Ascentage Pharma Announces New Compensation Plan Under 2021 and 2022 RSU Schemes to Reward and Retain Key Talent

Reuters
06-27
Ascentage Pharma Announces New Compensation Plan Under 2021 and 2022 RSU Schemes to Reward and Retain Key Talent

Ascentage Pharma Group International has announced further grants under its 2021 and 2022 RSU Schemes. The grants include awards for specific 2022 Selected Persons, aimed at rewarding their contributions to the company's growth. Notably, the grant of 2022 Awards to Dr. Zhai has received approval from independent non-executive directors, ensuring compliance with relevant regulations. The vesting of the 2021 Awards is contingent upon the recipients achieving satisfactory annual performance review scores. Additionally, a clawback mechanism is in place, allowing the company to rescind unvested RSUs under certain conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ascentage Pharma Group International published the original content used to generate this news brief on June 27, 2025, and is solely responsible for the information contained therein.

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