Beijing New Building Materials grants restricted shares to 67 employees

Beijing New Building Materials Company Limited (BNBM Group) has granted 1.8725 million reserved restricted shares to 67 incentive recipients under its 2024 Restricted Stock Incentive Plan. The company's seventh board of directors approved the grant, setting September 15, 2025, as the grant date. The grant price for these reserved shares is 15.75 yuan per share.

The recipients include Wang Jiachuan, chief financial officer and chief accounting officer, who received 61,000 shares, and 66 other core personnel who received a total of 1.8115 million shares. This action is consistent with resolutions from the second extraordinary general meeting in 2025 and complies with relevant laws and regulations. The total shares in the incentive plan are 12.755 million, representing 0.764% of the company's total share capital.

The necessary approvals and authorizations for this reserved grant have been obtained, and the conditions for granting restricted shares have been met. The plan is expected to incur share-based payment expenses, with 1.78449 million yuan allocated for 2025, 188.67 million yuan for 2026, 646.88 million yuan for 2027, 558.40 million yuan for 2028, and 286.26 million yuan for 2029.