Lotus holdings completes first stock option exercise for employees

Lotus Holdings Co., Ltd. announced the successful completion of the first exercise period for the reserved portion of its 2023 stock option and restricted stock incentive plan. A total of 495,350 shares were exercised by 18 employees, with an exercise price of RMB 3.48 per share. The exercise was registered on November 3, 2025, following board approvals on August 28, 2025, confirming the achievement of the exercise conditions.

The funds raised from this exercise amounted to RMB 1,723,818.00, contributed by the 18 incentivized employees. These shares were sourced from the company's previously repurchased A-shares. Consequently, while Lotus Holdings' registered capital and paid-in capital remain unchanged at RMB 1,793,107,141, the number of shares in the company's repurchase account has decreased by 495,350. The exercise does not impact the total share capital, financial status, or operating results of the company's most recent financial period.