BNBM adds proposals for share incentive plan, governance changes

BNBM has announced the addition of several temporary proposals to its upcoming Second Extraordinary General Meeting of Shareholders in 2025. These new proposals, initiated by controlling shareholder China National Building Material Company, include a revised 2024 share incentive plan and the elimination of the company's supervisory board, alongside revisions to the company's articles of association. The meeting, scheduled for June 27, 2025, will allow shareholders to vote on the proposed changes using a combination of in-person and online voting methods. China National Building Material Company currently holds 639,065,870 shares, representing 37.83% of BNBM's total share capital. The original notice of the meeting, issued June 3rd, remains largely unchanged.