CATL announces third stock option exercise period for 2022 plan

CATL's 2022 stock option incentive plan has entered its third exercise period, enabling 136 eligible participants to self-exercise 1,028,425 stock options. The exercise price for these options is adjusted to CNY 278.90 per share. The actual exercise period for these options is set from September 22, 2025, to September 7, 2026.

The company's board of directors and supervisors approved the fulfillment of the exercise conditions on September 8, 2025. The performance target for this period, based on cumulative operating revenue from 2022 to 2024, was met, with actual revenue reaching CNY 10,915.24 billion against a target of CNY 8,500 billion. Following this exercise, the company's total share capital will increase by 1,028,425 shares. The company's shares will continue to meet listing requirements.