Huabao Flavours & Fragrances' board approves restricted stock incentive plan participants

Huabao Flavours & Fragrances Co., Ltd. announced that its supervisory board has completed its review and approval of the initial grant recipients for the 2025 restricted stock incentive plan. The plan was initially approved by the board of directors and supervisory board on August 25, 2025.

The company conducted a public公示period from September 9 to September 18, 2025, for the proposed grantees' names and positions, during which no objections were raised. The supervisory board verified the identity, employment contracts, and positions of the proposed grantees, including foreign directors and employees crucial for the company's strategic development and operations.

The supervisory board confirmed that all listed individuals meet the eligibility criteria outlined in the "Management Measures," "Supervision Guidelines," and the company's "2025 Restricted Stock Incentive Plan (Draft)." These individuals have not been found unsuitable by regulatory bodies, nor have they committed any major violations or incurred administrative penalties within the past 12 months. They also do not include company supervisors, independent directors, or major shareholders and their immediate family members.