Sie Consulting grants restricted stock to key personnel

Guangzhou Sie Consulting has approved the grant of 730,000 restricted shares from the reserved portion of its 2024 Restricted Stock Incentive Plan to 21 middle-management and core technical personnel. The grant date is set for October 14, 2025, with a grant price of 14.9103 yuan per share, completing the reserved portion of the incentive plan. This decision was approved during the fourth board of directors' sixth meeting and the fourth supervisory board's sixth meeting on October 14, 2025.

The incentive plan's shares will vest in three tranches: 40% after 24 months, 30% after 36 months, and 30% after 48 months from the grant date. Vesting is subject to performance targets tied to net profit growth rates relative to 2024. The projected total cost for this restricted stock grant is 941.41 yuan, to be expensed from 2025 to 2029.

This grant aligns with the original 2024 Restricted Stock Incentive Plan (Draft) and adheres to all applicable laws and regulations, with beneficiaries meeting eligibility criteria. The company has clarified that the remaining 450,000 reserved shares, not part of this grant, will automatically expire.