Dun'an Environment adjusts equity incentives, share capital decreases

Zhejiang Dun'an Artificial Environment Co., Ltd.'s board approved revisions to its articles of association, reducing registered capital from CNY 1,064,602,139 to CNY 1,064,402,339. This change reflects the repurchase and cancellation of restricted shares from its 2023 equity incentive plan. The total share capital also decreased from 1,064,602,139 shares to 1,064,402,339 shares.

Concurrently, the board approved adjustments to the 2025 restricted stock and stock option incentive plan. The number of incentive recipients for restricted shares was reduced from 371 to 365, with total restricted shares decreasing from 10,378,000 to 10,075,000 at a grant price of CNY 7.05 per share. Similarly, the number of stock options granted was adjusted to 4,770,000 for 44 recipients, with an exercise price of CNY 14.10 per share. These adjustments stem from 24 participants voluntarily waiving their grants and one participant's job change.