has announced a restricted exercise period for its stock option incentive plan. The restriction applies to both the third exercise period of the initially granted options, from June 5, 2023, to June 2, 2026, and the third exercise period of the reserved granted options, valid from May 29, 2024, to May 28, 2027.

The company specifies that the restriction on option exercise will be in effect from Friday, September 26, 2025, to Thursday, October 30, 2025. During this period, all incentive beneficiaries will be prohibited from exercising their options.

This temporary suspension aligns with the company's "Stock Option Incentive Plan (Second Revision Draft)" and relevant regulations from the China Securities Depository and Clearing Corporation Limited Shanghai Branch. It also aligns with the company's planned interim profit distribution for 2025 and the disclosure schedule for its third-quarter report of 2025. Exercise rights will be reinstated on Friday, October 31, 2025.