CATL cancels unexercised stock options from 2021 incentive plan

Contemporary Amperex Technology Co., Limited (CATL) announced the completion of the cancellation of 2,404 stock options granted under its 2021 stock option and restricted share incentive plan. This action follows resolutions passed during board and supervisory board meetings on December 5, 2025.

The cancellation addresses stock options held by employees who have since left the company and options from the third vesting period that expired unexercised. These options no longer met the vesting conditions specified in the 2021 incentive plan. The company previously disclosed details of this cancellation on December 6, 2025.

This cancellation aligns with the provisions of CATL’s 2021 incentive plan and will not impact the company's share capital or the continued implementation of the remaining incentive plan. The process was officially confirmed and completed by the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited.