Subsidiary Company of HUABAO INTL(00336) intends to adopt Huabao Flavours & Fragrances 2025 Restricted Stock Incentive Plan.

HUABAO INTL (00336) announced that its main subsidiary, Huabao Flavours & Fragrances Limited, plans to adopt the Huabao Flavours & Fragrances 2025 Restricted Stock Incentive Plan. The purpose of the stock incentive plan is to further develop and improve the long-term incentive mechanism of Huabao Flavours & Fragrances, attract and retain outstanding talents, and fully motivate the directors, senior management, core management, technical and business personnel of Huabao Flavours & Fragrances, as well as other personnel deemed necessary to be incentivized by the board of directors of Huabao Flavours & Fragrances (the aforementioned personnel are directors or employees of Huabao Flavours & Fragrances and/or its subsidiary companies). The stock incentive plan aims to effectively align the interests of Huabao Flavours & Fragrances shareholders, Huabao Flavours & Fragrances, and its core team, focusing on the long-term development of Huabao Flavours & Fragrances, and fully protecting the interests of its shareholders.